Are you experienced within client tax operations and are data literate? Then you found the right position for you!
As a Agent Securities Financing Tax Operations Manager within the Client Tax Operations team, you will report to the Senior Operations Executive responsible for International Tax Business and Regulatory Change. You will be exposed to the execution of operational tax activities associated with the Agent Securities Financing product suite.
Job responsibilities
- Liaise with Custody and ASF Tax Product colleagues to capture, assess and implement the operational elements of tax regulatory changes to ASF services, with onward communication global operations teams
- Maintain tax treaty boards and manufactured income rates in the TACT and Avatar platforms, and other tax rates pertaining to securities financing activity across all clients and lending markets
- Ensure accurate daily and weekly data reconciliations
- Complete oversight of tax regulatory reporting responsibilities performed by the ASF Operations team
- Support new ASF client and borrower onboarding and set-up
- Partner with Client and Relationship Managers to collect / refresh tax documentation associated with borrowers
- Own the process for managing and mitigating operational tax risk through ongoing assessment of processes, policies and controls in a complex and rapidly evolving tax regulatory environment
- Partner with ASF and Custody Tax Product teams, Corporate Tax, Legal, Sales, Client Managers, Trading Desk and Controls teams to assess for operational impacts and controls when presented with new product proposals (e.g. impacts of lending in a new market/new type of collateral) and/or client change requests
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Required qualifications, capabilities, and skills
- Equivalent work experience
- Strong organisational skills
- Data literate and knowledge of Intelligent Automation tools
- Excellent written and verbal communication skills
- Knowledge of securities taxation principles and tax considerations impacting custody clients and stock borrowers
- Strong analytical ability with attention to detail
- Strong focus on risk and controls including ability to restructure processes and procedures, as required
- Capable of managing multiple competing priorities and stakeholders
Preferred qualifications, capabilities, and skills
- Strong presentation skills
- Ability to collaborate with cross-functional teams in multiple locations
- Tax or Accounting qualification
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.