VP, Tax Finance

Overview: 

Lloyds Bank Corporate Markets, plc (“LBCM”) forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers globally. We have been operating in North America for over 100 years, providing a client-focused approach for global businesses with strong links to the UK. Our New York operations provides a gateway between the UK and North America for financial institutions and large corporate clients, offering core banking products such as lending, trade finance and a range of debt capital and financial markets services through our US broker dealer, Lloyds Securities Inc.

Lloyds Bank is committed to attracting, retaining and developing the best talent in the industry and embracing the diversity of our people. We offer our colleagues ongoing training, development, mentoring and networking opportunities, as well as competitive benefits and vacation leave. We are dedicated to working with our community and offer a range of volunteering and fundraising activities throughout the year.

Diversity and inclusion are a part of who we are at Lloyds Bank. Lloyds North America strives to create a culture where every individual feels included, and empowered to be their best. Providing equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership in the uniformed services, genetic information, or any other class protected by applicable law.

Lloyds values diversity in all backgrounds and experiences and wants their employees to bring their “whole self” to work!

Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Lloyds North America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Human Resources Dept at: NRHR@lbusa.com

Role Overview:

To provide efficient and high quality income tax solutions and services which meet the requirements of the business and are within appropriate levels of risk control and regulatory compliance.

Key Tasks and Responsibilities of the role include, but are not limited to:

• Ensure timely and accurate preparation and review all income tax returns and other income tax reporting documents, as well as applicable operational returns, for all businesses within the North American Division. This includes the completion of income tax estimates and the establishment of accurate income tax provisions.
• Ensure that the relevant financial information, interpretation, analysis and support are provided in a timely manner.
• Understand the products and services provided to customers, and the relevant tax implications.
• Interpret external market developments, statutory regulations and internal Group requirements, ensuring effective policies and procedures are developed to meet these needs and to support the achievement of business unit objectives.
• Lead projects affecting own function, defining plans and resource requirements and ensuring results are achieved within the required time, cost and quality parameters.
• Participate in projects for the relevant business divisions, evaluating financial costs and benefits. Recommending solutions which meet business goals whilst minimising the Bank’s tax risks.
• Build and maintain effective working relationships with other finance units, providing input to Group discussions and decisions and identifying / implementing initiatives to enhance business performance.
• Responsible for knowing, understanding, and aligning with all Bank and governmental rules and regulations that pertain to their job (details of such can be obtained from the supervisor and/or Local Compliance Dept).
• Responsible for reporting to the Chief Risk Officer or to the Head of Compliance any non-compliance with LBCM or governmental rules or regulations that may come to the employee's attention in the course of their employment.

Education and Experience Required:

• BS or BA Degree in Accounting or Finance
• Advanced degree or equivalent experience in Taxation a plus
• Certified Public Accountant
• Minimum 7+ years of active experience with Federal, state and local income tax compliance with an emphasis on the US tax rules that apply to US branches of foreign banks
• Intermediate knowledge with Microsoft Excel and Word
• Experience with leading accounting firm or financial institution a plus
• Experience with OneSource or similar tax software
• Experience with Bloomberg BNA or similar research applications
• Work independently and take ownership, capable and willing to learn
• Strong initiative and self-motivation, with leadership skills
• Be responsible for gaining up-to-date relevant income tax technical knowledge required for the role

Key Knowledge and Skills: 

• Oral and written communication
• Analytical skills
• Procedural/Product/Specialist knowledge
• Organized and detail oriented
• Strong interpersonal skills

Salary Range: $140,000 - $160,000