Information Reporting and Withholding (IRW) Tax Senior Analyst (Remote)

Responsible for end to end United States (U.S.) Tax Information Reporting Program.

Manages, reviews and validates U.S. tax forms W-8 & W-9 and Common Reporting Standards (CRS) self-certifications of the Organization for Economic Cooperation & Development (OECD). Conducts U.S. tax withholding review, reconciliation and interface with the Internal Revenue Service (IRS). Prioritizes daily work and promptly communicates with product teams as needed. Reviews transactions related to and assists with the production of 1099/1042-S for IRS and States, CRS reporting transactions, and Canadian tax reporting.

• Maintain an understanding of the systems and procedures of the IRW Tax area and participate in training within and outside the department to expand job-related knowledge and applies this knowledge to tax document validation, tax withholding and tax reporting work.
• Responsible for managing daily volumes and ensuring product and business requirements are met in timely fashion.
• May be assigned tax reporting and compliance responsibilities in addition to tax form validation and tax withholding work.
• May assist in department training for less experienced personnel.
• Possess and apply working knowledge of the Foreign Account Tax Compliance Act (FATCA) Chapter 3, Chapter 61 and section 3406 of Internal Revenue Code.
• Participate in client meetings when requested by product or business group to help articulate open tax questions related to tax form validation, tax withholding or tax reporting.
• Review, update and/ or create procedures related to IRW tax documentation, withholding and reporting.
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
• Complete other related duties as assigned.

This position is responsible for day-to-day direction of the department and requires a thorough knowledge of business and applicable IRS regulations.  The position works with uncertainty with discretionary solutions, possessing moderate risk to the organization.

Not Applicable.

Bachelor’s degree in Finance, Accounting, Business or Economics and a minimum of 3 years’ relevant experience with W-8/W-9, CRS self-certifications and U.S. withholding tax, or in lieu of a degree, a combined minimum of 7 years’ higher education and/ or relevant work experience, including a minimum of 3 years’ experience with W-8/W-9, CRS self-certifications and U.S. withholding tax. 

Proficient in the use of personal computers including word processing, spreadsheet, presentation and industry specific software including tax tools.

Excellent written and verbal communication skills.

Experience working with internal and external clients.