Direct Tax - Sub Lead

The Sub Lead - Direct Tax Reporting will be supporting the Direct tax reporting lead in managing the preparation, review and submission of corporate income tax returns and related direct tax reporting obligations across jurisdictions. This role involves ensuring compliance with all local and international tax regulations, optimizing tax reporting processes, and providing strategic tax planning advice. The role ensures accurate reporting, regulatory compliance and effective Tax management within the Bank’s Tax function. The ideal candidate will have extensive experience in direct tax reporting and a deep understanding of global tax regulations

•    Direct Tax Reporting:
•    Prepare and review corporate Income tax returns and related filings across various jurisdictions.
•    Support the preparation of Tax provisions in accordance with applicable accounting standards (IFRS, Local GaaP). 
•    Ensure timely and accurate filing of all tax-related documents to comply with local and international regulations.
•    Ensure compliance with local tax regulations and global Tax policies.
•    Perform or consolidate the reconciliations between tax reports, general ledger and source systems (liaise across different Data/Application management functions within Tax). 
•    Develop and maintain Tax reporting procedures and controls. 
•    Assist in preparing quarterly and annual tax provisions, including current and deferred tax calculations. 
•    Support preparation of Tax disclosures in financial reports. 
•    Compliance and Risk Management:
•    Monitor changes in tax laws and regulations and assess their impact on the organization.
•    Conduct regular audits and reviews to ensure adherence to tax compliance standards.
•    Monitor strong internal controls and governance over tax reporting processes.
•    Support Tax auditors, regulatory reviews and inquiries related to Direct Tax Reporting. 
•    Maintain documentation and audit trails for all tax filings.

•    Stakeholder Management:
•    Support the Tax lead in Coordinating with global tax leads across regions on the Direct Tax Reporting matters.
•    Act as the liaison between Country Tax teams, external Vendors and the Internal Application support and Data streams. 
•    Collaborate with External auditors, Tax advisors and Finance teams. 
•    Process Improvement:
•    Identify and implement process improvements to enhance the efficiency and effectiveness of tax reporting.
•    Leverage technology and automation to streamline tax processes.
•    Support in Developing and delivering training programs to enhance the tax knowledge and skills of the team.
•    Team Leadership:
•    Lead and develop a team responsible for Direct Tax reporting activities and a team of tax professionals.
•    Foster a collaborative and high-performance culture within the tax team.
•    Provide guidance and support for professional development and career growth of team members.

Regulatory & Business Conduct 
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Lead the Tax CoE team to achieve the outcomes set out in the Bank’s Conduct Principles.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
Country Tax, External consultants, Group Tax, Respective Finance and other relevant departments

•    MS Excel
•    AI Tools
•    SAP/PSGL
•    Automation tools 

•    Bachelor or Master’s degree in Accounting, Finance, Taxation, or a related field (e.g., CPA, CTA) is preferred.
•    Minimum of 10+ years of experience in tax reporting, with a focus on Direct taxes, preferably within a multinational organization or financial institution.
•    Extensive knowledge of international tax laws and regulations.
•    Proven experience in managing tax compliance and reporting processes across multiple jurisdictions.
•    Strong understanding of tax accounting principles and practices

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.