Securities Services - Head of Trading Services Tax Product- Executive Director
Join to apply for the Securities Services - Head of Trading Services Tax Product- Executive Director role at JPMorganChase
Securities Services - Head of Trading Services Tax Product- Executive Director
2 weeks ago Be among the first 25 applicants
Join to apply for the Securities Services - Head of Trading Services Tax Product- Executive Director role at JPMorganChase
Get AI-powered advice on this job and more exclusive features.
Job Summary:
The Head of Trading Services Tax Product role forms part of the tax product function, focusing on the management and control of tax rates and related matters including compliance with tax legislation across the global Agent Securities Finance business. You will report directly to the Global Head of Securities Services Tax Product and indirectly to the Global Head of Product Management for ASF.
Job Description
Job Summary:
The Head of Trading Services Tax Product role forms part of the tax product function, focusing on the management and control of tax rates and related matters including compliance with tax legislation across the global Agent Securities Finance business. You will report directly to the Global Head of Securities Services Tax Product and indirectly to the Global Head of Product Management for ASF.
As the ASF Tax Product Manager, you will be responsible for the end-to-end management of tax requirements for the ASF service offering. You will leverage your tax technical knowledge and experience by working with Custody Tax Product colleagues and Corporate Tax to translate tax law into business requirements and by setting, maintaining, and owning manufactured income rates and owning and/or overseeing tax processes for the ASF business globally. You will provide subject matter expertise and guidance to business partners (including Trading Desk, Client Relationship Managers, Sales) in relation to the ASF product tax requirements, including product assessment of tax risk for new products, and engage in global industry group initiatives related to new or revised tax legislation and associated administrative procedures.
As a self-starter with a passion for identifying and implementing solutions to problems, you will partner with stakeholders to assess the impact of tax regulatory developments on the ASF service offering, to design appropriate business solutions, and to provide implementation oversight for new and/or enhanced product features and functions. You will act as the face of ASF Tax Product with clients by supporting client meetings and requests for proposals and sales presentations. In this role, you will also be responsible for the governance and quality assurance of ASF tax solutions and operating models, as well as assessing opportunities and threats of external and internal changes from a tax perspective.
Job Responsibilities
* Design and implement an operating model to support tax processes for the ASF business
* Implement governance across the end to end business including oversight of key metrics, KPIs and Risk Indicators, market and regulatory change, business expansion and new client onboarding
* Assess the impact of tax regulatory changes to ASF services and oversee and resultant changes to the operating model
* Provide business inputs to lender and borrower legal documentation
* Oversee maintenance of treaty boards and manufactured income rates and other applicable tax rates pertaining across all clients and lending markets
* Ensure local market tax information reporting obligations are met and kept in line with market requirements
* Responsibility for tax for Margin Services, Triparty and DRs (Depositary Receipts)
* Partner with Sales and onboarding teams to ensure accurate capture of Client Tax rates and Supporting new ASF client/borrower on boarding
* Review and sign off of relevant market newsflashes and associated policies
* Lead the implementation of new product proposals and ensure robust change management procedures are followed
* Represent the ASF business in industry groups (e.g. ISLA) and initiatives
Required Qualifications, Capabilities, And Skills
* Tax technical knowledge and experience of analysing tax laws across various jurisdictions with a focus on securities lending and custody
* Knowledge of securities taxation principles and tax considerations impacting ASF clients and borrowers
* Excellent written and verbal communication skills with the ability to provide tax regulatory and product updates for internal stakeholders and external clients
* 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
* Experience working in a professional services firm or financial services firm
Preferred Qualifications, Capabilities, And Skills
* Strong presentation skills and previous client facing experience
* Ability to collaborate with cross-functional teams in multiple locations
* Tax or Accounting qualification, for example ACA, LLM or CTA
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.
Seniority level
* Seniority level
Director
Employment type
* Employment type
Full-time
Job function
* Job function
Finance and Sales
Referrals increase your chances of interviewing at JPMorganChase by 2x
Get notified about new Head of Trading jobs in London, England, United Kingdom.
Head of Commodity Trading - Agricultural Derivatives
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 1 month ago
Head - Equity and Joint Venture Partnerships (F2008N)
London, England, United Kingdom 3 days ago
Greater London, England, United Kingdom 4 weeks ago
London, England, United Kingdom 6 days ago
Head - Equity and Joint Venture Partnerships
Head of European Power Trading Risk & Control
London, England, United Kingdom 1 month ago
Head of Risk – Commodities & Energy Trading
Head of Finance at Private Equity Insights
London, England, United Kingdom 1 month ago
Global Head of Equities Product, Liquidnet
London, England, United Kingdom 3 days ago
Specialized eFX AI Trading Quant, Vice President
London, England, United Kingdom 4 days ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom $130,000.00-$175,000.00 1 month ago
London, England, United Kingdom 1 week ago
Greater London, England, United Kingdom £95,000.00-£115,000.00 23 hours ago
Vice President Trading Algorithm Strategist
London, England, United Kingdom 2 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 week ago
Financial Institutions - Financing Sales Director
London, England, United Kingdom 1 week ago
Ecosystem Development Director – Asia Pacific and Middle East & Africa (APAC & MEA) | S3 | Navigator Global | London
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 week ago
Head of Risk – Equity Focused Investment Bank
Head of Risk – Commodities & Energy Trading - Studentjob.co.uk
Head of Risk – Commodities & Energy Trading - Studentjob.co.uk
City Of London, England, United Kingdom 1 day ago
Head of FXConnect – Senior Vice President, Onsite
London, England, United Kingdom 4 months ago
Head of Client Success at Private Equity Insights
London, England, United Kingdom 5 months ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr