Job description
End Date
Thursday 01 June 2023
Salary Range
£41,715 - £46,350Agile Working Options
Job Description Summary
At Lloyds Banking Group we’re driven by a clear purpose: to help Britain prosper. Our colleagues are focused on making a difference to customers, businesses and communities. Finance is key to that success, by securing and building the financial strength and performance of the Bank. But we need talented people like you if we’re to continue to innovate and adapt to meet the ongoing needs of our customers. Join us and you can make a real difference.
Job Description
This is an exciting opportunity to join the Operational Taxes team within Group Tax (part of Group Finance). You'll be part of a supportive and nurturing team that focuses on the tax requirements of the products we offer as a Group and how they impact both our customers and us.
The Operational Taxes team supports the Group by using deep technical knowledge of UK tax legislation and guidance to ensure that the legal obligations resulting from each of our offered products is followed. You will be surrounded by hardworking and dynamic people who will encourage you to develop, and help you to achieve this.
As you develop in this role you will start to analyse tax technical information before sharing that information with key stakeholders. To do this you will use your knowledge of the Group and colleague network to help with any impact assessment. Influencing others and communicating the tax technical requirements to inspire change, manage risk and ensure the right action is taken are key parts of this role. As well as a passion for using your analytical mind to interpret information, communication skills and a positive mindset are important.
The role holder will be supported and coached in this role, allowing them to grow and develop their tax technical expertise and their understanding of HMRC’s data requirements and opportunities.
So what exactly would you be responsible for?
This is an advisory role, and you'll be responsible for:
- Helping to Manage the tax risk across the Group ;
- Supporting the business in respect of customer rectifications and product literature;
- Utilising external resources to monitor for legislative change before investigating the implications of such changes and communicating these to business colleagues;
- Using your tax technical knowledge, as it develops, to provide SME tax advice to the business in a clear and simple to understand manner within appropriate timeframes;
- Building and developing relationships with key stakeholders, both internally and externally with industry groups and HMRC, in order to ensure regulatory compliance;
- Business partnering with different areas of the bank to understand more about what they do, the products they offer and the possible operational tax implications of their activity; and
- Working with external advisers
It would be beneficial but not essential to have a broad understanding of areas of Operational Taxes such as pensions, ISAs, UK withholding tax rules, BBSI/OI reporting and stamp duty.
About you as a person:
- You'll need to assess information, understand any challenges and look for the most appropriate solution, giving consideration to the wider business context.
- You'll have good communication skills; influencing and working effectively with technical and non-technical audiences, asking intelligent questions and being able to share complex or difficult messages in a user friendly manner.
- Whilst a tax qualification would be beneficial, it is more important you have an ability to learn quickly as well as lots of enthusiasm.
- Experience of or an interest in data analysis/ real time information sharing
- No specialist IT knowledge is required, though you must be confident in using MS Outlook, Word and Excel.
We're dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential. There is the option to study for tax exams whilst in this role.
We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We’re a very supportive team who care about your wellbeing. If this is you, come and join our values-led culture where we're passionate about making a difference!
Our Hybrid ways of working means that you can find a work-life balance that suits you, with a mix of home and office working. The expectation currently is that you work a minimum of two days a week in the Office.
As a Group Tax Assistant Manager you'll work in a highly collaborative way and enjoy seeing the influence of your work. The current pace of change makes this an exciting time to join the Group Tax department!
What will you get in return?
You'll be given the opportunity and support to develop yourself both technically and interpersonally to optimise your potential. We have the scale and breadth to provide you with a diverse range of personal development and a career that’s enriching.
We’ll give you a broad remuneration package which includes:
- A performance share bonus
- Private Medical Insurance
- A generous pension contribution
- Various share schemes
- 30 days holiday (plus Public)
You’ll learn new skills and be given opportunities to grow and develop to help you achieve a rewarding and fulfilling career.
Are you interested in joining us? Apply today, we’d love to hear from you.
We’re an equal opportunities employer and deeply value diversity within our organisation.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Together we make it possible!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.