Senior Manager, IRS Tax Reporting; GWO Jobs in Toronto, Canada at Scotiabank
Position: Senior Manager, IRS Tax Reporting (GWO)
Is this role right for you?
In this role, you will:
U.S. Tax Reporting & Regulatory Compliance
Lead annual and periodic U.S. tax reporting obligations, including Forms 1042-S, 1042, 1099, 945, FATCA reporting, Chapters 3 and 4 withholding, Section 1446 reporting, QI reporting, and U.S. REIT/RIC and LPU reporting
Ensure accurate withholding, remittance, reconciliation, certification, and reporting of U.S.
-source income across applicable business lines and legal entities
Oversee tax reporting calendars, production schedules, filing deadlines, control checkpoints, and management attestations
Monitor regulatory developments impacting QI, FATCA, withholding tax, and IRS reporting requirements, and lead implementation of required changes
Governance, Controls & Risk Management
Maintain governance frameworks, policies, procedures, control documentation, and recordkeeping requirements supporting U.S. tax reporting programs
Oversee reconciliations, withholding validations, remittance controls, exception management, and supporting control activities
Lead audit, regulatory, and QI review activities, including issue management, remediation, and stakeholder engagement
Act as the primary escalation point for complex tax reporting, withholding, documentation, and regulatory matters
Tax Operations & Transformation
Lead end-to-end annual tax campaign execution, including production readiness, vendor coordination, testing, issue resolution, and form issuance
Drive process improvements through automation, standardization, data governance, and operational efficiency initiatives
Partner with Technology and Operations teams to deliver system enhancements, regulatory changes, and transformation initiatives
Support modernization efforts focused on reporting efficiency, data quality, and control effectiveness
Leadership & Stakeholder Management
Partner with Tax Advisory, Compliance, Legal, Wealth Management, Capital Markets, Treasury, Operations, and external vendors to deliver regulatory and business initiatives
Provide executive reporting, risk updates, and decision-support materials to senior leadership
Lead, coach, and develop managers and tax reporting professionals
Promote a culture of accountability, continuous improvement, operational excellence, and strong risk management
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
Prior experience in tax reporting, withholding, tax operations, regulatory reporting, or related financial services functions
Deep knowledge of IRS Qualified Intermediary (QI) requirements, FATCA, Chapters 3 and 4 regulations, Section 1446, and Forms 1042, 1042-S, 1099, and 945
Experience leading tax reporting or tax operations functions within banking, brokerage, custody, wealth management, capital markets, or similar financial services environments
Experience managing audits, regulatory examinations, QI reviews, governance processes, reconciliations, remittances, and control frameworks
Strong understanding of operational risk, controls, and regulatory compliance requirements
Demonstrated experience leading regulatory, operational, or technology-driven change initiatives
Strong stakeholder management and executive communication skills
Experience leading teams and developing talent in complex operational environments
Professional designation such as CPA, CA, CGA, CMA, Master of Taxation, In-Depth Tax Program, PMP, or equivalent is preferred
Experience with Broadridge platforms and systems including TFP, TXSY, CDS, DTCC, BFS, and AS400 is an asset
Experience supporting securities lending, custody, wealth management, capital markets, or other investment servicing businesses is an asset.
What’s in it for you?
A rewarding career path with diverse opportunities for professional development
An organization committed to making a difference in our communities – for you and our customers.
A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
Diversity, Equity, Inclusion & Allyship
– We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
Accessibility and Workplace Accommodations
– We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
Title: Senior Manager, IRS Tax Reporting; GWO
Company: Scotiabank
Location: Toronto, Canada
Category:
