Role Description:

- Tax Operations is a core function within Margin Treasury and Tax Operations, responsible for managing and supporting all operational tax processes for Deutsche Bank AG and its associated entities.

- The team ensures compliance with global tax regulations and primarily supports the Corporate Bank and Investment Bank divisions.

The function is structured into five key sub-processes:

- Transactional Taxes - including Financial Transaction Tax (FTT), Withholding Taxes, and Stamp Duty.

- Cost Basis - managing client tax lot allocations and market/client transfer statements.

- Derivative Tax - covering tax implications on derivative instruments.

- FATCA & CRS - ensuring compliance with U.S. and global tax transparency regulations.

- Tax Reclaims - managing relief at source and post-payment reclaims

Tax Operations also oversees:

- Tax Due Diligence (TDD) - encompassing validation of tax documentation, client self-certification, and classification.

- Regulatory Reporting - including FATCA, CRS, Chapter 3/61, and other jurisdictional filings.

- Reconciliation and Payments - ensuring accurate tax application and alignment between Deutsche Bank systems and tax authorities.

- Audit and Risk Management - supporting internal and external audits, and maintaining robust control frameworks

- This role leads the India-based Tax Processing team, spread across Pune, Bangalore, and Jaipur, and is pivotal to the global delivery model. India accounts for 71% of the global Tax Operations headcount, with 97 out of 136 FTEs located in India.

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:

- Subject Matter Expertise: Act as a SME across operational tax processes including FATCA, CRS, Chapter 3 Reporting, Withholding Tax, Capital Gains Tax, Transaction Tax, Cost Basis, Stamp Tax, Tax Reclaims/Relief at Source, tax payments to authorities, and Tax Due Diligence (TDD)-covering client classification, self-certification validation, and documentation review.

- Regulatory Awareness: Stay abreast of market and regulatory changes impacting tax operations; ensure timely communication and implementation of necessary changes.

- Risk & Controls: Monitor risk and control indicators, maintain robust mitigation processes, and escalate incidents to senior management promptly.

- Project Management: Lead initiatives to implement new regulatory requirements and technology-driven process enhancements.

- Stakeholder Engagement: Manage relationships with senior stakeholders across Business, Technology, Operations, Clients, Agent Banks, Risk, and Group Tax.

- Operational Oversight: Oversee tax processing activities across all sub-processes, ensuring timely and accurate execution.

- Team Leadership: Provide leadership to India Tax Ops and Tax Due Diligence teams, support issue resolution, and foster collaboration across locations.

- Client Service: Ensure timely and effective resolution of internal and external client queries.

- Process Optimization: Review and redesign processes for efficiency and cost savings; collaborate with tech teams to automate and streamline workflows.

- MIS & Reporting: Produce and present India Tax Operations MIS to senior management for strategic insights.

- Collaboration: Work closely with global operations teams to ensure tax processes align with regulatory expectations and internal standards.

- Support & Guidance: Assist teams with operational tax queries and ensure consistent execution across supported businesses.

Your skills and experience:

- Graduate with an excellent academic record and over 15 years of experience in the Banking and Finance industry. Prior experience or understanding of Custody and Asset Services is preferred.

- Deep technical knowledge of global tax regulations and operational tax processes.

- Strong understanding of regulatory trends and business banking products.

- Proven ability to manage competing priorities and deliver under pressure.

- Effective communicator with experience managing global stakeholder relationships in a matrixed environment.

- Demonstrated leadership in cross-functional teams with strong interpersonal and collaboration skills.

- Analytical mindset with strong problem-solving, judgment, and decision-making abilities.

- High attention to detail and a proactive approach to questioning and improving existing practices.

- Skilled in project management, regulatory implementation, and process optimization.

- Proficient in MS Office; adept at organizing, planning, and multitasking.

- Self-motivated, independent, and a committed team player.

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