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You will lead the operational delivery of Global Markets withholding tax reclaim and relief at source processes across all jurisdictions, custodians, and asset classes, ensuring accuracy, timeliness, and compliance while managing day-to-day team activities and quality standards.
Job Responsibility:
Oversee and execute the daily execution of WHT reclaim filing across all custodians and jurisdictions
Manage RAS documentation workflows
Maintain comprehensive audit trail documentation for all reclaim decisions and RAS approvals
Work with Front Office & Taxation to help ensure RBC adheres to trading guidelines
Identify and escalate compliance risks proactively
Apply a formal eligibility matrix framework consistently across new accounts and trades
Enforce uniform application of eligibility criteria
Participate actively in implementing the formal eligibility matrix framework into operational procedures
Provide clear guidance to your team on framework application
Implement robust quality assurance protocols for all reclaim submissions and RAS approvals
Monitor reclaim and RAS data for anomalies
Investigate root causes systematically
Escalate systemic quality issues to Senior Tax Operations leadership
Drive corrective actions
Coordinate custodian network operations and resolve issues
Collaborate with the Front Office on reclaim eligibility constraints and account setup requirements
Coordinate with BCS Settlements on account opening and WHT/RAS requirements
Support Asset Servicing on post-trade issues affecting reclaim or RAS status
Maintain regular communication with the Taxation Group and Tax Advisors
Attend quarterly business reviews
Establish clear escalation protocols for operational issues, custodian rejections, and eligibility uncertainty
Respond promptly to Front Office escalations
Produce consolidated weekly and monthly MI reports covering reclaim and RAS status, jurisdictional trends, and processing timelines
Maintain 10-year historical reclaim and RAS data
Track performance metrics monthly to senior leadership
Supervise an Associate-level staff member with regular performance feedback
Own accountability for team performance against agreed KPIs
Foster a culture of accuracy and continuous improvement
Support the implementation of trading guidelines for priority jurisdictions
Document process improvements and lessons learned
Requirements:
Deep knowledge of international tax withholding, tax treaties, reclaim processes, and relief at source mechanisms across multiple jurisdictions
Strong proficiency in tax systems and data management tools
Understanding of Global Markets operations, asset classes, and trading workflows
Bachelor's degree in accounting, finance, taxation, or related field/similar/equivalent
Robust background experience in tax operations or similar roles
Strong experience in a supervisory or leadership capacity
CPA, CTA, or equivalent professional designation is strongly preferred
Demonstrated ability to lead and develop team members
Strong project management and process improvement skills
Strong cross-functional collaboration skills
Clear communication skills—both written and verbal
Strong analytical skills to investigate data anomalies
Ability to manage complex, multi-jurisdictional processes with attention to detail
Comfort working across multiple custodian platforms
Nice to have:
Experience with tax technology platforms and reclaim management tools
Familiarity with data visualisation tools or BI platforms
Advanced knowledge of specific tax treaties or bilateral agreements
Familiarity with tax authority guidance and regulatory trends
Experience supporting external tax audits or regulatory examinations
Track record of building relationships with custodian leadership, tax authority representatives, or external tax advisors
Demonstrated ability to communicate complex tax strategy to senior stakeholders
Experience leading process improvement initiatives using methodologies such as Lean or Six Sigma
Track record of leading or supporting major system implementations, custodian migrations, or multi-phase operational initiatives
Demonstrated success developing junior team members
Experience creating training programs or knowledge documentation
What we offer:
A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
A world-class training program in financial services