At a Glance
- Tasks: Manage and enhance custody tax services for global clients, ensuring compliance with tax regulations.
- Company: Join J.P. Morgan, a leading global financial services firm known for innovation and excellence.
- Benefits: Enjoy competitive pay, remote work options, and access to corporate perks like wellness programmes.
- Why this job: Be at the forefront of tax solutions, impacting global investments while collaborating with top professionals.
- Qualifications: 5+ years in financial services with strong tax knowledge and excellent communication skills required.
- Other info: Opportunity to engage with clients and influence tax product development across EMEA markets.
The predicted salary is between 72000 - 108000 £ per year.
The Custody Tax Product management role forms part of the product management function focusing on the management and control of the Global Custody business.
Job summary
As a Vice President in Custody Tax Product team, you will be responsible for the end-to-end management of the custody tax service offering. You will leverage your tax technical knowledge and experience by translating tax law into business requirements and by setting, maintaining, and owning tax service definitions for the custody business in the EMEA region, providing subject matter expertise and guidance to business partners in relation to the custody tax product, and engaging in industry representative efforts related to new or amending tax legislation and associated administrative procedures. As a self-starter with a passion for identifying and implementing solutions to problems, you will partner with J.P. Morgan’s clients and internal stakeholders to develop solutions to enable clients to manage tax aspects of their global portfolio investments, to assess the impact of regulatory developments on the custody tax service offering, to implement appropriate business solutions, and to provide implementation oversight for new and/or enhanced product features and functions. You will act as the face of the Tax Product with clients by supporting client meetings .
In this role, you will also be engaged in governance and quality assurance of custody tax solutions and operating models, as well as assessing opportunities and threats of external and internal changes from a tax perspective.
Job responsibilities
- Monitoring and communication of tax changes and their implications across markets, to J.P. Morgan’s operations, custody business locations, and their respective clients
- Drafting and maintaining relevant internal and external materials reflecting J.P. Morgan’s tax service offering as well as the current state of local law, treaty, including entity level taxation of various types of investors
- Managing tax information in J.P. Morgan’s Tax Intelligence platform
- Working with local sub-custodians to oversee the tax service in the local markets
- Drafting of market flashes and associated policies, and tax product materials
- Assisting the business in managing and mitigating tax risk
- Partnering with J.P. Morgan Corporate Tax, Legal and Product teams to develop new tax products and create business proposals for clients and prospects
Required qualifications, capabilities, and skills
- You demonstrate tax technical knowledge / experience working with tax laws of various jurisdictions with a focus on EMEA markets
- You have a knowledge of securities taxation principles and tax considerations impacting institutional portfolio investors and custodians
- You have aknowledge of tax considerations impacting institutional portfolio investors and custodians
- You demonstrate excellent written and verbal communication skills with the ability to provide tax regulatory and product updates for internal stakeholders and external clients
- You have strong analytical ability with attention to detail
- You are capable of managing multiple competing priorities and stakeholders
- You have at least 5+ years’ experience working in a professional services firm or financial services firm
Preferred qualifications, capabilities, and skills
- You have strong presentation skills and previous client facing experience
- You have ability to collaborate with cross-functional teams in multiple locations
#J-18808-Ljbffr
Contact Detail:
JPMorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Securities Services - Global Custody Tax Product Manager - Vice President
✨Tip Number 1
Network with professionals in the securities services and custody tax sectors. Attend industry conferences or webinars to meet potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the latest tax regulations and changes affecting the EMEA region. Being well-versed in current legislation will not only enhance your knowledge but also demonstrate your commitment to staying updated in this dynamic field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed tax-related projects or initiatives in previous roles. Highlighting your problem-solving skills and ability to implement solutions will set you apart during interviews.
✨Tip Number 4
Showcase your client-facing experience by preparing anecdotes that illustrate your ability to communicate complex tax concepts clearly. This will be crucial as you'll be acting as the face of the Tax Product with clients.
We think you need these skills to ace Securities Services - Global Custody Tax Product Manager - Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your tax technical knowledge and experience, especially in relation to EMEA markets. Emphasise your understanding of securities taxation principles and any relevant client-facing experience.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your passion for the role and how your skills align with the responsibilities outlined in the job description. Mention specific examples of how you've managed tax service offerings or collaborated with cross-functional teams.
Showcase Communication Skills: Since excellent written and verbal communication skills are crucial for this role, ensure that your application materials are clear, concise, and free of errors. Consider including examples of how you've effectively communicated tax regulatory updates to stakeholders.
Highlight Analytical Abilities: Provide examples in your application that showcase your strong analytical skills and attention to detail. This could include instances where you've assessed regulatory developments or managed competing priorities successfully.
How to prepare for a job interview at JPMorgan Chase & Co.
✨Showcase Your Tax Knowledge
Make sure to highlight your understanding of tax laws, especially those relevant to the EMEA region. Be prepared to discuss how you've applied this knowledge in previous roles and how it can benefit the custody tax service offering.
✨Demonstrate Problem-Solving Skills
As a self-starter, you should be ready to share examples of how you've identified and implemented solutions to complex problems. Think of specific instances where your analytical skills made a significant impact on your team or clients.
✨Prepare for Client Interaction Scenarios
Since you'll be acting as the face of the Tax Product with clients, practice how you would handle client meetings. Prepare to discuss how you would communicate tax regulatory updates and address client concerns effectively.
✨Understand the Role of Collaboration
Be ready to talk about your experience working with cross-functional teams. Highlight any successful collaborations you've had with legal, corporate tax, or product teams, and how these experiences have shaped your approach to managing tax products.