STPD - Corporate Tax - Assistant Vice President

SMBC Group; Greater London; Hybrid; GBP 48,000 - 72,000; Full time

Benefits offered by this job

Hybrid working

Pension provision

Private medical insurance

Learning and development opportunities

Job summary

SMBC Group in London is seeking an experienced Transfer Pricing Assistant Vice President to provide technical leadership and project management across a portfolio of transfer pricing initiatives, ensuring compliant documentation and governance. The role will support TP governance and policy updates across multiple jurisdictions.

The ideal candidate will bring deep knowledge of OECD Transfer Pricing Guidelines, BEPS initiatives, and cross‑border intragroup arrangements, with strong analytical and

Qualifications

• Deep understanding of OECD Transfer Pricing Guidelines and BEPS initiatives.
• Experience with global transfer pricing documentation requirements.
• Strong analytical capabilities including benchmarking analysis and financial modelling.
• Project management skills in a fast-paced environment.

Responsibilities

• Provide technical transfer pricing advice to business units and finance teams.
• Evaluate and recommend transfer pricing methodologies per OECD guidelines.
• Support business projects and operating model changes from a TP perspective.
• Assess TP implications of cross-border services and intragroup transactions.
• Support implementation and maintenance of the EMEA Transfer Pricing Policy.
• Review and approve Transfer Pricing Operational Forms and related documentation.
• Ensure TP positions are supported by agreements, calculations and evidence.
• Champion TP governance initiatives and policy updates.

Skills

OECD TP Guidelines

BEPS initiatives

Global TP documentation

Cross-border tax concepts

Financial modelling

Benchmarking analysis

Big 4 experience

Job description

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

London, LND, GB, EC2M 2AT

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

We are seeking an experienced Transfer Pricing Assistant Vice President to provide technical leadership and project management support across a portfolio of transfer pricing initiatives, whilst ensuring the continued delivery of transfer pricing compliance, documentation, governance, and advisory activities.

The ideal candidate will bring strong technical expertise, practical delivery experience, clear communication skills, and the ability to collaborate effectively with cross‑functional teams across multiple jurisdictions. They will be responsible for managing projects from initiation through completion, ensuring timely and effective execution.

The volume of transfer pricing work has increased significantly due to the organisation’s business growth, structural changes, expansion of cross‑border related‑party transactions, and the introduction of new transfer pricing compliance requirements.

To support the growing volume and complexity of transfer pricing activities, we are seeking an experienced Transfer Pricing Assistant Vice President to join the team and replace a vacant role. Working alongside existing team members, the successful candidate will contribute to a broad range of strategic projects and business-as-usual transfer pricing matters. The role requires the ability to develop pragmatic and compliant transfer pricing solutions that balance commercial objectives with legislative requirements, and to ensure their successful integration into business processes, governance frameworks, and operational procedures.

The anticipated salary range for this role is £48,000 - £72,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision

Business Area

STPD - Finance and Control

Position Description

The role will support the Transfer Pricing team and EMEA Tax in managing various transfer pricing changes and initiatives driven by business growth, organisational changes, and evolving transfer pricing legislation. This includes assisting in the design of robust transfer pricing operational processes that are compliant with tax principles, consistently implemented, and appropriately documented.

The role holder will work closely with EMEA front‑office teams, Finance and Tax functions, and the STPD Planning teams to ensure alignment, accurate execution of transfer pricing policies, and effective integration of operational solutions across the region.

• Provide technical transfer pricing advice to business units, finance teams, and corporate functions regarding new and existing intragroup arrangements.
• Evaluate and recommend appropriate transfer pricing methodologies in accordance with OECD guidelines.
• Support business projects and operating model changes from a transfer pricing perspective.
• Assess transfer pricing implications of cross-border services, financial transactions, cost allocations, profit-sharing arrangements, and other intragroup dealings.
• Support the implementation and maintenance of the EMEA Transfer Pricing Policy.
• Review and approve Transfer Pricing Operational Forms and related documentation.
• Ensure transfer pricing positions are supported by appropriate agreements, calculations, and evidence.
• Act as a champion for transfer pricing governance initiatives, policy updates, and internal control enhancements.

Documentation and Compliance

• Manage the preparation and review of Local Files, Master File inputs, Country-by-Country Reporting support, and other regulatory documentation, where applicable.
• Coordinate transfer pricing compliance with internal stakeholders and external advisers.
• Maintain transfer pricing documentation to support tax audits and regulatory enquiries.
• Ensure timely completion of annual transfer pricing compliance obligations across multiple jurisdictions where required.

Operational Transfer Pricing

• Review and monitor implementation of approved transfer pricing methodologies.
• Work closely with Finance, SLA operational teams and any other relevant teams to ensure accurate transfer pricing calculations and accounting treatment.
• Responsible for reviewing Group value-added collaborative fee claims, ensuring that the charges are appropriate, accurately calculated, and allocated to the correct legal entities.

Stakeholder Management

• Build effective relationships with Finance, Treasury, Front Office, Operations, Legal, Compliance, and Tax teams.
• Deliver training and guidance to business stakeholders regarding transfer pricing requirements.
• Act as a subject matter expert on transfer pricing matters across EMEA.
• Develop and enhance transfer pricing processes, controls, templates, and governance frameworks.
• Identify opportunities to improve data quality, operational efficiency, and compliance processes.
• Support various strategic transformation projects and operating model changes from a transfer pricing perspective

Knowledge, Skills and Experience

• Deep understanding of OECD Transfer Pricing Guidelines, BEPS initiatives, global transfer pricing documentation requirements, and cross‑border tax concepts.
• Strong analytical capabilities, including benchmarking analysis, financial modelling, and the interpretation and evaluation of financial statements.
• Experienced transfer pricing professional, with knowledge gained at a Big 4 firm and, ideally, complemented by in‑house tax experience within the financial services sector.
• Demonstrated project management skills, with the ability to manage and prioritise multiple complex projects in a fast‑paced environment.

Ability to work both independently and collaboratively, contributing effectively to team discussions and collective decision‑making

Customer Focus

Driving Change

Driving Results

Judgement and Decision Making

Strategic and Visionary

Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well‑bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under‑represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long‑term condition whenever requested.

We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers