International Tax International Tax Analyst​/Associate – Financial Resource Management

NBCCM is an indirect wholly owned subsidiary of National Bank of Canada (“NBC”). The main strategic purpose of NBCCM is to enable the NBC Group (“NBC Group,” meaning National Bank of Canada and all its subsidiaries) to grow and diversify its presence in Europe, Asia & MENA, while allowing for the natural development of its existing business relationships and the establishment of new ones in global markets.

NBC has over 150 years of history and is currently the sixth-largest Canadian bank. Through its branch and subsidiary network, NBC can service clients throughout North America, Europe, Asia & MENA. NBC’s strategy is to further develop NBCCM as its hub for trading and financial services in Europe.

We are looking for a highly analytical and proactive Analyst/Associate to join our Financial Resource Management team in London. This role sits at the heart of our Capital Markets activities, supporting the optimisation of structures and processes under capital, liquidity, regulatory and operational tax constraints.

A key focus of the role will be supporting senior experts on international and operational tax matters across multiple jurisdictions, including withholding tax, corporate actions, financial transaction taxes (FTT), stamp duties, capital gains taxes, tax reclaims and related tax documentation.

The successful candidate will work across international markets and engage with custodians, sub-custodians and other external partners to understand and manage tax requirements arising from cross-border Capital Markets activities.

Join a high-impact team in Capital Markets where financial strategy meets innovation. As an Analyst or Associate in the Financial Resource Management team, you’ll play a key role in optimising Capital Markets structures and processes under capital, liquidity, regulatory and operational tax constraints.

A significant focus of the position will be international tax within a Capital Markets, securities and custody environment. You will support the team’s senior experts in analysing and optimising withholding tax processes related to dividends and corporate actions, financial transaction taxes, stamp duties and capital gains taxes.

You will also support tax reclaim activities, international tax documentation, reporting requirements and the assessment of tax requirements associated with operations across multiple jurisdictions and custodians.

You’ll work closely with Global Finance and Global Equity business lines, as well as Wealth Management areas when required. Collaboration with the Corporate Tax Advisory team, international offices, custodians, sub-custodians, triparty agents and other external partners will be central to your success.

• Map, assess and maintain international tax documentation requirements with the National Bank Group’s custodians, sub-custodians and triparty agents.
• Assess tax documentation and operational requirements and actively collaborate on the onboarding of new international jurisdictions and markets, including working with custodians, sub-custodians, triparty agents and, where applicable, within bilateral relationship arrangements.
• Support the assessment and optimisation of withholding tax processes, including those relating to dividends and corporate actions across different jurisdictions.
• Support tax reclaim activities and associated documentation requirements across international markets.
• Identify and help mitigate international and operational tax risks relating to withholding tax, financial transaction taxes (FTT), stamp duties, capital gains taxes and associated reporting obligations.
• Analyse tax requirements affecting cross-border securities and Capital Markets activities and support the implementation of…