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- Tasks: Join a small team to manage Dividend Tax reclaims and collaborate on exciting projects.
- Company: A leading Tier 1 broker dealer at the forefront of Equity Finance trading.
- Benefits: Enjoy a hybrid work model with potential for contract conversion and career growth.
- Why this job: Be part of an expanding team with hands-on responsibilities and opportunities to learn.
- Qualifications: Undergraduate degree in a maths-related field or equivalent experience; tax operations knowledge preferred.
- Other info: Flexible, collaborative environment with a focus on innovative tax operations solutions.
The predicted salary is between 36000 - 60000 £ per year.
Established Tier 1 broker dealer, with a history of being in the forefront of Equity Finance trading. Due to expansion, they are now seeking a Tax Operations Associate to join their team. This is a hybrid role, requiring 1 / 2 days per week in the City office. On offer is a 6 – 12 months, inside IR35 contract with the opportunity to convert to FTC.
SKILLS REQUIRED:
- The successful candidate will have experience in Asset servicing/Tax Operations, preferably within a Top/Mid-tier broker dealer or Bank and must be able to demonstrate the following:
- Undergraduate degree with a solid mathematics component, or an equivalent depth of knowledge via experience/training
- Good understanding of Dividend processing and market compensation rules
- Previous experience of dividend tax reclaims/stamp/FTT/US Tax processing is desirable.
- Strong working knowledge of Microsoft office applications such as Excel
- Attention to detail is a must.
- Strong time management and organisational skills.
- A collaborative approach to working with teams in other geographical locations, for the running of BAU work as well as ongoing project work
- The ability to spot gaps, therefore risk, in the tax operations process, with the corresponding ability to provide workable solutions
- The client will also consider candidates from a Settlements/Operations/Corporate Actions background who understand Dividends and are keen to learn about Tax.
RESPONSIBILITIES:
- Joining a small and expanding team, your responsibilities will include:
- End to end processing of the Dividend Tax reclaim process.
- FTT and Stamp duty
- Daily liaison with trading desks, ops groups, accounts and Custodians etc
- Daily monitoring and clearance of cash reconciliations
- Due to the small nature of the team, 2 in total, being flexible and hands on is a must.
- Participation in in-flight and future departmental projects. The main current one being the integration of Tax Operations processes into the new in-house entitlement tracking system (EnTrack).
- This role offers lots of career scope in an expanding team.
If you feel you have the skills for this role, please send your CV in word format for the attention of ALISON CALDER.
Tax Operations Associate (City Of London) employer: Marcus Donald People
Contact Detail:
Marcus Donald People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tax Operations Associate (City Of London)
✨Tip Number 1
Familiarise yourself with the specific tax operations processes mentioned in the job description, such as dividend tax reclaims and stamp duty. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance and tax operations sectors. Attend industry events or join relevant online forums to connect with people who can provide insights about the company and the role, which could give you an edge in your application.
✨Tip Number 3
Brush up on your Excel skills, particularly in areas like data analysis and financial modelling. Being proficient in these applications is crucial for the role, and showcasing your expertise can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with risk identification and problem-solving in tax operations. Think of specific examples where you've spotted gaps in processes and how you addressed them, as this aligns well with the responsibilities of the role.
We think you need these skills to ace Tax Operations Associate (City Of London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Asset servicing and Tax Operations. Emphasise any previous roles in broker dealers or banks, and showcase your understanding of Dividend processing and tax reclaims.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the skills required for the Tax Operations Associate role. Mention your undergraduate degree, your attention to detail, and your ability to work collaboratively with teams across different locations.
Highlight Relevant Skills: In your application, clearly outline your proficiency in Microsoft Office applications, particularly Excel. Provide examples of how you've managed time effectively and organised tasks in previous roles.
Show Enthusiasm for Learning: If you come from a Settlements/Operations/Corporate Actions background, express your eagerness to learn about Tax. Highlight any relevant experiences that demonstrate your adaptability and willingness to take on new challenges.
How to prepare for a job interview at Marcus Donald People
✨Showcase Your Relevant Experience
Make sure to highlight your experience in Asset servicing and Tax Operations. Be prepared to discuss specific examples from your previous roles, especially if you have worked with dividend processing or tax reclaims.
✨Demonstrate Your Analytical Skills
Since the role requires a solid mathematics background, be ready to discuss how you've applied analytical skills in past positions. You might want to prepare a few scenarios where your attention to detail made a significant impact.
✨Familiarise Yourself with Current Projects
Research the integration of Tax Operations processes into the new in-house entitlement tracking system (EnTrack). Showing that you understand this project will demonstrate your proactive approach and genuine interest in the role.
✨Emphasise Team Collaboration
Given the small team size, it's crucial to show that you can work collaboratively. Prepare examples of how you've successfully worked with teams across different locations and how you handle flexibility in your work.
