04 Apr
|
BNP Paribas
|
Chennai
04 Apr
BNP Paribas
Chennai
Apply on Kit Job: kitjob.in/job/45tszq
About BNP Paribas
BNP Paribas Group – Europe’s leading bank and a global banking champion operating in 65 countries with ~185 000 employees. The Group offers commercial, personal, investment, protection and corporate‑institutional services through an integrated, diversified model that supports individuals, SMEs, corporates and institutions worldwide.
BNP Paribas India Solutions – A wholly‑owned subsidiary of BNP Paribas SA, created in 2005. With delivery centres in Bengaluru, Chennai and Mumbai, the 24 × 7 global delivery hub serves Corporate & Institutional Banking, Investment Solutions and Retail Banking across the Group. Over 10 000 employees collaborate to design and deliver best‑in‑class solutions for our clients.
Role Overview
The Global Custody Tax team processes client documentation to secure tax advantages, ensures correct fiscal treatment under applicable Double Taxation Agreements (DTAs) and oversees tax reclaim activities. The Senior Associate leads daily operations, mentors junior staff and guarantees delivery against service level agreements and key performance indicators (KPIs).
Responsibilities
• Serve as the go‑to reference for tax team members; train and guide them on daily tasks.
• Allocate work, set daily priorities and oversee complex operational items.
• Perform “checker” reviews on all manual tax‑related activities.
Operational Delivery • Process Business‑As‑Usual (BAU) transactions in accordance with SOPs.
• Collect, verify and analyse tax information and documentation.
• Update the tax database to reflect correct fiscal treatment based on DTAs,
client residency and sub‑custodian procedures.
• Provide clients with market updates and tax matrix insights.
• Manage fiscal documentation for relief‑at‑source and ensure correct withholding tax application.
• Prepare and monitor tax reclaim forms and status via the tax‑reclaim system.
• Collect refunds from tax authorities/sub‑custodians and remit them to clients.
• Issue certifications or disclosures requested by tax authorities/sub‑custodians.
• Perform daily controls using check‑lists; ensure priorities are met and tasks executed accurately.
• Escalate incidents or operational risks to the Team Leader promptly.
• Justify and resolve cash‑break investigations with Control Teams.
• Continuously improve documented procedures – ensure they are complete, current and accurate.
• Participate in brainstorming sessions, share best practices and contribute ideas to peers.
• Prepare monthly KPI reports as per requirements.
• Follow Business Continuity Planning (BCP) protocols during contingencies.
• Be willing to work any shift supporting Asian, American or European business hours.
Education, Technical and Behavioral Competencies
A Master’s degree (or equivalent) in Finance, Economics, Law,
Business Administration or a related discipline, at least two years of experience in international taxation, tax reclaim or custodial tax operations, and a completed taxation article ship are required.
Professional Qualification Taxation qualification – e.g., CA (Inter) with completed articleship, or equivalent professional tax certification.
Strong knowledge of tax laws, withholding taxes and Double Tax Treaty Agreements (DTAs). Excellent oral and written communication skills.
Understanding of international taxation, custody operations, relief‑at‑source and tax reclaim processes. Proven ability to collaborate and work effectively in a team.
Ability to analyse complex tax documentation with high attention to detail. Results‑driven mindset; consistently meets or exceeds KPIs.
Proficiency in MS Word and Excel (advanced formatting, formulas, pivot tables).
Rigor and precision in all tasks; strong organisational skills.
Familiarity with tax‑reclaim systems and tax‑database management.
Adaptability to changing processes and ability to support change initiatives.
Commitment to Diversity & Inclusion
We foster a workplace where every employee is respected, valued and free to bring their authentic self to work. Discrimination or harassment of any kind is prohibited. Our policies guarantee equal employment opportunity irrespective of gender, gender identity, sexual orientation, ethnicity, race, colour, national origin, age, religion, disability, veteran status or any other protected characteristic.
Apply on Kit Job: kitjob.in/job/45tszq
📌 Senior Associate - Global Custody Tax (Chennai)
🏢 BNP Paribas
📍 Chennai