Vice President -Tax Operations India Lead

Role Description

Tax Operations

The function is structured into five key sub-processes:

Transactional Taxes

Cost Basis

Derivative Tax

FATCA & CRS

Tax 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

India-based Tax Processing team

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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm