01Overview
Position Overview
The Senior Associate Global Custody Tax leads the daytoday operations of the Global Custody Tax team for BNP Paribas India Solutions. You will act as the primary subjectmatter expert, mentor junior staff, allocate workload, perform checker reviews, and ensure that all taxrelated activities (document collection, DTA analysis, withholdingtax application, taxreclaim processing and client reporting) are delivered accurately, on time and in line with servicelevel agreements and KPIs.
Job Responsibilities
Serve as the goto reference for taxteam members; train, guide and mentor junior staff.Allocate daily work, set priorities and oversee complex or highvalue items.Perform checker reviews on all manual taxrelated activities before final release.Process BusinessAsUsual (BAU) transactions strictly according to SOPs.Collect, verify and analyse client tax documentation (residency certificates, DTA proofs, etc.).Update the tax database to reflect the correct fiscal treatment based on DTAs, client residency and subcustodian procedures.Manage reliefatsource documentation and ensure correct withholdingtax application.Prepare, submit and monitor taxreclaim forms via the taxreclaim system.Track reclaim status, follow up with tax authorities/subcustodians and collect refunds.Remit reclaimed amounts to the appropriate client accounts.Provide clients with market updates, taxmatrix insights and any certifications/disclosures requested by tax authorities or subcustodians.Escalate incidents or operational risks promptly to the Team Leader.Perform daily controls using checklists; verify that priorities are met and tasks are executed accurately.Investigate and justify cashbreak issues in partnership with Control Teams.Continuously improve documented procedures; ensure they are complete, current and accurate.Prepare and circulate monthly KPI reports as required.Participate in Business Continuity Planning (BCP) activities and support contingency procedures.Work any shift required to support Asian, American or European business hours.Contribute ideas in brainstorming sessions; share best practices with peers and support change initiatives.
Required Education, Skills and Experience (Musthave)
Masters degree (or equivalent) in Finance, Economics, Law, Business Administration or a related discipline.Professional tax qualification e.g., CA (Inter) with completed article ship, or an equivalent certification.Minimum 2 years of experience in international taxation, tax reclaim, or custodial tax operations (including a completed taxation articling).Strong knowledge of tax laws, withholding taxes and Double Tax Treaty Agreements (DTAs).Understanding of custody operations, reliefatsource and taxreclaim processes.Proven ability to analyses complex tax documentation with high attention to detail.Excellent oral and written communication skills.Demonstrated ability to collaborate effectively within a multidisciplinary team.Resultsdriven mindset; consistently meets or exceeds defined KPIs.Rigor, precision and strong organizational skills; capable of handling multiple priorities simultaneously.Advanced proficiency in MS Word and Excel (formulas, pivot tables, conditional formatting, etc.).
Preferred Education, Skills and Experience (Nicetohave)
Additional certifications such as CFA, ACCA, CPA or specialized taxtechnology credentials.Handson experience with taxreclaim platforms (e.g., Tax Reclaim, Bloomberg Tax, or other inhouse solutions).Familiarity with taxdatabase management tools and basic SQL query skills.Experience contributing to SOP design or continuousimprovement initiatives (Lean, Six Sigma, etc.).Knowledge of global regulatory frameworks affecting custody (e.g., FATCA, CRS, EMIR).Fluency in an additional European or Asian language (e.g., French, German, Mandarin).Prior experience working rotational shifts covering multiple time zones.Ability to prepare and deliver concise clientfacing presentations or market updates.
BNP Paribas India Solutions A whollyowned subsidiary of BNP Paribas SA, created in 2005. With delivery centres in Bengaluru, Chennai and Mumbai, the 24 7 global delivery hub serves Corporate & Institutional Banking, Investment Solutions and Retail Banking across the Group. Over 10 000 employees collaborate to design and deliver bestinclass solutions for our clients.
Commitment to Diversity & Inclusion
We foster a workplace where every employee is respected, valued and free to bring their authentic self to work. Discrimination or harassment of any kind is prohibited. Our policies guarantee equal employment opportunity irrespective of gender, gender identity, sexual orientation, ethnicity, race, colour, national origin, age, religion, disability, veteran status or any other protected characteristic.
BNP Paribas is committed to diversity and inclusion. We provide an equalopportunity workplace where every employee is respected, valued .