Requisition ID : 210520
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
This role supports the Director, Tax Operational Risk.
Is this role right for you? In this role, you will :
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Assist Director of Tax Operational Risk in providing tax advice and counsel in respect of governance frameworks and processes related to tax regulatory regimes including the Qualified Intermediary (QI), Qualified Derivative Dealer (QDD), and correspondent regimes (including 1446(a) and (f), and 871(m)).
- Provide enterprise wide governance and advice in respect of tax compliance in the areas of tax onboarding, due diligence, and information, withholding, and reporting as related to QI, QDD, and correspondent regimes (including 1446(a) and (f), and 871(m)).
- Provide technical support to the QI sustainment team, the Responsible Officer, and throughout QI compliance, audits and independent reviews.
- Coordinate and liaise with the Bank’s business lines to drive enterprise-wide compliance in the areas impacting tax operations and onboarding related to QI, QDD, and correspondent regimes (including 1446(a) and (f), and 871(m)).
- Together with the Operations, Governance and Internal Control teams, support the creation and monitoring of tax relevant processes and in support of compliance with the information reporting and withholding regimes.
- Provide tax technical and second-line support to the Regulatory Operations and Control group and in order to ensure tax compliant implementation of QI, QDD, and correspondent regimes (including 1446(a) and (f), and 871(m)).
- Assist in providing support for counterparty requests for Scotia tax forms in relation to self-certifications and U.S. W-8 / 9 forms.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations of his / her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-today business controls to meet obligations with respect to operational, compliance, AML / ATF / sanctions and conduct risk.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have :
- Minimum of 4 years’ experience in Financial Services and / or capital markets tax advisory, with focused experience in respect of the QI, QDD, and correspondent (including 1446(a) and (f), and 871(m)) regimes.
- Tax lawyer or CPA
What’s in it for you?
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
- We offer a competitive rewards package : Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.
scotiafinancejobs
Location(s) : Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose : "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.
If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.
If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role.
We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.