Compliance Specialist: FATCA/CRS

Purpose Statement

To assist the bank in meeting its regulatory obligations in relation to compliance with the Tax Adminitration Act

and related domestic and international tax regulations, in so far as it pertains to requirements under the Foreign

Account Tax Compliance Act (FATCA) and the Common Reporting Standards (CRS), toensure that business

processes are performed within the relevant statutory requirements.

Experience

Minimum:

● Minimum 5 years of experience in FATCA/CRS compliance, preferably in financial services or banking.

● Excellent analytical, organizational, and communication skills.

Ideal:

● Holding responsibility for oversight of a Tax Risk Programme, including FATCA/CRS

● Experience of financial services and banking products and services.

Qualifications (Minimum)

Bachelor's Degree in Law

Admitted Attorney

Qualifications (Ideal or Preferred)

Honours Degree in Law

Relevant Certification from the Compliance Institute of Southern Africa

Knowledge

Minimum:

Stakeholder management at all levels and up to Exco

Holding responsibility for oversight of legislation relating to financial services

Strong understanding of international tax reporting standards and regulatory frameworks

Risk Management experience

Ideal:

Deep understanding and prior experience in implementation and management of a Tax Risk Programme

Business acumen and business practices and processes, specifically relating to FATCA/CRS

Ability to explain complex regulations clearly

Skills

Project Management Skills (Methodolgy Specific)

Computer Literacy (MS Word, MS Excel, MS Outlook)

Interpersonal & Relationship management Skills

Planning, organising and coordination skills

Problem solving skills

Conditions of Employment

Clear criminal and credit record

A valid driver's license and own vehicle is required