Tax Manager, Front Office Support Projects & Advisory

NatWest Group; Birmingham; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Birmingham is seeking a Tax Manager to provide expert tax advisory support, ensuring compliance with tax policies while evaluating reputational risks. The ideal candidate will possess significant tax experience in financial services and a professional qualification. This role emphasizes communication and project management skills while representing the bank in external discussions.

Qualifications

• Chartered tax adviser or similar qualification required.
• Experience in financial services tax issues necessary.
• Industry knowledge considered an asset.

Responsibilities

• Provide tax advisory support while ensuring compliance.
• Evaluate tax technical and reputational risks.
• Liaise with operational tax teams and front office.
• Monitor the external tax environment.
• Represent the bank in discussions with external parties.

Skills

Post-qualification tax experience in financial services

Good communication skills

Excellent organisational skills

People management skills

Project management skills

Education

Chartered tax adviser or professional accountancy qualification

Job description

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Join us as a Tax Manager

• We're looking for a tax expert to provide technical tax advice to our corporate, commercial, institutions and markets' businesses
• Day-to-day, you'll be evaluating the tax technical and reputational risk that can come from new products, transactions and business areas
• You'll make a far-reaching impact by being a trusted advisor and creating an environment that's focused on continuous improvement

What you\'ll do

In line with our Tax Strategy, you'll be providing tax advisory support to the businesses while ensuring compliance with the tax principles' policy and Code of Practice on taxation for banks. This will include liaising with the front office teams, reviewing products, clients and transactions, providing recommendations and escalating any concerns to senior management. The scope of your review will cover both tax technical and reputational risk issues.

You'll oversee transactional tax issues within the relevant businesses and liaise with the operational tax teams. We'll look to you to monitor the external tax environment and brief the business and senior management on new developments, and provide training where appropriate. Working internally with tax teams and tax colleagues, we'll also expect you to represent the bank in discussions with key external parties including audit teams, HMRC, external advisers and key industry bodies. Focusing on efficiency, you'll suggest ways to streamline review procedures to maximise use of department resources.

You'll also be:

• Supporting Legal on tax risk allocation discussions with clients
• Working with products such as loans, derivatives and debt capital market transactions
• Liaising with client due diligence teams on the tax reputational risk arising from high-risk clients
• Drafting training and guidance for the business, including uploading this onto the intranet
• Monitoring tax risk and improving tax risk controls
• Providing advice and tax updates to executives and in risk forums

The skills you\'ll need

To join us in this role, you\'ll need to be either a chartered tax adviser or have a professional accountancy qualification. You\'ll also have tax implementation experience and we\'ll look to you for advice, so having industry knowledge would be advantageous.

You'll also need:

• Post-qualification tax experience in financial services
• Up-to-date knowledge of UK direct tax legislation, international tax, indirect tax, operation taxes and product specific tax issues
• Good communication skills, along with people management skills
• Excellent organisational and project management skills