Director – U.S. Information Reporting and Withholding Tax Expert
About the role
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. The role is positioned within Strategic Business Development and Transformation (SBD&T), reporting to the Head of Client Lines Americas and centrally to the Global Head of Tax Services, with a cross‑Client Lines mandate. Working with various stakeholders across all CIB2S locations and interacting with different Business Lines and Functions. Candidates are measured on four performance drivers: Results and Impact (influence peers, demonstrate good judgement on high‑complexity decisions, exercise appropriate autonomy, drive outcomes with meaningful effect); Leadership and Collaboration (create trust, act in leadership capacity for projects/processes/programs); Client, Customer and Stakeholder Focus (build relationships with colleagues and clients, interact regularly with management and department leaders, influence stakeholders at the team level); and Compliance Culture and Conduct (take full responsibility for personal actions, demonstrate courage in facing problems/conflicts, be perceived as a person of high moral character, uphold corporate values and display high ethical standards). BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC, present in 65 countries with nearly 190,000 employees, over 3,500 in the US across 10 states, and committed to a responsible, sustainable global leader with a focus on diversity, equity and inclusion.
Responsibilities
- Accountable for ensuring compliance of 2S with US information reporting and withholding tax regulations
- Ensure that 2S and the relevant operations, IT and product teams comply with all relevant US information reporting and withholding tax regulations.
- Work closely with the Operations, IT, products, etc. teams to review and enhance the end-to-end processes relating to the US tax withholding and reporting obligations (QI, section 871(m), US digital asset rules, etc.) for the full business of 2S and on worldwide basis.
- Provide subject matter expertise for strategic projects, system enhancements and digital transformation initiatives related to US tax withholding and reporting.
- Tax technical assistance of operational, products and client development teams on a day-to-day basis in coordination with Group Tax Department: act as 2S