Global Custody Senior Tax Strategist

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The Global Custody Senior Tax Specialist is a senior leadership and subject-matter expert role responsible for establishing and advancing the global custody tax strategy for U.S. Bank’s Custody Asset Managers business.

• Own and maintain the business-line strategy and multi-year roadmap for global custody tax services, including withholding tax, relief at source, quick refund, tax reclaims and related investor documentation across global markets.
• Maintain authoritative knowledge of market-specific withholding regimes, tax treaties, beneficial-owner and investor eligibility rules, documentation requirements, reclaim statutes and recovery practices.
• Assess tax treatment and servicing requirements across registered investment companies, public funds, ETFs, UCITS, alternative investments, private-market structures, Cayman and other offshore funds, omnibus structures and other complex investment vehicles.
• Monitor global tax and regulatory developments and translate changes into clear implications for clients, products, operations, controls, technology and market strategy.
• Define priorities for market expansion, service enhancement, automation and differentiated custody tax capabilities based on client needs, competitive positioning, risk and commercial value.

• Serve as the senior custody tax adviser in client, prospect, consultant, due-diligence, RFP and strategic relationship discussions.
• Lead complex client conversations involving RAS eligibility, reclaim strategy, documentation, market practices, service gaps, tax leakage and recovery opportunities.
• Develop executive-level client materials, market updates, thought leadership and service-positioning content; represent U.S. Bank through conferences, panels, webinars and industry forums.
• Build productive relationships with industry associations, tax authorities where appropriate, sub-custodians, ICSDs, withholding agents, third-party tax firms, accounting firms, legal advisers and technology providers.
• Partner with Sales and Relationship Management to support complex custody opportunities, demonstrate tax expertise and incorporate scalable tax solutions into proposals and commercials.

• Partner with WCIB Operations to design and continuously improve the end-to-end operating model for tax documentation, withholding, RAS, quick refund, reclaims, exception management, reconciliation, reporting and client communication.
• Define clear business, Product, Operations, Network Management, Client Service and Technology accountabilities, escalation paths and governance for custody tax services.
• Establish service requirements, SLAs, KPIs, KRIs and client scorecard measures covering eligibility, documentation, filing timeliness, aged claims, exceptions, recoveries, tax leakage, market coverage and service responsiveness.
• Lead root-cause analysis and remediation for material client issues, recurring service failures and control gaps; ensure agreed improvements have accountable owners, milestones and measurable outcomes.
• Provide senior technical guidance on complex or…