Operational Tax Manager

Schroders; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading wealth management firm in the UK is searching for an Operational Tax Manager. This role involves managing tax reporting and compliance, particularly around UK Capital Gains Tax and FATCA. The ideal candidate will guide business units through legislation changes and coordinate processes across multiple locations, ensuring compliance and effective operational design. Excellent communication skills and strong IT proficiency are essential for success in this position.

Qualifications

• Experience in Wealth management is essential.
• Strong understanding of UK and international client tax reporting such as Capital Gains Tax and FATCA.
• Ability to apply tax legislation accurately within financial services.

Responsibilities

• Manage client tax reporting and compliance, including various tax requirements.
• Guide business units on relevant legislation and regulatory changes.
• Coordinate tax reporting processes to ensure compliance across locations.

Skills

Wealth management experience

UK and international client tax reporting

Tax legislation interpretation

Tax compliance coordination

Development of tax reporting procedures

Internal tax documentation creation

Communication with regulatory authorities

Training delivery on tax procedures

Process review for effectiveness

Tools

Microsoft Office Suite

Job description

Operational Tax Manager – Job Summary

The Operational Tax Manager will support the Head of Operational Tax and Resilience to provide risk management, technical instructions; develop policies and procedures, ongoing training and controls in coordination with the location's Middle Offices, our service centre and WM business.

Key Responsibilities

• Responsible for managing and overseeing client tax reporting and compliance matters, including UK Capital Gains Tax, FATCA, CRS, QI, and ISA requirements.
• Providing expert guidance to business units on relevant legislation, agreements, and regulatory changes.
• Coordinating tax reporting and withholding processes across multiple locations to ensure compliance.
• Reviewing, approving, and updating tax reporting and withholding procedures.
• Creating and maintaining internal tax documentation, including self‑certification forms (e.g., CRS and FATCA).
• Working collaboratively with local middle office teams and service centres to identify and fulfil tax compliance obligations.
• Developing and enhancing control frameworks for tax reporting and withholding functions.
• Delivering training related to tax documentation, reporting, CGiX topics, and withholding procedures.
• Communicating and liaising with regulatory bodies (such as the IRS) on QI and FATCA agreements and audit processes.
• Informing relevant stakeholders of changes to tax reporting and withholding obligations.
• Conducting internal reviews to assess and improve process design and operational effectiveness.

Qualifications

• Experience in Wealth management.
• Strong understanding of UK and international client tax reporting (Capital Gains Tax, FATCA, CRS, QI, ISA).
• Ability to interpret and apply tax legislation and agreements in financial services.
• Experience advising business units on tax reporting and withholding requirements.
• Proven coordination of tax compliance across multiple locations.
• Competence in developing, reviewing, and implementing tax reporting procedures.
• Skilled in creating and maintaining internal tax documentation and self‑certification forms.
• Experience communicating with regulatory authorities (e.g., IRS).
• Ability to deliver training on tax reporting, documentation, and procedures.
• Knowledge of regulatory changes and best practices in tax compliance.
• Experience reviewing processes for operational effectiveness and managing tax report production.

What You'll Be Like

• Excellent IT skills, especially with the Microsoft Office suite.
• A keen interest in the wealth management industry.
• An interest in global financial news and markets.
• Excellent communication skills and an ability to multitask.
• Really good communicator – great at listening, being clear and giving reassurance.
• Self‑motivated and enthusiastic.
• Good at working in a team, and with other teams.
• Attention to detail.
• Able to work under pressure and to tight deadlines.
• Willingness to learn and develop and a desire to work with your colleagues to achieve excellent client outcomes.

About Cazenove Capital / Schroders

AtCazenove Capital looks after private individuals, families and charities. We are the wealth management business of the FTSE‑listed global investment manager Schroders, helping clients worldwide to invest money to meet their goals, fulfil their ambitions and prepare for the future.