Operations Officer - US Tax Office (M / F) - Fixed-term contract (12 months)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.

As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

Your next challenge :

The person will support the Tax Services Team in its yearly exercise of QI Tax monitoring and reporting. In this role, you will be responsible for managing US tax compliance for our clients, ensuring adherence to all relevant regulations, including the requirements of the Qualified Intermediary program.

• US documentation : management of documents related to tax status of our customers (W8, self-certification) and yearly renewal exercise
• Withholding of US source tax
• Deposit of tax withheld to the IRS
• Reconciliation with upstream depositories
• Perform daily and monthly controls based on QI monitoring plan to comply with QI sub-certification requirements
• Store evidence of controls performed
• Reclassification of US dividends on REITS
• Preparation of the yearly QI reporting to the IRS
• Report / analyze / share in meetings all kinds of inconsistencies with key stakeholders
• Collaborate with internal teams to ensure quality client service.
• The candidate will also support the team in other daily activities (answer internal email requests related to US tax etc).

Your skills :

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.

BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB : The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.