At a Glance
- Tasks: Lead non-US tax analysis and advise on global investment strategies.
- Company: Join Brevan Howard, a top hedge fund manager with a global presence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to mentor junior team members and grow your career.
- Why this job: Make an impact in the fast-paced world of finance and tax management.
- Qualifications: 6+ years of tax experience and strong knowledge of international tax principles.
The predicted salary is between 75600 - 92400 £ per year.
The Firm: Brevan Howard Investment Management is one of the leading absolute return/hedge fund managers, overseeing assets on behalf of institutional investors from around the world, including pension funds, endowments, insurance companies, government agencies, private banks, and fund of funds. Brevan Howard was founded in 2002 and launched its flagship global macro strategy in April 2003. The firm currently manages over $35bn and engages predominantly in discretionary directional and relative value trading in fixed income, FX markets, and equities. BH Digital, a division within Brevan Howard that manages crypto and digital asset strategies was launched in 2022. The firm currently employs over 1,050 personnel worldwide, including over 400 investment professionals. This global presence gives Brevan Howard the ability to identify and source attractive investment opportunities, as well as investment management talent wherever they may be. Brevan Howard has won several industry awards for excellence in risk management, operational robustness, and investment performance. The firm’s main hubs are in London, Jersey, Geneva, New York, Austin, Hong Kong, Singapore, Abu Dhabi and Bengaluru.
DEPARTMENTAL OVERVIEW: The Tax team is responsible for overseeing all aspects of the firm's tax affairs, including tax compliance, reporting, planning, and advisory work across the fund structures and investment activities. The successful candidate will assist with a variety of projects relating to both the global corporate group and the external funds managed by Brevan Howard, including BH Digital. Given the global nature of the business, the team works closely with colleagues and advisors spread across various jurisdictions. The individual will join this team, working alongside experienced tax professionals to help manage and develop the firm's tax function on a global scale.
Essential Responsibilities:
- Advise on non-US tax matters affecting the Brevan Howard group’s managed funds and management entities. The role reports to the Global Head of Tax and works closely with tax colleagues in the UK, the US and the UAE.
- Lead the non-US tax analysis of fund investment transactions, with a particular focus on credit, digital asset and venture investments, including:
- a) Assessing potential withholding taxes, non-resident capital gains taxes, corporate taxes and related local registration and filing obligations;
- b) Advising on appropriate holding structures;
- c) Reviewing tax provisions in transaction documents, including tax representations, gross-up provisions, withholding provisions and indemnities;
- d) Working directly with investment teams and external advisers to provide clear, practical conclusions in a timely manner.
- Advise on new business initiatives, including new investment strategies and fund launches. Provide tax advice on the establishment of new operating entities, covering both direct and indirect tax matters.
- Support on fund and investor-related tax matters by working closely with internal teams and external service providers.
- As part of the wider tax team, provide advice in respect of tax matters impacting Brevan Howard management entities and their employees.
- Monitor relevant non-US tax legislative and regulatory developments. Assess their implications for the managed funds and management entities and advise senior stakeholders accordingly.
- Support the development of junior members of the tax team.
WORK EXPERIENCE/ BACKGROUND
Essential:
- 6+ years of relevant tax experience gained in a Big 4 firm, a law firm or in-house within asset management or financial services.
- Proven experience advising on cross-border investment tax issues affecting funds, including withholding tax, treaty access and permanent establishment analysis.
- Experience of the tax aspects of credit, digital asset or venture investments.
- Experience of the tax issues that impact multinational asset management businesses and their managed funds.
- Experience of working to transaction timetables alongside investment teams and external advisers.
Desirable:
- In-house asset management / hedge fund experience.
- Experience of supervising or developing junior tax professionals.
TECHNICAL/BUSINESS SKILLS & KNOWLEDGE
Essential:
- Professional accounting or tax qualification, or a qualified lawyer.
- Strong technical knowledge of corporate and partnership tax and of international tax principles, including double tax treaties, withholding taxes and permanent establishment risk.
- Ability to reach and communicate practical conclusions on complex, technical issues, concisely and to deadline, to non-tax stakeholders.
Desirable:
- Working knowledge of the tax treatment of digital assets and tokenised instruments.
- Sufficient knowledge of US tax principles to work effectively with US tax colleagues.
Summary Location: London Type: Full time
Senior Tax Manager in London employer: Brevan Howard
Brevan Howard is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration among its talented team. With a strong focus on employee growth, you will have access to continuous learning opportunities and the chance to work on cutting-edge technologies in a global financial environment. The company's commitment to excellence and security ensures that you will be part of a forward-thinking organisation that values your contributions and supports your professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Tax Manager in London
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as Brevan Howard, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Senior Tax Manager in London
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch Brevan Howard's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at Brevan Howard. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at Brevan Howard!
How to prepare for a job interview at Brevan Howard
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for Brevan Howard.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within Brevan Howard. It helps to show our commitment!
