CB IB Operations & Controls - Operational Tax and Asset Servicing - AVP / VP

CB IB Operations & Controls - Operational Tax and Asset Servicing - AVP / VP

Job Description:

Details of the Division and Team:
Operational Tax and Asset Servicing is part of Global Securities Operations and is responsible for managing and supporting all operational tax processes and corporate action services for Global Securities Operations of Deutsche Bank AG, Jakarta.

What we will offer you:
A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Comprehensive Medical Insurance Coverage for Employee and Family
• Life Insurance Coverage
• Additional Pension Scheme (DPLK) on top of Statutory Contribution
• EAP - free and confidential counseling, online work-life resources
• Staff Loan including Housing Loan, Car Loan and Personal Loan
• Hybrid work arrangement
• Comprehensive leave benefits
• Annual health checkup - cost borne by company (once a year; conditions apply)

Your key responsibilities:

• Act as a Subject Matter Expert for tax related matters.
• Having good understanding on corporate actions related matters.
• Responsible for the overall tax function within Global Securities Operation, and Securities Services and ASL Business Division.
• Provides strategic tax leadership to develop and strengthen the custody operation's tax position and proactively keeps abreast of tax regulations.
• Provide insight on new tax regulation that have an impact on the business areas supported, and ensure the relevant parties are informed, and necessary changes implemented upon sign off.
• Provide advice on taxation related matters to securities services and ASL business division.
• Ensure that Global Securities Operation meets all its tax obligations, operates in line with the organization's global tax strategies.
• Prepare withholding tax payment and tax reporting submission for custodian bank transaction in our role as withholding tax agent.
• Prepare withholding tax payment and tax reporting submission for transactions of mutual fund clients in our role as custodian bank.
• Conducting review on the validity of DGT form and certificate of residence (CoR) of nonresident clients.
• Process valid DGT form and certificate of residence (CoR) into Deutsche Bank's systems and tax authority's application.
• Managing clients' queries including tax reclaim, relief at source, withholding tax slips, and tax overbooking request.
• Ensure the process of corporate action mandatory and voluntary events comply with internal policy, government regulations and client service agreements.
• Ensure cash distribution of coupon payment is made timely in accordance with the regulation.
• Ensure all clients' (internal and external) queries are dealt with in a timely and effective manner.
• Review and update Key Operation Procedure (KOP) on a regular basis.
• Managing relationship with external consultant, tax authority, Securities and Central Depository (KSEI), Securities Administration Agency (BAE), and Associations.
• Interaction with various areas within Operations, Network Management, Front Office, Clients, bank network, Risk Team, and Group Tax.

Your skills and experience:

• Minimum 10 years' working experiences in tax operations and asset servicing for VP role and minimum 8 years' working experiences in tax operations for AVP role.
• Having experience in handling taxation related to securities and custodian banks activities including corporate action process.
• Have a strong knowledge in Indonesia tax regulations and requirements.
• The candidate should be well versed with the various Tax regulations and have the ability to understand the various aspects and concepts of taxes like Financial Transaction Tax, Stamp Tax, Withholding Tax, Reclaims filing, Reporting, and Payments etc.
• Strong leadership skill with experiences in leading team.
• Strong time management, organizational, planning and follow-up skills; ability to multi-task effectively.
• Strong risk and control mindset and awareness to manage operations risk.
• Ability to continuously deliver improvements in process and transformation.
• Ability to prioritize competing demands.
• Strong analytical and problem-solving skills.
• Proficient in MS office applications.
• Strong capacity to assimilate other stakeholders' perspectives and fast learning abilities.
• Ability to use sound judgment to meet regulatory standards.

How we'll support you:

• Flexible working to assist you balance your personal priorities
• 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
• Training and development to help you excel in your career

About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network.

Deutsche Bank & Diversity:
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.