Senior Taxation Manager - Product & Operational Taxes Senior Taxation Manager - Product & Operational  …

Man Group
in London, England, United Kingdom
Permanent, Full time
Last application, 18 Jun 19
Negotiable
Man Group
in London, England, United Kingdom
Permanent, Full time
Last application, 18 Jun 19
Negotiable
Senior Taxation Manager - Product & Operational Taxes

About Man Group

Man Group is a global active investment management firm, which runs $112.3bn* of client capital in liquid and private markets, managed by investment specialists based around the world. Headquartered in London, the firm has 15 international offices and operates across multiple jurisdictions. Our business has five specialist investment engines, which represent the range of our capabilities: Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.

These engines house numerous investment teams, working collaboratively within the framework of Man Group, with a high degree of investment autonomy. Each team benefits from the strength and resources of the firm's single operating platform, enabling their primary focus to be seeking to generate alpha for clients. The teams invest across a diverse range of strategies and asset classes with highly specialised approaches, with long only and alternative strategies run on a discretionary and quantitative basis in single and multi-manager formats. Our clients are at the heart of everything we do and we engage in close dialogue with our investors as strategic partners, to understand their particular needs and constraints. Man Group's investment teams are empowered and supported by our institutional infrastructure and technology, which aims to facilitate the efficient exposure to markets and effective collaboration across the organisation.

Through the Man Charitable Trust, Man Group is committed to promoting literacy and numeracy on a global scale, and to supporting charitable causes more broadly.

Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com

For more information about Man Group's commitment to diversity and inclusion, please visit www.man.com/diversity

*As at 31 March 2019. All investment management and advisory services are offered through the investment "engines" of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).

Purpose of the role

The Senior Manager - Operational and Fund Taxes will have responsibility, with the Head of Tax, to oversee the tax affairs of the investment solutions provided by Man Group Globally.

The Tax Department, based centrally in London, manages and advises the Group's business units globally in relation to product development, investment issues, tax risk and compliance oversight and AEOI throughout a product's lifecycle.

The Group has investment products with global investment strategies including Equities, Fixed Income, Derivatives and Real Estate, with funds based in 9 jurisdictions.

Specific responsibilities

The chosen candidate's responsibilities will include:

  • Providing tax advice on product development across all business units ensuring the advice is appropriate to the investment distribution strategy.

  • Staying up to date with global legislative and market developments, understanding how these changes impact the Group's investment products and advising the business how to react appropriately.

  • Overseeing the Group's AEOI responsibilities, working with the AEOI Manager and Middle Office teams to ensure that the Group and its investment products meet their AEOI obligations.
  • Overseeing and supporting the compliance obligations for the funds, including ASC 740/IFRIC 23, investor reporting in USA and European countries.
  • Oversee the tax risk management framework for all of the Group's investment products including Real Estate strategies in USA & Europe, including the maintenance of internal policies and framework documents.
  • Manage and negotiate budget for provision of services by external providers including communication with business unit COOs.
  • Working as part of the senior team members within the Tax Department to ensure the Group is appropriately resourced and team members' career development is appropriately managed.

The successful candidate is expected to build strong working relationships and maintain responsive and open channels of communication with all stakeholders with whom they are working and to demonstrate an appreciation of the commercial context in which decisions are made. Additionally, the role requires that close working relationship with other departments at Man Group and the ability to maintain effective, clear and consistent communication with senior management.

Key competencies

Relevant experience working with tax issues associated with investment into highly liquid withholding tax and other non-resident tax issues, such as ASC 740/IFRIC 23, for equities and fixed income investments in highly liquid strategies

  • Relevant experience developing fund structures for global distribution
  • Experience managing the tax risk management framework for a large asset manager
  • Experience working with private market debt and real estate strategies would be an advantage.
  • An understanding of key US investor issues would be an advantage.
  • Experience is likely to be gained in house at a large asset management company or within Big Four practice undertaking investment tax advisory and compliance work.

This is a unique opportunity for a candidate with a background in to develop legal, commercial and communication skills in the context of alternative investments and finance.

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