Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
To provide core support to the business through the development and maintenance of accurate management information and the analysis of available information. To provide valuable insights for strategic decision making and accurate information for day-to-day operational management.
Job Description
Key Accountabilities:
- Present and manage the FATCA CRS and IT3 MI to respective stakeholders
- Engage weekly with the Line Managers to identify new report requirements
- Supporting respective Stakeholders by building and maintaining relationships with relevant stakeholders
- Training colleagues and Stakeholders towards report production for FATCA CRS and IT3
- Tax Authority Portal Information Management
- FATCA CRS Report Production, compilation and submission to relevant stakeholders
- FATCA CRS data reconciliation and remediation
- Ensure all FATCA CRS data goes through proper remediation to eliminate the risk of under reporting FATCA CRS data.
- Have knowledge and understanding of all FATCA CRS policies and regulations to ensure that you can advise stakeholders on any FATCA CRS queries.
- Ensure that respective stakeholders comply, understand and deliver on expected deliverables by regularly engaging them.
- Identify any risks within the respective business units, and take necessary measures to eliminate any risks identified
- Review FATCA CRS reports to ensure that all customer classifications are accurately Classified
- Annual FATCA CRS reporting to Tax Authorities customer tax status and annual validation processing
- Follow up with stakeholders to ensure they remediate and obtain relevant tax documentation from clients
- Ensure monthly data loads are completed accurately and remediate any issues that occur
- Verify data against Production systems to ensure accuracy
- Participate and control Attestation Process
- Submission of annual / half year third party data submissions
- Obtain/verify/approve production runs for IT3 Tax certificates and the creation process thereof
- Liaise between stakeholders and relevant Tax Authorities
- Performing of interest calculations and verification against multiple sources
Education and Experience Required:
- NQF Level 4 : Grade 12
- 3 - 5yrs experience in Financial Services management information
Knowledge and Skills:
- Written and oral communication
- Analytical skills with proficiency in data analysis and management of big data volumes
- Proficient in MS Office
- Ability to learn and work on different technological systems
- Background knowledge of the Tax Reporting Standards would be an advantage
- Complete complex FATCA CRS processing, operational duties in support of assigned area. Resolve issues as required.
- A working knowledge of the basic mechanics of FATCA/CRS is advantageous
Competencies:
- Adapting and responding to change
- Applying expertise
- Coping with pressure and setbacks
- Deciding and initiating action
- Planning and organizing
- Presenting and communicating information
- Relating and networking
Education
Higher Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
Top Skills
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond.
We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
