Job Description
The Custody Tax Product management role forms part of the product management function focusing on the management and control of the Global Custody business.
Job summary
As a Vice President in Custody Tax Product team, you will be responsible for the end-to-end management of the custody tax service offering. You will leverage your tax technical knowledge and experience by translating tax law into business requirements and by setting, maintaining, and owning tax service definitions for the custody business in the EMEA region, providing subject matter expertise and guidance to business partners in relation to the custody tax product, and engaging in industry representative efforts related to new or amending tax legislation and associated administrative procedures. As a self-starter with a passion for identifying and implementing solutions to problems, you will partner with J.P. Morgan's clients and internal stakeholders to develop solutions to enable clients to manage tax aspects of their global portfolio investments, to assess the impact of regulatory developments on the custody tax service offering, to implement appropriate business solutions, and to provide implementation oversight for new and/or enhanced product features and functions. You will act as the face of the Tax Product with clients by supporting client meetings .
In this role, you will also be engaged in governance and quality assurance of custody tax solutions and operating models, as well as assessing opportunities and threats of external and internal changes from a tax perspective.
Job responsibilities
- Monitoring and communication of tax changes and their implications across markets, to J.P. Morgan's operations, custody business locations, and their respective clients
- Drafting and maintaining relevant internal and external materials reflecting J.P. Morgan's tax service offering as well as the current state of local law, treaty, including entity level taxation of various types of investors
- Managing tax information in J.P. Morgan's Tax Intelligence platform
- Working with local sub-custodians to oversee the tax service in the local markets
- Drafting of market flashes and associated policies, and tax product materials
- Assisting the business in managing and mitigating tax risk
- Partnering with J.P. Morgan Corporate Tax, Legal and Product teams to develop new tax products and create business proposals for clients and prospects
Required qualifications, capabilities, and skills
- You demonstrate tax technical knowledge / experience working with tax laws of various jurisdictions with a focus on EMEA markets
- You have a knowledge of securities taxation principles and tax considerations impacting institutional portfolio investors and custodians
- You have a knowledge of tax considerations impacting institutional portfolio investors and custodians
- You demonstrate excellent written and verbal communication skills with the ability to provide tax regulatory and product updates for internal stakeholders and external clients
- You have strong analytical ability with attention to detail
- You are capable of managing multiple competing priorities and stakeholders
- You have at least 5+ years' experience working in a professional services firm or financial services firm
Preferred qualifications, capabilities, and skills
- You have strong presentation skills and previous client facing experience
- You have ability to collaborate with cross-functional teams in multiple locations
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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