Operational Tax Associate Director

7 days ago


montréal, Canada National Bank Full time

A career as an Associate Director in the Financial Resource Management team at National Bank means acting as a specialist in operational tax for our international businesses. You will act as an expert on withholding processes and provide related guidance on dividends, corporate actions, financial transaction tax, capital gains, tax reclaims, and tax documentation related to multiple international jurisdictions and custodians.

As a tax business specialist, you will develop a close relationship with Financial Markets operations and with Financial Markets business lines involved with securities trading. They will also partner with the Tax Advisory function from NBC corporate Finance to address and mitigate risks associated with operational processes prompting for tax advice.

The role will span over Financial Markets and Wealth Management areas as needed.

Your job

  • Provide guidance to the Operational Tax Reclaim team, and to the Corporate Action team
  • Map and maintain Tax Documentation requirements with NBC group’s Custodial and Tri-Party platforms
  • Maintain active knowledge of industry changes and trends affecting NBC businesses
  • Assess tax documentation requirements and provide related support related to new jurisdictions contemplated for custody, tri-party or bilateral trading as needed
  • Where applicable, identify risks and provide mitigating solutions with processes linked to tax operations such as Withholding Tax/FTT/Stamp Duty/Capital Gains Tax and related reporting
  • Act as a subject matter expert while interacting with the New Products and Activities groups, Operations, and selected business areas
  • Actively participate in select business or regulatory initiatives

Your team

The Financial Resource Management team works closely with Financial Markets traders and business heads, advising on optimal allocation of financial resources. It oversees business development and assesses related regulatory and tax operations processes for efficiencies. It also secures the delivery of critical regulatory projects affecting Financial Markets and as needed, Wealth Management. 

You will report to the Managing Director, Financial Resource Management, Optimization and Regulatory-Tax. 

Efficiency and teamwork are core values for the team that evolves in a fast paced environment. The group is always on the lookout for optimized processes securing business' success in a context of constrained financial resources.

This position can be based in Montreal, Toronto, New York City or London (UK).

Prerequisite

  • A degree in business, finance, tax, accounting, or another complementary discipline with relevant exposure to capital markets
  • Minimum of 5 years in an international tax operations environment
  • EMEA tax exposure
  • Demonstrated problem-solving mindset, collaborative approach and strong desire to learn
  • Strong interpersonal skills with the ability to build effective working relationships with various business functions across Financial Markets and Wealth Management
  • Self-starter who can work under their own initiative
Your benefits
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.
  • Health and wellness program, including many options
  • Flexible group insurance
  • Generous pension plan
  • Employee Share Ownership Plan
  • Employee and Family Assistance Program
  • Preferential banking services
  • Opportunities to get involved in community initiatives
  • Telemedicine service
  • Virtual sleep clinic
These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.
We're putting people first
We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees.
We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates What can you bring to our team?
Come live your ambitions with us

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