Senior Project Manager-U.S. Tax Regulation

CONTRACTOR - Senior Project Manager-U.S. Tax Regulation

Client: Investment Bank

Location: Hybrid-4 days onsite in New York, NY

Contract Duration: 9 months

RESPONSIBILITIES

• Lead end-to-end delivery of regulatory and strategic initiatives impacting US tax operational processes


• Manage full project lifecycle, including planning, execution, and delivery


• Coordinate across IT, Operations, Compliance, and US Corporate Tax/Finance teams


• Conduct impact assessments and translate regulatory requirements into functional specifications


• Ensure alignment with enterprise architecture and data strategies


• Define and monitor delivery milestones, risks, and dependencies


• Lead change management activities including communication, training, and adoption

Operating Model Review & Transformation

• Assess the current US withholding tax operating model
  
  
  
  • Map end-to-end processes, roles, rules, and actual practices
  
  
  • Identify reliance on manual processes and existing controls
  
  
  
  


• Identify gaps, risks, and pain points
  
  
  
  • Diagnose operational and control risks, key dependencies, and single points of failure
  
  
  • Assess alignment with US tax regulations and internal control standards
  
  
  • Highlight issues across closing, trading support, tax operations, and finance
  
  
  
  


• Review process ownership and sustainability
  
  
  
  • Evaluate ownership, handoffs, and timing of tax determination across teams
  
  
  • Assess scalability and long-term viability
  
  
  
  


• Evaluate controls, KPIs, and governance
  
  
  
  • Review control design and execution
  
  
  • Assess oversight, escalation, and decision-making frameworks
  
  
  
  


• Develop operating model recommendations
  
  
  
  • Define target state options across ownership, automation, and controls
  
  
  • Present risks, trade-offs, and implementation considerations
  
  
  • Differentiate short-term fixes vs. structural improvements
  
  
  
  


• Produce decision-ready deliverables
  
  
  
  • Current state maps, gap and risk analysis, target operating models
  
  
  • Executive summaries for senior management
  
  
  
  

Mandatory

• Experience in Financial Services (CIB / Banking environment)


• Strong Project Management and Change Management expertise


• Proven experience delivering regulatory or transformation programs


• Solid understanding of US tax frameworks:
  
  
  
  • IRC Chapter 3 (NRA withholding)
  
  
  • IRC Chapter 4 (FATCA)
  
  
  • Treaty rate determination
  
  
  • 1042 / 1042-S and 1099 reporting processes
  
  
  
  


• Hands-on experience with US withholding tax operations


• Ability to translate regulatory requirements into operational and system solutions


• Strong analytical and problem-solving skills


• Excellent stakeholder management and communication skills


• Experience with complex systems, data flows, and operational processes


• Leadership experience in cross-functional environments


• Experience reviewing or transforming end-to-end tax operating models


• Strong consulting and diagnostic capabilities:
  
  
  
  • Conduct structured operational reviews
  
  
  • Perform stakeholder interviews and facilitate workshops
  
  
  • Present findings to senior management
  
  
  
  

Nice to have

• Background in banking, loan agency, custody, or structured finance operations


• Prior consulting or advisory experience in tax operations, operational risk, or regulatory change


• Experience with loan servicing systems (e.g., Loan IQ)


• Strong strategic and analytical thinking


• Adaptability and problem-solving mindset


• Strong collaboration and communication skills


• Change management expertise as an enabler of transformation