Senior Specialist, Tax Reporting Operations & Regulatory Initiatives

CIBC • Toronto, ON

3d • Hybrid

About The Position

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

As a Senior Specialist, Tax Reporting Operations & Regulatory Initiatives, you will be responsible for ensuring that Tax Reporting delivers quality reporting to both the CRA and clients adhering to regulatory requirements with respect to deadlines and required data and forms. You will also be responsible for ensuring that LOBs procedures and processes meet the regulatory requirements for FATCA/CRS Tax Residency collection and Reasonability checks. You will represent Tax Reporting and Regulatory Initiatives on Projects and Change Initiatives impacting our reporting processes as a SME providing requirements, creating test cases and validating the changes. You will be accountable for handling complex, ambiguous, Reconciliation investigations relating to Tax Reporting CRA accounts. You will expedite resolution to the issues using independent judgement and analytical thinking to conduct in-depth research using multiple systems/reports to determine the nature of the problem, verify team members work and provide guidance. In addition, the role assists in the management of day-to-day operation and overall efficiency of Tax Reporting and also FATCA/CRS client remediation processes, while seeking opportunities to streamline current processes and procedures.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

Requirements

• Attention to detail and accuracy
• Ability to complete tasks within a minimal time frame
• Prioritize, organize workload and coordinate activities of the team by collaborating to ensure deadlines are met and pending items are reviewed regularly.
• Assist with training of new and/or temporary staff to provide support to peers in learning and understanding process, procedures and guidelines.
• Communicate with respect, authenticity, and ease with individuals of different levels and different areas within the bank.
• Able to use clear and concise communication skills to build trust-based relationships and solve problems.
• Excellent Microsoft Office skills (Word, Excel, Outlook) with ability to work with Spreadsheets and formulas.
• Able to navigate many varied systems and is technically savvy.
• Experienced with multi-tasking and working in fast-paced, often-changing environment.
• Experience working in a team where processes and procedures are changing and updating.
• Ensure the consistent delivery of high-quality service through service excellence principles to meet or exceed the expectations of internal business partners, and ultimately go above and beyond service standards in order to exceed the expectations of our clients.
• Thrive in an environment where there is a lot to learn fairly quickly.
• Critical thinking skills help to inform decision making.
• Motivated by collective success.
• Know that teamwork can transform a good idea into a great one.
• Know that an inclusive team that enjoys working together can bring a vision to life.
• Embrace and champion change.
• Continuously evolve your thinking and the way you work in order to deliver your best.
• Enjoy investigating complex problems and making sense of information.
• Confident in your ability to communicate detailed information in an impactful way.
• Demonstrate experience in leading in a production environment.
• Strong written communication skills.
• Bring your real self to work, and you live our values - trust, teamwork, and accountability.

Nice To Haves

• Experience in Tax Reporting end to end processes
• Experience in FATCA/CRS onboarding and client remediation processes

Responsibilities

• Ensuring that Tax Reporting delivers quality reporting to both the CRA and clients adhering to regulatory requirements with respect to deadlines and required data and forms.
• Ensuring that LOBs procedures and processes meet the regulatory requirements for FATCA/CRS Tax Residency collection and Reasonability checks.
• Representing Tax Reporting and Regulatory Initiatives on Projects and Change Initiatives impacting our reporting processes as a SME providing requirements, creating test cases and validating the changes.
• Handling complex, ambiguous, Reconciliation investigations relating to Tax Reporting CRA accounts.
• Expediting resolution to issues using independent judgement and analytical thinking to conduct in-depth research using multiple systems/reports to determine the nature of the problem, verify team members work and provide guidance.
• Assisting in the management of day-to-day operation and overall efficiency of Tax Reporting and also FATCA/CRS client remediation processes.
• Seeking opportunities to streamline current processes and procedures.

Benefits

• Competitive salary
• Incentive pay
• Banking benefits
• Benefits program
• Defined benefit pension plan
• Employee share purchase plan
• Vacation offering
• Wellbeing support
• MomentMakers, our social, points-based recognition program
• Purpose Day; a paid day off dedicated for you to use to invest in your growth and development

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed