Business Tax Advisor - Private Bank

J.P. MORGAN; City Of London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading financial institution in London is seeking a Business Tax Advisor to join its product advisory tax team. The role involves providing tax advice related to Private Banking and Wealth Management, collaborating with internal and external teams, and developing knowledge of worldwide tax regimes. Candidates must be qualified professionals with relevant experience in financial services. This position offers the opportunity to work in a dynamic tax environment.

Qualifications

• Relevant experience providing private banking / client and / or financial services tax advice.
• Interest in understanding the commercial context of tax advice.
• Willingness to approach new issues analytically.

Responsibilities

• Understand transactions, products, and platforms in the Private Bank line.
• Develop knowledge of worldwide tax regimes.
• Communicate tax requirements and risks to non-tax colleagues.
• Escalate risks internally.
• Collaborate with external tax advisors.

Skills

Qualified Solicitor

Chartered Tax Advisor

Accountant

Excellent written and spoken English

Ability to communicate tax issues

Capability to work under pressure

Job description

Overview

A Business Tax Advisor position based in the product advisory tax team which is part of the wider EMEA Corporate Tax group. The team comprises a mix of international qualified professionals, and this position seeks to complement the team. The position involves working closely with product advisory colleagues as well as the wider J.P Morgan global Corporate Tax group.

As a Business Tax Advisor in the product advisory tax team, you will primarily provide advice to the J.P. Morgan Private Bank line business in relation to Private Banking / Wealth Management tax matters, issues, and risks.

Responsibilities

• Understanding the transactions, products, and platforms within the J.P. Morgan Private Bank line of business;


• Developing knowledge of worldwide tax regimes and requirements applicable to these transactions, products and platforms;


• Communicating tax requirements and risks clearly and succinctly to non-tax business and functional colleagues;


• Escalating risks internally within the team and the line of business as appropriate;


• Collaborating with external tax advisors and partner internally with global Corporate Tax colleagues (including VAT specialists) and non-tax colleagues (such as Business, Legal, Finance, Operations, etc.).

Required qualifications, skills and capabilities

• Qualified Solicitor, Chartered Tax Advisor, or Accountant;


• Relevant experience providing private banking / client and / or financial services tax advice in a law or accounting firm;


• Ability to communicate tax issues to non-tax personnel, and an interest in understanding the commercial context of tax advice;


• Capability to work under pressure in a commercial environment without compromising technical or ethical standards;


• Willingness to approach new and unfamiliar issues analytically and logically;


• Excellent written and spoken English.

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.