Description
JOB TITLE
Transfer Pricing Lead
SALARY
LOCATION(S)
London & Edinburgh
HOURS
Full time (35 hours per week)
WORKING PATTERN
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments in line with our Flexibility Works policy.
What you’ll be doing
Join the LBG Group Tax team in a role where you will have the opportunity to develop your skills across a wide range of tax technical matters and shape how we partner with important parts of the Group’s strategy.
This is a specialist Transfer Pricing role, supporting a wide range of business activity across the Group, and leading on tax transfer pricing. You’ll provide expert advice on complex tax matters, helping colleagues understand the implications of transactions and make informed decisions.
Key areas of responsibility include:
1. Leading Group Tax’s transfer pricing advisory team. This will include technical transfer pricing advice to the Group to support due diligence, structuring, strategic investment activity across all business units.
2. Lead global transfer pricing policy, implementation and documentation standards.
3. Monitor changes to UK and global transfer pricing rules, analysing the impact for the Group.
4. Delivering transfer pricing documentation for the UK, including master and local files, day to day TP documentation and incoming requirements such as ICTS.
5. Being a key part of a small team of tax specialists supporting on successful delivery of technical tax advice.
6. Supporting the Group understand and implement requirements of tax transfer pricing legislation and support the development of the Group Tax team through both formal training activity and more informal mentoring, support and development activities.
7. Transfer pricing advice for service provision and cost allocation across the Group
8. Advising on Group Treasury activities from a transfer pricing perspective
9. Profit attribution for overseas branches
10. Engagement with tax authorities on advance pricing agreements and managing any enquiries
11. Providing ad‑hoc tax advice on a range of product offerings
You’ll analyse changes in tax legislation and translate these into clear, practical guidance, highlighting risks, implications and recommended actions. Strong communication and influencing skills are essential, as you’ll work closely with senior leaders and collaborators across the business.
Why join us?
Group Tax plays a critical role in safeguarding the financial strength and reputation of Lloyds Banking Group. The scale and complexity of the Group, combined with ongoing legislative and regulatory change, make this a challenging and rewarding environment for tax specialists.
You’ll be part of a collaborative, experienced team, with opportunities to work on complex and high‑profile matters while continuing to develop your technical expertise.
What we’re looking for
Essential experience and capabilities
12. 8+ years of relevant experience as a tax and transfer pricing specialist within industry, professional practice, or with relevant government bodies, with a track-record of leading on transfer pricing matters across large or complex organisations
13. Strong technical understanding of transfer pricing legislation, policy design, documentation, operating models, controversy and practical implementation. You are adept in applying this to complex business scenarios
14. Ability to engage confidently with senior leaders and external bodies and evidence of clear and effective written and verbal communication skills
15. Strong analytical skills, with the ability to interpret legislation and assess risk
Desirable skills and qualifications
16. Professional qualification such as ACA, ACCA, ADIT, ATT or CTA
17. Experience within financial services or other regulated environments
18. Knowledge of accounting standards under IFRS
19. Understanding of tax governance requirements including SOX, Senior Accounting Officer and Public Tax Strategy frameworks
20. Experience managing external advisors on transfer pricing projects
This is a place for you
We know that great talent comes from many backgrounds. Skills and experience can be developed in different ways, and we encourage applications from candidates with relevant, transferable expertise.
We’re committed to creating an inclusive workplace and are open to discussing flexible working arrangements to support individual needs. If you require any reasonable adjustments throughout any stage of the selection process, please let us know!
Our benefits package includes a competitive salary, generous pension, performance‑related bonus and a wide range of flexible benefits.
Ready to make an impact as Transfer Pricing Lead? Apply today!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.