Position Overview:
Exciting opportunity for an AEOI professional to join a growing regulatory team at a fund administration firm! The AEOI Senior Associate prepares and reviews FATCA and CRS reporting for client funds in the Cayman Islands, the BVI, the United Kingdom and Luxembourg, and keeps the records that show each filing was right. The role is the second person on every return, as the Group AEOI Policy requires, and is trained towards the AEOI Deputy designation. High performers will have the opportunity to progress within the AEOI & Regulatory Reporting function.
Essential Functions:
- Prepare FATCA and CRS returns, nil returns and Filing Declarations for each client fund through the DITC Portal, BVIFARS, the HMRC AEOI service and the Luxembourg ACD, in the XML schema each authority specifies
- Reconcile every return to the investor register, year-end balances and payments, and complete the pre-filing checklist before submission
- Prepare the Cayman CRS Compliance Form and the BVI Additional Information Form, reconciled to the returns for the same year
- Act as second reviewer for returns prepared by the AEOI Analysts and sign the review record
- Validate investor self-certifications against the AML/KYC documentation, chase missing TINs, dates of birth and addresses, and act on changes of circumstances
- Identify the Controlling Persons of Passive NFE investors under the tests in the client policies
- Prepare registrations, change forms and Authorisation Letters, and maintain the portal user records
- Handle corrections, record errors and status messages by the dates the authorities set, and meet every statutory deadline: 31 May (BVI and United Kingdom), 30 June (Cayman Islands and Luxembourg), 31 July (Cayman Islands FATCA)
- Respond to client, investor and auditor queries, and prepare the AEOI sections of client reports and board packs
- Maintain the client FATCA and CRS policies and the department's procedures, and track changes from the DITC, the BVI ITA, HMRC, the ACD and the OECD, including CARF
- Train and support the AEOI Analysts, and operate the reporting platform including bulk uploads and data quality checks
Minimum Requirements:
- Bachelor's Degree
- 3+ years of experience in FATCA and CRS reporting, or in fund administration or compliance with direct responsibility for AEOI filings
- Working knowledge of the Cayman Islands CRS Regulations and FATCA, the DITC Portal and the CRS XML schema
- Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook
Stand-Out Qualifications:
- Reporting experience in the BVI, the United Kingdom or Luxembourg, and familiarity with bulk reporting platforms
- Experience of private equity fund structures and investor types, including trusts, nominees and feeder funds
- A professional qualification or degree in law, accounting or compliance (ICA, STEP, ACCA, CPA), and familiarity with the Crypto-Asset Reporting Framework
Skills/Abilities:
- Ability to manage high volume workload by multi-tasking and prioritising, with statutory deadlines treated as fixed
- Excellent written and verbal communication skills
- Exceptional organizational skills and attention to detail, with the care to reconcile and evidence every figure
- Strong interpersonal skills with the ability to interact professionally with all levels of internal and external parties
- Ability to work independently and exercise professional judgement
- Team player with a strong work ethic
