BNP Paribas | Vice President

5 days ago


bangalore, India BNP Paribas Full time
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About Business line/Function:
Tax Operations sits within the Transversal Lifecycle teams for Processing and Support functions under GMO and provides support to Operational taxes in the bank like Withholding Tax, Transaction Tax, IRS regulations information reporting etc.
Current Role:
Job Role: Vice President (VP1) - Tax Operations
Location: Bengaluru, India
Department: Global Market Operations
Business Line / Function: Transversal Lifecycle Support - Tax Operations
Position Purpose
The incumbent in this role will be a part of the Global Tax Operations within GMO, supporting the Americas region.
Responsibilities
Management of tax reporting, withholding, and documentation processing for Prime Brokerage business line in strict compliance with IRC Chapters 3, 4, 61, 871(m), 305(c), and FATCA regulations.
Supervision of staff to ensure support of tax form collection during client onboarding/recertification, payment tracking and tax withholding processing, and submission of year-end 1099, 1042-S, 945, and 1042 reporting in line with regulatory deadlines.
Oversight of existing controls policies, support of IT system enhancement.
Essential duties and responsibilities include the following:
Daily contribution to the management of all incoming client and counterparties inquiries via team inboxes (i.e. tax form corrections, US NRA withholding tax reversals or tax rate adjustments)
Collaborate with internal business stakeholders such as PM teams, Internal Systems support, Front Office Personnel, Operations personnel, and US Corporate Tax
Support new client onboarding thru the review, validation, and referential data updates associated with W-8 and W-9 client tax forms submissions and related documentation according to IRS Chapter 3, chapter 61, and FATCA regulations
Support weekly reconciliation of accrued tax withholding, the IRS remittance process, and monitoring remediation of tax ledger cash reconciliation breaks
Coordination of all year‐end tax information for activities/products in scope and reporting of information in accordance with IRS requirements
Support preparation for year end production, and contribute to management and remediation of simulation exception report findings
Coordinate with the primary tax vendors utilized by the bank to ensure proper coordination and data integrity associated with income allocation data for UBOs associated with the bank’s Non-Withholding Foreign Partnership and Non-Qualified Intermediary client population
Support year end information reporting production in Q1 of each year in order to contribute to the bank’s requirement to fulfill timely and accurate production of Forms 1099 & 1042-S
Perform quality assurance reviews of year end income reclassification of dividend income paid by RIC and REIT issuers reported on Forms 1099 & 1042-S
Minimum Required Qualifications:
Bachelor’s degree in Accounting, Finance, Business or similar
Experience relevant to US tax information reporting, withholding and management of US client tax documents
Exposure and comprehension of Internal Revenue Codes Chapter 3, Chapter 4, and Chapter 61
Experience and familiarity with global markets
Preferred Skillset:
Knowledge of settlement systems/products, such as the Broadridge BPS settlement system, Broadridge TMS (Tax Managed Services) and Broadridge TDS (Tax Data Solutions), BANCs, and Intermediary Processing System (IPS) or similar settlement, tax allocation, and reporting systems
Experience validating client tax forms (Forms W-8 series, Forms W-9) using third party vendor systems (i.e. MD3, TAINA), providing tax rate instructions, and updating back office static data and referential data systems
Experience in the development and deployment of reporting systems and tools
Understanding of system requirements and capabilities to ensure appropriate controls and management of BAU activity
Proven track record of contributing to team-oriented tasks and strategies, with the ability to identify client driven enhancements
Advanced Microsoft Excel and database management (Alteryx, Tableau, Business Objects or similar) experience and skills
Ability to perform multiple tasks and meet established deadlines in a fast-paced work environment
Experience Level: At least 15 years

  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai, and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai, and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai, and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...

  • Vice President

    3 days ago


    Bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...

  • Associate

    2 weeks ago


    Bangalore, India BNP Paribas Full time

    About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai, and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and...


  • Bangalore, India Zanskar Securities Full time

    Job Title: Vice President - Marketing Location: Bangalore, India Reporting To: CEO Industry: Fintech / Investment Tech About Us: Zanskar Tech is a core entity of the Zanskar group, focused on advancing technology in trading and financial services. It works alongside Zanskar Research and Zanskar Securities to drive innovation and efficiency in...


  • Bangalore, India Mulya Technologies Full time

    Vice President of Semiconductor Turnkey Solutions Location: Bangalore Position: Vice President of Semiconductor Turnkey Solutions ** **Company Overview:** We are at the forefront of innovation in the semiconductor industry, providing unparalleled turnkey solutions that empower our clients to achieve groundbreaking results. As a leader in...

  • Vice President

    3 weeks ago


    bangalore, India Capstone Property Recruitment Full time

    Job Title: Vice President – DesignLocation: BangaloreSalary: Up to £56,000 per annum PA (take home after tax) + accommodation + benefitsReporting to: Senior Vice President – Design & Product DevelopmentReportees: Senior General Manager (SGM), General Manager (GM) across all verticals in the Department of...


  • bangalore, India Apex Group Ltd Full time

    Vice President Business Development – South IndiaLOCATION: BANGALORESales & Business Development for India originated and focused businessJob SpecificationSales / Business Development of Apex products to institutional clients like Fund Managers, AIFs, Corporates, Private Equity/Venture Capital, Family Offices etcFocused on growing existing & acquiring...


  • bangalore, India Mulya Technologies Full time

    Vice President of Semiconductor Turnkey Solutions Location: Bangalore Position: Vice President of Semiconductor Turnkey Solutions ** **Company Overview:** We are at the forefront of innovation in the semiconductor industry, providing unparalleled turnkey solutions that empower our clients to achieve groundbreaking results. As a leader in System-on-Chip...


  • bangalore, India Mulya Technologies Full time

    Vice President of Semiconductor Turnkey Solutions Location: Bangalore Position: Vice President of Semiconductor Turnkey Solutions ** **Company Overview:** We are at the forefront of innovation in the semiconductor industry, providing unparalleled turnkey solutions that empower our clients to achieve groundbreaking results. As a leader in System-on-Chip...


  • bangalore, India Apex Group Ltd Full time

    Vice President Business Development – South India LOCATION: BANGALORE Sales & Business Development for India originated and focused business Job Specification Sales / Business Development of Apex products to institutional clients like Fund Managers, AIFs, Corporates, Private Equity/Venture Capital, Family Offices etc Focused on growing existing &...


  • Bangalore, India Apex Group Ltd Full time

    Vice President Business Development – South India LOCATION: BANGALORE Sales & Business Development for India originated and focused business Job Specification Sales / Business Development of Apex products to institutional clients like Fund Managers, AIFs, Corporates, Private Equity/Venture Capital, Family Offices etc Focused on growing...


  • bangalore, India Zanskar Securities Full time

    Job Title: Vice President - Marketing Location: Bangalore, India Reporting To: CEO Industry: Fintech / Investment Tech About Us: Zanskar Tech is a core entity of the Zanskar group, focused on advancing technology in trading and financial services. It works alongside Zanskar Research and Zanskar Securities to drive innovation and efficiency in fintech and...


  • bangalore, India Mulya Technologies Full time

    Vice President of Semiconductor Turnkey SolutionsLocation: Bangalore Position: Vice President of Semiconductor Turnkey Solutions** **Company Overview:** We are at the forefront of innovation in the semiconductor industry, providing unparalleled turnkey solutions that empower our clients to achieve groundbreaking results. As a leader in System-on-Chip (SoC)...

  • Vice President

    2 weeks ago


    Bengaluru / Bangalore, Mumbai, India Freelancer Faim Ahamad Full time

    DescriptionWe are seeking a highly experienced Vice President to join our team in India. The ideal candidate will have a strong background in business management and strategy, as well as extensive experience in the Indian job market.ResponsibilitiesDevelop and implement business strategies to drive growth and profitability in IndiaLead and manage the India...