At a Glance
- Tasks: Manage operational tax issues and advise on fund and asset tax matters.
- Company: Join Schroders, a global investment manager with over 200 years of experience.
- Benefits: Flexible working environment in the heart of London with professional development opportunities.
- Other info: Inclusive culture prioritising diversity and personal growth.
- Why this job: Make a real impact in the financial sector while growing your expertise in tax management.
- Qualifications: ACA/CTA qualified with 1-3 years of relevant experience in investment funds.
The predicted salary is between 60000 - 80000 £ per year.
We are looking for a full time Product Tax Manager to work within the Product Tax Team to advise and support the business in all areas of fund and asset tax.
About Schroders: We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
The base: We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.
The team: The team is based in London but works closely with teams based in other countries, including Investment, Legal, Operations, Product Development, as well as third party advisers and service providers.
What you'll do: The successful candidate will manage a wide range of operational tax issues relating to Schroders’ Asset Management business, and advising the business on tax matters affecting the client population and product ranges. In particular, the candidate will work with the rest of the Product Tax team to:
- Provide a point of contact for tax technical questions arising within the business concerning the product range.
- Work with the business to understand tax changes and their impact.
- Help to implement and monitor the working model for management of operational taxes within the global business, including AEOI.
- Review UK and overseas tax returns prepared by third party advisers.
- Form good working relationships with other teams and offices and provide technical support.
- Stay abreast of developments in market practice, legislation and regulation that impact the operational tax burden of Schroder products and clients.
- Liaise with advisers and service providers to ensure withholding tax claims are prepared, submitted and followed up on in respect of the product range.
- Communicate, explain and escalate issues and ideas as relevant within the business.
- Identify tax reclaim opportunities and help operations teams to pursue these with assistance from advisers as needed.
- Review product documentation.
- Handle ad hoc enquiries from within the business and clients, distributors etc.
It is not expected that you will have prior exhaustive knowledge of all the areas detailed above. Support and on the job training will be available within the Product Tax team and via external advisers for researching points of particular difficulty.
The knowledge, experience and qualifications you need: Qualification in ACA/CTA plus one to three years PQE. Previous experience in investment funds and operational taxes. Experience of working in a fund management environment or advising financial services clients an advantage. Familiarity with relevant areas of tax such as Authorised Funds regulations, Offshore Funds regulations, AEOI and experience of dealing with international tax issues (in particular in relation to cross-border withholding taxes).
What you'll be like: Strong attention to detail and accuracy. Well organised and able to work under pressure, on several priorities at once, and with tight deadlines. Pro-active in solving problems and able to work in a self-sufficient capacity. A collaborative team-working style. Excellent verbal communication and written skills. Ability to form good working relationships internally with colleagues in relevant teams, as well as with third-party service providers and advisers. Flexible, curious and willing to learn, with a strong work ethic. Self-motivated and demonstrate initiative.
We recognise potential, whoever you are. Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
Product Tax Manager in London employer: Schroders
Contact Detail:
Schroders Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Tax Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Schroders or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your tax knowledge and understanding of operational tax issues. We want you to be ready to discuss how you can tackle challenges in the role and contribute to the team.
✨Tip Number 3
Show off your collaborative spirit! During interviews, highlight examples of how you've worked well with others, especially in high-pressure situations. Teamwork is key in the Product Tax Team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Schroders.
We think you need these skills to ace Product Tax Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Tax Manager role. Highlight your relevant experience in investment funds and operational taxes, and don’t forget to showcase your ACA/CTA qualification!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the team. Mention your problem-solving skills and how you can contribute to managing operational tax issues.
Showcase Your Communication Skills: Since this role involves liaising with various teams and advisers, make sure to demonstrate your excellent verbal and written communication skills in your application. We want to see how you can form good working relationships!
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. We can’t wait to hear from you!
How to prepare for a job interview at Schroders
✨Know Your Tax Stuff
Make sure you brush up on your knowledge of operational taxes, especially in relation to investment funds. Familiarise yourself with key regulations like AEOI and cross-border withholding taxes. This will show that you're not just a candidate, but someone who understands the nuances of the role.
✨Show Your Team Spirit
Since the role involves collaborating with various teams, be ready to discuss how you've successfully worked in a team environment before. Share examples of how you’ve built relationships with colleagues or third-party advisers, as this will highlight your collaborative nature.
✨Prepare for Technical Questions
Expect some technical questions during the interview. Prepare by thinking about common tax issues that might arise in asset management. Practising how to explain complex concepts in simple terms can also help demonstrate your communication skills.
✨Be Curious and Flexible
The job requires a willingness to learn and adapt. During the interview, express your enthusiasm for staying updated on market practices and regulations. Share instances where you've had to quickly learn something new and how you approached it, showcasing your proactive attitude.