Asset Management US Tax Compliance - EMEA

We are looking for a Tax Specialist to join our UBS Asset Management Tax Team as an Associate Director. the job holder is expected to:

• Collaborate with all business areas of AM across the US region to manage and resolve tax issues related to AM products, including the development of new products and providing specialized asset management tax advice on structuring and efficiency at the fund, investor, and portfolio levels.
• Oversee annual tax compliance processes for various fund types (trading funds, private credit funds, fund of funds, mutual funds), ensuring adherence to all relevant regulations.
• Manage and monitor FATCA/CRS, FBAR, 1099, and shareholder reporting for UBS AM Funds.
• Serve as the primary contact for investor inquiries regarding tax reporting deliverables, ensuring timely and accurate responses and thorough reviews of investor deliverables (e.g., K-1 forms, estimated tax letters).
• Ensure timely filing of all tax returns and compliance with Group Tax policies and supplements.
• Manage tax risk (financial and reputational) across the region, including, but not limited to: o Regular reviews and reporting of tax risk issues to the US Head of AM Tax. o Implementing procedures and controls to mitigate tax risk. o Monitoring tax and operational risk related to third-party service providers (fund administrators, advisors).
• Provide prompt and comprehensive responses to investor inquiries.
• Support portfolio managers by addressing fund-related questions concerning jurisdictional requirements, diversification tests, and withholding tax matters.
• Support business initiatives through the TRPA process, including pre- and post-launch conditions and coordination with Group Tax specialists for country-specific and indirect/specialist tax sign-off.
• Manage the appointment and oversight of external advisors on tax matters, ensuring compliance with UBS internal contract management requirements.
• Review of tax wording in fund documentation and other AM relevant legal agreements.
• Build and maintain relationships with senior management and UBS Group stakeholders to establish and communicate tax priorities based on changing regulatory environments.
• Engage the business in tax matters, reconciling the competing imperatives of the management of tax risk with commercial and regulatory drivers of the business.
• Ensure that the AM business adhere to the Group Tax policies and supplements.
• Manage various tax control and governance documents for US AM business including periodic update of the existing documents and creation of new documents where required.
• Provide the business with regular updates and training on tax and regulatory developments.
• Assist in regulatory projects where a tax expert is required (e.g. FATCA, CRS, CARF, s871m, Financial Transaction Tax).
• Build and maintain relationships with UBS Group functions (e.g. Finance/Legal) and other UBS divisions (Global Wealth Management and Investment Bank) to build the profile of AM Tax, and to ensure the transfer of knowledge for the benefit of the UBS Group. In a time of increasing regulatory and operational challenge, coupled with a growing business globally, we are looking for an experienced tax professional who enjoys working in a dynamic and constantly developing environment. The job holder will be responsible for the proactive management and resolution of tax issues, as well as for the implementation of necessary procedures and controls regarding tax risk management in AM business across the United States region.