Tax Product Specialist Associate

  • Negotiable
  • Jacksonville, FL, USA
  • Permanent, Full time
  • Deutsche Bank - US
  • 19 Apr 19

Experience/ Exposure: * Experience working on Operational and IT change programs * Experience with regulatory US Tax initiatives

Operations

Operations provides support for all of Deutsche Bank's businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centres such as London, New York, Frankfurt and Singapore, as well as specialist development and service centres in locations including Bucharest, Moscow, Pune, Dublin and Cary. We process payments in excess of a trillion euros across the bank's platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.

A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimised and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.

Position Overview

Job Title: Tax Product Specialist
Corporate Title: Associate
Location: Jacksonville, FL

Role Description:

Product Specialist - Subject Matter Expert (SME)

  • The operations expert provides in-depth technical knowledge and expertise covering complex policies, processes, products and regulatory requirements. They keep abreast of industry best practices, sharing knowledge with a range of internal stakeholders at all levels, regionally and globally as appropriate. They input to business strategy as required
  • The operations expert represents the Bank by managing strong relationships with all relevant internal and external stakeholders e.g. industry forums, regulators, third party vendors, market participants and internal divisions e.g. IT, Legal or Product Management. They communicate all changes relating to operational requirements, which impact on relevant processes and controls; ensuring understanding by the relevant target audiences
  • The operations expert identifies analyses and reviews operational readiness for any change-related activities. They define the requirements e.g. for the standardization of processes/policies, translating the required changes for an operational environment and overview effective implementation. They also assess the risks and are responsible for risk mitigation to protect the Bank's reputation
  • The operations expert acts as a SME, specializing in one of a number of disciplines which include Asset Services, Client, Payments, Branch Operations, Document & Confirmations, Collateral Management, Regulatory Operations, Trade & Transaction, Trade Finance, Tax, Reconciliation and Client Management. The specific responsibilities associated with each discipline are detailed in the 'Role Responsibilities' section

Role Responsibilities:

  • Manage and quantify operational requirements and impact of any change initiative to the RTB processing line
  • Support Regulatory US Information Withholding and Reporting functions for Deutsche Bank and clients
  • Develop and prepare operational readiness for change programs
  • Develop training and key operating procedures for change initiatives
  • Implement controls and governance oversight to ensure operational procedures adhere to the regulatory tax requirements

Experience/ Exposure:

  • Experience working on Operational and IT change programs
  • Experience with regulatory US Tax initiatives

Consider the experience required in the following areas:

  • Risk and Regulatory - experience with regulatory programs
  • Business - experience managing business relationships and SLA's
  • Leadership - experience serving as key contact and main contact between Ops and IT

Education/ Qualifications:

  • BA or BS degree