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The main purpose of the Senior Manager, Tax Transfer Pricing Latin America is to assist in compliance with Transfer Pricing legislation in Canada and in other jurisdictions where the Bank operates, particularly in Latin America. This includes helping in the establishment of transfer pricing methodologies and policies according to OECD transfer pricing guidelines.

Is this role right for you? In this role, you will:

• Support the management and implementation efforts of the Bank’s transfer pricing policies, to ensure compliance with the Canadian transfer pricing legislation and proper co-ordination with similar legislative requirements in other countries where the Bank operates, particularly in Latin America.
• Help identify and minimize tax exposure for cross border transactions, including transactions between Head Office and foreign branches and subsidiaries, as well as transactions among foreign subsidiaries and branches.
• Create and manage Transfer Pricing documentation.
• Oversee and coordinate local defense binder processes, ensuring relevant branches, subsidiaries and departments maintain documentation adequate to the growing requirements of government tax authorities for all jurisdictions with respect to cross-border transactions as reported.
• Support Transfer Pricing processes: identification of transactions, services, agreements. Oversee and coordinate update of existing documentation with relevant stakeholders.
• Review and provide advice and counsel on all relevant intra-group cross border agreements to ensure that the related party transactions are priced at market.
• Lead operational process of Country-by-Country report.
• Coordinate Transfer Pricing updates with local teams, particularly in Latin America.
• Assist in managing CRA audits of non-arm's length cross-border transactions. Provide due diligence regarding the adequacy of the pricing and its relevance to the comparable market value.
• Liaise with operational management, across all business lines, to provide transfer pricing advice with respect to various business opportunities and transactions as required.
• Develop and maintain a good working relationship with key stakeholders in Head Office, subsidiaries, and branches, including all business lines, and support roles in different levels of authority.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• An economist, lawyer, or CA with experience in transfer pricing in a corporate multinational tax environment, or commensurate experience in a transfer pricing advisory role. In depth knowledge with OECD transfer pricing requirements and regulations.
• Minimum of six years’ experience in a corporate financial multinational tax environment is required. However, a strong transfer pricing background in an advisory role to financial institutions may be substituted.
• Knowledge of Scotiabank’s foreign business operations, including both the branches and subsidiaries is a definite asset.
• Must be able to identify the transfer pricing issues and assist with finding market comparables and implementing complex transfer pricing solutions.
• Experience applying control and accounting rules to taxation and related structures.
• Ability to communicate complex concepts to nontechnical executives and others.
• Ability to negotiate and influence others to ensure change is adopted and operationalized.
• A working knowledge of the interaction between transfer pricing and other areas of taxation, such as international tax and corporate tax is an asset.
• Experience with financing transactions, derivatives, securities lending, is an asset.
• Ability to speak Spanish is required.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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