Our client is a major international tax and advisory firm. The have a thriving R&D Tax service offering and wish to expand their team focused on Financial Services (FS) clients.
The FS sector runs from multinational Banking and Insurance institutions, via Hedge Funds and Wealth Managers to cutting-edge FinTech businesses. Their R&D activity can appear, on first inspection, to be very varied but in fact much of it centres on developing new reporting systems and risk management IT, hence if you an R&D professional but do not have extensive/any FS sector expertise, the type of activity inspiring a claim will probably be quite familiar. What may be unfamiliar is the culture of FS clients, so the team is keen to bring in only tax professionals or engineers who have the flexibility to tailor their style to a traditional insurance house, a US investment bank, a Mayfair hedge fund or a Shoreditch FinTech.
This is a growing area and may offer greater progression chances than sectors such as pharma/biotech or engineering.
If you have an R&D Tax background and would like to explore this opportunity, please get in touch. Equally if you are in a mainstream Corporate/OMB Tax role where R&D has been part of your portfolio and you would like to specialise, this could also be right for you.