AVP/VP, Investment Tax, Americas

The Investment Services Private Markets
The Investment Services Private Markets (ISPVM) team provides investment services to private equity, real estate, infrastructure, and cross-strategy investments strategically and tactically. The department is responsible for deal structuring, execution and closing, due diligence, tax advisory, investment holding structures, finance and investment operations, portfolio monitoring, data management, reporting and analytics, and valuations.

Investment Tax
The Investment Tax team, as an integral part of ISPVM, guides GIC investment teams through the increasingly complex and evolving maze of international tax legislation and issues, to maximize portfolio value by ensuring that investment and business decisions are made on a tax-informed basis. Collectively, the Tax team oversees GIC’s international tax-related governance and strategy, tax risk management, investment support, and tax compliance.

To allow GIC’s tax support to become more agile and reflect our increased investment pace and complexity, the role of AVP is being established in GIC’s New York office. Reporting to the Head, Investment Tax, Americas, within our Investment Tax Team, the individual will predominantly provide tax support for investments directly in the Americas, with focus on private equity, infrastructure, and credit investing. 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. 

Role-Specific Accountabilities:

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 fund investments, co-investments, direct equity, infrastructure, and credit 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.