Vice President, Tax Advisor

StepStone Group•New York, NY

7d•$215,000 - $227,500

About The Position

The Vice President, Tax Advisor advises on tax matters related to the formation, structuring, operation, and transactions of private and retail investment funds, separately managed accounts, and other investment structures. The role covers U.S. and cross-border tax considerations across private equity, real estate, infrastructure, and private credit, including transaction due diligence, tax-risk assessment, structure recommendations, and negotiation and review of tax provisions in investment documents. The advisor also supports tax compliance, fund accounting, legal, investment, and deal teams; coordinates external advisors; monitors tax developments; and provides tax guidance and training to internal teams and investors as appropriate.

Requirements

JD required.
Must be licensed and in good standing.
3–6 years of tax-focused private investment fund experience at a nationally recognized law firm.
Working knowledge of U.S. tax rules concerning effectively connected income, commercial activity income, and unrelated business taxable income.
Knowledge of entity classification and investment fund market practices on tax issues.
Effective communication and resolution-oriented negotiation skills.
Ability to prioritize and manage multiple projects while working with direction from senior team members.
Ability to explain complex tax concepts to non-tax professionals.

Nice To Haves

In-house experience.

Responsibilities

Advise on tax aspects of fund formation, structuring, and operation, including entity selection, jurisdiction considerations, tax covenants, and representations.
Assist in negotiating investor side letters with investors and their counsel.
Work with investors and their counsel to understand client tax risk profiles.
Advise on U.S. and cross-border tax aspects of primary, secondary, co-investment, and direct transactions across private equity, real estate, infrastructure, and private credit.
Conduct and oversee tax due diligence to identify material tax risks, filing obligations, withholding exposure, and potential tax leakage.
Evaluate and recommend investment structures based on investor profiles, investment protocols, and client-specific restrictions.
Advise deal teams on tax risks, structuring alternatives, underwriting assumptions, and acquisition and exit considerations.
Collaborate with internal and external legal teams to draft, review, and negotiate tax provisions in fund, subscription, side-letter, and transaction documents.
Ensure compliance with Section 1446(f).
Instruct and manage external advisors.
Support tax compliance and fund accounting teams in implementing and administering executed investments and fund structures.
Assist with maintaining the existing database of client tax information and implementing new technologies to enhance the investment process.
Support legal teams in completing investment subscription materials for fund-of-fund investments.
Support the tax compliance team on tax withholding determinations, W-form production and review, entity classifications, FATCA classifications, and other post-closing requirements.
Assist investors and their advisors with tax questions and refund claims as requested.
Monitor and advise on potential impacts of tax legislative, regulatory, and market developments.
Provide tax training sessions for various teams as appropriate.