Paul N. Mark
Paul N. Mark
Mutual Fund & Hedge Fund Tax Management Expert
A champion of productive and profitable compliance Paul leverages his understanding of complex tax regulations and their impact on business to improve compliance with taxing entities while maintaining overall tax risk profile. He has vast experience in the taxation of derivative instruments, including futures, forwards, options, swaps, “swaptions”, caps, collars, floors, and prepaid notes; his superior understanding of workflow principals and available tax management tools will help streamline operational processes and drive down costs. Paul combines in-depth corporate training experience with classroom expertise gained as a Bentley University adjunct to develop and deliver employee development programs that optimize return on investment in personnel and technology.
To contact Paul give him a call at 617-285-6615, email him at firstname.lastname@example.org or find him on LinkedIn.
Areas Of Specialty
Regulated Investment Companies (“RICs”)
Swaps & Notional Principal Contracts
Options, Caps, Floors & Collars
Regulated Futures Contracts
Tax Risk Management
Private Equity Funds
Forward Currency Contracts
Tax Process Design
Staff Retention & Advancement: Developed and implemented training programs, team building efforts, development plans, and work flowing productivity tracking tools to challenge and advance high performers and identify and support performers in need. Effect was a 90% in turnover to competitors and a three-fold increase in promotions which directly correlated with improved client satisfaction and retention of institutional knowledge.
Business Development: Developed new client relationships and expanded existing client relationships to create over 4,000 client service hours of consulting and outsourcing business in the taxation of mutual funds and hedge funds and the documentation and review of Sarbanes-Oxley Section 404 documentation.
Profit Improvement: Reversed years of negative profit performance with a major mutual fund client by improving workflow that reduced cost and time to service by 10%, bringing the account within maximum billing tolerances.
Productivity Enhancement: Led projects to build database applications to analyze various book-to-tax differences. Designed and executed testing plans to ensure completeness of data sets used and accuracy of results. Resolved historically late, rushed and error-plagued year-end closing issues, turning what was a reactive, month-long, 7-day-per-week scramble into a proactive plan that produced superior results on 5.5 day work weeks.
Thought Leader: Teach Taxation of Regulated Investment Companies and Their Shareholders as Adjunct Professor for Bentley University’s Department of Law, Finance, & Taxation, since 2007; Highly regarded blogger (www.submtax.com) and white paper author on issues related to mutual fund taxation, derivative securities and market regulation.