PB – Account Opening (Tax Documentation) Specialist, Private Banking recruitment
The Private Bank at JPMorgan is a global wealth management leader that delivers personalized financial solutions that integrate investment management, capital markets, trust and banking to ultra high net worth and high net worth individuals and families in 36 countries around the world.
Our Hong Kong office is looking for a dynamic and service oriented professional to join our Private Bank Account Control Team (ACT), the team opens and manages J.P.Morgan Private Banking client accounts.
The focuses of the role are on documentation review and deliver first class onboarding service to our clients, major job responsibilities are:-
- Provide one-stop solutions of client on-boarding services to our business partners;
- Review and ensure all tax forms of different jurisdictions are properly executed by the clients;
- Review W-8BEN forms and applicable documentary evidence for completeness and accuracy;
- Monitoring reporting on address changes that may affect their foreign tax status;
- Reviewing tax code changes made by others as they apply to foreign accounts;
- Quality assurance review of W-8BEN forms on periodically basis;
- Processing of tax code updates and W8-BEN recertification
- Ensure the documentation requirements are strictly adhered to the respective regulatory bodies including but not limited to Hong Kong Monetary Authority and Monetary Authority of Singapore;
- Review and approve accounts for offshore clients with account opening restrictions to their respective jurisdictions;
- Provide advice on the corporate documents for complex accounts;
- Deliver client on boarding trainings to internal business partners
- Actively participate into global projects of Know Your Clients/Anti Money Laundering and Foreign Account Tax Compliance Act
Skills
- Degree holder or above, minimum 5 years solid client on boarding and legal documents experiences, ideally from Private Banking;
- Solid account opening experiences for multi-layer companies, hedge fund or private equity institutions of different jurisdiction;
- Knowledge of regulatory requirements on account opening and maintenance is a must with good awareness of standard bank controls and operations risks
- In depth knowledge in reviewing the US tax forms
- Has exposure in the local and global banking projects;
- Proficiency in MS office applications (Word, Excel, Access with be an advantage)
- Strong interpersonal, communication and written skills, excellent proficient with written Chinese (both traditional and simplified characters) and English is a must
- Meticulous who is detail oriented, an excellent problem solver with strong ability to multi-task
- Able to work independently and in a team environment, can perform under a fast-paced work environment and willing to overtime
December 7, 2011
• Tags: Account Opening (Tax Documentation) Specialist, Operations careers in the Hong Kong SAR, PB, Private Banking recruitment • Posted in: Financial