Senior Analyst, Tax Documentation

Job Description

This role will be supporting RBC Investor Services (IS). As a Qualified Intermediary and Model 1 FFI we are responsible for ensuring valid US tax documentation is in place to support reduced tax treaty rates on US source income and FATCA withholding and reporting requirements. This role will lead, direct and manage all activities related to QI, FATCA and CRS account documentation for RBC Investor Services Trust and Royal Bank of Canada custody accounts.

• Responsible to provide direction to the business on all activities related to QI, FATCA and CRS documentation.
• Ensure valid US tax documentation is requested, validated and maintained for QI, FATCA and CRS purposes and reflected correctly on all custody systems.
• Develop process and procedure to mitigate operational risk, reduce cost and look for opportunities to improve operational efficiency.
• Accountable for ensuring all business units are aware of and follow established QI, FATCA and CRS documentation policies.
• Obtain satisfactory ratings on internal and external Audits/Reviews regarding documentation.
• Ensure all documentation, both QI and FATCA is compliant and reflected correctly on all custody accounts on all platforms.
• Ensure documentation meets QI/FATCA audit and any new review processes which may come into place as a result of CRS implementation.
• Review, validate and maintain all QI, FATCA and CRS documentation (IRS forms, self-certifications and documentary evidence) for compliance with the IRS/IGA guidelines for completeness, accuracy and acceptability.
• Responsible to provide account coding instructions for new/renewal documentation to the appropriate groups.

• 3+ years of relevant work experience.
• Excellent knowledge of QI & FATCA reporting requirements.
• Excellent knowledge of custody platforms and CMS.
• Risk management and mitigation focus.
• Ability to stay current with industry trends and evaluate impact on withholding and reporting.
• Ability to lead initiatives and projects complemented by strong project management skills and ability to meet strict deadlines.
• Superior interpersonal and networking skills with a proven track record of dealing with clients, industry associations, senior management, colleagues and staff.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate.
• Opportunity to obtain hands‑on experience throughout your role.
• Working with an exciting, close‑knit, supportive & dynamic group.
• Opportunity to collaborate with other business segments within the bank.
• Excellent career development and progression opportunities.
• A comprehensive Total Rewards Program including bonuses and flexible benefits.
• Competitive compensation.