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Job Title: Asia Regional Tax Advisor for Securities Services

Company: US Bank - Securities Services

Corporate Title: VP / ED Salary Range: Permanent
Location: Hong Kong Date Open: Oct 2019

Responsibilities / Duties:

Job Highlights

  • This position will be based in Hong Kong.  You will be the Corporate Tax Lead (reporting to the regional Corporate Tax management team) to oversee all tax matters relating to the Corporate and Investment Bank's Securities Services  businesses in the Asia Pacific region, in particular Global Custody as well as Securities Lending, Collateral Management, Fund Accounting and Depository Receipts.   
  • As a key member of the Corporate Tax team, you will partner closely with key business and functional stakeholders, and promote effective interaction and communications at all levels.
  • As a key strategic partner to the Business, you will focus exclusively on tax advisory as part of an integrated function, identify and recommend tax effective solutions for the firm, and support pragmatic solutions that ensure compliance.
  • Candidates with more experience will be considered for more senior job title and appropriate compensation.

 

Key Responsibilities

  • Define and manage Corporate Tax deliverables and priorities across the Securities Services businesses and ensure alignment with business strategy.
  • Providing tax technical advisory support, monitoring and interpreting the impact and application of Asia tax market changes, detailing and communicating key tax considerations and requirements that would impact business product design.
  • Collaboration with key business partners, Global Corporate Tax team and Global Custody Product Tax team to address all spectrums of tax considerations.
  • Develop and define tax effective controls and measures for products and business initiatives
  • Be the tax technical center of excellence and contribute thought leadership to market / industry advocacy.
  • Support firm-wide and team specific initiatives as well as other ad hoc projects impacting the Securities Services Businesses.


Requirements / Qualifications:


  • Experienced tax professional with proven business acumen and maturity to interact with senior management and line of business personnel.
  • Professional tax experience in a tax advisory role.  Experience within the financial services industry is preferred, particularly in the custodian bank, funds or asset management sector.
  • Knowledge of financial market products, broad Asia tax experience and knowledge of international tax principles and processes (including fund structures; asset management vehicles; tax residency; beneficial ownership status; and tax treaty entitlements etc.) would be highly beneficial.
  • Ability to critically analyze business operations and transactions from a tax perspective with an appreciation of the wider business perspectives (e.g., legal, compliance, reputation, operation etc.).
  • Strong communication (both written and verbal), partnership and leadership skills, attention to detail and positive / proactive attitude.