Upvest, founded in 2017, enables any financial institution to offer great investment experiences to its customers. Upvest is an investment firm regulated by the German supervision authority (BaFin). The company currently employs 160+ people across Europe with its headquarters based in Berlin, Germany.

The company is backed by the world’s largest venture capital funds and investors including Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Notion Capital, and ABN Amro Ventures, as well as by renowned fintech entrepreneurs (including Maximilian Tayenthal, founder of N26, and Felix Haas, founder of IDnow).

We’re looking for fintech enthusiasts to join us in creating the financial infrastructure of tomorrow. We’re building the first European Investment API to enable any financial institution offering a wide range of efficient and transparent investment products, such as stocks and ETFs in nominal, portfolio, and fractional form. Our mission and vision is to make investing as easy as spending money.

We’re based in Berlin but would consider hiring remotely in Germany for this role. If you do want to move to Berlin though, we’re happy to support your relocation.

Team's mission:

Upvest has entered a phase of strong growth with substantial daily business. Currently this is driven by a number of prime fintech clients but will soon be enhanced by more classic banks / enterprise clients. In parallel, the range of ISINs and asset classes and therefore operational complexity is quickly increasing. So far the Operations team does not have a dedicated Operational Tax expert and all questions in relation to operational tax are handled by the existing BAU teams with support from Product and operations management.

We will fill the role of Senior Tax SME to ensure that all topics in relation to operational tax have a clear owner going forward. 

This role will give you the opportunity to:

• Own all topics in relation to operational tax within Upvest. This includes but is not limited to the following areas

  • QI / FATCA

  • Corporate Actions in all variations

  • Buy/Sell of shares, ETF, mutual funds as well as other asset classes

  • Policies and procedures

• Specifically on QI and FATCA

  • Ensure compliance with QI and FATCA regulations including managing QI and FATCA status

  • Manage QI and FATCA reporting requirements and ensure timely submission of relevant reports

  • Liaise with internal and external auditors regarding QI and FATCA matters

• Specifically on Corporate Actions

  • Manage the tax implications of corporate actions, including dividends, stock splits, mergers and acquisitions

  • Ensure accurate and timely tax treatment of corporate actions in line with local and international tax law

  • Coordinate with the Corporate Actions team to identify and address and tax-related issues

• Develop, maintain and own comprehensive tax operations policies, procedures and documentation within Upvest and provide guidance to the operations team in how to deal with tax questions in their daily work

• Collaborate closely with Product and other departments to ensure tax compliance across all areas of Upvest and specifically the Upvest platform

• Monitor changes in operational tax regulations and ensure Upvest remains compliant

• Manage relationships with external tax advisors and regulatory bodies where relevant

Job requirements:

• Thorough understanding of global tax regulations (QI, FATCA, etc) and specifically German requirements

• Proven track record of owning and driving operational tax matters in financial organisations in a SME or manager position

• Strong communication skills in English and German

• Excellent analytical, problem-solving and organisational skills

• Self-starter, well organised and able to manage multiple priorities and meet tight deadlines

• Proactive approach to staying updated with regulatory changes

• Meticulous attention to detail

• Remote work is fine, expectation is to be spending the monthly “Operations onsite week” of about 3 days with the team in Berlin

Why Upvest?

• We're working on solving a hard problem: fixing the European securities financial infrastructure that empowers more people to be able to invest. You have the opportunity to contribute to this change.
• We invest in you. From access to a personal coach, development budget and plenty of opportunities to grow in your role.
• We take hiring seriously with a strong focus on keeping a high bar when interviewing (equally important is that we hire decent people, who are passionate about their craft and helping us achieve our shared mission).
• While we're not quite fully-remote, we are committed to being a flexible employer, as we understand you don't have to be in the office to do your best work.
• We live a culture of empowerment, trust (that we hire the best people and get out of their way) and openness (there's a greater advantage in sharing information than keeping it to ourselves).

Our values:

• Learn and grow. We aim high to shape our future. We give and request honest feedback knowing that we develop together. Progression over Perfection.
• Team first. We make it easy for others. We value our differences and are open to others' opinions. We win and celebrate together! Team over Egos.
• Own the outcome. Whether we win or we lose, we stand together. We are proactive and get the job done. Outcome over Process.
• Tell the story. We always start with the why. We share knowledge to empower others. Transparency over Complexity.

Upvest is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees