Tax Operations Analyst

Barclays UK; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

Join Barclays as a Tax Operations Analyst in London, supporting the function to deliver tax relief and reclaim processes. You will enhance the digital landscape and collaborate to ensure operational efficiency while managing risks. Successful candidates will demonstrate strong analytical skills and have experience in financial operations.

Qualifications

• Proven experience in managing teams and stakeholders.
• Ability to adapt to regulatory changes.
• Strong analytical and communication skills.

Responsibilities

• Support business areas with daily processing and issue resolution.
• Collaborate with teams to improve operational processes.
• Develop reports on operational performance.

Skills

Experience with Equities, Derivatives, and Bonds

Knowledge of Asset Servicing and Settlements

Middle Office Experience

Knowledge of Prime Brokerage and Equity Finance

Knowledge of Financial Transaction Tax and Withholding Tax regulations

Proficiency in Microsoft applications

Job description

Join us as a Tax Operations Analyst at Barclays, where you will be managing the function to deliver first-class service to stakeholders and customers, facilitating timely and accurate tax relief and reclaim processes, managing associated operational risks, and ensuring the function meets its objectives. You will spearhead the evolution of our digital landscape, driving innovation and excellence. Harness cutting-edge technology to revolutionise our digital offerings, ensuring unparalleled customer experiences.

To be successful as a Tax Operations Analyst, you should have experience with:

• Experience working with Equities, Derivatives, and Bonds (Investment Banking products).
• Knowledge of Asset Servicing and Settlements.
• Middle Office Experience.
• Knowledge of Prime Brokerage, Equity Finance, Stock Loan, and Stock Borrow.
• Detailed knowledge of operational tax processes and associated risks.
• Proficiency in Microsoft applications (Excel, PowerPoint, Visio, Project, etc.).
• Proven experience in managing teams, stakeholders, and producing/presenting senior management MI.
• Adaptability to process/regulatory changes, prioritise workload, and meet tight regulatory deadlines.
• Good knowledge and understanding of the implications that Financial Transaction Tax (FTT) and Withholding Tax (WHT) regulations have on Barclays and our clients.

Some other highly valued skills may include:

• Ambition and drive to take on additional responsibilities and grow professionally.
• Appreciation of front-to-back equity processing, particularly in a multi-entity environment.
• Knowledge of roles and business activities carried out by other teams across Barclays’ other business functions – with an understanding of how these relate to Tax Ops’ role and business activities.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role will be based in our London office.

Purpose of the role

To support business areas with day-to-day processing, reviewing, reporting, trading, and issue resolution.

Accountabilities

• Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Collaborate with teams across the bank to align and integrate operational processes.
• Identify areas for improvement and provide recommendations in operational processes.
• Develop and implement operational procedures and controls to mitigate risks and maintain operational efficiency.
• Develop reports and presentations on operational performance and communicate findings to internal senior stakeholders.
• Identify industry trends and developments to implement best practices in banking operations.
• Participate in projects and initiatives to improve operational efficiency and effectiveness.

Assistant Vice President Expectations

• Consult on complex issues; provide advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop new policies/procedures to support the control and governance agenda.
• Take ownership of managing risk and strengthening controls related to the work done.
• Perform work closely related to other areas, understanding how these areas coordinate and contribute to organizational objectives.
• Collaborate with other support areas to stay aligned with business activity and strategy.
• Engage in complex data analysis from multiple sources to solve problems creatively and effectively.
• Communicate complex information, including sensitive or difficult-to-communicate content.
• Influence or persuade stakeholders to achieve desired outcomes.

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, and embody the Barclays Mindset – to Empower, Challenge, and Drive.