Tax Advisor - Vice President
Job Description:
Job Title: Tax Advisor - Vice President
Corporate Title: Vice President, Tax Advisory
Location: New York
Overview
Tax Advisory role for US tax law specialist within Group Tax Americas with a focus on US tax rules involving: (i) FATCA, (ii) Non-Resident Alien (NRA) withholding and (iii) information reporting across all Deutsche Bank business lines globally. You will have a particular focus on maintaining appropriate policy and process frameworks for these three key areas in addition to Qualified Intermediary functions. Prior experience or familiarity in these specialized areas of US tax law (as well as international tax generally) is strongly preferred. Role provides flexibility to expand into other general areas of Tax Advisory including new products/transactions, risk-assessment and control of tax-related risks, and other advisory work within a global investment bank.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift and volunteer programs
What You’ll Do
Work closely with the FATCA Responsible Officer as part of overall Group Tax responsibility for compliance with FATCA and related functions. Includes maintenance and streamlining of existing compliance program covering FATCA and NRA withholding policies and procedures.
Work with internal operations teams and external tax advisors to identify and analyze tax reporting and withholding obligations.
Review and analysis of US information reporting policies and procedures including Forms 1099s, 1042s, 945s and 8966s.
Provide subject matter expertise on Form W-8 validation, presumption rules, income characterization, sourcing and treaty analysis of payments, analysis of FATCA/CRS status and related reporting requirements.
Provide tax advice on withholding tax matters within transaction documents (e.g., ISDA, securities lending transactions, repo agreements).
Maintain core tax document library for DB business units and legal entities (e.g., US W-8 forms and residency certificates).
How You’ll Lead
Develop and implement tax policies, procedures and controls in line with regulatory and business requirements
Provide subject matter expertise on operational tax issues such as withholding tax, FATCA/CRS, 1099/1042-s reporting, transaction taxes, etc
Skills You’ll Need
At least 3+ years’ experience relating to FATCA, NRA withholding and US information reporting.
Demonstrated experience and familiarity with operational data flow and onboarding processes common in global banking industry.
Excellent ability to understand, interpret, apply and communicate tax-related regulatory and policy requirements.
Ability to work and communicate effectively with various stakeholders throughout Deutsche Bank including business lines, client onboarding, and tax operations.
CPA or JD preferred but not required.
Skills That Will Help You Excel
Excellent communication skills, both written and spoken
Ability to balance strategic initiative in a fast-paced environment, manage priorities and team-building skills
Thinking outside the box mentality - challenge status quo
Strong presentation skills to senior management
Problem solving and critical thinking skills
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $125,000 to $222,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.