SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

We are seeking an experienced Transfer Pricing Assistant Vice President to provide technical leadership and project management support across a portfolio of transfer pricing initiatives, whilst ensuring the continued delivery of transfer pricing compliance, documentation, governance, and advisory activities.

The ideal candidate will bring strong technical expertise, practical delivery experience, clear communication skills, and the ability to collaborate effectively with cross-functional teams across multiple jurisdictions. They will be responsible for managing projects from initiation through completion, ensuring timely and effective execution.

The volume of transfer pricing work has increased significantly due to the organisation's business growth, structural changes, expansion of cross-border related-party transactions, and the introduction of new transfer pricing compliance requirements.

To support the growing volume and complexity of transfer pricing activities, we are seeking an experienced Transfer Pricing Assistant Vice President to join the team and replace a vacant role. Working alongside existing team members, the successful candidate will contribute to a broad range of strategic projects and business-as-usual transfer pricing matters. The role requires the ability to develop pragmatic and compliant transfer pricing solutions that balance commercial objectives with legislative requirements, and to ensure their successful integration into business processes, governance frameworks, and operational procedures.

The anticipated salary range for this role is£48,000 - £72,000, with the final offer determined based on the candidate's skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision

Business Area

STPD - Finance and Control

Position Description

The role will support the Transfer Pricing team and EMEA Tax in managing various transfer pricing changes and initiatives driven by business growth, organisational changes, and evolving transfer pricing legislation. This includes assisting in the design of robust transfer pricing operational processes that are compliant with tax principles, consistently implemented, and appropriately documented.

The role holder will work closely with EMEA front-office teams, Finance and Tax functions, and the STPD Planning teams to ensure alignment, accurate execution of transfer pricing policies, and effective integration of operational solutions across the region .

Transfer Pricing Advisory

• Provide technical transfer pricing advice to business units, finance teams, and corporate functions regarding new and existing intragroup arrangements.
• Evaluate and recommend appropriate transfer pricing methodologies in accordance with OECD guidelines.
• Support business projects and operating model changes from a transfer pricing perspective.
• Assess transfer pricing implications of cross-border services, financial transactions, cost allocations, profit-sharing arrangements, and other intragroup dealings.

Transfer Pricing Governance

• Support the implementation and maintenance of the EMEA Transfer Pricing Policy.
• Review and approve Transfer Pricing Operational Forms and related documentation.
• Ensure transfer pricing positions are supported by appropriate agreements, calculations, and evidence.
• Act as a champion for transfer pricing governance initiatives, policy updates, and internal control enhancements.

Documentation and Compliance

• Manage the preparation and review of Local Files, Master File inputs, Country-by-Country Reporting support, and other regulatory documentation, where applicable.
• Coordinate transfer pricing compliance with internal stakeholders and external advisers.
• Maintain transfer pricing documentation to support tax audits and regulatory enquiries.
• Ensure timely completion of annual transfer pricing compliance obligations across multiple jurisdictions where required.

Operational Transfer Pricing

• Review and monitor implementation of approved transfer pricing methodologies.
• Work closely with Finance, SLA operational teams and any other relevant teams to ensure accurate transfer pricing calculations and accounting treatment.
• Responsible for reviewing Group value-added collaborative fee claims, ensuring that the charges are appropriate, accurately calculated, and allocated to the correct legal entities.

Stakeholder Management

• Build effective relationships with Finance, Treasury, Front Office, Operations, Legal, Compliance, and Tax teams.
• Deliver training and guidance to business stakeholders regarding transfer pricing requirements.
• Act as a subject matter expert on transfer pricing matters across EMEA.

Continuous Improvement

• Develop and enhance transfer pricing processes, controls, templates, and governance frameworks.
• Identify opportunities to improve data quality, operational efficiency, and compliance processes.
• Support various strategic transformation projects and operating model changes from a transfer pricing perspective

Knowledge, Skills and Experience