You will be expected to be proficient in the following:
В· Oversight of the QI regime: the candidate will have responsibility for London based QI and have oversight of the process from obtaining the documentation - for their clients and counterparties through to the annual reporting. The Bank operates as a US withholding agent through their head office and there will be close contact with the US together with other payers. The candidate will be involved in review discussions with Client Services to determine the feasibility of certain prospective clients that do not fit a standard model.
В· The new FATCA regulations will form a substantial part of the role and therefore an understanding of the legislation and its potential impacts is required together with the ability to analyse the prospective regulations and implement the changes. The candidate will be an integral part of the global FATCA project team.
В· EU Claims: the role will have responsibility for understanding the requirements in each relevant jurisdiction with particular attention on the possibility of their clients reclaiming withholding tax. As a Custodian Bank they offer a data and voucher production service whilst this role will concentrate on the technical implications of the relevant cases for historic tax advisor driven claims and future process changes. Liaison with tax advisory firms will form a substantial part of this role.
В· Market change internal communication: competent writing skills and a strong ability to analyse taxation treaties, legislation and general market information. In addition, the candidate will monitor and update the global market information intranet site. An ability to translate complex technical rules into business language is a requirement.
В· EU Savings Directive / Section 18 reporting: the role will include oversight of the process from account set up through to the annual report. As well as having knowledge of the technical regulations the correct candidate will have a track record of implementing system changes that relate to the developing rules of such regimes.
* Extensive experience required in a global custody taxation department or advisory firm.
* Extensive experience of global operational tax areas including tax reclaims and relief at source procedures.
* This role requires extensive experience of regulatory reporting and industry initiatives.
We request applications to be submitted in a word format only.
Pure Recruitment Group Limited acts as an employment agency for permanent roles and an employment business for temporary roles. Pure Recruitment Group Limited aims to promote diversity and equal opportunity through its work - we monitor and evaluate our performance on a regular basis.
Please note our advertisements use PQE levels purely as a guide to the minimum level of experience that we anticipate will be needed to fulfil the position. However, we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role and they will be considered on an equal basis.
Pure Taxation was established in 1999 as part of the Pure Recruitment Group. Rather than imitate existing providers of tax recruitment consultancy, we sought to create a new methodology based on quality, relationships and integrity. Since then, Pure Taxation has become market leader in the UK because of our approach to recruitment and the excellence of our experienced consultants, making us a profitable business every year since inception.
Our current team comprises of 16 specialist consultants in London and Hong Kong focusing on permanent tax recruitment in the UK, EMEA and Asia Pacific regions, three specialists in interim tax recruitment and four dedicated support and research staff, making us the largest dedicated tax recruiter in the UK.
