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Compliance & Operational Risk - Tax Enterprise Oversight Manager

Sao Paulo, , Brazil

Job Description:

The Tax Enterprise Oversight (EPO) Compliance & Operational Risk team is focused on supporting the Global Technology & Operations Control Function. This team consists of subject matter experts on specific processes, controls, laws, rules and/or regulations that have applicability across all aspects of global Client/Counterparty & Customer Tax, and Indirect Tax across all FLUs.

The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Latam Region Front Line Unit or Control Function (FLU/CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management (CORM) Program and Standard Operating Procedures (SOPs) as they relate to the Global Tax EPO Latam Region scope. This individual will represent the Tax EPO in the Latam region for all horizontal tax compliance and risk management processes.  As a member of a CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.

Responsibilities:

  • Maintaining understanding and oversight of end-to-end tax related processes

  • Drive governance and compliance for Tax across the enterprise by defining the required guidelines and controls, monitoring and validation, thematic and root cause analysis and reporting. Elevate oversight and executive level accountability/engagement of Tax EPO

  • Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines

  • Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content

  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable

  • Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory

  • Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements for tax related risks

  • Ensures C&OR “owned” issues and control enhancements are identified and addressed appropriately and timely

  • Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results

  • Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)

  • Reviewing new business initiatives and products from a tax perspective, ensuring appropriate controls are built in up front to assure compliance and proper risk management

  • Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate

  • Participates in Scenario Analysis activities for coverage areas and challenges as appropriate

Core skills and requirements:

  • Minimum Years of Business & Functional Experience: 7 Years

  • Minimum Years of LATAM Regional Experience: 5 Years

  • Degree Required: Bachelor’s Degree

  • This team addresses multiple transformational work streams for the Enterprise. The strongest candidates will have a love for problem solving, great partnership and work in an environment that is highly visible and transformational. This role will have leadership exposure opportunities across the enterprise, allowing the right person to expand network and expertise. Ideal candidate should have US and/or foreign Tax Experience.

  • Financial Services, Compliance and Operational Risk, Client/Customer/Counterparty Tax, Indirect Tax or similarly regulated sector or technical skills

  • Strong influencing and interpersonal skills to interact in team and enterprise environment

  • Excellent written and verbal communication skills including documentation of findings and recommendations

  • Provide leadership and problem solving acumen; operate in “solution” oriented framework

  • Strong analytical / process design skills

  • Act with speed, while keeping attention to detail and accuracy

  • Flexibility and ability to effectively work in a growing, changing environment

  • MS Office Proficiency (Excel, Power Point, Word, PowerPoint)

  • Fluent in Portuguese and English, ideally working knowledge of Spanish 

Job Band:

H4

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Tax Enterprise Oversight (EPO) Compliance & Operational Risk team is focused on supporting the Global Technology & Operations Control Function. This team consists of subject matter experts on specific processes, controls, laws, rules and/or regulations that have applicability across all aspects of global Client/Counterparty & Customer Tax, and Indirect Tax across all FLUs.

The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Latam Region Front Line Unit or Control Function (FLU/CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management (CORM) Program and Standard Operating Procedures (SOPs) as they relate to the Global Tax EPO Latam Region scope. This individual will represent the Tax EPO in the Latam region for all horizontal tax compliance and risk management processes.  As a member of a CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.

Responsibilities:

  • Maintaining understanding and oversight of end-to-end tax related processes

  • Drive governance and compliance for Tax across the enterprise by defining the required guidelines and controls, monitoring and validation, thematic and root cause analysis and reporting. Elevate oversight and executive level accountability/engagement of Tax EPO

  • Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines

  • Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content

  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable

  • Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory

  • Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements for tax related risks

  • Ensures C&OR “owned” issues and control enhancements are identified and addressed appropriately and timely

  • Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results

  • Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)

  • Reviewing new business initiatives and products from a tax perspective, ensuring appropriate controls are built in up front to assure compliance and proper risk management

  • Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate

  • Participates in Scenario Analysis activities for coverage areas and challenges as appropriate

Core skills and requirements:

  • Minimum Years of Business & Functional Experience: 7 Years

  • Minimum Years of LATAM Regional Experience: 5 Years

  • Degree Required: Bachelor’s Degree

  • This team addresses multiple transformational work streams for the Enterprise. The strongest candidates will have a love for problem solving, great partnership and work in an environment that is highly visible and transformational. This role will have leadership exposure opportunities across the enterprise, allowing the right person to expand network and expertise. Ideal candidate should have US and/or foreign Tax Experience.

  • Financial Services, Compliance and Operational Risk, Client/Customer/Counterparty Tax, Indirect Tax or similarly regulated sector or technical skills

  • Strong influencing and interpersonal skills to interact in team and enterprise environment

  • Excellent written and verbal communication skills including documentation of findings and recommendations

  • Provide leadership and problem solving acumen; operate in “solution” oriented framework

  • Strong analytical / process design skills

  • Act with speed, while keeping attention to detail and accuracy

  • Flexibility and ability to effectively work in a growing, changing environment

  • MS Office Proficiency (Excel, Power Point, Word, PowerPoint)

  • Fluent in Portuguese and English, ideally working knowledge of Spanish 

Learn more about this role

Full time

JR-21058619

Band: H4

Manages People:

Manager:

Talent Acquisition Contact:

Fabiana Kawada

Referral Bonus:

0