Analyst, Specialist, Operations, Digi Online Ops, Consumer Banking, Technology and Operations

DBS Bank; Pennsylvania; On-site; USD 90,000 - 120,000; Full time

Job summary

DBS Bank seeks a Taxation and Regulatory Operations specialist to manage GST and income tax compliance for digital banking transactions. You will ensure accurate GST, TDS, and TCS calculations, regulatory reporting, and timely reconciliations.

Responsibilities include end-to-end tax reporting, automation opportunities, and audits coordination with Finance, Compliance, and Operations teams. Strong Excel/MIS skills and stakeholder management are essential.

Qualifications

• GST Calculation & Reporting expertise.
• TDS compliance and reconciliation experience.
• TCS on LRS transactions knowledge.
• Taxation of digital payment transactions familiarity.
• Banking tax accounting proficiency.
• GL reconciliation experience.
• Regulatory & statutory reporting capability.
• Advanced Excel and MIS reporting skills.
• Strong stakeholder management.

Responsibilities

• Calculate, validate, and reconcile GST for banking products and digital transactions.
• Manage end-to-end GST reporting, reconciliations, and compliance.
• Process and validate TDS deductions on banking transactions and vendor payments.
• Calculate and apply TCS on LRS and other taxable transactions per Income Tax rules.
• Review digital payment transactions for correct tax treatment and accounting.
• Monitor GST, TDS, TCS, and Income Tax changes and update processes.
• Prepare tax MIS, regulatory reports, and dashboards.
• Coordinate with Finance, Taxation, Compliance, Tech, and Ops teams to resolve tax issues.
• Support audits with tax documentation and reconciliations.
• Perform tax GL reconciliation and resolve unreconciled items.
• Identify automation and process improvements in tax workstreams.
• Maintain SOPs, process notes, and controls for taxation activities.
• Ensure RBI, GST, and Income Tax compliance.

Skills

GST Calculation & Reporting

TDS Compliance & Reconciliation

TCS on LRS Transactions

Taxation of Digital Payment Trans

Banking Tax Accounting

GL Reconciliation

Regulatory & Statutory Reporting

Advanced Excel & MIS Reporting

Stakeholder Management

Education

Commerce/Finance/Accounting degree

Job description

Business Function
Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Business Function
Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
Responsible for managing taxation and regulatory operations related to digital banking transactions, ensuring accurate GST, TDS, and TCS calculations, regulatory reporting, compliance with RBI and tax regulations, and timely reconciliation of tax-related financial entries.

Key Responsibilities And Requirements

• Calculate, validate, and reconcile GST applicable to banking products, digital payment transactions, and service charges.
• Manage end-to-end GST reporting, tax reconciliations, and statutory compliance.
• Process and validate TDS deductions on applicable banking transactions and vendor payments.
• Calculate and apply TCS on Liberalized Remittance Scheme (LRS) and other eligible transactions as per Income Tax regulations.
• Review digital payment transactions to determine applicable tax treatment and ensure accurate tax accounting.
• Monitor changes in GST, TDS, TCS, and Income Tax regulations and implement process updates.
• Prepare periodic tax MIS, regulatory reports, and management dashboards.
• Coordinate with Finance, Taxation, Compliance, Technology, and Operations teams to resolve tax-related issues.
• Support internal, statutory, and regulatory audits by providing tax documentation, reconciliations, and evidence.
• Perform tax GL reconciliation and ensure timely resolution of unreconciled items.
• Identify opportunities for automation and process improvements in tax calculation, reporting, and compliance.
• Maintain Standard Operating Procedures (SOPs), process notes, and operational controls for taxation activities.
• Ensure compliance with RBI guidelines, GST laws, Income Tax Act, and internal governance policies.

Required Skills

• GST Calculation & Reporting
• TDS Compliance & Reconciliation
• TCS on LRS Transactions
• Taxation of Digital Payment Transactions
• Banking Tax Accounting
• General Ledger (GL) Reconciliation
• Regulatory & Statutory Reporting
• Financial Controls & Risk Management
• Advanced Excel and MIS Reporting
• Strong analytical, problem-solving, and stakeholder management skills

Preferred Qualifications

• Bachelor’s or master’s degree in commerce, Finance, Accounting, or Business Administration.
• Experience in Banking Taxation, Financial Operations, Regulatory Reporting, or Digital Payments Operations.
• Knowledge of GST laws, Income Tax Act (TDS/TCS), RBI regulations, and banking operations.

Location:
Technology Centre

Job:
Operations

Schedule:
Regular

Employee Status:
Full time