Senior Tax Manager

Job Description

Join Our Team as a Senior Tax Manager, UK About Us: At Standard Chartered Bank we are dedicated to maintaining the highest standards of tax compliance and risk management. As a Senior Tax Manager in our dynamic team, you will play a pivotal role in ensuring that our UK direct tax responsibilities align withour strategic goals while staying within our risk appetite. We pride ourselves on our commitment to excellence and our ability to provide technical support to our global business. Position Overview: We are looking for an experienced and dedicated Senior Tax Manager to join our UK and Europe Tax team. In this role, you will work closely with the Head of Tax, UK & Europe, to oversee various aspects of UK direct tax. Your responsibilities will include managinginternal and external stakeholders, providing UK tax technical support, and contributing to the success of our business within our risk parameters. Key Responsibilities:Strategic Partner:• Align tax strategies with our Group Strategy to ensure tax compliance and efficiency. • Collaborate with external advisors to provide expert UK direct tax advice and support on corporate transactions. • Coordinate with various tax teams to ensure a cohesive approach to tax advice. Business Support:• Proactively manage UK direct tax issues to enable business success within our risk appetite. • Provide timely UK direct tax technical advice to internal stakeholders on transactions. • Manage relationships with key internal stakeholders to reflect UK tax impacts in compliance and provisions. Process Enhancement:• Offer tax technical guidance for forecasting and reporting processes, including UK corporation tax and the UK bank levy. • Support the UK tax compliance processes, focusing on significant areas such as the CFC regime, bank levy, Global Minimum Tax, corporate interest restriction rules, and more. • Monitor the UK groups position under various UK tax rules and assist with the withholding tax return process. Risk Management:• Manage UK direct tax risk in line with the Groups risk appetite. • Foster relationships with external stakeholders, particularly HMRC and tax advisors, for UK direct tax matters. Governance:• Oversee governance arrangements relevant to UK direct tax. • Lead the Senior Accounting Officer process for the UK group. • Demonstrate a commitment to understanding and adhering to risk and compliance requirements. Regulatory Excellence:• Uphold the highest standards of ethics, regulatory compliance, and business conduct. • Collaborate with the UK Country Tax team and other stakeholders to maintain effective relationships and compliance. Other Responsibilities:Act as the primary UK tax technical resource to the UK Country Tax team, assisting the Head of Tax, UK & Europe, with sign off and approvals on such matters where agreed. This includes assisting with the groups implementation of the Global Minimum Tax ("GMT"),specifically the tax technical, modelling, and calculation for the group. Qualifications: To excel in this role, you should possess the following qualifications:• Extensive experience as a Tax Manager or Senior Tax Manager. • In-depth knowledge of UK direct tax regulations and compliance. • Strong communication and stakeholder management skills. • Proven ability to understand and navigate complex tax matters. Key stakeholders:Head of Tax, UK & Europe; UK Tax Authority ("HMRC") client team; UK Finance Tax Committee; UK Financial Controller; Global Process Owner, Tax; Regional Tax Lead, Africa, Middle East and Europe & Americas; Global Head of Tax - Businesses, Head of Tax Asia; CIBand Client Businesses; Head, Group Tax Reporting Ready to Make a Difference If you are a tax professional who is ready to take on a challenging role, contribute to our success, and drive tax excellence, apply today to join our dedicated team.