Michael Thomas
About Michael Thomas
Michael Thomas serves as the Global Head of Information Reporting Services at VISTRA, a position he has held since 2017. He previously worked at RBC Wealth Management in various roles, including Director of Fiduciary Asset Management and Head of FATCA Remediation.
Work at Vistra
Michael Thomas has served as the Global Head of Information Reporting Services at Vistra since 2017. In this role, he oversees the information reporting processes and ensures compliance with various regulatory requirements. His leadership focuses on enhancing operational efficiency and maintaining high standards in information reporting across the organization. He is based in St Helier, Jersey, in the Channel Islands.
Previous Experience at RBC Wealth Management
Before joining Vistra, Michael Thomas held several positions at RBC Wealth Management. He worked as the Director of Fiduciary Asset Management from 2009 to 2013, where he was responsible for managing fiduciary services. He then transitioned to the role of Head of FATCA Remediation from 2013 to 2017, leading efforts to ensure compliance with FATCA regulations. Additionally, he served as Head of AEOI & BCP (control & reporting) from 2015 to 2017, focusing on automatic exchange of information and business continuity planning.
Education and Expertise
Michael Thomas studied at De La Salle College in Jersey from 1982 to 1994, completing a 12-year education. He then attended the University of Plymouth from 1994 to 1997, where he earned a Bachelor of Science (BSc) degree in Economics with Business. His educational background provides a strong foundation for his expertise in financial services and regulatory compliance.
Career Transition and Development
Michael Thomas transitioned from a relationship management role to an operations role to broaden his career experience. This strategic move allowed him to gain insights into various operational aspects of the financial services industry, enhancing his ability to lead complex projects and initiatives.
FATCA Remediation Project Leadership
In his current role at Vistra, Michael leads a FATCA Remediation project that focuses on client remediation for the Wealth Management sectors across the British Isles and Caribbean region. This project aims to ensure compliance with FATCA regulations and improve client service within the wealth management industry.