Tax Operations Analyst

Embark on a transformative journey as a Tax Operations Analyst. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. You will support the Tax Documentation team in maintaining consistent, well controlled practices across the investment bank. In this position, you will manage the collection, validation, and maintenance of client tax documentation for your assigned portfolio of accounts, ensuring compliance with Tax Operations policies and IRS regulatory requirements.

You will be responsible for obtaining the appropriate tax forms for Barclays investment bank clients and validating all documentation in accordance with IRS guidelines.

To be successful as a Tax Operations Analyst, you should have experience in:

• Understanding and validating US W 8 and W 9 tax documentation in accordance with IRS regulations

• Supporting onboarding and remediation activities driven by regulatory changes

• Applying a basic understanding of financial products within the investment banking industry

• Communicating effectively with internal and external stakeholders, including clients, sales teams, and onboarding partners

• Using Microsoft Excel, PowerPoint, and Outlook with confidence in a collaborative, team focused environment

Some other highly valued skills may include:

• Experience in IRS tax form validation, reporting, and withholding, with awareness of tax technical requirements and industry practices

• Ample analytical thinking and problem-solving abilities, with the capacity to navigate detailed tax and documentation requirements

• A dynamic approach, including the ability to challenge existing processes, recommend enhancements, and drive continuous improvements

• Understanding of risks associated with operational tax processes, and the ability to clearly articulate these risks to management

• Technical aptitude and willingness to learn evolving tax and regulatory obligations

You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role is located in Whippany, NJ.

Minimum Salary: $64,000

Maximum Salary: $87,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclays employees are eligible for a suite of competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances.

This position is eligible for an incentive award.

To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution.

• Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Collaboration with teams across the bank to align and integrate operational processes.
• Identification of areas for improvement and providing recommendations in operational processes.
• Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.
• Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments to implement best practice in banking operations.
• Participation in projects and initiatives to improve operational efficiency and effectiveness.

• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your workand areas of responsibility…