At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive.   We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One. 

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other. 

What you will do: 

The role holder will be primarily responsible for the report ownership of U.S. Bank Europe DACs compliance with the EU’s Central Electronic System of Payment Information (CESOP) tax reporting directive.  The role holder will be responsible for managing the external reporting support advisor and coordinating with other departments and stakeholders to gather necessary data and execute against the quarterly reporting requirements. 

Responsibilities include:

 Understand, review and challenge the information being subject to CESOP reporting obligations. 

Actioning reporting change triggers (e.g. Regulatory developments).

Monitoring and identifying internal & external (excluding Regulatory Developments) triggers of regulatory reporting change.

Performing impact assessment and implementing new or amended reporting obligations.

Overseeing quarterly preparation and reporting activities performed by the data management team, operations or external support advisors.

Signing-off on the reporting output, that it meets the design and regulatory reporting obligation.

Processing the sign-off through any regulatory required or internally mandated governance.

Performing report owner attestation confirming that the control environment is robust, report submissions are timely and accurate, and lessons learnt and mitigating actions have been shared.

Issue management and resolution, coordinating rejection and resubmission process, engaging operations or technology teams as necessary

Communicate key findings and/or insights from the reported data to the Head of Tax.

Assist in audit processes related to the reported data, providing necessary information and answering queries as required by the Risk Manager and Risk Owner.

Liaise with regulators on new or existing reports.

In addition to managing the CESOP reporting submissions for USBE, the role holder may also be expected to support audits, other regulatory reporting processes and/or other business management activities for the Regulatory Reporting team in Europe.

Day-to-day activities will vary given the current priorities of the business and as a result will require an element of flexibility according to current business needs. 

Creativity, analytical precision, adaptability and comfort with ambiguity, are essential traits as your work will be used to enable leadership to make key management decisions.

Requirements

You should apply if you have the following knowledge & Experience / Qualifications:

Knowledge:

Knowledge of the changing regulatory environment especially in the payments / financial services sector (CESOP, PSD2, PSD3, etc.)

Understanding principles of risk management framework and controls

Proficiency in Excel and PPT preferable

Experience:

5-10 years in financial services

Analysis and/or execution of operational processes, procedures and controls

Business Management experience

Ideally some risk management/governance experience (preferably some tax or regulatory reporting experience/exposure but not a pre-requirement)

Skills:

Strong written and verbal proficiency in English

Stakeholder management

Willingness to take responsibility

Ability to work independently as well as a taeam member

Ability to work under time and stress pressure

Ability to adapt to changing business environments

Ability to work within an international environment

Analytical abilities, capacity of drawing quick conclusions

High degree of accuracy at work 

 Italian, Polish or other European language skills is a plus

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.