Principal, Tax Product Management

BNY Mellon
Dublin, Ireland
19 May 2022
28 May 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Project & Programme Management, Tax product Management

What we do:

The Global Tax Product team focuses on Tax Research, Tax Strategy, Development & Enhancement of Tax Services, Tax Risk Management, Market Presence, Client Facing Tax Support and Leveraging Tax Expertise across BNY Mellon's Investment Services globally.

Role overview
  • This position will report to the EMEA Head of Fund Services Tax.
  • The candidate will provide leadership and expertise in a number of areas including:
    • Taxation for funds in multiple jurisdictions including the UK
    • Cross border investor tax reporting
    • Dedicated Tax Support for key clients
    • Tax Transparent funds(TTF's)
    • Investor tax reporting
    • FATCA/CRS and transfer agency related tax services
    • Capital gains taxation
  • The candidate will be involved in the tax strategy, product management, change management to ensure BNY Mellon is proactively anticipating and dealing with tax changes impacting clients
  • The candidate will work closely with other members of the Global Tax Product Team and colleagues in the broader organisation, including Corporate Tax, Tax Operations, Fund Accounting, Custody and Transfer Agency.

The successful candidate will:
  • Provide dedicated tax contact / support for certain key clients.
  • Assist with business development activities including presenting to prospective clients for various tax related services
  • Review and analyse tax services to ensure BNYM complies with relevant local tax requirements.
  • Work closely with the Tax Operations functions to fully communicate any changes which impact the day-to-day servicing of clients from a tax perspective. Coordinate with Corporate Tax as and when appropriate.
  • Preparation of analysis to support discussions/meetings with tax authorities/governments as necessary to advocate workable solutions to tax relief models.
  • Respond to tax technical queries, supporting Tax Operations functions and clients and work with client relationship manager.
  • Deliver ad-hoc training where necessary.
  • Close collaboration/communication with BNY Mellon's sub-custodian network and Global Network Management team.
  • Contribute and work with Tax Policy and any Tax Steering groups as and when required.
  • Participate in meetings with clients to review tax changes and where necessary work closely with the clients dedicated tax service provider/tax advisor.
  • Create customised client tax matrix reports on an ad-hoc basis.
  • Participate in relevant tax industry working groups meetings as necessary.
  • Speak at internal and external events in front of large audiences, when required.

Experience & Qualifications:
  • Extensive tax experience (at least ten years) in the Investment Services or Asset Management business within Professional Services.
  • Experience of a broad array of taxes in fund services taxation(transfer agency services and fund accounting tax services).
  • Good understanding of withholding tax includes understanding CGT, Withholding Tax practices on securities (domestic and foreign capital gains taxes and withholding taxes, tax treaties, financial transaction/securities taxation, taxation of investment funds).
  • Experience with tax transparent funds and advantage.
  • Strong analytical skills.
  • Ability to work and communicate with all levels of staff.
  • Ability to work both independently and as part of a team.
  • Strong oral and written communication skills.
  • Team player and adaptability to work with several teams at any one time.
  • Proficient at public speaking.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

Similar jobs

Similar jobs

  • You need to sign in to save