Director, Client Tax Advisory
Job Description
Description
Requisition ID:
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
As the Director, Client Tax Advisory you will contribute to the overall success of the Client Tax Operations & Advisory Centre of Excellence (Tax COE) in Canada, cultivating an inclusive environment that encourages cross-functional collaboration within the organization to deliver exceptional results to clients. You will lead a high performing team in providing tax planning & advisory to the various business units within Scotia Global Wealth Management and Global Banking & Markets.
Is this role right for you? In this role you will:
- Lead a team of tax professionals and operation specialists, overseeing domestic and international tax reporting and compliance.
- Spearhead tax advisory and planning for all asset management product initiatives, engaging with internal and external stakeholders to ensure alignment and optimal outcomes throughout the product cycle.
- Act as a tax advisor to senior investment team and portfolio managers, supporting tax advisory and review of complex investments for the funds, including conducting tax due diligence of underlying issuer, leading tax calls, identifying related Canadian and foreign tax risks, negotiating tax side letter provisions and implementing reporting procedures to comply with Canadian reporting obligations.
- Develop and/or guide tax and operating policies/procedures to ensure adherence to complex and evolving domestic and foreign tax regulations.
- Maintain effective relationships with external stakeholders including auditors, tax regulators, and key vendors.
- Participate as a member of relevant industry associations and foster knowledge sharing across organizations sector regarding tax regulatory changes affecting the business and operational practices.
- Manage tax audit engagements conducted by the CRA, IRS and/or other applicable tax regulatory bodies.
- Collaborate closely with product marketing and national sales team to create tax content for sales initiatives, and advisor/client brochures.
- Review and/or draft relevant tax disclosures for the investment funds prospectus, offering memorandum and other similar documents.
- Provide advisory relating to reporting & governance framework required to ensure ongoing operational compliance of CRA regulations, FATCA, CRS, IRS (QI, US filing) and other applicable regulatory tax requirements.
- Provide interpretation of regulation (CRA, IRS, QI, FTT) and guidance/support to operations and business units on client concerns, system enhancements, testing requirements and stress testing.
- Assist in design, process Improvement and best practices as it pertains to Regulatory Reporting to relevant tax authorities.
- Review withholding requirements, tax form completeness and filing QA in conjunction with Global Taxation to ensure the
Company
Scotiabank
Location
Toronto
Country
Canada
Salary
150.000
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