Our Team The Onboarding Tax Team it's part of the wider Client Onboarding team, with a particular focus on ensuring adherence to local and International Tax regulation requirements for the Geneva platform. The Onboarding Tax Team is in charge of the review and acceptance of client tax documentation, the maintenance of data in a variety of systems, regular review of existing client files to ensure data consistency and processing of any ad hoc changes requested by our clients. In addition the Onboarding Tax Team coordinates the Tax projects from an operational perspective, plus they also act as Center of Excellence for the Business who refer to them for any Onboarding/Operational Tax issues/questions or complex situation. The Onboarding Tax Team supports all aspects of client onboarding from an operational perspective which includes the fulfilment of Anti Money Laundering (AML), Know Your Client (KYC), and Account Opening requirements mainly in tax documentation and FATCA/CRS implementation. The Onboarding Tax Team is responsible for the control of client tax documentation and setup as well as the ongoing maintenance of Private Banking Accounts across multiple European Jurisdictions and ensuring compliance with local tax and regulatory static data requirements. The jobholder will work in a fast paced environment where prioritization is key to succeed. Position Description:
Complete review of client tax documentation and systems input
Provisioning of guidance, advice and training to other teams in tax matters
Advise the business on a wide range of tax documents issues relevant to account opening and due diligence in the implementation of International Tax Agreements
Support the business on prospects development ahead of the account opening stage as well
Controls and reconciliation in order to ensure that tax information stored in our systems is accurate and in line with client's documentation
Monitor the different tax reporting datelines as per domestic law and international tax conventions
Law degree or background is required
A degree qualification or professional certification relating to tax is desirable
Deep knowledge of the different structures (e.g. Trust, Foundations, Partnerships, PHC) opened within the Wealth Management industry
Good knowledge of AML/KYC requirements or Economic Sanctions laws and regulations gained within a corporate environment
Familiar with Common Reporting Standard (CRS)
Familiar with US tax forms - FATCA QI
General knowledge on the European tax regime, ie in Spanish, Italian, UK, French, German.
Excellent organizational skills - attention to detail, methodical, process driven
Multi-tasker who can manage multiple streams of work concurrently and prioritize effectively
A flexible, team spirited approach with the ability to work independently
High ethical values
Ability to work accurately to tight deadlines in a demanding environment
Strong MS Office skills
A strong sense of ownership and responsibility
Outstanding interpersonal, verbal, and written communication skills
Fluency in English mandatory / fluency in any European languages would also be a strong advantage
About Us J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions with client assets of $4 trillion. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.