Senior Tax Analyst

As a Senior Tax Analyst at BNY, your responsibilities will include overseeing the AIS FATCA Tax Operations, developing and implementing policies for compliance with FATCA and CRS requirements, engaging in new business RFPs with senior partners, and providing control oversight and governance reporting. You'll also analyze business functions to identify areas for process improvement and reduce risks while keeping the client experience front and center.

To qualify for the Senior Tax Analyst position at BNY, candidates should possess a Bachelor’s degree in a business discipline or an equivalent combination of education and experience. A minimum of 7-10 years of total work experience is required, along with 2-3 years of management experience. Knowledge of FATCA and CRS taxation, alongside a collaborative mindset, will further enhance your application.

At BNY, we are committed to your professional growth. As a Senior Tax Analyst, you’ll have access to continuous learning opportunities, industry-leading practices, and collaborative projects that foster innovation. Our recognition as America’s Most Innovative Companies underscores our dedication to creating a workplace where you can thrive and build your career.

The work culture at BNY for a Senior Tax Analyst is all about empowerment, inclusivity, and innovation. With a strong emphasis on collaboration across various teams and regions, BNY creates a dynamic environment that encourages you to bring your unique ideas to the table. We celebrate diversity and are proud of our achievements in corporate equality and sustainability.

As a Senior Tax Analyst at BNY, you can expect a hybrid work schedule, with a minimum of 3-4 days in the office in Pittsburgh, Pennsylvania. This flexible arrangement promotes work-life balance, allowing you to manage your professional and personal commitments efficiently.

When answering this question, be sure to highlight specific instances where you have successfully navigated FATCA or CRS compliance. Discuss your understanding of regulatory requirements, your role in developing compliance strategies, and any improvements you implemented that enhanced regulatory adherence.

To effectively collaborate in a matrixed organization, I prioritize clear communication and building strong relationships with stakeholders across departments. Sharing regular updates and soliciting feedback helps in aligning our objectives and ensures that everyone remains on the same page.

My approach to process improvement starts with thorough analysis. I gather data, identify bottlenecks, and involve team members in brainstorming sessions for solutions. Implementing pilot tests helps in fine-tuning those strategies before a full-scale rollout.

In my previous role, I noted a recurring inefficiency in our reporting process. After conducting a comprehensive analysis, I proposed an automated solution that reduced reporting time by 30%. Discuss how your rationale was received and the impact it had.

While conducting analytical analysis, I consider key performance indicators, operational efficiency, and user feedback. It's essential to not only look at the numbers but also to understand the context behind them to make informed recommendations.

Risk reduction has always been paramount in my previous roles. I've implemented a systematic approach that involved regular audits, streamlined processes, and constant team training to ensure compliance and minimize potential risks.

I actively follow tax regulation updates through professional networks, industry publications, and continuing education courses. Engaging with peers and attending seminars also helps in gaining fresh perspectives on compliance challenges.

In a past project, I presented a comprehensive analysis to senior business partners that highlighted potential cost savings through tax optimizations. The positive feedback received led to the approval of new initiatives and a stronger partnership going forward.

I believe that enhancing client experience in tax operations starts with understanding their needs and expectations. Implementing feedback loops and providing exceptional service is vital for building trust and long-term relationships.

Handling tight deadlines involves excellent time management and prioritization. I break tasks down into manageable parts and maintain open communication with my team to ensure we stay on track and meet our deadlines while maintaining quality.