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Group Centre - Manager, Employment & Wealth Taxes, Barclays Group Tax Job Details

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Group Centre - Manager, Employment & Wealth Taxes, Barclays Group Tax (Ref: 00020718)
Sector, Sub Sector: Other
Compliance Type: Regulatory/Compliance
Expertise: -
Company: Barclays
Location: London Europe, UK
Employment Type: -
Job Description:


Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the United States, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 145,000 people. Barclays moves, lends, invests and protects money for more than 49 million customers and clients worldwide.



Overall Job Purpose



  • Manage operational taxes projects to ensure compliance with regulatory obligations.

  • Assist in risk reviews of product offerings to both Retail Bank & Barclays Wealth clients.




Key Accountabilities



  • Providing operational, income & capital gains tax technical expertise to business lines within Commercial and Investment Banking/Global Retail Bank. Monitor changes to the legislation and Guidance Notes and cascade to the relevant business areas [15%]%3C/SPAN>

  • Assist in reviews of product offerings to customers of Barclays Wealth with particular emphasis on the Disclosure of Tax Avoidance Schemes regulations and the Code of Practice for Taxation of Banks. Maintain product database. [30%]%3C/SPAN>

  • Oversee quarterly HM Revenue & Customs (HMRC) CT61 Barclays Group reporting & liaison with Corporate Tax Reporting Team. [10%]%3C/SPAN>

  • Oversee UK and EU statutory reporting on (i) Tax Deduction Scheme for Interest (ii) ESD (iii) Payments to HMRC nominated persons [10%]%26nbsp;

  • Oversee US Internal Revenue Service reporting on Qualified Intermediary Scheme; support the IRS QI Audit regime; assist in US FATCA project [15%]%3C/SPAN>

  • Manage Barclays operational taxes risk through (a) supporting the Operational Taxes Management Forum (at each of Wealth and GRB); (b) raising operational risk events through Barclays Taxation risk process; (c) overseeing operational tax input in New Product Reviews; (d) ensuring newly acquired or restructured businesses are embedded in Operational Tax processes [15%]%3C/SPAN>

  • Provide relevant input to the Head of Operational Taxes in order to maintain an open dialogue with external Tax Authorities in UK (and wider Europe) and US. [5%]%3C/SPAN>



Person specification:



  • Proven manager of people and time (delivery of objectives / projects)

  • Experience of risk management / escalation

  • Technical expertise - to ATT standard as a minimum

  • Proven networking skills - the role covers a substantial proportion of the commercial organisation where there is significant "churn" of key contacts

  • Willingness to travel - especially within the UK




We will judge you on your ability and nothing else.

Job Ref No: 00020718