AVP-Investment Tax

Manulife • Boston, MA

9d • $152,900 - $283,800 • 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 evaluates tax implications of proposed investments and strategies; works with Investment Law, Private Markets legal teams, outside counsel, tax professionals, advisers, and co-investors on investment structures and documentation; and drafts and reviews investment documents. It addresses tax issues throughout each investment phase and the lifecycle of investment funds, including reviewing prospectuses, offering memorandums, and term sheets and advising on technical tax implications.

The AVP provides tax advice and drafting support to business-segment personnel, including legal, finance, and accounting teams, and advises on investment structures, tax exposures, acquisition planning, post-acquisition restructuring, and exit or liquidation strategies. The role also advises on investment-related tax risks, supports tax compliance personnel, monitors tax-law developments and their effects on strategies and operations, and reports on whether risks are appropriately identified, assessed, and monitored.

The preferred work location is Toronto or Boston, with a hybrid arrangement currently requiring three days in the office. The role is an existing vacancy.

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; in-house experience in a financial services organization is ideal.
• 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, and communication skills.
• Ability to collaborate across disciplines and manage multiple projects under tight deadlines.
• Experience with private markets tax matters.
• Familiarity with U.S. REIT rules.
• Knowledge of financial institutions and investment products.
• Experience resolving technical tax issues from a business perspective and ability to distill complex issues and communicate key concepts comprehensively to business teams.
• Ability to handle multiple projects with competing and changing priorities.
• Strong research and analytical skills.
• Ability to analyze complex structures and products with attention to detail.

Nice To Haves

• In-house tax experience in a financial services organization is ideal.

Responsibilities

• Evaluate the tax implications of proposed investments and investment strategies.
• Work with the Company’s Investment Law and Private Markets legal teams and outside counsel to develop legal structures and documentation for Company investments and Company-sponsored private markets third-party investment funds.
• Draft and review investment documents.
• Address tax issues associated with each phase of an investment and the lifecycle of investment funds.
• Review prospectuses, offering memorandums, and term sheets, and address technical tax implications of investment terms.
• Provide tax advice and drafting assistance to personnel in business segments, including legal, finance, and accounting functions, to support prospectuses, marketing materials, and other customer disclosures.
• Provide expert tax advice on proposed investments and optimize acquisition and investment structures; 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, and 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 report to appropriate Company officers on whether risks are appropriately identified, assessed, and monitored.
• Keep abreast of tax-legislation developments and evaluate their impact on existing investment strategies and operations.

Benefits

• Customizable health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage.
• Adoption/surrogacy and wellness benefits.
• Employee and 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.
• Paid time off in the U.S., including 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 environment and support for employee well-being and inclusion.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior