Tax & banking regulatory expert on Russian & CIS markets for compliance

East-West United Bank S.A. is a Luxembourg-based bank with Russian capital offering customised services in Corporate, Private Banking and Wealth Management to corporate and private clients. Acting as a business partner dedicated to building and protecting clients interests and providing them with tailor-made financial solutions, the bank has been successfully operating for over 40 years. EWUB is a leading bank with comprehensive knowledge of Luxembourg, Russian and CIS countries legislation and business customs combined with an individual approach to each client. More information is available on our website: www.ewub.lu and on our Facebook page EWUB Luxembourg . Purpose of the position As Tax You will be mainly responsible for tax related matters regulatory watch and client risk assessment during the on-boarding or client review process; You will address the internal enquiries from Relationship Managers on regulatory issues such as currency controls, reporting of foreign accounts, and securities custody and dividends payments on foreign accounts, Russian corporate credit cards serviced by foreign bank, etc.; You will assist in preparing and reviewing the KYC files and in particular the WorldCheck, the negative background search and corroboration; you would also assist in the transaction reviews and the daily operational tasks where need be. Primary duties & Responsibilities Assessing and explaining to Compliance and Relationship Managers in simple and pragmatic terms the Tax Assessing the Tax & Banking Regulation implications of Private and Transactional Banking services and products to be offered to Russian clients (both individual or legal entities): - Prepare internal opinion on potential issues for clients of such Private and Transactional Banking services and products for Russian tax residents (both individual or legal entities); - Participate in designing products and client reports (e.g. account statements) specific for Russian tax residents taking into consideration the Russian Tax - Consult and contact other relevant external advisors for further analysis or more complex cases. Reviewing and adding client background information in KYC files for Russian and CIS clients: - Review and control of new account opening files with a Risk-Based Approach from Tax - Participate in Due Diligence review for existing clients; - - Perform or enrich WorldCheck, negative information and Market Intelligence for clients or prospects using OSINT and other public information research in Russian language; - Follow-up on identified deficiencies and pending points on new or existing KYC files; - Assist Compliance Officer in reviewing name screening and transaction monitoring alerts; Reviewing existing processes and documents in light of Russian Tax & Banking regulatory environment (CFC, intra-group financing schemes, foreign assets taxation and declaration, dividend rules, etc.): - Ensure proper implementation of applicable laws, regulations, rules and standards through dedicated policies, procedures and other documents; - Educate and training staff with respect to compliance with applicable laws, regulations, rules and standards and acting as contact point and advisor on queries from staff members. Position requirements: University degree and at least 10 years relevant Tax & Banking Regulation experience Experience in a Private Banking practice, either directly in a bank or servicing a bank is a must; Sound and comprehensive knowledge of Russian and Eastern European business community and financial news is a must; OSINT search capabilities and knowledge of the Russian business environment and main industry tax practices; Solid expertise and practical experience in Russian banking and financial legal and regulatory environment (CFC, intra-group financing schemes, foreign assets taxation and declaration, dividend rules, etc.); Knowledge in FATCA and CRS/Automated Exchange of Information is a plus; Strong analytical and logical problem-solving skills; Autonomous, you take ownership of work and follow-up; Self-starter, keen to learn and build expertise; Integrity and independence of judgement, capacity to investigate thoroughly. Good communication skills, both orally and in writing; Fluency in English and Russian is a must.