AVP, Investment Tax, Americas

Job Function: Investment Services Private Markets

Job Type: Permanent

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.

We manage deal structuring, due diligence and closing. We provide financial operations to GIC’s private equity, infrastructure, real estate assets, equities and fixed income, as well as tax structuring, corporate holding structures, valuations, and financial reporting. We strive to support business groups with digital capabilities and deliver environmental, social and governance focused capabilities, and market expertise.

The Investment Tax team, as an integral part of GIC’s Global Investment Services (GIS) group, 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, 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 investing, 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.

• 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.

• 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…