Compliance Specialist: FATCA/CRS needed at Capitec Bank

Purpose Statement

• To assist the bank in meeting its regulatory obligations in relation to compliance with the Tax Adminitration Ac and related domestic and international tax regulations, in so far as it pertains to requirements under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standards (CRS), toensure that business processes are performed within the relevant statutory requirements.

Experience
Minimum:

• Minimum 5 years of experience in FATCA/CRS compliance, preferably in financial services or banking.
• Excellent analytical, organizational, and communication skills.

Ideal:

• Holding responsibility for oversight of a Tax Risk Programme, including FATCA/CRS
• Experience of financial services and banking products and services.

Qualifications (Minimum)

• Bachelor’s Degree in Law
• Admitted Attorney

Qualifications (Ideal or Preferred)

• Honours Degree in Law
• Relevant Certification from the Compliance Institute of Southern Africa

Knowledge

Minimum:

• Stakeholder management at all levels and up to Exco
• Holding responsibility for oversight of legislation relating to financial services
• Strong understanding of international tax reporting standards and regulatory frameworks
• Risk Management experience

Ideal:

• Deep understanding and prior experience in implementation and management of a Tax Risk Programme
• Business acumen and business practices and processes, specifically relating to FATCA/CRS
• Ability to explain complex regulations clearly

Skills

• Project Management Skills (Methodolgy Specific)
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Interpersonal & Relationship management Skills
• Planning, organising and coordination skills
• Problem solving skills