Team Lead of Wealth Management

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients - whether they be consumers, corporations, governments or institutions - to help them meet their biggest opportunities and face the world's toughest challenges. Shape your Career with Citi Citi's Wealth brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices. The strategies we create help our clients maintain liquidity while maximizing yields, transact in foreign currency and across borders, and manage fluctuating expenses or cash flow. We are uniquely suited to helping our clients meet their banking needs across regions through our global network. We're currently looking for a high caliber professional to join our team as Assistant Vice President , Wealth Tax Operations Team Lead - Hybrid (Internal Job Title: Securities & Derivatives Sr Analyst - C12) based in Hong Kong. Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance: Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country. We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That's why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world. We empower our employees to manage their financial well-being and help them plan for the future. Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. We have a variety of programs that help employees balance their work and life, including generous paid time off packages. We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world. In this role, you're expected to: Validation & Submission of non-US tax & US Tax reports covering different jurisdictions and products. Analyzing tax transaction withholding processes - Front to Back. Quickly acquire Citi's institutional knowledge to understand business segments and legal entities. Provide leadership and tax SME expertise to the Client Tax Operations team. Resolving issues/ Queries related to non-US & US taxes related to reporting. Execute key controls through periodic testing. Communicate operational changes arising from remediation or process or control enhancements to other Operation units. Develop Business Requirements for system-related enhancements and End to end management of implementation of new or amended taxes. Executing the road map to improve tax operations efficiency, controls, and resilience. Streamlining process inconsistencies, mitigate risks, and process documentation. Sharing knowledge among team to manage tax operations controls functions. Anticipate details of future taxations by communicating directly with key stakeholders and staying informed of relevant trends and updated industry practices. Driving projects and process improvements in collaboration with project lead, business, Technology, and relevant stakeholders. Reconciliation of positions and ensuring non-US tax completeness, accuracy, and timeliness. Perform 3-way reconciliation between tax authorities, clients, and custodians. Support all control functions including MCA, audits, procedures updates and implementation. Review and present metrics like functional dashboards, issue tracker or change management updates part of BAU function. Manage & monitor the key KPIs and metrics. Timely escalation of issues which impacts the tax processes, ensure root cause analysis, bank/client impact, Tax Authority/client settlement, P&L booking etc. is thoroughly reviewed, sharing regular transparent updates to the stakeholders and support to the E2E closure. Participation in governance forums. Close cooperation with Business and Tech partners on gap identification and process improvements Supporting internal & external audit reviews in relation to Client Tax Operations & controls processes Leading team, supporting the organization goals and evaluation of processes Recruiting talents Act as a manager when needed coordinating task allocation and completion within Client Tax Operations. Continue professional development to keep abreast of emerging technologies, methods and best practices. As a successful candidate, you'd ideally have the following skills and exposure: A good track record of experience in a tax-related area and good understanding of tax reporting and operational tax processes. Minimum 4 -6 years of experience in leading team Solid experience in Tax Operations (Direct/Indirect Tax, Withholding TAX, Goods and Services Tax, Trading Tax etc.) Proven experience working with demanding business stakeholders within a cross-functional matrix environment. Strong interpersonal skills to influence and spur change, facilitate, and enhance performance within a cross - functional environment. Proven experience leading a team. Deep understanding of taxes and operational processes Good understanding of Investments Products & Processes. Analytical thinking skills Effective workload management Effective, adjusted to recipient communication skills. Critical thinking and drawing logic conclusions. Adequate level of proficiency with MS Project, Excel, Visio, PowerPoint, and SharePoint with experience presenting to stakeholders and senior leadership stakeholders. Experience working in a collaborative environment both independently and team specific. Flexible with proven ability to manage shifting priorities, demands and timelines through analytical and problem-solving capabilities. Bachelor's/University degree or equivalent experience, preferably MBA - finance and banking Overall experience and acquaintance working in a corporate culture. Implement globally consistent and standard tax operational processes, procedures across all client segments under wealth. E2E Understanding of Non-US Taxes (VAT/GST) withholding processes across the organization and have extensive knowledge on the Revenue & GST GLs. Establish a globally unified and efficient operating model for Wealth Operations and focus on integrating consistent processes, tools, governance models. Continue enhancing the existing risk & control environment need based as required to run the day to day operations effectively. Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact. Take the next step in your career, apply for this role at Citi today https://jobs.citi.com/dei ------------------------------------------------------ Job Family Group: Operations - Transaction Services ------------------------------------------------------ Job Family: Securities and Derivatives Processing ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Most Relevant Skills Please see the requirements listed above. ------------------------------------------------------ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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