Executive Director, UK Taxation, Europe & Asia Pacific

BUSINESS UNIT DESCRIPTIONEffectively communicates and works with Head Office Tax to ensure the accuracy and compliance of consolidated tax reporting for UK, Europe and Asia Pacific regions, aligning with the requirements and deliverables from a consolidated perspective. Ownership and management of the taxation compliance functions across UK, Europe, and Asia Pacific including Ownership of London Branch corporation tax computation and return Calculation and management of quarterly instalment payments Review of VAT returns prepared by Finance colleagues and submission via external provider Maintenance and review of VAT special partial exemption method Calculation and payment of any UK Bank Levy liability UK regulatory returns e.g. BBSI returns, Corporate Interest restriction, AEOI etc Oversight of the Luxembourg and Asia Pacific Compliance functions in conjunction with external advisers Luxembourg Net Wealth Tax reserve management Luxembourg VAT returns Tax aspects of Luxembourg annual audit and reporting for statutory accounts Transfer pricing compliance and reporting requirements across Europe and Asia Pacific, and support in respect of related policies in collaboration with Taxation Group team members Training responsibility for junior team members Oversight of tax month end tax reporting processes for Europe and APAC. In collaboration with Taxation Group team members, lead and manage the implementation and maintenance of tax proposals or tax aspects of a transaction including, serving as a team member on multifunctional projects, interpretation and resolution of tax issues, reviewing transaction documents and monitoring and ensuring ongoing compliance with tax guidelines. Ensure that roles, responsibilities and accountabilities as regards taxation matters are defined and understood, with revisions as and when appropriate to reflect changes in the needs of the businesses, regulators and legislation. Maximize effectiveness of tax knowledge transfer by encouraging tax awareness and compliance culture amongst client business groups. Selectively channeling effort to groups with the greatest and most pressing Provide the necessary guidance to business units in order to ensure that business plans are both formulated and implemented in a manner consistent with the relevant local taxation, legal and regulatory regimes and the Bank's own internal policies. To interact with taxation authorities or regulatory agencies as required, e.g. assist with managing the continual UK, Luxembourg and APAC tax audit cycles, with consultation from Taxation Group team members. Identify, assess and analyse the tax implications of a strategic initiative or transaction, develop a comprehensive plan, manage key areas of tax risk and opportunity and provide recommendations to business partners. Manage/assist with the implementation and maintenance of tax proposals or tax aspects of a transaction including, serving as a team member on multifunctional projects, interpretation and resolution of tax issues, reviewing transaction documents and monitoring and ensuring ongoing compliance with tax guidelines. Help develop the skills of more junior team members. UK CA and/or CTA with 7 years or more years of tax experience or legally qualified with prior experience in accounting, finance or related field. Sound technical taxation and corporate planning knowledge and sound commercial sense. In-depth technical knowledge of UK tax laws and regulations, in particular direct and indirect tax aspects of banking and financial services. Management of tax planning and compliance issues Experience in providing tax advisory services, and the necessary strategic, commercial and communication skills to support this An understanding of equivalent laws, directives and regulations impacting the Bank's clients and operations in the rest of Europe and Asia Pacific and our regulators in order to effectively formulate policies and procedures for Europe and Asia Pacific. Knowledge of industry and market practices, products and services sufficient to analyze complex issues and developments and apply such knowledge to the Bank's own practices, products and services; reshaping the Bank's practices and procedures in order to align with and conform to industry norms. Collegiate participation in appropriate forums aimed at anticipatory and pre-emptive action to minimize risk of unnecessary Governmental, legal or regulatory scrutiny. Results-oriented, self-motivated, proactive and proven ability to work independently. Focused, thorough and disciplined in approach. Decisive, confident and comfortable working closely with and collaborating with business partners. Excellent communication skills; able to translate technical guidance into business terms and implications. Advanced problem solving skills leading to practical solutions on a broad range of matters.At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.