Tax Specialist - Alternatives

Job Reference #

333122

Amsterdam, London, Zürich

Full Time

Do you have experience with structuring alternative investment products and transactions? If you have worked in a Big 4 or law firm, do you want to help develop innovative products for clients in the alternative space from a tax perspective?

We’re looking for a tax specialist to:

• work closely together with external tax advisors to support Global Real Assets (GRA) and Unified Global Alternatives (UGA) colleagues with the tax structuring and tax due diligence requirements of alternative investments globally
• review and agree the tax due diligence and tax structuring reports delivered by external tax advisors; ensure that all relevant tax findings and risks identified in those tax due diligence reports are reflected properly in side letters to be discussed and agreed with third‑party Fund management teams
• work closely with Product Management to manage capital calls and distributions to investors in accordance with the applicable tax laws and fund agreements
• support the Product Development teams with the tax structuring of new products
• support the various internal teams with all tax related topics, including the overview of monthly, quarterly or annual tax compliance obligations of the relevant Funds
• assist the Portfolio Managers with tax due diligence and structuring work streams relating to GRA and UGA transactionsmanage the tax reporting of certain fund products, if needed (such as German, Swiss and / or Austrian Tax reporting) and ensure that it will be done properly and in time
• support the relevant teams in engagement of external tax advisors and ensure all tax advisory fees are calculated and paid by the relevant Funds, as applicable, in accordance with the concluded agreements
• work closely with Product Management to support them in preparing performance reporting for the Funds to ensure that the tax related wording is accurate
• assist Portfolio Managers to ensure that the tax data used in the various financial models are accurate
• support the Portfolio Managers and Product Management team with any tax related ad hoc questions
• support the implementation of regulatory matters within Alternatives in close collaboration with Asset Management from time to time

This is an exciting opportunity to influence the design of best-in-class alternative investment products and work on complex global tax transactions.

You’ll be working in the Alternatives Tax team with presence in London, New York, Munich, Hong Kong and Amsterdam and you will be based in London, Zurich or Amsterdam.

In close support to the Global Head of Tax (based in Amsterdam) and the EMEA & UK Head of Tax (based in London) as well as in close collaboration with external tax advisors, you will manage the tax structuring and tax due diligence as well tax reporting requirements for a certain portfolio of products. Your main focus will be the fast‑growing Fund of Funds business, but it is also intended to work in a wider scope of responsibility depending on capacity and experience.

It is also intended that you will support the business with the implementation of regulatory changes impacting the Alternatives product shelf. You will be working in a small and dynamic team in Europe, APAC and US and will have strong interaction with the portfolio managers, product development and product management team, legal and tax professionals and other UBS internal and external advisors across the globe.

Ability to work autonomously and being proactive and service oriented is one of your strengths.

• degree in economics or law and either qualified as a Certified Tax Advisor, Tax Lawyer or Chartered Accountant
• strong Tax background from any European jurisdiction (e.g. UK, CH, NL, Lux), combined with a very good understanding of double tax treaties and international tax principles; ideally with some strong experience with the tax and legal frameworks for either real estate, infrastructure or private equity funds
• strong project management skills and interest in/ experience with regulatory changes.
• ideally 5-8 years' experience as a Senior Tax Consultant / Tax Manager working for…