Specialist Regulatory Reporting / Taxation

Bank of Communications Co., Ltd. Frankfurt Branch; Frankfurt; On-site; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Transportation subsidies

Meal vouchers

Modern cafeteria

In-house fitness center

30 days annual leave plus 2 days Dec 2

Break room with skyline views

Intercultural exchange

Hobby groups

Job summary

Bank of Communications Frankfurt Branch seeks a Specialist in Regulatory Reporting and Taxation to join a dynamic, international banking team. You will work with seven specialized departments to ensure regulatory compliance and optimize taxation processes, supporting cross-border activities across Europe and China.

The role involves preparing regulatory and statistical reports under CRR/CRD, German GAAP accounting, VAT and transfer pricing, and coordinating with tax authorities and external

Qualifications

• University degree in Finance, Accounting, Taxation, Economics, or related field.
• Professional accounting or tax qualification is advantageous.
• Relevant professional experience in banking, finance, or auditing sectors.
• Strong understanding of CRR, CRD, KWG, and regulatory reporting requirements.
• Comprehensive knowledge of German corporate taxation and international taxation principles.
• Strong analytical capabilities with attention to detail.
• Proficiency in MS Office applications.
• Excellent command of English and German.

Responsibilities

• Prepare and submit regulatory and statistical reports in accordance with German and European banking regulations.
• Ensure reporting accuracy and compliance with regulatory deadlines.
• Prepare tax calculations, tax returns, and tax filings under German tax law.
• Support corporate tax, trade tax, and VAT compliance.
• Monitor withholding tax obligations relating to cross-border transactions.
• Coordinate transfer pricing documentation and OECD Pillar Two initiatives.
• Assist with implementation of new regulatory reporting requirements.
• Coordinate with IT to maintain reporting systems and access to supervisory platforms.
• Respond to external and internal audit requests related to regulatory and tax matters.
• Liaise with supervisory authorities and external service providers as required.

Skills

Regulatory reporting

Taxation

German tax law

Regulatory knowledge

Analytical skills

MS Office

English

German language

Education

University degree in Finance/Accounting/Economics

Professional accounting/tax qualification

Tools

Tax software

ERP systems

Job description

Join the dynamic team at Bank of Communications Frankfurt Branch as a Specialist in Regulatory Reporting and Taxation. Established in 2007, our branch serves as a vital link between China and Europe, contributing to global trade and financial operations. As part of one of China's leading banks with over 2,900 branches worldwide, you'll work within a diverse team of around 40 Chinese and German professionals. Our Frankfurt branch is known for its comprehensive financial services, including national and international payment processing, overseas trading, lending, deposit banking, and more. In this role, you'll collaborate with our seven specialized departments to ensure compliance with regulatory requirements and optimize taxation processes. Your expertise will support our mission to facilitate seamless financial interactions across borders, making a significant impact on our operations. We value innovation, precision, and teamwork, offering a challenging yet rewarding environment for growth and professional development.

Tasks

Option A – Regulatory Reporting

• Prepare and submit regulatory and statistical reports in accordance with
• German and European banking regulations including reports tot eh relevant
• Ensure reporting accuracy and compliance with regulatory deadlines.
• Validate and reconcile financial data between banking systems and regulatory
• reporting systems.
• Monitor developments in CRR, CRD VI and other regulatory requirements
• and advise the senior management in this regard.
• Support implementation of new regulatory reporting requirements.
• Cooperate with the IT team to maintain the requisite reporting systems and
• access to reporting platforms from relevant supervisory authorities.
• Respond to external and internal audit requests related to regulatory matters.
• Liaise with supervisory authorities and external service providers where
• required.

Option B –Taxation

• Preparation of annual accounts under German GAAP
• Prepare tax calculations, tax returns and tax filings under German tax law.
• Support corporate tax, trade tax and VAT compliance.
• Monitor withholding tax obligations relating to cross-border transactions.
• Support transfer pricing documentation.
• Assist with implementation of OECD Pillar Two and other present and
• upcoming, national and international requirements.
• Coordinate tax audits and communicate with tax authorities and external tax
• Respond to external and internal audit requests related to accounting and tax
• matters.

Requirements

Candidates are expected to possess the following qualifications and skills:

• A university degree in Finance, Accounting, Taxation, Economics, or a related field, or an equivalent certification.
• A professional accounting or tax qualification is considered advantageous.
• Relevant professional experience in banking, finance, or auditing sectors.
• For Regulatory Reporting: A strong understanding of CRR, CRD, KWG, and regulatory reporting requirements.
• For German Taxation: Comprehensive knowledge of German corporate taxation and international taxation principles.
• Strong analytical capabilities with a keen attention to detail.
• Proficiency in MS Office applications.
• Excellent command of the English language.
• Proficiency in German.

We offer:

• Employment in a small, flexible team with the opportunity to gain comprehensive insights into all aspects of banking.
• Independent and diverse responsibilities within an international bank featuring streamlined communication channels.
• Performance-based compensation along with standard banking benefits such as transportation subsidies and meal vouchers.
• A modern workplace environment located in Frankfurt's banking district, complete with a cafeteria.
• Post-work activities including various hobby groups and access to an in-house fitness center.
• Opportunities for intercultural exchange within a collegial and familial atmosphere.
• 30 days of annual leave with two additional days off on December 24th and 31st.
• A break room offering panoramic views of Frankfurt's skyline, providing a space to relax and enjoy coffee.

Join Bank of Communications Frankfurt Branch as a Specialist in Regulatory Reporting/Taxation. Enhance your career in a dynamic, international banking environment.