Location – London
A career in our client’s Financial Services Tax practice, within Corporate Tax services, will provide you with the opportunity to help clients meet their tax obligations while managing the impact tax has on their business. You’ll advise clients on their local and overseas tax affairs, while acting as a strategic consultant related to business analysis, managing working capital, and profit sharing for partners. You’ll also help organisations understand the pricing implications of goods and services between related parties, as well as providing advice on tax implications of deals.
The team helps the firm’s Financial Services clients navigate the frequently changing and complex national and international tax environment related to stringent capital requirements, management of operational tax risks, and tax implications of investing in different jurisdictions. You’ll help clients with their tax structuring while helping to address the challenges of the continuously changing tax world, both locally and globally.
The Banking and Capital Markets Tax team (BCM Tax) provides advice to a wide variety of institutions, including many of the biggest names in the market. Their client base is broad, including retail, commercial, investment, private and custody banks as well as other financial services groups such as brokers and private equity houses. They also advise a wide range of the newer entrants to the market, including leading fintech firms, payment service providers, proprietary trading groups and exchanges. They combine specialist tax skills and strong client relationships with a deep understanding of their sector.
Our client’s London based tax team forms one of the hubs of the firm’s global network of BCM expertise, enabling them to advise not only UK institutions, but also many of the largest international players. Our client’s services are varied, and their team includes sector specialists in core tax advisory, deals, audit, tax reporting and strategy, international tax and treasury, and operational taxes.
The banking and capital markets industry is a dynamic and forward thinking sector currently undergoing very significant restructuring and transformation of both business and operating models. Our client is currently recruiting for a Senior Associate join their team. They are looking for high quality candidates, motivated by a desire to work within the sector and capable of dealing with the technical demands that this brings.
The role
The recent uptick in transactional activity, various sector specific tax and structural issues and a broadening of the firm’s client base have all triggered strong demand for our client’s services in the market. As such they are looking for high quality, motivated individuals to join their team. The team has ambitious short to medium term growth objectives and, aligned to this, successful candidates will receive structured support for career development including for promotion to Manager and beyond.
You will have the chance to work across the full range of BCM Tax’s clients and services, with the opportunity to work directly with partners and directors. There is also the potential to work closely with the firm’s other lines of service – Audit, Consulting, Deals and Risk – as well as the firm’s international network. You will be encouraged to develop your own client relationships, lead your own teams, innovate ways of working and drive new uses of technology.
Essential skills and attributes
- ACA/ATT/CTA exam qualified with strong academic background
- Lead on complex projects, coach and mentor
- Ability to develop self and others
- Strong interest in the banking and capital markets sector
- Motivated individual with a desire for a permanent career in tax
- Excellent interpersonal skills
- Both numerate and literate
- Confident with accounting concepts (ideally including tax accounting)
Desirable skills and attributes
- Banking or financial services specific experience would be preferable.
- M&A or other transaction related experience would be helpful.
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