Private Asset Tax Manager

Overview

In this role you provide second-line tax oversight for Schroders’ private asset funds, applying the Group Tax risk framework and risk appetite. You challenge and assess tax positions, support governance and reporting, and escalate issues to the Head of Private Assets Tax. You work with cross-functional stakeholders to promote robust tax risk management and maintain governance across the private assets platform. This is a second-line role focused on oversight, not on first-line structuring or decision-making, offering a meaningful opportunity to shape tax governance in private assets.

Responsibilities

• Apply the Group Tax risk framework to private asset products and structures
• Provide second-line input and risk-based reviews of complex or high-risk transactions
• Contribute to tax guidelines and standard positions for funds and structures
• Review investor terms, side letters and structuring proposals for alignment with principles
• Assess departures from policy and escalate where required
• Maintain visibility of early-stage structuring activity and governance forums for second-line review
• Contribute to external adviser engagements and review high-risk matters
• Maintain governance materials, playbooks, checklists, and escalation triggers to support tax risk management
• Review adviser outputs and tax positions on a risk-based basis
• Oversee structuring implementation to ensure alignment with design and governance
• Apply governance checkpoints across fund lifecycle to enable timely review and escalation
• Promote tax awareness among private asset stakeholders and clarify escalation triggers
• Monitor tax rule changes and emerging risks affecting private asset funds
• Track material tax risks, disputes and authority interactions with documentation and follow-up

Key requirements

• Professional tax qualification (e.g., CTA, ACA) or equivalent
• Experience in funds taxation, especially private asset funds and structures
• Experience monitoring legislation and assessing impact and process changes
• Strong understanding of private asset fund structures at portfolio, fund/structure and investor levels
• Ability to identify material tax risks and determine escalation needs
• Ability to support effective review and challenge of tax analysis and structuring matters
• Solid understanding of tax governance, risk management and escalation principles
• Strong communication and stakeholder management skills

• communication
• stakeholder management
• pragmatic risk mindset
• tax governance
• risk management
• governance frameworks

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