At a Glance
- Tasks: Drive tax operations across international markets and enhance compliance with evolving regulations.
- Company: Join Wells Fargo, a leading global financial services firm with a commitment to innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic role with exposure to various jurisdictions and high-impact initiatives.
- Why this job: Make a real impact on international tax operations while collaborating with top professionals.
- Qualifications: Experience in tax operations and strong analytical skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
Wells Fargo is seeking a highly motivated International Tax Operations Specialist to join the Corporate & Investment Banking (CIB) Core Services Tax Operations team. In this pivotal role, you will help drive the governance, oversight, and execution of tax-related operational processes across international markets, with responsibility for transaction taxes, withholding taxes, capital gains taxes, tax documentation, and regulatory reporting.
Partnering with stakeholders across Operations, Markets, Tax Advisory, Technology, Product, and Risk, you will play a key role in strengthening the firm's tax operating framework, enhancing controls, and delivering scalable solutions that support a rapidly evolving regulatory environment. You will identify opportunities to improve efficiency, mitigate operational risk, and ensure compliance with complex global tax obligations.
This is an excellent opportunity for an experienced tax operations professional to gain broad exposure across businesses, jurisdictions, and products while working on high-impact initiatives that influence the effectiveness and resilience of Wells Fargo's international tax operations. The successful candidate will bring strong analytical and problem-solving skills, operational risk management expertise, and a deep understanding of tax operations within a global financial services environment.
In this role, you will:
- Execute current tax operating models and identify opportunities for increased efficiency, control enhancement, and regulatory compliance.
- Ensure operational processes remain aligned with evolving tax regulations and business requirements, predominantly across EMEA jurisdictions including German MikaDiv and EU FASTER.
- Partner with internal stakeholders to review and assess international tax obligations, perform analysis, control risks and suggest remediating measures for applicable Wells Fargo entities.
- Recommend and implement improvements to tax-related workflows, procedures, controls and operating practices.
- Ensure accuracy, and timely completeness of tax payments to relevant tax authorities in relation to Financial Transaction Taxes.
- Support strategic projects aimed at enhancing the tax operating model across International.
- Partner with CIB Markets Front Office teams to address tax impacts arising from trading activity and collateral movements.
- Review New Business Initiatives for potential International Tax processing impact and partner with relevant stakeholders for implementation.
- Review tax changes proposed by tax authorities across international markets and ensure effective compliance with the new regulations as applicable.
- Build strong working relationships with internal stakeholders to facilitate effective execution of tax operational objectives.
- Assist in managing internal audits of international tax processes whilst maintaining appropriate governance documentation, procedures, and audit-ready evidence.
- Review collateral-related tax flows and analyse withholding tax implications associated with collateral receipt, return, and substitution activities.
Required Qualifications:
- Strong experience within Tax Operations, Investment Operations or Custody/Asset Services Operations.
- Knowledge of US IRS tax documentation and reporting requirements, international withholding tax, tax reporting, transaction taxes, and regulatory tax compliance requirements.
- Experience with Tax Documentation, Financial Transaction Taxes, Stamp Taxes, Withholding Taxes and Capital Gains Taxes would be beneficial.
- Experience performing process reviews, control assessments, and operational risk management activities.
- Strong analytical and problem-solving capabilities with the ability to identify and mitigate operational risks.
- Proven stakeholder management skills across multiple business functions and geographic regions.
- Experience working within Corporate & Investment Banking, Asset Servicing, Securities Services, or Capital Markets environments is highly desirable.
- Excellent written and verbal communication skills.
- Ability to manage multiple priorities and deliver results in a complex, regulated environment.
Senior Assistant Vice President – International Tax Operations, Corporate & Investment Banking (EMEA) in London employer: WELLS FARGO BANK
Wells Fargo is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture that fosters collaboration and innovation across the EMEA, APAC, and Canada regions. With a strong commitment to operational resilience and a focus on building robust customer relationships, employees are empowered to make impactful decisions while enjoying comprehensive benefits and support for work-life balance. The company's dedication to diversity and inclusion ensures a welcoming environment where all voices are valued, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Assistant Vice President – International Tax Operations, Corporate & Investment Banking (EMEA) 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.
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Don’t shy away from reaching out directly to firms like WELLS FARGO BANK. 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 Senior Assistant Vice President – International Tax Operations, Corporate & Investment Banking (EMEA) 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 WELLS FARGO BANK.
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 WELLS FARGO BANK'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 WELLS FARGO BANK
✨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 WELLS FARGO BANK.
✨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 WELLS FARGO BANK 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 WELLS FARGO BANK 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.
