Head of Tax Product - EMEA, Managing Director

London, England, United Kingdom

12/18/2024

Division: Asset Servicing Product

Position: Managing Director, Tax Product, EMEA

Location: UK (London)

Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges through solutions, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged professionals are essential to our success.

We’re looking for someone with a tax advisory background who can blend strong tax technical interpretation with commercial pragmatism to be our regional lead for Tax Product in EMEA. You will be of flexible disposition and enjoy working in a dynamic environment where your responsibility spans across major projects, product and service design, tax technical risk oversight and direct contact with clients across the EMEA region and beyond.

Job Specifications

• Drive custody and fund tax services’ strategic direction in the EMEA region, weighing tax technical and operational risks with commercial opportunities and client deliverables.
• Work closely with partners in Product, Operations, Technology and Corporate functions to execute business unit strategy, product and geographic expansion efforts, and a scalable technology and operating model solution.
• Engage and develop relationships with key clients and third parties including consultants and tax advisors.
• Identify market leading technology solutions for custody and funds tax and drive business case for investment in tax systems (e.g. buy or build).
• Act as a tax product lead for RFPs and represent State Street in client pitches together with senior business owners. Lead standardisation of custody and funds tax presentations and marketing materials from a global and regional perspective.
• Through active engagement with industry associations and private/public forums on tax matters, drive initiatives aimed at simplifying tax operational processes and opportunities for tax optimisation.
• Act as the Product lead for any product development requirements arising from new EMEA regulations, including (but not limited to) EU FASTER and German MikaDiv.
  
  
  

Job Requirements And Minimum Qualifications

• 10+ years of fund or custody tax experience; excellent knowledge of multiple withholding tax and funds tax regimes across the EMEA region.
• Demonstrable leadership skills and the ability to positively influence colleagues in other functional areas, including non-tax professionals.
• Strong written and verbal communication skills and the ability to explain complex tax matters in concise, accurate, layperson terms.
• Qualification in tax, law or accounting essential (CTA, legal qualification or CA/CPA)
  
  
  

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

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Job ID: R-764555