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

Overview

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 and to provide backup for the other areas. The role liaises with other internal groups to ensure efficient and accurate processes from a client and regulatory perspective. The role will also be 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.

What You Will Do:

Primary Functions

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 and/or external groups as applicable to ensure efficient and accurate processes that make sense from a client and regulatory perspective. Roles within the team provide an excellent client experience and are responsible for ensuring FCC’s brand and reputation 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 the regulatory environment governing tax responsibilities
• Identify 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 of other Canadian reporting / filing processes is an asset
• Work within the brokerage industry or a clearing firm is an asset
• University Degree completed or equivalent work experience
• Tax related courses are an asset
• Industry courses such as CSC, CMH, CPA, etc., an asset

What You Bring:

• Demonstrated experience and knowledge of QI/FATCA/CRS obligations and reporting
• Excellent problem-solving skills
• Excellent client service skills
• Excellent communication skills, written and oral
• Accurate and detail-oriented
• Proficiency with Microsoft Excel
• Ability to manage competing priorities effectively
• Knowledge of Broadridge’s Dataphile platform an asset

Fidelity Benefits and Perks!

• Competitive total compensation package
• Opportunity to participate in Fidelity profit-sharing program
• Company contributes into your RRSP, without a matching requirement from you
• Health benefits and coverage, with no…