Avp, Investment Tax, Americas

GIC is one of the world's largest sovereign wealth funds. With over 2,000 employees across 11 offices around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world's industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore's financial future, and the communities we invest in worldwide.

GIC Global Investment Services (GIS)

GIS provides strategic investment services and financial management across GIC's public and private market asset classes. Leveraging data and emerging technologies, the department drives the development and execution of business infrastructure plans while shaping scalable, agile, and resilient operating models that enable growth and deliver operational excellence.

GIS provides operational expertise spanning market settlements, transaction management and execution, investment data operations, portfolio finance, valuations, accounting, and tax services, as well as portfolio administration.

Tax

You will help to provide tax support to the GIC group and on investments made by GIC. Our work includes maintaining tax governance policies, performing tax compliance reviews, reviewing tax due diligence and modelling for investments, and performing tax analysis of investment activities, including investment asset holding. Working with best-in-class advisers, we ensure tax-compliant investment structures for new acquisitions and asset restructuring. We are the tax subject matter experts for GIC and manage all tax-related risks for GIC and the investments managed by GIC.

What impact can you make in this role?

You will be part of an integrated team that provides investment services across all public and private markets asset classes for GIC.

To allow GIC's tax support to become more agile and reflect our increased investment pace and complexity, the role of AVP, Investment Tax, is being established in GIC's New York office. Reporting to the Head, Investment Tax, Americas, the individual will predominantly provide tax support for investments directly in the Americas, with focus on private and public credit investments, while also supporting other private markets investments. This individual will provide investment structuring support for deals executed by these teams, manage tax risk and governance, execute on strategic GIC initiatives, and ensure proper hand-off to the Enterprise Tax Team, when needed.

What will you do as an AVP, Investment Tax?

1. Tax support to public and private market investments in the Americas

• Delivers early-stage tax support as investment teams explore the viability of new opportunities in private, public credit investments and private equity investments. In anticipation of investing into key Americas jurisdictions, facilitates preparatory work with external advisors to determine the availability of tax privileges for GIC and preferred tax structuring alternatives.
• Provides more direct support to investment teams in complex situations to ensure tax risks and opportunities are well understood and monitors the quality of final technical advice/opinions and tax ruling submissions.
• Maintains tax knowledge pertinent to asset classes that invest across the Americas and leverages a network of external advisors to monitor for changes of tax law or administrative practice. Effectively highlights and communicates changes of law to investment teams that could impact current or future investments across the Americas.
• Works with tax advisors to provide quality service and advice to meet specific needs of investment teams. In the process, strives to establish good rapport and ensure the quality performance of advisors.
• Collaborates with investment teams, the Enterprise Tax team and other Corporate Services departments where needed to ensure that the on-going tax management of investments across the Americas meets GIC's needs. Identifies improvements and recommends pragmatic solutions.

2. Tax support across tax strategy and tax risk in the Americas

• Supports the Tax team's work to advance strategic GIC initiatives in the Americas and works to streamline information flows, processes, and issue resolution.
• Contributes knowledge of GIC's Americas investment tax issues to the delivery of tax risk reporting to key stakeholders.
• Supports training in the Americas to increase GIC tax awareness and effectively enable GIC staff to understand tax issues relevant to their departments.
• Maintains high standards of effective oral and written communications to internal stakeholders to ensure ease of understanding the relevance to the business.
• Actively contributes to the Tax team's knowledge and technology resources, and shares ideas/information with peers.
• Supports the implementation of special projects and initiatives for the Tax team.

3. Build and maintain strong cross-functional relationships

• Works effectively with colleagues across GIC.
• Builds the trust of the GIC departments that are directly supported.
• Develops, maintains, and manages relationships with key individuals across other GIC departments.
• Collaborates with peers in the Tax team to leverage team knowledge and experience.
• Assists with reports to senior management on tax issues, risks, and opportunities.
• Promotes collaboration and issue resolution within and across teams.

What qualifications or skills should you possess in this role?

• At least eight years of relevant tax experience, with preference for international or M&A/funds tax experience. Candidates with experience on tax issues relevant to public and private credit investments by non-US and sovereign investors will be preferred.
• Juris Doctor or Master of Taxation required, LL.M. in taxation preferred.
• Demonstrates strong writing, analytical, and oral presentation skills.
• Demonstrates an ability to synthesize complex technical concepts, strategically evaluate options based on tax and other business considerations and explain recommended solution in plain language understood by non-specialist audiences.
• Can adapt communication styles based upon the audience.
• Has strong organizational skills, is flexible, and can independently and efficiently progress multiple assignments.
• Has excellent attention to detail and consistently high levels of accuracy.
• Strives to innovate and follow best practices but is highly attuned to the need for commercial solutions.
• Is energized by ideas and novel experiences and will encourage a learning environment.

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

Flexibility at GIC

At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

We are an equal opportunity employer

As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.

Compensation

Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results.

Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $170,000 and $220,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.

Learn more about our Global Investment Services Department here: https://gic.careers/departments/global-investment-services/

Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC's PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.