Senior Tax Analyst (Tax Transparent Funds)

An exciting opportunity to join the International Tax Services (ITS) group. The role will focus on supporting Northern Trust's high-profile and growing number of Tax Transparent Fund (TTF) clients.  The provision of tax services to TTF clients comes with some unique challenges and processes which require an enhanced level of support and oversight. The successful candidate will be exposed to all aspects of NT's TTF tax service offering (e.g. client/investor on-boarding, tax rate analysis, tax reclaim/documentation oversight, query management, periodic reviews). In addition, the successful candidate will play a leading role in developing and supporting a new tax service offering to one of the bank's most high-profile and profitable clients The role will provide exposure to a wide variety of functions carried out by a global custodian. It will also involve a significant amount of direct interaction with clients and their associated relationship/account managers. Where appropriate, the candidate will also be expected to interact with local sub-custodians and tax authorities. Due to consistently evolving client needs and market developments the candidate will have the opportunity to take a lead role in undertaking the required reviews/actions to meet these needs. Similarly there is significant scope for the candidate to identity and improve operational efficiencies and client servicing opportunities Extensive training will be provided to develop the candidate's skills and subject matter knowledge, allowing them to support all TTF tax functions Key Functions and Responsibilities Support the on-boarding of new TTF clients/investors from a tax perspective On-going support and oversight of TTF clients, ensuring correct tax treatment is being applied and in a timely manner Execute bespoke processes required to support TTF client needs Develop and maintain up to date procedures Production of periodic statistics and highlight any areas of risk Resolve queries from clients, colleagues and the local sub-custodian Non-Technical Skills Good organisational skills and a keen eye for detail Bright, articulate and entrepreneurial with a demonstrated ability to navigate through obstacles and work under pressure Proactive, with the mind-set to challenge existing processes with suggestions of how processes can be improved Strong time-management skills with the ability to effectively prioritise tasks according to their level of urgency and importance Excellent communication skills, verbal and written Knowledge/ Skills Knowledge of dividends, asset servicing and withholding tax would be an advantage. Strong MS office skills, including the ability to extract and analyse large data sets Experience This role will ideally suit a candidate with 2 years + experience working in an operational role within a financial institution. An understanding of dividends, asset servicing and withholding tax would be an advantage. The successful candidate will be organised, proactive and articulate. About Northern Trust For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater. Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion. As of December 31, 2017, Northern Trust Corporation had: $139 billion in banking assets $8.1 trillion in assets under custody $10.7 trillion in assets under custody/administration $1.2 trillion in assets under management