An established and widely known Wealth Management firm servicing Investment Management needs to High-Net-Worth Clients.
The Tax Manager will research and resolve Tax questions from the Wealth Management business, that relate to new tax regimes (UK, US, INTL) and advise on how client tax investments may be impacted.
The Tax Manager will take a proactive approach and will interact with various tax authorities as well as have a solid awareness of the Custodian process. The Tax Manager be responsible for Tax Compliance Reporting and Client Tax Reporting.
The Tax Manager will research and advise on Tax questions from the Wealth Management Team with regards to the impact of new tax regimes on client investments .
The Tax Manager will implement operational tax standards, executing operational tax activities, and aligning and coordinating the same across the region to ensure consistency.
The Tax Manager will advise the Wealth Management business on the application of the Qualified Intermediary ("QI") regime, including undertaking of QI health check and manage periodic review; and will work with the business to meet tax compliance and reporting obligations. (including but not limited to FATCA, CRS etc...)
The Tax Manager will identify and escalate emerging and upstream risk through the analysis of business changes and MI and will effectively report and translate issues to appropriate actions to remediate emerging and present risk.
The Tax Manager will review operational tax obligations, assess compliance and advise on the target operating model and will prepare and maintain governance, process and procedure documentation.
A Tax professional with broad tax experience gained either from an operational tax team of a large practice, or from a similar in-house role within a Financial Services firm.
Good working knowledge of QI requirements (including an understanding of IRS regs and related guidance), with focus on information reporting and withholding.
5-10 years experience in information reporting, with good report writing - in a financial services setting.
Good knowledge of MDR and CCO regimes and global withholding tax requirements.
Good understanding of operational tax principles and processes within financial services
Solid knowledge of Custodian process and how it works .
Proactive in driving improvement, and solving problems
Self - starter