JOB : Asst. Manager/Manager – FATCA, CSR, Taxation
DATE
14-May-2017
EXPERIENCE
8 to 10 years
GENDER
Any
COMPANY PROFILE
Our client is a leading Bank in Kuwait.
DESCRIPTION
  • FATCA Management: Gain a thorough understanding of FATCA and assess its impact across the Bank utilizing internal and external resources as appropriate
  • Compliance: Introduce Bank policies, procedures and guidelines related to FATCA. 
  • FATCA Support: Assist branches staff with all aspects of FATCA and provide continues feedback and updates.
  • Business Requirements analysis: Consults with users to identify, analyze, refine and document business requirements.
  • Liaison: Serve as a liaison/Representative between business units and technical business units by analyzing business and user needs; defining requirement; and representing the user in the design, development, validation and implementation of appropriate technology solutions. Also between the Bank and regulatory authorities as well as industry experts with regards to regulations
  • Planning & Execution: Assists in planning and implementing change initiatives and drive execution against project plans and goals within specified timeframes
  • Reports: Review periodically in coordination with business units and Report the final list of accounts that qualifies the FATCA guidelines (both non-recalcitrant and recalcitrant customers) to IRS.
  • Business Coordinating: Ensure in coordination with business unit including subsidiaries/Dubai branch that as a group complies fully with FATCA guidelines.
  • Taxation: Tax withholding of tax for recalcitrant accounts, calculate the percentage and amount to be withheld.
  • Coaching: Train the business areas on an ongoing basis about the FATCA guidelines or any update on procedures.
  • Monitoring:  Establish a monitoring mechanism to ensure all accounts are classified properly and discover any discrepancies. 
  • CANDIDATE PROFILE
    1. Bachelor’s Degree in computer science preferably 2. Minimum 8 years professional experience 3. Experience in database management roles 4. Banking sector experience 5. FATCA Systems and data mining experience 6. Experience of advising on business intelligence related issues. 7. Additional knowledge of data mining and database management 8. General knowledge in financial process and reports
    EDUCATION LEVEL
    Bachelor of Computer Science - Information Technology
    LOCATION
    Kuwait
    NATIONALITY
    Arabs
    CONTACT PERSON
    Ms. Rakhi Tara - Recruitment Manager
    CONTACT PHONE NO. 22622757 - 202