Tax Manager

Role OverviewThe Interactive Brokers Global Tax Team serves an important role in the success of our business. We mitigate risk and create value for our business and our customers. We partner with many functions across the company, including Technology, Business Development, Accounting, Treasury, Customer Service and Marketing, to assist our business in achieving our commitment of delivering value through technological innovation and providing our clients with unprecedented access to global markets at the lowest cost. The Global Tax Team sets the tax policy for the company, and identifies, develops, implements, and manages tax strategies to help minimize our overall tax cost. We advise on the tax aspects of our product offerings to customers, manage tax audits, and ensure financial reporting and tax returns are filed timely and accurately.We are seeking a highly skilled tax professional to join our Global Tax team with a focus on customer taxes in European markets. This role will report to the Director of UK & APAC Tax and work alongside other members of the Global Tax Team, particularly the U.S.-based information reporting & withholding tax team, to ensure comprehensive global coverage of customer tax obligations. While the initial focus will be on designing and developing customer tax statements for European retail clients, this role requires robust experience and solid technical understanding of information reporting and withholding tax requirements across European countries.The ideal candidate will have strong technical tax knowledge of investment products, deep expertise in European tax filing obligations by retail customers, and knowledge of information reporting and withholding obligations by brokers, and the ability to translate complex tax requirements into operational processes and customer communications. A successful candidate will be a collaborative team player who is entrepreneurial, detail-oriented, and an excellent communicator.ResponsibilitiesCustomer Tax Statement Development & DeliveryDesign, develop, and maintain customer tax statements for European retail clients covering a wide range of investment products including stocks, bonds, mutual funds, ETFs, futures, options, and other derivativesEnsure tax statements comply with local tax reporting requirements and formats across multiple European jurisdictionsReview and validate tax calculations for accuracy, including capital gains/losses, dividend income, interest income, withholding taxes, and tax reclaim informationPartner with Technology teams to implement and enhance automated tax statement generation processesCreate customer-facing documentation and guidance materials explaining tax statement information and tax reporting obligationsProduct & Venue AnalysisResearch and analyse new and existing product offerings and new venue launches to determine customer tax implications, information reporting requirements, and withholding tax obligations for European marketsProvide technical guidance on tax treatment and reporting obligations for various investment products and transaction typesDraft functional requirements for information reporting and withholding tax features to software development teamsDevelop and maintain tax calculation methodologies for complex products and cross-border transactionsResearch, Monitoring & Continuous ImprovementMonitor, research, and analyse new laws and changes to existing laws that impact customer information reporting, withholding tax, and tax statement requirements across European countriesAssess impact of legislative changes on IBKR’s processes and systems and communicate requirements to relevant stakeholdersIdentify and design system improvements that automate processes related to customer tax documentation, information reporting, withholding tax, and tax statement generationDevelop and document standard operating procedures for information reporting, withholding tax operations, and tax statement preparationAssist with research, development, and integration of new tax technologies, including tax data collection and automationContribute to special projects related to customer tax reporting, withholding, and technology enhancementsQualifications, Skills & AttributesRequired:Minimum of 8-10 years of experience in tax with strong focus on tax treatment and impact to customers from investment activities, preferably in financial services, brokerage firms, asset management, Big 4 public accounting, or tax advisoryBachelor’s degree in Accounting, Finance, Taxation, or related field; professional tax qualification (CTA, ADIT, or equivalent) strongly preferredRobust technical knowledge and operational experience in European information reporting and withholding tax requirements, including:Country-specific reporting obligations and forms in major European jurisdictionsWithholding tax rules, rates, and treaty relief proceduresCustomer tax documentation requirements and validation processesRegulatory reporting frameworks (CRS, DAC reporting, etc.)Strong technical knowledge of tax treatment for retail investors across various client tax profile and various investment products including:Equities and bonds (domestic and cross-border)Mutual funds, ETFs, and collective investment schemesDerivatives (futures, options, CFDs, warrants)Foreign exchange transactionsCorporate actions (dividends, interest, stock splits, mergers, spin-offs)Solid understanding of capital gains taxation, dividend taxation, interest taxation, and withholding tax rules in European countriesKnowledge of cross-border taxation issues, tax treaty provisions, and beneficial ownership conceptsExperience drafting functional requirements for tax technology systemsExcellent attention to detail with strong analytical and problem-solving skillsProficiency in Excel and ability to work with large datasetsStrong written and verbal communication skills with ability to explain complex tax concepts clearly to both technical and non-technical audiencesAbility to work independently and manage multiple priorities in a fast-paced environmentProven ability to collaborate effectively with technology teams and translate tax requirements into system specificationsPreferred:In addition to English, fluency in a major European language such as German or French is a big plusAdvanced degree such as a law degree (J.D., LL.M.) or equivalent legal qualification or professional certifications such as CTA (Chartered Tax Adviser), ADIT (Advanced Diploma in International Taxation), ATT, or local equivalentExperience with automated tax reporting and withholding systems and tax technology platformsDirect experience in brokerage operations and investment product mechanicsExperience with tax reporting and withholding in multiple European countries (Germany, France, Netherlands, Italy, etc.)Knowledge of financial transaction taxes in European marketsExperience managing tax audits or penalty abatement processesBasic knowledge of U.S. GAAP tax accounting (ASC 740-10)Key CompetenciesDetail-oriented with commitment to accuracy and complianceStrong technical tax knowledge combined with practical operational applicationCollaborative team player with ability to work across departments and geographiesCustomer-focused mindset with service orientationAdaptable and comfortable with changing priorities and regulatory landscapesProcess improvement and automation orientationStrong project management capabilitiesEntrepreneurial approach to problem-solvingExcellent consensus builderLocation:20 Fenchurch Street, London, EC3M 8AFWorking hours:9 am – 6 pm, Monday–FridayBenefits:Career support and developmentSalary commensurate with experiencePerformance-based discretionary cash bonus schemeDiscretionary stock grantGroup Life Assurance coverGroup Income ProtectionOccupation pension scheme based on Gross earningsHybrid working model*Above statutory annual leave, increasing with serviceDaily company-paid lunch and healthy snack options throughout the day (when working from the office)Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants)*Corporate eventsTravel season ticket loans*Cycle to work scheme**on successful completion of the probation periodInteractive Brokers (U.K.) Limited values in promoting, monitoring, implementing best practices, policies and procedures and culture in adhering to and promoting the FCA Consumer Duty with the organisation.