At a Glance
- Tasks: Lead innovative global tax initiatives and drive client-focused solutions.
- Company: Join BNY, a top global financial services company shaping the future of finance.
- Benefits: Enjoy competitive pay, flexible resources, and generous paid leave for personal moments.
- Other info: Be part of a culture that values innovation and employee growth.
- Why this job: Make a real impact in a dynamic environment with cutting-edge technology.
- Qualifications: Experience in global custody tax matters and strong analytical skills required.
The predicted salary is between 78750 - 96250 £ per year.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
BNY is seeking a Director to join our Client Tax team, located in London, UK. This leadership role spans product innovation, regulatory readiness, commercialization, and product governance, aligned to BNY’s strategic pillars: Be More for our Clients, Run our Company Better, and Power our Culture.
In this role, you’ll make an impact in the following ways:
- Reporting to the Global Head of Tax within the Enterprise Custody Services platform, you will be responsible for leading the delivery on key strategic and client focused global tax initiatives covering withholding taxes, Financial Transaction Taxes and other securities taxes.
- Design, plan and execute a comprehensive, prioritized roadmap balancing compliance mandates, client experience, and commercial value as aligned to company priorities.
- Partner with Sales and Coverage teams to win complex custody tax deals by leading end-to-end solutioning. You will lead RFP responses, participate in client pitches and due diligence, define scalable operating and technology solutions tailored to client requirements, assess risk and control impacts, and align pricing and commercials to ensure a seamless transition from proposal to delivery.
- Oversee and accelerate the expansion of the custody tax product coverage and capabilities by identifying opportunities, prioritizing enhancements, and delivering scalable, compliant solutions.
- Manage and approve non-standard client service requests by leading solution design and cross-functional execution; perform assessments with corporate, business and operational partners; secure required governance/risk approvals; orchestrate cross functional delivery clear timelines, KPIs, and change management to drive client satisfaction.
To be successful in this role, we’re seeking the following:
- Experience working at a global custodian, global asset manager and/or Big 4 firm working on international custody tax matters impacting global clients with a deep knowledge on domestic and foreign withholding taxes, tax relief systems, capital gains and financial transaction taxes.
- Strong skills in analysis, solution design, ability to lead cross functional teams, and hands-on execution.
- Proven experience partnering with Sales on high-value, complex pitches and RFPs—shaping solutions, commercials, and client presentations to drive wins. Must have excellent written and oral communication skills.
- Self-driven with a focus on ownership and the ability to execute on projects.
- Excellent time management skills required together with an ability to prioritize workload and multi-task activities for timely delivery and conclusion.
- Proficient user for MS Office packages (Word, Excel, PowerPoint). Experience of Agile methodologies and tools including JIRA would be an asset but not mandatory.
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Director, Custody Tax Product Management in London employer: The Bank of New York Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for those seeking to make a meaningful impact in the financial services sector. Located in Manchester, our team enjoys access to competitive compensation, comprehensive benefits, and ample opportunities for professional growth, all while working with cutting-edge technology to drive transformative solutions. Join us and experience a workplace where your contributions are valued, and your career can flourish in a supportive environment.
Contact Details:
The Bank of New York Mellon Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director, Custody Tax Product Management in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like The Bank of New York Mellon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director, Custody Tax Product Management in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Bank of New York Mellon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on The Bank of New York Mellon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at The Bank of New York Mellon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Bank of New York Mellon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at The Bank of New York Mellon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former The Bank of New York Mellon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
