Senior Tax Manager, Banking *In-House*
Senior Tax Manager, Banking *In-House*

Senior Tax Manager, Banking *In-House*

Full-Time 70000 - 90000 £ / year (est.) No home office possible
Morgan McKinley

At a Glance

  • Tasks: Provide tax advice and ensure compliance with UK tax law for a leading banking group.
  • Company: Join a top European banking group with a strong in-house tax team.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to work on innovative projects and collaborate with finance teams.
  • Why this job: Make a real impact on tax efficiency and compliance in the banking sector.
  • Qualifications: Must be ACA/CTA qualified with extensive experience in banking tax.

The predicted salary is between 70000 - 90000 £ per year.

This is a fantastic opportunity for a Senior Tax Manager to join the in-house tax team of a leading European banking group. The role will focus on transactional tax support and international tax aspects (in particular, transfer pricing).

The candidate must have an excellent understanding of financial products. Experience of Bank Levy is highly desirable. The candidate must be CTA and/or ACA qualified and have extensive relevant CT experience in the tax function of a bank and preferably one of the larger accounting firms.

  • Provide tax advice (including commentaries where necessary) on lending transactions to ensure tax efficiency and conformity to the Code of Practice on Taxation for Banks.
  • New Activities & Products (NAP): Evaluate tax technical and reputational risks for new products, clients, and business transactions.
  • Risk Mitigation: Ensure compliance with UK tax law and guidance, and internal tax policies.
  • Documentation & Training: Draft tax guidance for business teams and provide updates on changes in tax law and/or guidance.
  • Transfer pricing (TP): In conjunction with Head Office tax team, review, maintain and originate transfer pricing documentation; work with external provider to ensure production of robust local TP file; review execution of TP policies across the UK business in collaboration with wider Finance team.
  • Bank Levy: Prepare bank levy calculation for the UK branch; collaborate with other finance functions within the UK group to compile the group bank levy calculation.
  • Other: Provide ad hoc tax advice regarding other CT matters (including project work) as may arise from time to time.

The ideal candidate will be ACA/CTA qualified (or equivalent) and have an excellent technical grounding in UK Corporation Tax. In addition, they will need to demonstrate experience specific to the banking sector, e.g., knowledge of banking products & services and associated tax treatments and implications. They will have international tax experience, including transfer pricing, and analysing and interpreting double tax treaties, BEPs, Pillar II, AEOI.

Senior Tax Manager, Banking *In-House* employer: Morgan McKinley

Join a leading European banking group that prioritises employee development and offers a dynamic work culture focused on collaboration and innovation. As a Senior Tax Manager, you will benefit from comprehensive training opportunities, competitive remuneration, and the chance to work on impactful projects within a supportive team environment. Located in a vibrant city, this role provides not only professional growth but also a fulfilling work-life balance.
Morgan McKinley

Contact Detail:

Morgan McKinley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Tax Manager, Banking *In-House*

✨Tip Number 1

Network like a pro! Reach out to your connections in the banking and tax sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, it’s all about who you know!

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of financial products and UK tax law. Be ready to discuss how your experience aligns with the role's focus on transactional tax support and transfer pricing. Show them you mean business!

✨Tip Number 3

Don’t just apply anywhere; apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and experience directly to us. Plus, it shows you’re genuinely interested in joining our team.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way. It keeps you on their radar and shows your enthusiasm for the position. Just keep it professional and concise!

We think you need these skills to ace Senior Tax Manager, Banking *In-House*

Transactional Tax Support
International Tax
Transfer Pricing
Financial Products Knowledge
Bank Levy Calculation
CTA Qualification
ACA Qualification
UK Corporation Tax
Tax Compliance
Risk Mitigation
Tax Documentation
Tax Guidance Drafting
Ad Hoc Tax Advice
Double Tax Treaties Analysis
BEPs Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to highlight your experience in tax, especially in the banking sector. We want to see how your skills align with the role, so don’t be shy about showcasing your CTA/ACA qualifications and relevant CT experience.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Senior Tax Manager role. Mention your understanding of financial products and any experience with Bank Levy, as these are key for us.

Showcase Your Technical Skills: We’re looking for someone with a solid grasp of UK tax law and transfer pricing. Be sure to include specific examples of how you’ve navigated these areas in your previous roles. This will help us see your expertise in action!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at Morgan McKinley

✨Know Your Tax Stuff

Make sure you brush up on your knowledge of UK Corporation Tax and the specific tax treatments related to banking products. Be ready to discuss how you’ve applied this knowledge in previous roles, especially around transfer pricing and Bank Levy.

✨Showcase Your Experience

Prepare examples from your past work that highlight your experience in the tax function of a bank or a large accounting firm. Discuss specific projects where you provided tax advice on lending transactions or evaluated tax risks for new products.

✨Stay Updated on Tax Law Changes

Familiarise yourself with recent changes in tax law and guidance that could impact the banking sector. Be prepared to discuss how these changes might affect the role and the company’s compliance strategies.

✨Communicate Clearly

Since part of the role involves drafting tax guidance and training business teams, practice explaining complex tax concepts in simple terms. This will show your ability to communicate effectively with non-tax professionals.

Senior Tax Manager, Banking *In-House*
Morgan McKinley

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