SMBC Group

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Tax Specialist

Tax Specialist

Job Locations 
US-NY-New York
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Corporate Title 
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SMBC is looking for a Tax Specialist to join our growing team.


1. Review and approve US tax forms for account opening for SMBC US Branch and several other US subsidiaries
2. Manage IRS tax withholding audits with tax counsel
3. Primary author/reviewer all SMBC tax withholding operations desk policies and procedures
4. Staying on top of withholding tax rules and regulations and how they impact the bank
5. Be able to hit the ground running and manage the work flow and staff. Independently manage the tax operations function with oversight and guidance from PDAD-Tax
6. Assist and manage various ad hoc business-related withholding tax projects/requests as they arise and partner up with IT resources to ensure appropriate systems fixes and.or enhancements are completed
7. Manage the FFI (FATCA) and CRS (Common Reporting Standards) reporting on account balance information for customers to the IRS
8. Perform and manage the operational processes associated with annual information reporting by collaborating with the back office departments to obtain the requisite data
9. Coordinate the appropriate withholding tax payments to IRS by collaborating with the controller's group
10. Train and advise KYC staff at the bank and at the subsidiaries with tax withholding/account opening queries as they relate to various products
11. Capable of backing up co-workers with daily work, projects/reconciliations, or other assigned tasks
12. Production of daily and/or weekly reporting highlighting trends in key metrics



8-10 years of experience in the tax operations preferably in the financial institutions sector. Degree preferred with concentration in Accounting/Finance