Business Tax Advisor - Private Bank

Location: LONDON, United Kingdom

Job Family: Tax

About the Role

J.P. Morgan Private Bank is a global leader in wealth management, serving ultra-high-net-worth individuals and families with tailored financial solutions. As a Business Tax Advisor - Private Bank at the Vice President level within the EMEA Corporate Tax team, you will play a pivotal role in advising on complex tax issues and risks specific to private banking operations. Based in London, United Kingdom, this position requires a deep understanding of EMEA tax landscapes to support J.P. Morgan's commitment to delivering innovative, tax-efficient strategies for clients navigating international wealth preservation and growth. You will partner closely with private bankers, legal experts, and compliance teams to ensure seamless integration of tax considerations into client portfolios, all while upholding the firm's rigorous standards of integrity and regulatory adherence in the financial services industry. In this role, your primary focus will be providing proactive tax advisory services, including the analysis of investment structures, estate planning, and cross-border transactions to optimize tax outcomes for Private Bank clients. You will conduct thorough tax due diligence, prepare detailed opinions on emerging regulations such as those under the OECD's BEPS framework, and collaborate on responses to tax authorities. Additionally, you will contribute to internal initiatives by developing tax policies that align with J.P. Morgan's global operations, ensuring the Private Bank remains ahead of evolving EMEA tax challenges like digital asset taxation and sustainability-linked investments. This position demands a strategic mindset to balance client needs with firm-wide risk management in a dynamic regulatory environment. J.P. Morgan Chase & Co. offers an inclusive culture that values diverse perspectives and fosters professional growth. As part of the EMEA Corporate Tax team, you will have opportunities to engage in high-impact projects that influence the firm's private banking strategy across Europe, the Middle East, and Africa. We seek a seasoned tax professional passionate about the intersection of finance and taxation, ready to leverage their expertise to drive client success and contribute to J.P. Morgan's legacy as a trusted advisor in global wealth management.

Key Responsibilities

• Provide expert tax advice to J.P. Morgan Private Bank clients on EMEA tax issues, including structuring investments and trusts to minimize tax liabilities
• Identify and mitigate tax risks associated with private banking products, such as wealth transfer planning and offshore structures
• Collaborate with cross-functional teams including legal, compliance, and relationship managers to ensure tax-efficient client solutions
• Conduct tax due diligence and reviews for new client onboarding and portfolio management in the Private Bank
• Stay abreast of evolving EMEA tax laws and regulations, advising on impacts to J.P. Morgan's private banking operations
• Prepare and review tax opinions, disclosures, and reporting under frameworks like CRS and FATCA
• Support internal tax training and knowledge sharing within the EMEA Corporate Tax team
• Assist in tax planning for complex transactions involving private equity, real estate, and alternative investments
• Monitor and respond to tax audits or inquiries from authorities affecting Private Bank clients
• Contribute to the development of tax policies and procedures tailored to the financial services industry

Required Qualifications

• Bachelor's degree in Accounting, Finance, Law, or a related field; advanced degree (e.g., Master's in Taxation or JD) preferred
• Professional qualification such as CTA (Chartered Tax Adviser), ACCA, or equivalent in tax advisory
• Minimum of 7-10 years of experience in corporate tax advisory, with a focus on private banking or wealth management
• In-depth knowledge of EMEA tax regulations, including UK, EU, and cross-border tax implications for high-net-worth individuals
• Proven track record in managing tax risks and compliance in a multinational financial institution
• Strong understanding of FATCA, CRS, and other international reporting requirements relevant to private banking
• Eligibility to work in the UK with relevant visa status if applicable

Preferred Qualifications

• Experience working in a Big Four firm or major investment bank on private client tax matters
• Knowledge of US tax considerations for global private banking clients at J.P. Morgan
• Fluency in additional languages such as French, German, or Arabic for EMEA client interactions
• Prior involvement in tax controversy resolution or advisory projects for ultra-high-net-worth individuals

Required Skills

• Expertise in EMEA tax codes and international tax treaties
• Proficiency in tax structuring for high-net-worth clients
• Strong analytical skills for tax risk assessment
• Excellent communication and stakeholder management abilities
• Knowledge of financial products like trusts, foundations, and derivatives
• Attention to detail in compliance and reporting
• Project management skills for tax advisory engagements
• Adaptability to fast-paced financial services environment
• Proficiency in tax software and Microsoft Office Suite
• Interpersonal skills for client-facing advisory roles
• Understanding of anti-avoidance rules and BEPS initiatives
• Research skills for emerging tax regulations
• Team collaboration in multinational settings
• Ethical judgment in confidential client matters
• Time management for multiple concurrent projects

Benefits

• Competitive base salary and performance-based annual bonus aligned with J.P. Morgan's total rewards philosophy
• Comprehensive health, dental, and vision insurance coverage for employees and eligible dependents
• Generous retirement savings plan with employer matching contributions up to 6% of eligible compensation
• Paid time off including 25+ vacation days, plus bank holidays and flexible working arrangements
• Professional development support, including tuition reimbursement for relevant certifications and training programs
• Exclusive access to J.P. Morgan's employee stock purchase plan and financial wellness resources
• Family-friendly benefits such as parental leave, childcare support, and adoption assistance
• Global mobility opportunities and wellness programs including gym memberships and mental health support

JP Morgan Chase is an equal opportunity employer.