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Finance Tax, Vice President, Onsite

AT State Street
State Street

Finance Tax, Vice President, Onsite

Boston, MA

Who we are looking for

The Financing Solutions Tax team provides tax advisory, compliance, and support services across the FS global product suite to assist in meeting key business development, client management, and risk excellence objectives. It is comprised of a team of experienced tax professionals organized around two main functions: Tax Operations and Tax Advisory.

The Finance Tax Vice President (VP) is a highly visible role within the global FS organization and is primarily responsible for protecting, maintaining, and enhancing FS's overall tax compliance posture in a constantly evolving business and regulatory environment. The successful individual will demonstrate exceptional attention to detail, possess a positive can-do attitude, operate with the highest levels of integrity and competence, excel at driving and influencing change, foster collaborative relationships across business and partner teams, and bring passion, enthusiasm, and energy to the role.

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This role will report to the Global Head of Tax for Financing Solutions and will reside in Boston, MA.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As Finance Tax VP, you will

  • Manage the overall functioning of the Tax Operations vertical within the FS tax team
  • Ensure all tax compliance requirements are satisfied, including the timely and accurate calculation and deposit of withholding tax, collection and validation of tax documentation, and furnishing of annual tax reporting, in accordance with applicable regulatory requirements
  • Prepare, sign, and file Financing Solutions-related tax and stamp duty returns
  • Maintain suite of internal controls, inclusive of procedures, policies, job aids, etc., to ensure a best-in-class tax operating environment that meets and exceeds risk excellence objectives
  • Review and approve/reject new client startups in accordance with product development and tax approvals. Research and answer client-related and counterparty-related tax inquiries
  • Consult with other members of the FS Tax team to resolve tax queries
  • Drive engagement with custody tax groups and other internal support teams to respond to queries from FS Operations, Trading and Relationship Management and to proactively manage operational tax risk across the FS product suite
  • Respond to requests and correspondence from the IRS and other tax authorities in coordination with the FS Tax Advisory team.
  • Drive continuous process improvement and innovation throughout the tax compliance function to improve scalability, efficiency, and automation, and reduce overall tax compliance risk
  • Complete all tax-related audit requests
  • Participate as SME lead on ad-hoc regulatory, client, and business projects from a tax operations perspective
  • Collaborate and engage team members in collegial, respectful, and professional manner
  • Train and mentor junior staff

What we value

These skills will help you succeed in this role

  • Minimum 7 to 10 years tax experience, preferably with an international focus and/or in a custody bank environment
  • Experience with multi-national financial institution and/or capital markets strongly preferred
  • Excellent risk management focus
  • Experience with the MS Office suite (Excel, Access) required
  • Strong time management, organizational, and communication skills

Education & Preferred Qualifications

  • MST/CPA desired but not required
  • Familiarity with tax preparation software (Convey) a plus
  • Tax technology experience a plus

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:
$110,000 - $185,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line

Client-provided location(s): Boston, MA, USA
Job ID: StateStreet-R-762866
Employment Type: Full Time