Title:  Director - U.S. Tax Planning, Front Office & IRW Advisory

Requisition ID: 195609

 Salary Range: 174,700.00 - 286,000.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets:

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 

Purpose:

The principal purpose of this position is to support the Head, U.S. Taxation in providing US tax advice, tax risk governance, tax planning, and ongoing tax developments impacting the various business groups at the Bank. The role will also involve working with the VP, Global Banking & Markets Taxation and Transfer Pricing, particularly in the area of US tax operational risk

What You’ll Do: 

• Provide clear, timely, and accurate US tax analysis, risk assessment, and tax planning, consistent with the Bank’s reputational risk appetite. Monitor the developments of new capital markets or other business related strategies or structures.  This will include providing advice and support related to US tax operational risks associated with US tax information, withholding, and reporting rules. 
• Support the transfer pricing team in EO Tax and assist in preparing responses to transfer pricing inquiries from US tax authorities
• Develop relationships with other control functions in New York office, as well as the business lines and relevant head office personnel
• Monitor changes to US tax law and administration, consider implications therefrom, and provide support regarding appropriate guidance and counsel to executives.
• Review the ISDA tax language;
• Review the 871(m) language on notes issuances and swaps;
• Provide advice to the US Information Reporting and Withholding Tax team
• Provide US tax analysis on Corporate Actions
• Provide support with any special project that may arise that may require U.S. tax advice
   

What You’ll Bring:  

• CPA or tax lawyer with a minimum of 10years’ experience in US Taxation, ideally with both private practice and industry background
• Skills and experience commensurate with a Director/ Vice President/Managing Director role in Capital Markets.
• Experience integrating and communicating US and international tax rules to complex structures, transactions and businesses.
• Demonstrated ability to oversee complex tax matters.
• Demonstrated strong leadership skills

Interested? 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. 

Location(s):  United States : New York : New York City

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.