Withholding Tax Team Specialist - AVP
3261631
Glasgow
In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is an Director level position level position within the Core Services function.
An opportunity has arisen for a full-time Director to join the International Tax team to drive forward the tax change and risk initiatives. The team manage the firm's ttax risk population across multiple jurisdictions; client processes; account set-up for tax purposes; implementation of tax changes for processes owned by ITU and other departments.
What you can expect from Morgan Stanley:
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We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries.
At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity
We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
What you'll do in the role:
• Support several tax reconciliation and processing functions to ensure that both Firm and Clients are accurately charged.
• Timely submission of tax documentation to custodians/tax authorities to ensure Morgan Stanley meets all transaction tax obligations in EMEA and the Americas.
• Risk management oversight to pro-actively identify risks, escalate and clearly outline resolution.
• Ensure payment and regulatory reporting provided to tax authorities is accurate and submitted within prescribed deadlines.
• Perform due diligence checks in assessing client entitlements to tax exemptions.
• Supporting the ITU Enhancement strategy to improve systemic tax processing.
• Control of processes outsourced to external vendor.
• Applying effective supervision of the control, risk management and oversight of the reconciliation and documentation processes
• Reconciliation of client data, ensuring that the correct tax treatment is provided to our clients
• Interaction with client facing groups across the globe
• Analysis of market practice and infrastructure with regards to client exemptions
• Review and tracking of submitted documentation to ensure in good order with tax authorities.
What you'll bring to the role:
• 5-7 years' experience working in an Operations environment
• Experience in a tax focused position
• Knowledge of asset services or settlements beneficial
• Proactive team player who actively promotes sharing of knowledge
• Attention to detail and accuracy with an ability to grasp complex concepts quickly
• Ability to collate and critically analyse high volumes of data
• Provide clear and concise interpretation on risk, impact and resolution
• High Microsoft Office proficiency
• Ability to take ownership for the resolution of firm and client related queries
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.