Tax Product Owner Associate

DTCC; Jersey City (NJ); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life保险

Pension / Retirement benefits

Paid Time Off and family care

Job summary

DTCC is seeking a Product Manager in its Corporate Tax Department to blend tax advisory with product leadership for Global Tax Services. You will support withholding compliance, advise on new initiatives, and collaborate with onboarding teams to ensure proper documentation.

You’ll drive business analysis, pricing insights, and client adoption within an Agile team. The role focuses on delivering compliant tax services, enhancing revenue opportunities, and coordinating with Operations, Legal, and

Qualifications

• Minimum of 4 years of related experience.
• Bachelor's degree preferred or equivalent experience.

Responsibilities

• Tax advisory and compliance: analyze withholding and reporting tax regulations and provide day-to-day tax support.
• Product delivery and stakeholder engagement: work in an Agile squad and coordinate with internal teams to implement features and review impacts.
• Business management and growth: lead annual planning, revenue forecasting, pricing reviews, and track revenue/expenses.
• Risk, controls, and governance: identify risks, ensure governance, and uphold ethical standards.

Skills

Presentation skills

Writing skills

Verbal communication

Tax withholding knowledge

Tax compliance knowledge

Process improvement

Education

Bachelor's degree preferred or equivalent experience

Tools

Agile/Scrum

Job description

JOB DESCRIPTION

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role:

The Product Manager within DTCC's Corporate Tax Department serves in a dual-capacity role, combining corporate tax advisory responsibilities with product leadership for DTCC's Tax Services business. From a corporate tax perspective, the role supports compliance with tax withholding and reporting regulations across DTCC's business lines. This includes advising on tax considerations for new business initiatives, providing guidance to Tax Operations on corporate action events, and partnering with onboarding teams to ensure clients are properly documented. From a product leadership perspective, the role supports the management and growth of DTCC's Global Tax Services business, which helps clients meet U.S. tax withholding obligations and enables investors to obtain favorable withholding tax rates on non-U.S. securities held at DTC. As part of the Product team, the Associate supports business analysis, requirements documentation, stakeholder engagement, and execution of regulatory, compliance, and client-experience initiatives. The role also supports business planning, revenue reporting, product commercialization, client adoption, pricing analysis, and identification of new revenue opportunities across Tax Services.

Your Primary Responsibilities:

• Tax Advisory and Compliance
  • Analyze withholding and reporting tax regulations, income tax treaties, and securities prospectuses to ensure tax withholding and reporting compliance
  • Provide day-to-day tax support to Operations on withholding tax matters
  • Collaborate with product managers, Operations, and in-house counsel to develop service enhancements and compliance procedures
• Product Delivery and Stakeholder Engagement
  • Serve as a key product member of an Agile squad, partnering with internal teams to implement new features, review proposed changes, incorporate feedback, and communicate impacts to stakeholders
  • Participate in cross-functional project meetings to review strategy, operational impacts, risks, dependencies, and implementation considerations
• Business Management and Growth
  • Lead annual business planning, volume and revenue forecasting, pricing reviews, and ongoing tracking of business revenue and expenses
  • Identify opportunities to increase revenue, reduce costs and improve the client experience
  • Plan and coordinate DTC’s annual tax conference
  • Act as the primary business contact for internal control functions, Operations, and Technology teams
• Risk, Controls, and Governance
  • Identify risks that may affect project objectives and elevate issues to appropriate management.
  • Ensure adherence to DTCC’s product development methodology, including applicable stage-gate processes for specific project
  • Serve as a subject matter expert for assigned product areas and, when required, attend client meetings to provide expertise and guidance
  • Mitigate risk by following established procedures, monitoring controls, identifying key errors, and demonstrating strong ethical behavior
  • Maintain strong ethical standards and support a culture of accountability, control discipline, and risk awareness
  • Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately

Qualifications:

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• Strong presentation, writing, and verbal communication skills, including experience preparing executive-level presentations and slide decks
• Knowledge of and experience with U.S. tax withholding regulations, including Sections 1441, 1446, 871(m), 305(c), and 302, as well as Forms 1099 and 1042-S reporting
• Knowledge of U.S. and global securities market practices related to income processing, tax implications, and tax relief or reclaim procedures for ADRs and other DTC-eligible foreign securities
• Ability to explain complex tax, product, and operational concepts clearly to both internal and external audiences
• Ability to perform process analysis and develop efficient process improvements or automation solutions.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

ABOUT US

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn , X , YouTube , Facebook and Instagram .

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here .

ABOUT THE TEAM

Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.

The Tax department develops and executes DTCC's tax planning strategies, and manages our myriad global tax compliance and reporting requirements spanning across seventeen countries in Asia, Europe, Australia and North America. The Tax department also advises DTCC's businesses on tax matters, supporting their operations and transactions by evaluating tax consequences and risks.