VP, Regional Tax Specialist (IWM)

Job Title: Regional Tax Specialist (International Wealth Management)

Corporate Title: Vice President

Division: Finance

Location: Singapore

SFID: 15498

Licensed Role: Yes

Nomura Overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking. 

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com  

Department Overview

Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives. Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.

Role Description

Nomura’s Wealth Management business in Asia-Pacific is expanding, and tax efficiency is critical to profitability, regulatory compliance, and client trust.

The Regional Tax Specialist will be a key contributor to the existing regional tax team as well as the global tax management group. The incumbent will typically be already operating in a tax advisory capacity in the Asia region across all areas of Wholesale Banking.

The candidate should have demonstrated strong leadership and communication skills and ability to influence stakeholders, together with sound analytical and tax technical skills. The successful candidate will be expected to work closely alongside the Regional Head of Tax to achieve key objectives of Group Tax. The candidate should have demonstrated an ability to respectfully challenge the status quo, but at the same time ensure that all tax risks undertaken are managed within the firm’s tax risk appetite.

Responsibilities

The role will assume responsibility to provide tax advisory support to the front office on various transactions in the Wealth Management Business.

This includes:

• Providing tax advisory on new products or transactions across Wealth Management Business in the Asia Pacific Region (excluding Japan)


• Responding to general tax enquiries from the business and corporate tax functions


• Maintain regular interaction with business stakeholders to understand their requirements and present and discuss relevant tax news and developments impacting their business


• Provide policy support and advise on operational transactional tax risks and processes within the Wealth Management Business


• Running tax projects on implementing policies to comply with new tax rules impacting Nomura


• Understand Nomura’s tax risk appetite and be able to make decisions within this framework


• Work collaboratively across other functions such as Financial Control, Product Control, Legal, Compliance and Operations in order to formulate the appropriate tax analysis


• Provide support on Transfer pricing calculations review and policy support.


• Ability to work autonomously as well as be part of the regional and global tax team to achieve all tax related deliverables 

Requirements

• Qualified Chartered Accountant (CA), CPA, or equivalent


• Minimum 15 years’ experience as a Tax Specialist within an international accounting firm and/or financial institution


• Minimum 8 years’ experience in providing advisory on products/transaction including operational tax risks and processes relating to Private Bank and Wealth Management Business


• Regional knowledge of corporate tax, indirect tax (GST/VAT), and transfer pricing principles for Asia Pacific


• Experience with FATCA & CRS regulations, Trust Taxation, GST/VAT and US Qualified Intermediary regulations


• Good analytical and communications skills, excellent problem-solving ability, and ability to work with diverse groups


• Ability to manage special projects, transitioning these to business leaders as appropriate 


• Must be able to work well under tight deadlines and handle multiple responsibilities


• Strong self-starter, pro-active and team player

Nomura Competencies

• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. 

• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. 


• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. 


• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.  


• Inclusion: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect). 

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer