We have a permanent opportunity for a Senior Tax Manager to lead our centralised Tax Operations Team. The role will be based in our Isle of Man office.
Who We Are
Nedbank Private Wealth is a multi-award-winning private bank and wealth manager headquartered in the Isle of Man, with branches in London, Jersey and a representative office in the UAE. The company provides a full international wealth management offering through its wealth planning, investment management, and banking services, to both business and private clients worldwide.
All our people are expected to consistently demonstrate our 6Cs, Collaboration, Curiosity, Courage, Client Impact, Can Do Attitude and Completeness.
Job Purpose
The role holder will lead the centralised tax team responsible for all client-related tax processing. Centralisation is designed to reduce handoffs between teams, improve client experience, and provide clear accountability for client tax obligations across the business. The role ensures robust compliance with FATCA, CRS, and QI regimes, as well as high-quality client tax reporting, within a dynamic international financial services environment.
Responsibilities & Duties
- Lead and manage the centralised client tax processing team, ensuring efficient, accurate, and timely delivery of all client-related tax reporting and compliance activities.
- Oversee and ensure compliance with FATCA, CRS, and QI requirements, including accurate documentation, withholding, and reporting to relevant authorities across all jurisdictions where the business operates.
- Maintain and manage the corporate timetable for tax reporting and payments, reviewing tax reports and data prior to submission.
- Operate horizon scanning processes to monitor and assess the impact of new or revised tax legislation and regulatory changes, implementing necessary updates to procedures and controls.
- Provide technical guidance and practical support to operational teams and client-facing colleagues on all matters relating to client tax compliance, drawing on Group and external expertise as required.
- Ensure the quality and accuracy of client tax documentation (e.g., self-certifications, W-forms), including precise classification of entity types and periodic refresh cycles.
- Act as a point of referral for tax compliance queries across jurisdictions (Isle of Man, UK, Jersey, South Africa, Dubai), collaborating with Relationship Managers, Private Bankers, Operations, Finance, and Risk.
- Drive continuous improvement in tax processes, systems, and controls to strengthen data integrity, operational resilience, and audit readiness.
- Prepare management information and governance reporting, including KPIs, incident/root-cause analyses, remediation progress, and regulatory submissions status.
- Manage interactions with tax authorities and external stakeholders (e.g., custodians, brokers, professional service firms) for audits, reviews, and ad-hoc requests, ensuring transparent, timely responses.
- Update and embed policies, procedures, and training across the tax control environment, aligning to international standards and Group principles.
- Investigate and resolve tax compliance incidents and data issues, escalating appropriately and implementing corrective/preventive actions.
- Contribute to cross-functional operational projects that enhance client experience and business scalability, ensuring tax considerations are designed in from the outset.
- Champion fair customer outcomes and uphold applicable regulations and best practice standards in all jurisdictions where the firm operates.
Skills and Experience
- Broad, hands-on tax knowledge and experience within the financial services sector, covering FATCA, CRS, QI, client withholding obligations, and securities/tax concepts relevant to private banking and wealth management.
- Proven experience in taxation or accounting within financial services, including multi-jurisdictional client tax reporting.
- Proven people management experience.
- Strong working understanding of tax requirements and regulatory frameworks in at least one of Isle of Man, UK, or Channel Islands; broader international exposure desirable.
- Proven experience in risk classification and handling tax-related documentation and data quality controls for complex client structures (trusts, corporates, foundations, funds).
- Proficiency with Microsoft Word, Excel, Outlook, PowerPoint, and comfort with data reconciliation and reporting MI.
Qualifications
- Member of the Chartered Institute of Taxation and/or a Chartered Accounting qualification (e.g., ACA/ACCA).
- Additional certifications related to tax compliance, financial services regulation - Advantageous
- Responsible Officer responsibilities are advantageous.
To Apply
We encourage you to apply well in advance of the deadline and if you are successful, we will meet with you as soon as possible.
Our Commitment to Diversity
Nedbank Private Wealth is an inclusive employer where everyone can thrive. We are proud of the value we place on individuality, and we want you to bring your full self to work and maximise your potential. Please let us know if you require any adjustments to support you.
Direct Applications Only