At a Glance
- Tasks: Oversee tax treaty work and collaborate on investment tax projects.
- Company: Join Lloyds Banking Group, a leader in financial services.
- Benefits: Generous pension, performance bonuses, flexible working, and 28 days holiday.
- Other info: Inclusive workplace with opportunities for all backgrounds and experiences.
- Why this job: Make a real impact in investment tax while growing your career.
- Qualifications: Specialist knowledge in investment taxes and strong relationship management skills.
JOB TITLE
Investment Taxes Assistant Manager – Group Tax (12 Month FTC)
SALARY
£48,987 - £54,430
LOCATION(S)
Edinburgh, Bristol, Halifax & Leeds
HOURS
Full‑time
WORKING PATTERN
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this opportunity
At Lloyds Banking Group we’re driven by a clear purpose: to help Britain prosper. Our colleagues are passionate about making a difference to customers, businesses and communities. Finance is key to that success, by securing and building the financial strength and performance of the Bank. But we need dedicated people like you if we’re to continue to innovate and adapt to the ongoing needs of our customers. Join us and you can make a real difference.
What you’ll be doing:
- Help oversee double taxation treaty work completed by Custodians.
- Complete and supply tax treaty documentation and supplementary information to external parties.
- Ensure tax work by external Custodians and Fund Administrators is completed per terms of Service Level Agreements, providing feedback on the service received.
- Collaborate with external advisors to file withholding tax recovery claims, where countries / rates aren't supported by Custodians, to increase the OEICS return on investments.
- Work with LBG tax colleagues on projects and initiatives including OEIC closures and adopting automated solutions to increase efficiency and enhance risk management.
- Keep abreast of foreign market tax developments and provide input on Audit enquiries.
What we’re looking for:
- Specialist Investments Tax knowledge including overseas tax and withholding tax rules for Open Ended Investment Companies (OEICs) and other collective investments.
- Proven track record of working in the tax function of a large corporate group or professional accounting organisation, preferably in the Financial Services sector.
- Experience of providing oversight of outsourced withholding tax and OEIC tax compliance processes including the appointment of overseas tax agents.
- Experience of attaining global double taxation treaty rates, via relief at source, reclaims and completion of associated tax documentation.
- Understanding of withholding tax accounting policies.
- A tax or accounting qualification is preferable.
- A natural when it comes to relationship management skills, with a proven ability to analyse, challenge and influence.
- As an Advisory role, experience in managing different partner relationships.
- Strong communication skills and ability to work with a range of partners.
- Ability to see the bigger picture and think commercially.
Benefits
- A generous pension contribution of up to 15%
- An annual performance‑related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
We’ll join an experienced Operational Taxes team that advises the Group on all Operational Taxes matters including Pensions tax reporting and all customer tax reporting including Bank & Building Society Interest (BBSI), Other Interest (OI), ISAs, Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS) etc. For this role, it’s the Investment Tax experience that is key. This is a great opportunity to use your knowledge to contribute to our investment funds and grow your experience to help you shape an exciting career!
We know that great talent comes from many backgrounds. While this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme.
Investment Taxes Assistant Manager – Group Tax (12 Month FTC) in Halifax employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that fosters collaboration and innovation. With the flexibility of remote working and opportunities for career advancement within the Economic Crime Prevention function, employees can thrive in a supportive environment while contributing to meaningful compliance efforts. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Taxes Assistant Manager – Group Tax (12 Month FTC) in Halifax
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like LLOYDS BANKING GROUP, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like LLOYDS BANKING GROUP.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like LLOYDS BANKING GROUP.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including LLOYDS BANKING GROUP, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Investment Taxes Assistant Manager – Group Tax (12 Month FTC) in Halifax
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like LLOYDS BANKING GROUP want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to LLOYDS BANKING GROUP.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at LLOYDS BANKING GROUP will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to LLOYDS BANKING GROUP. Numbers speak louder than words!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like LLOYDS BANKING GROUP want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withLLOYDS BANKING GROUP.
