Custody Tax - Sr Tax Associate/AVP
Aumni
Job Description
An opportunity to join J.P. Morgan’s Custody Tax Product team and contribute to running the Global Custody Tax function end to end with the other members of the team.
As a Global Custody Tax Sr Product Associate within the Securities Services Tax Product team, you will contribute to the running and control of the Global Custody Tax function. You will work closely with the rest of the Tax Product team, Tax Operations, Fund Accounting, Corporate Tax and other Risk and Control functions, as well as Client teams, to ensure an excellent tax service is provided to Custody clients and to mitigate tax risks and optimise controls. This role provides an opportunity to work closely with various teams globally and directly impact the product and service offerings of the custody business. It offers the successful candidate an exciting learning opportunity to gain knowledge and experience across the whole range of Custody Tax services provided by J.P. Morgan and an in-depth understanding of the tax risk issues that may arise. As such, this role would provide an excellent base for progression within Custody Tax.
Job Responsibilities:
- Implementation of weekly Tax Product Risk Management procedures including
- Preparing Agenda for and drafting minutes of weekly tax risk management calls
- Maintaining tax risk management tracker and assisting in driving issues to a conclusion
- Drafting tax risk management reporting to senior management
- Ensuring tax risk management procedures are updated and refined as required
- Make suggestions for continual enhancement of Tax Product risk management procedures
- Supporting Custody Tax Product delivery to J.P. Morgan’s clients, across the range of funds serviced including European Tax Transparent Funds, Exchange Traded Funds and other fund types.
- Monitoring and management of implementation of tax changes across EMEA - with particular focus on Irish fund developments - as required, as part of the Tax Product delivery team, assessing the impact to product and service offering and client experience. Managing appropriate internal and external communications.
- Contribution to drafting of market flashes and associated policies, tax product materials, where relevant
- Collaboration with the Operations and Corporate Tax teams to assess the impact of Market & Regulatory developments on the Global Custody Tax product offering. Ensure that resultant solutions meet agreed requirements / standards.
- Defining and implementing new and / or enhanced tax product features and functions
- Supporting client requests that require a change to the custody tax service offering. Conducting business assessments, defining / creating solutions and managing their implementation.
Required Qualifications, Capabilities, and Skills:
- Ability to move process change, from the definition of initial requirements through to the delivery of the end solution.
- Tax experience working in a professional services firm, a financial services firm, and/or product management role.
- Basic understanding of Securities Withholding Tax and the service delivered by a Custodian.
- Demonstrated ability to think strategically.
- Proven expertise in developing, prioritising and delivering business solutions.
- Strong presentation skills and client facing experience.
- Ability to work independently in country and also effectively in a matrix organisation.
- Experience in managing and influencing key business partners and cross-functional stakeholders for the delivery of the services.
- Excellent communication, influencing and negotiation skills with the ability to establish and communicate the Global Custody Tax strategy.
- Strong organisational, planning & MS Office skills and a track record of delivery.
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.