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Citigroup Tax Analyst 1 - C09 - MUMBAI in Mumbai, India

Responsible for in-scope processes related to one or multiple Citi lines of business within the centralized Tax Information Reporting function in FRSS. This position supports the reduction/elimination of Citi's franchise & regulatory risk through accurate and timely reporting and enhanced due diligence on customer accounts. The incumbent is expected to migrate information reporting work from various sub-units within the Business Line into FRSS; this process includes training and job shadowing, building documentation such as procedures and process flows, and identifies gaps in the process based on IRS regulations. In addition, the incumbent will support a specific business vertical and is expected to develop and enhance their product knowledge within a short timeframe.

This position will work in a team-oriented environment.

  • Act as a tax / information reporting specialist to execute the FATCA & CRS advisory/

rollout, Systems conversions/rollouts.

  • Executes the tax information reporting processes to products issued by Citi’s business

  • Migration of work into our centralized hub

  • Develop "Go To" processes and implement appropriate procedures/ controls to

ensure consistent compliance with Information Reporting & FATCA requirements

  • FATCA and CRS operations – delivery of KPI & KRI’s and Information reporting 1042s,

1099, 8966 and CRS reporting

  • Support FRSS Service Delivery / Engagement model with client constituency and other

key stakeholders

  • Identify and participate in process reengineering & redesign to achieve better controls,

compliance and efficiency

  • Support audits with IRS and Internal Audit (IA), and any other special audits.

  • Participate in self-assessment testing, MCA, SOX controls as well as any audits with IRS

Or Citi's IA.

  • Ensure tight controls over owned processes to include key controls and COB

  • Review, validate and process W-8 and W-9 tax forms and related documentation

according to IRS Chapter 3, chapter 61, FATCA regulations besides CRS.

  • Support Technology projects from a technical tax perspective

  • Contribute towards departmental requirement to adhere to strict regulatory and

Compliance requirements, per IRS and Citi policy.

  • Perform reviews of written tax policy and procedures, research and respond to

inquiries from operational areas

  • Handle Tax reporting for US and Non US legislations.

Job Family Group:

Finance


Job Family:

Tax


Time Type:

Full time


Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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