Job Title: Assistant Manager- Tax Operations

About Business Line/Function

Market Operations is mandated to provide end-to-end trade processing within CIB ITO Global Markets. GMO's teams are focused on cross business standardization to improve efficiency of ITO services, while keeping operational risk under control.

The team is primarily responsible for carrying out following activities:
Provide best in class service to the institutional and corporate clients of the Bank
Process settlements, Collateral management, Treasury, payments, corporate actions and Operational tax activities for transactions initiated by CIB GM business.
Provide support across regions (APAC, EMEA and AMER) and products (Bonds, Equities, Complex Securities, ETF, SLAB, Repo etc.)

Tax Operations sits within the Transversal Lifecycle teams under GMO and provides support to Operational taxes in the bank like Withholding Tax, Transaction Tax, IRS regulations information reporting etc.

Job Title: Manager

Date: January 2026

Department: Global Market Operations

Business Line / Function: Transversal Lifecycle Support - Tax Operations

Reports To

(Direct)

AVP/VP

Grade

(if applicable)

Officer

(Functional)

Number Of Direct Reports

NA

Directorship / Registration

NA

Position Purpose

The incumbent in this role will be a part of the Global Tax Operations within GMO, supporting the Americas region. Specifically, the ITO Tax Operations in Americas is responsible for establishing operational procedures and controls to ensure compliance with IRS regulations regarding US information reporting (i.e. Forms 1099 and 1042S) under Internal Revenue Service code Chapter 3, Chapter 4, and Chapter 61. The group is responsible for maintaining client and counterparty tax documentation (i.e. W-8's and W-9's), withholding and remitting taxes to the IRS, producing Forms 1099 and 1042s issued to clients and counterparties, e-filing all Forms 1099 and 1042-S with the IRS, as well as the preparation and submission of annual 945 and 1042 tax returns with the IRS. The group collaborates with US Corporate Tax to assess the impact of new tax legislation and requirements and engages with cross-functional resources to develop plans to respond and/or comply with new regulations. To the extent a new business process is required, Tax Operations develops business requirements and ensures local IT and operational procedures are enhanced to support new regulations. In addition, Tax Operations supports cost basis updates, transfer reporting and corporate action events by managing client data in the GENEVA portfolio accounting system.

Responsibilities

Direct Responsibilities

Management of tax reporting, withholding, and documentation processing for Prime Brokerage business line in strict compliance with IRC Chapters 3, 4, 61, 871(m), 305(c), and FATCA regulations.
Supervision of staff to ensure support of tax form collection during client onboarding/recertification, payment tracking and tax withholding processing, and submission of year-end 1099, 1042-S, 945, and 1042 reporting in line with regulatory deadlines.
Oversight of existing controls policies, support of IT system enhancement.
Essential duties and responsibilities include the following:
Confirm accurate tax treatment of corporate action events utilizing third party vendor resources (CCH) assessing the material impact for cost basis tracking and reporting
Daily contribution to the management of all incoming client and counterparties inquiries via team inboxes (i.e. tax form corrections, US NRA withholding tax reversals or tax rate adjustments)
Collaborate with internal business stakeholders such as PM teams, Internal Systems support, Front Office Personnel, Operations personnel, and US Corporate Tax
Support new client onboarding through the review, validation, and referential data updates associated with W-8 and W-9 client tax forms submissions and related documentation according to IRS Chapter 3, chapter 61, and FATCA regulations
Support weekly reconciliation of accrued tax withholding, the IRS remittance process, and monitoring remediation of tax ledger cash reconciliation breaks
Coordination of all yearend tax information for activities/products in scope and reporting of information in accordance with IRS requirements
Support preparation for yearend production, and contribute to management and remediation of simulation exception report findings
Coordinate with the primary tax vendors utilized by the bank to ensure proper coordination and data integrity associated with income allocation data for UBOs associated with the bank's Non-Withholding Foreign Partnership and Non-Qualified Intermediary client population
Support year end information reporting production in Q1 of each year in order to contribute to the bank's requirement to fulfill timely and accurate production of Forms 1099 & 1042-S
Perform quality assurance reviews of year end income reclassification of dividend income paid by RIC and REIT issuers reported on Forms 1099 & 1042-S

Contributing Responsibilities

Identification and participation in process design workshops to achieve better controls, compliance and efficiency
Review of Tax Operations policies and procedures supporting various business lines, performance of gap analysis, and drafting of business remediation plans
Support of technology and system migration projects for workflow enhancements and support for new regulatory requirements
Contribution towards departmental obligations to adhere to strict regulatory and compliance requirements, per IRS and BNP Paribas policy

Technical & Behavioral Competencies

Candidate is measured on the following four performance drivers, which will dictate how individual impact is considered:
Results and Impact
Able to influence peers and team.
Demonstrates good judgement when making decisions of high complexity and impact.
Exercise appropriate autonomy in the execution and delivery of work.
Responsible for driving outcomes, which have meaningful effect on team or department.

Leadership And Collaboration

Creates trust with colleagues.
Acts in leadership capacity for projects, processes, or programs.
Closely work with the team in building the knowledge base within the team as a mentor.
Client, Customer and Stakeholder Focus:
Able to build relationships with a mix of colleagues and clients.
Interacts regularly with management and department leaders.
Demonstrates the ability to influence stakeholders at the team level.
Compliance Culture and Conduct:
Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
Perceived as a person of high moral character; upholds corporate values and displays high ethical standards

Specific Qualifications (if Required)

Minimum Required Qualifications:

Bachelor's degree in accounting, Finance, Business or similar5 years of experience relevant to US tax information reporting, Corporate Actions, withholding and management of US client tax documents
Exposure and comprehension of Internal Revenue Codes Chapter 3, Chapter 4, and Chapter 61
Experience and familiarity with global markets
Advanced Microsoft Excel and database management (Alteryx, Tableau, Business Objects or similar is an added advantage) experience and skills
Quick learner, taking detailed notes as references
Driven by client needs and satisfaction
Proactive, motivated and willing to comprehend new concepts
Highly attentive to detail
Control oriented mindset with respect to management of daily BAU
Strong team and leadership skills
Innovative and adept at assessing opportunities for process improvements and automation
Strong familiarity with respect to tax accounting rules and regulations
Strong communication (verbal and written) and organizational skills

Preferred Qualifications

Knowledge of Tax processing applications, such as the Broadridge BPS, Broadridge TMS (Tax Managed Services) and Broadridge TDS (Tax Data Solutions), BANCs, and Intermediary Processing System (IPS) or similar tax allocation, and reporting systems
Experience validating client tax forms (Forms W-8 series, Forms W-9) using third party vendor systems (i.e. MD3, TAINA), providing tax rate instructions, and updating back office static data and referential data systems
Proven track record of contributing to team-oriented tasks and strategies, with the ability to identify client driven enhancements
Solutions-oriented thinker who can generate creative ideas
Ability to perform multiple tasks and meet established deadlines in a fast-paced work environment
Effective analytical, organizational, and problem resolution skills
Candidates with FINRA licenses (Series 7, 63) are encouraged, although FINRA licenses are not required for employment

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork
Ability to deliver / Results driven
Communication skills - oral & written
Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process
Analytical Ability
Ability to understand, explain and support change
Ability to inspire others & generate people's commitment
Ability to develop others & improve their skills

Education Level

Bachelor's degree or equivalent
Experience Level: At least 7 years
Other/Specific Qualifications (if required)

Location: Bangalore, India

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union's leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group

BNP Paribas is the European Union's leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.