Senior Tax Counsel - Real Estate

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and actdecisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role

This role will provide strategic tax advice and support to the Corebridge Real Estate Investors “(CREI”) function. The Tax Advisory team seeks a highly motivated individual who will report to the Head of Tax Advisory and who will be the lead tax advisor to CREI, responsible for structuring and tax analysis of Corebridge’s real estate investments in addition to ensuring compliance with US federal, state and local tax laws. This position also provides an opportunity for ad hoc support of other areas within the Tax Advisory group as well as the financial reporting and compliance arms within the Corebridge Tax team.
Key responsibilities involve providing day to day advisory coverage to CREI on all U.S. federal, state and local income tax matters pertaining to acquisitions and sales of real estate investments held via U.S. and non-U.S. fund structures, including via REITs.

Responsibilities

• Partnering with teams across Legal, Accounting, and CREI to understand business objectives and delivering on tax efficient structures and planning strategies.
• Structuring and evaluating transactions, including leading and conducting due diligence and review and approval of all investment structures (including REITs) from a tax perspective.
• Independently reviewing, negotiating and approving tax related provisions of all legal documents, including, but not limited to, Joint Venture Agreements, Tax Exhibits, Purchase & Sale Agreements, and Loan Agreements.
• Partnering with Legal, Accounting and CREI to identify, advise on and manage risks for all real estate investments and transactions, including funds with third party investors.
• Managing relationships with outside advisors to ensure timely, on budget delivery of tax services.
• Collaborating with the tax compliance function on returns and any required documentation as well as coordinating tax compliance issues regarding entity formations and entity dispositions.
• Managing and coordinating state and local tax work, including captive REIT issues, non-resident withholding, state tax notices, state tax refund filings, and various investment issues such as transfer taxes.
• Supporting the CREI London team to ensure all non-U.S. deals have appropriate local tax structuring and documentation and U.S. tax issues are considered and managed appropriately.
• Analyzing US federal, state and local tax law developments and advise and business partners and senior leadership on potential impacts, as appropriate.
• Translating complex tax advice into common language for business partners and senior leadership.
• In depth understanding of the interaction of Pillar Two rules and majority owned non-U.S. legal entities investing in real estate.
• Support the Tax Department on ad hoc projects and business initiatives as needed.

Skills and Qualifications

• 6+ years of progressive relevant subject matter experience as a tax associate at a law firm or in a real estate tax-planning function at a Big Four accounting firm or US multinational insurance company/financial services company. Must have real estate experience
• J.D. or L.L.M. degree from an accredited U.S. law school and license to practice law required.
• Be a trusted partner, possess integrity and a strong work ethic;
• Possess strong attention to detail, organizational, planning, analytical, and listening skills;
• Be process oriented, a self-starter, problem solver, and follow-through on commitments;
• Be proactive, flexible, adaptable, collaborative, enthusiastic and able to work in a fast-paced environment;
• Possess excellent oral and written communication skills, teamwork, negotiation and persuasion; skills, with the ability to engage with business leaders and senior leadership;
• Able to work independently, exercise good judgement and be decisive;
• Be open to new ideas; and
• Experience with US multinational insurance companies and/or financial services companies a plus.

Compensation

The anticipated salary range for this position is $156,000 to $250,000 at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Work Location

If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

#LI-SB1 #LI-SAFG #LI-Remote

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected