Who we are: For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity. BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including: Managing the custody of approximately $37 trillion financial assets of the world’s leading institutional investors, hedge funds, sovereign wealth funds, and corporates Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes Providing collateral, liquidity, and funding for the world’s largest banks through our markets franchise Serving family offices and high net worth individuals through our wealth management franchise Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers Advising large global corporations on a range of trust and other solutions Providing integrated managed data services to asset managers Senior Custody Tax Product Manager - Asset Servicing: The Senior Custody Tax Product Manager is a leadership role within the Asset Servicing Global Tax Product team. This team has global responsibility for the BNY Mellon’s Custody Tax Product and this role will report directly to the Global Head of Tax Product Management. This role will have direct responsibility for a team of Tax product colleagues and indirect oversight of the Custody Tax Services in Operations and Technology. Key responsibilities include the withholding tax, capital gains and transaction tax technical analysis in countries in which BNY Mellon provides a custody service. With specific responsibility for the custody tax functions managing product, research, risk and quality assurance. This role will provide leadership and work with a global team responsible for creating efficiencies, minimising risk and improving the client experience. The individual must be able to lead global programs, and develop new revenue generating services. The role is a first line of defence role as regards to tax technical changes in custody and the successful candidate will be fully accountable for tax product, tax research, service assurance and risk. The successful candidate will: Define the Custody Tax product strategy and develop a long-term product plan, promoting the product and organisation through thought leadership activities. Develop Custody Tax products and services end-to-end– Leading global programs to enhance the custody tax service offering with a focus on technology and workflow change to improve the process and the client experience. Setting pricing strategy for product line. Develop of policies and procedures for governing the introduction of new/revised tax changes including monitoring and communicating tax change activities, oversight of the sub-custody network and maintenance of tax collateral, tax technical information. Responsible for the consistent application of the Tax Risk Framework (to encompass BNYM’s Enterprise Tax Risk Appetite statement, KPIs/KRIs to track performance and governance and control framework for LOBs tax policies. Leadership, oversight and guidance to assist business units in responding to audits, maintaining tax compliance with respect to BNY Mellon’s responsibilities toward tax authorities and clients. Active membership, chairing and participation in Tax Committees of the relevant Industry Associations and speaking at external industry conferences and BNY Mellon lead events Qualifications The incumbent should have at least 20 years industry and tax experience with strong tax technical background and proven ability to lead global teams. This experience will have come from within large Financial Institutions and/or boutique firms due to the depth of product knowledge required to be successful. Extensive experience working within the Asset Servicing Business with deep knowledge of: Custody Tax Services (Relief at Source and Tax Reclaim processing), ECJ Tax Claims, Withholding tax on portfolio investments, Financial Transaction Taxes, FATCA, CRS, BEPS, Tax Transparent Pooling, Capital Gains Tax, Tax Risk Management, Tax Research, Investor Tax Reporting. Must possess strong analytical, negotiation, influence, emotional intelligence and communication skills to rapidly develop enterprise-level partnerships. Being a thoughtful communicator who can express complex ideas in simple, practical terms for a wide range audiences Strong understanding of Operations and Technology functions with solid understanding of digital culture and advanced technologies (blockchain, machine learning, and artificial intelligence). Bring a global mind-set and working across a diverse set of environments Strong academics with a minimum Bachelor’s degree or the equivalent academics achieved. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums. Primary Location: United States-Massachusetts-Boston Internal Jobcode: 70209 Job: Asset Servicing Organization: Custody Tax And Network-HR13147 Requisition Number: 2111942