Transfer Pricing Tax Manager

As a Transfer Pricing Tax AVP, you will be responsible for:

• Managing the transfer pricing end-to-end lifecycle as needed for certain Barclays’ business lines. This will include leading functional analysis and developing appropriate transfer pricing methodologies.
• Supporting the preparation of transfer pricing documentation in line with OECD TP principles, including economic analysis.
• Conducting periodic transfer pricing calculations and supporting the implementation of transfer pricing processes, controls and periodical monitoring.
• Responding to internal and external transfer pricing tax inquiries and assist stakeholders with transfer pricing issues in a timely manner.

The preferred candidate should be ACA/ICAS qualified (or equivalent professional qualification) and have strong UK tax and transfer pricing knowledge, ideally in the financial services industry.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

To provide expert tax advice and guidance to the bank including, analysis of complex tax issues advising on appropriate tax risk management of business activities (including M&A) and managing tax authorities and other stakeholders. 

Accountabilities

• Provision of tax planning, in accordance with Barclays tax principles, and advisory services to the bank.
• Management of tax risks arising from the bank's business activities, investments, and financial transactions and development of tax risk management strategies to mitigate potential tax liabilities and protect the bank's financial interests and reputation.
• Analysis on complex tax issues to support tax planning strategies, compliance matters, and risk management initiatives.   .
• Analysis of the tax implications of potential mergers, acquisitions, divestitures, restructurings, and other strategic transactions, and development of tax-efficient structures for complex transactions.
• Liaising with tax authorities and resolving legacy tax risks.
• Identification and assessment of potential tax risks associated with complex transactions (including potential mergers, acquisitions, and restructuring) and development and implementation of tax risk mitigation strategies to minimise the potential impact.
• Stakeholder management to ensure that tax requirements and the associated risks are understood and appropriately managed.
• Analysis of relevant developments in tax law to ensure the impact on Barclays is understood and appropriately managed.
• Analysis of business and products changes from a tax risk perspective, and inputting into firm-wide processes such as NAPA (New and Amended Product Approval).

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.