Senior Analyst, Tax Reporting; QI​/FATCA​/CRS

Senior Analyst, Tax Reporting (QI/FATCA/CRS)

Join to apply for the Senior Analyst, Tax Reporting (QI/FATCA/CRS) role at Fidelity Canada

Senior Analyst, Tax Reporting (QI/FATCA/CRS)

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Join to apply for the Senior Analyst, Tax Reporting (QI/FATCA/CRS) role at Fidelity Canada

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Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Job Description

Who We Are

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and expertly.

Your Opportunity

Fidelity Clearing Canada (FCC), founded in Toronto in 2009, provides Canadian registered brokerage firms and portfolio managers with trade execution, clearing, custody and back-office support.

The Tax Reporting team at FCC manages all aspects of tax reporting for our clients, including CDN plan/nonplan/estate reporting, QI obligations, US reporting, and FATCA/CRS obligations & reporting.

The team has 3 main areas of focus

• Plan/Estate reporting
• Non Plan reporting
• QI/FATCA/CRS obligations & reporting

The Senior Analyst, Tax Reporting is expected to be the subject matter expert in 1 or more of the 3 main areas of team focus. In addition, the individual provides backup as needed for the other areas. The role is expected to liaise with other internal groups to ensure efficient and accurate processes that make the most sense from a client and regulatory aspect.

The role will also get involved with Policy & Procedure creation/update, risk review, training, and other tasks as assigned.

The current opportunity is for an individual who can demonstrate expertise in QI & FATCA/CRS obligations, including documentation review, reconciliation of income and withholding, and reporting to CRA & the IRS.

Primary Functions

What You Will Do

The Tax Reporting team is responsible for

• Timely and accurate tax slip production & distribution to all clients, and filing with regulators
• Document review as needed (QI, , RC forms)
• Withholding tax remittance
• Various reconciliations to ensure appropriate and accurate tax reporting
• Interfacing with tax authorities for ongoing correspondence & audits.

The team also gets involved with projects, ranging from area specific to organization wide. They liaise with internal &/or external groups as applicable, to ensure efficient and accurate processes that make the most sense from a client and regulatory perspective. The roles within the team provide an excellent client experience and are responsible for ensuring FCCs brand and reputation are protected by adhering to Fidelity's compliance and risk framework.

Compliance and Risk Framework

The roles within the team follow procedures/guidelines and take proactive steps to

• Maintain satisfactory internal and external Audit/Regulatory/Risk Ratings and Reviews
• Ensure all reporting is completed accurately on or before regulatory deadlines
• Stay current with regulatory environment governing tax responsibilities
• Identifying issues and risks (financial & regulatory)
• Ensure all internal and external tax accounts are reconciled

What We Are Looking For

• 3 - 5 years of demonstrated experience in QI/FATCA/CRS obligations and reporting
• Knowledge…