Tax Processing Operator - Bengaluru, India - Deutsche Bank

Deutsche Bank

Verified Company

Bengaluru, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Title :
Tax Operating processor

Location :
Bangalore**
Role Description

Operational Tax is part of Group Technology and Operations and is responsible for managing and supporting all operational tax processes for Deutsche Bank AG and associated entities.

The Tax operations team is comprised of various sub processes

Financial Transaction Tax
Cost Basis
Derivative Tax
Stamp Tax
FATCA, CRS and
Regulatory reporting and Reclaims

What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy

Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above

Your key responsibilities

Day to day processing/deliverables for operational tax processes like:
Tasks impacting Tax regulatory activities such as WHT daily reconciliations, monthly regulatory reporting to tax authorities, calculating the tax amount to be paid to Tax authorities
Payment and reporting of Withholding Tax for European market, Annual Reporting and Relief at Source.
Reclaims filing for various markets,
Issuing Credit Advice to the clients as a supporting document for filing reclaim
Ensure that there are no misses in any of the internal/external or regulatory deadlines,
Ensure all client (internal and external) queries are dealt with in a timely and effective manner.
Ensure continuous maintenance of relevant Tax data on back office systems
Produce relevant Tax MIS and maintain full audit trails
Review the processes undertaken within the team and redevelop and redesign where cost savings/efficiencies can be made
Knowledge of Equities Trade Life cycle, Reconciliation of Nostro and internal accounts, Exposure to Reconciliation systems like TLM, etc. will be an added advantage

Your skills and experience

Mandatory Skills:

Excellent verbal and written communication skills
Basic Knowledge of Withholding Tax & reclaim concepts, Transaction Tax, Capital Gains Tax etc.
Strong time management, organizational, planning and followup skills; ability to multitask effectively
Sense of accountability and responsibility of the relevant processes
Ability to prioritise competing demands
Strong analytical and problem solving skills
Strong capacity to assimilate other stakeholders perspectives and fast learning abilities
Ability to use sound judgment to meet regulatory standards
General knowledge of Business Banking product set

Preferred Skills

Accounts
Reconciliation, Substantiation, MIS Payments

Settlements

Financial instruments, Custody & Asset management
Exposure to Equities Settlements/reconciliations preferred

How we'll support you

Training and development to help you excel in your career
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs

About us and our teams
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation.

We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.

Talk to us about flexible work arrangements and other initiatives we offer.