Group Head of Tax at TP ICAP in London

Group Head of Tax

Location: London

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Group Head of Tax is a critical leadership role with responsibility for TP ICAP's global tax function, leading a team of 14 tax professionals across London and New York. Reporting into senior Finance leadership, the role provides strategic oversight of the Group's worldwide tax affairs, ensuring the delivery of robust governance, high-quality tax advisory support, and effective management of tax risk across a complex international organisation.

The successful candidate will be a proven people leader with the ability to develop high-performing teams, influence senior stakeholders, and drive change across a diverse global business. The role plays a key part in supporting business growth, corporate transactions, regulatory developments, and operational transformation, while ensuring compliance with global tax obligations and maintaining strong relationships with tax authorities.

This is an excellent opportunity for a commercially minded tax leader with broad international tax experience to shape the future direction of TP ICAP's tax strategy, governance framework, and operating model.

Role Responsibilities

Tax strategy and governance:

• Lead the development and implementation of the Group’s tax strategy, policies and control framework, ensuring global coverage of tax matters across direct, indirect, employment and operational taxes
• Build positive relationships with external advisors, staying abreast of developments that are relevant to TP ICAP
• Ensure cost effective use of the tax function’s budget with a view to increasing use of internal resource and skill set complemented with appropriate external advice

HMRC and tax authority relationships:

• Manage the Group’s interactions with tax authorities globally, and maintain a positive and collaborative relationship with HMRC’s Customer Compliance Manager

Tax structuring, advisory and M&A:

• Sustain effective partnerships between the tax function, the business and other support functions to ensure the delivery of value-adding tax advice, subject matter expertise and risk governance
• Develop a framework across transfer pricing, VAT, corporate and international tax for the management of multiple cross-border broking models, supported by an understanding of the Compliance and regulatory drivers of the Group’s structures
• Manage proactively the tax implications of the group’s internal and external debt structures, working closely with Treasury and ensuring these are understood by internal stakeholders, balancing UK Corporate Interest Restriction, US s163j and BEAT
• Co-ordinate the provision of tax advice in respect of new products and corporate development activity e.g. acquisitions and disposals, business and / or legal entity restructuring initiatives, treasury, capital / liquidity planning etc

Tax compliance & reporting:

• Ensure timely and accurate completion of UK, US and international tax direct and indirect filings
• Responsible for preparation of UK Senior Accounting Officer sign-off, with input and assurance from relevant Finance areas
• Manage the timely and accurate delivery of the Group’s monthly, interim and year-end tax reporting and disclosures, preparing relevant tax content for Board papers and other related papers and liaising with external auditors
• Assess TP ICAP’s approach to efficient tax compliance delivery globally, with consideration of roles and responsibilities between Finance Operations and Group Tax
• Work across Finance Control to ensure tax compliance and data requirements are defined and embedded

Transfer pricing transformation:

• With the support of internal transfer pricing specialists within the Group Tax team, lead on the global refresh of the Group’s transfer pricing policies, documentation and operational governance

Global Employment Tax oversight:

• Responsible for employment and global mobility tax governance and advice, with the Global Employment Tax senior manager reporting into the Group Head of Tax.
• Working closely with HR, Global Mobility and Payroll, lead on the development and roll-out of employment tax policies and RACIs, as well as ensuring tax oversight of employment tax compliance
• Ensure that TP ICAP’s employer withholding and social security obligations are understood and factored into business decisions and mobility and short-term business visitor policies, balancing the needs and expectations of the broking business

Experience / Competences

Essential

• Significant international tax experience covering multiple disciplines (corporate, indirect and transfer pricing) gained within a complex multinational organisation and/or leading professional services firm.
• Commercial judgment with the ability to balance business objectives, tax efficiency, regulatory requirements, and risk management.
• Experience advising on complex corporate transactions, restructurings, acquisitions, disposals, financing arrangements, and cross-border business initiatives.
• Demonstrable experience managing tax compliance, tax reporting, and tax risk across multiple jurisdictions, and driving improvements in tax governance throughout an organisation
• Proven experience leading and developing high-performing tax teams across multiple locations and jurisdictions.
• People leadership skills, with a track record of building capability, driving engagement, and managing organisational change.
• Experience partnering with senior executives and influencing stakeholders across Finance, Legal, Treasury, HR, Compliance, and business leadership teams.
• Excellent communication and influencing skills, capable of explaining complex tax issues to non-tax stakeholders.
• High degree of integrity, accountability, and professional credibility.

Desired

• ACA, ACCA, CTA or equivalent professional qualification.
• Previous experience as Head of Tax, Deputy Head of Tax, or other senior tax leadership role within a listed or multinational organisation.
• Experience managing tax matters across both the UK and US.
• Strong working knowledge of employment taxes, global mobility taxation, transfer pricing frameworks and indirect taxes.
• Experience operating within a complex, regulated environment for a listed group, preferably within Financial Services.
• Experience interacting directly with HMRC Customer Compliance Managers and other global tax authorities.
• Demonstrated success leading transformation, process improvement, operating model, or technology-enabled change initiatives within a tax function.
• Familiarity with tax technology, automation, and data-led tax transformation initiatives.

Band & level:

• Function Head, 9

#LI-DIR #LI-Hybrid

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

UK - 135 Bishopsgate - London