AVP-Investment Tax

Manulife • Boston, MA

7d • Hybrid

About The Position

The AVP – Investment Tax interprets and applies U.S. federal and state income tax laws and collaborates with other Investment Tax associates on tax laws in other jurisdictions, including Canada and jurisdictions in Europe and Asia. The role supports the Company’s investment operations, corporate transactions, and third-party investment funds.

The position provides tax analysis and advice throughout the investment and fund life cycles, including assessing proposed investments and strategies, advising on investment structures, reviewing and drafting documents, and addressing tax implications of investment terms and activities. It works closely with Investment Law, Private Markets legal teams, business-segment personnel, tax professionals across regions, outside advisers, and co-investors. The role also monitors investment-related tax risks and legislative developments and advises on their effects on existing strategies and operations.

Requirements

• JD/LLB and/or CPA/CA designation.
• Ten or more years of U.S. tax experience in private practice, an in-house setting, or a combination of both.
• Strong knowledge of U.S. federal income tax laws.
• Familiarity with IRS guidance, court decisions, and industry practices concerning taxation of investments and investment funds.
• Strong research, drafting, communication, and analytical skills.
• Ability to collaborate across disciplines and manage multiple projects under tight deadlines and competing or changing priorities.
• Ability to resolve technical tax issues from a business perspective and communicate complex issues and key concepts clearly to business teams.
• Ability to analyze complex structures and products with attention to detail.

Nice To Haves

• In-house experience in a financial services organization.
• Experience with private markets tax matters.
• Familiarity with U.S. REIT rules.
• Knowledge of financial institutions and investment products.

Responsibilities

• Evaluate the tax implications of proposed investments and investment strategies.
• Work with Investment Law, Private Markets legal teams, and outside counsel to develop legal structures and documentation for Company investments and Company-sponsored third-party private markets investment funds.
• Draft and review investment documents.
• Address tax issues associated with each phase of an investment and the life cycle of investment funds.
• Review prospectuses, offering memorandums, and term sheets, and assess the technical tax implications of investment terms.
• Provide tax advice and drafting assistance to business-segment personnel, including legal, finance, and accounting teams, for prospectuses, marketing materials, and other customer disclosures.
• Provide tax advice on proposed investments and acquisition or investment structures, and manage domestic and foreign tax exposure to optimize after-tax returns for the Company and its investment products.
• Address U.S. and foreign tax implications of investment activities, including acquisition planning, post-acquisition restructuring, and exit or liquidation strategies; advise Company tax compliance personnel on those implications.
• Work with tax professionals in North America, Pan Asia, and Europe, external advisers, and co-investors to safeguard the Company’s investment interests.
• Advise the Company on investment-related tax risks and assess and report to appropriate Company officers whether risks are identified, assessed, and monitored appropriately.
• Monitor developments in tax legislation and evaluate their impact on existing investment strategies and operations.

Benefits

• Eligible employees may receive health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage.
• Adoption/surrogacy and wellness benefits.
• Employee/family assistance plans.
• Retirement savings plans, including pension/401(k) savings plans, and a global share ownership plan with employer matching contributions.
• Financial education and counseling resources.
• U.S. paid time off includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law).
• Statutory leaves of absence.
• Incentive programs and incentive compensation tied to business and individual performance.
• Flexible work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed