Tax Reporting Specialist

An opportunity has arisen for a candidate with Tax Reporting experience to join our UK Tax Reporting Team within the UK SEI Wealth Platform. You will mainly be responsible for the oversight and quality control of tax data as well as the production of a wide range of Tax Packs (UK Tax Reports, 1099, ISA, QI, FATCA and CRS administration).

What you’ll do:

• Quality Control on to the Tax Reporting system of incoming taxable transactions, including asset set ups, trades, dividends, interest distributions and corporate actions. Produce UK tax reports within required deadlines and SLA’S which accurately reflect HMRC Tax Reporting regulatory requirements.

• Log US Withholding Tax Forms (W8, W9 etc.) where SEI is the Qualified Intermediary including reconciling that US Treaty Reliefs on US Income is accurately processed from multiple custodians.

• Assist with the preparation and reconciliation of the SEI Europe and SEI Guernsey 1042, FATCA and CRS Returns annually in line with regulatory deadlines. Keep up to date with FACTA US and CRS Tax Reporting requirements.

• ISA Accounts oversight - ensuring that clients manage their ISA accounts within the regulations and that ISA reporting is produced accurately and in line with client SLA’s which are driven by the ISA Regulatory return deadlines.

• To act as a contact for SEI and client(s) on tax related issues and to provide superior customer service and solutions on client tax reporting related activities

What we need from you:

• Ideally degree educated (or equivalent) with IAQ (or equivalent).

• Experience of UK Tax reporting on CGT and Income Tax.

• Experience of interaction between tax and corporate actions within wealth management including CGT book cost oversight.

• Experience of US (i) 1099 reporting (ii) QI and FATCA reporting regimes and of (iii) reporting under the Common Reporting Standards (CRS) and (iv) ISA administration preferred.

• Solid experience within financial services, private banking, mutual funds and investment advisory is preferred as is industry knowledge of private banking, asset management and investment processing.

• Advanced Excel skills including VBA macro would be advantageous

• FSL CGIX knowledge would be advantageous.

What we would like from you:

• Self-motivated and willing to learn.

• Responsiveness, accountability and adaptability.

• Ability to handle multiple tasks with tight delivery schedules.

• Critical thinking and problem-solving skills.

• Supports a healthy team environment.

SEI’s competitive advantage:

To help you stay energised, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, strong pension plan, tuition reimbursement, hybrid working environment, and a work-life balance that enables you to relax, recharge and be there for the people you care about.

We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves.  Come build your brave future at SEI. 

SEI is an Equal Opportunity Employer and so much more…

After over 50 years, SEI remains a leading global provider of investment management, investment processing and investment operations solutions. Reflecting our experience within financial services and financial technology our UK office is based between the City of London and the growing technology hub of Shoreditch. The open plan nature of our office space, flowing lines and numerous art installations are designed to encourage innovation and creativity in our workforce. We recognise that our people are our most valuable asset and are (literally) invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance and offer our employees benefits, which include private medical care for you and your family, access to GPs online for appointments, enhanced family leave, volunteer days, access to thriving employee networks and not forgetting free fruit.

SEI Investments (Europe) Ltd (‘SIEL’) is authorised and regulated by the Financial Conduct Authority (FRN 191713).

AI Acceptable Use in the application and interview process:

SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives.  If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.