Tax Strategy Director

2 weeks ago


London, Greater London, United Kingdom Citi Full time

Citi is a leading provider of global custody and local custody services to cross-border institutional investors and intermediaries.

Product Development

The Tax Product Manager plays a crucial role in defining and executing on a product roadmap for tax services delivered to cross-border institutional investors. This includes defining tax reclaim, reduction at source, and CGT services, managing cost of production across global hubs and country locations, tracking and responding to regulatory changes, and implementing and executing on a risk and control framework.

The ideal candidate should have a proven success record in financial services, custody services, or tax consulting, with a strong understanding of both cross-border institutional clients and global market tax practices and regulations.

Key Responsibilities
  • Defining tax servicing and client delivery standards for global and local custody services in partnership with Regions, Operations, Corporate Tax, and other stakeholders
  • Executing on the tax strategy in partnership with Technology and Operations
  • Following market, industry, and client trends to own field and adapt them for application Citi's products and solutions platforms
  • Managing client and competitor market research and developing product innovation roadmap
  • Providing an enhanced client services function within Tax Product and supporting key clients on tax-related issues
  • Monitoring tax changes globally for impact on clients or services and, when necessary, implementing strategic solutions
  • Developing a market advocacy program for tax services that demonstrates industry and local market leadership
  • Defining strategies for data governance and data services in partnerships with the Securities Services Data Program
  • Participating in industry initiatives relating to tax services and the application of new technologies
  • Representing Citi Securities Services in industry forums and conferences
Requirements
  • Proven financial industry experience with an emphasis on tax services and custody
  • Understanding of global tax regulations
  • Understanding of tax-related operational processes such as reduction at source and tax reclaim processing
  • Excellent interpersonal and communication skills
What We Offer
  • A competitive salary of $120,000 - $180,000 per annum
  • 27 days paid annual leave
  • Award-winning pension scheme
  • Life assurance
  • Private medical insurance with Bupa healthcare
  • Competitive maternity, paternity, and adoption leave scheme
  • On-site restaurant and coffee shops, online shopping, and concierge service
  • Select benefit package offering corporate discounts, memberships, and additional extras


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