About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
The primary purposes of the role is to ensure that ASEAN region tax risk is well controlled and remains within risk appetite. This role has supervisory responsibilities and therefore the Bank's supervisory principles must be followed.
Contribute to the development and implementation of a tax strategy for the region consistent with the Group's.
Understand and contribute to the region's business strategy.
Partnering with local CFO's, influence development of regional tax policy and legislation in the region that is sustainable and achieves the policy objectives with minimum compliance and collateral costs.
Provide oversight for the provision by external advisers of all tax matters and reporting advice to business and on corporate transactions.
Sign off all regional tax aspects of material format approvals such as product country addendums, change in structure forms and repatriation requests.
Partnering with ASEAN Tax teams, ensure impact assessments are undertaken for all tax law changes with a material impact on the region's tax profile and ensure key stakeholders are kept informed of material impacts of these developments where relevant.
Support clients by proactively managing ASEAN taxation to facilitate successful business within tax risk appetite.
Maintain relationships with key stakeholders in key ASEAN countries.
Work with ASEAN Tax teams and Tax specialist groups as required, to proactively identify and execute on value opportunities that are consistent with the Group's Approach to Tax and Tax Policy
Oversight of the forecasting, reporting and tax compliance processes as agreed under the Tax Procedure for the region including processes for direct tax, indirect taxes, transfer pricing and client tax reporting.
Oversight of the advisory support for all tax matters.
Engage with CEO, CFO and other senior stakeholders.
Discharge Tax RCO responsibilities for ASEAN jurisdictions in accordance with the Tax Procedure and Operational Risk Framework.
Manage ASEAN direct & indirect tax risk within the risk appetite of the Group.
Support ASEAN Tax teams in reviewing and signing off material corporate income tax returns and indirect tax returns.
Set strategy for resolving controversy for ASEAN jurisdictions and together with the ASEAN Tax teams drive any material settlement or litigation matters.
Ensure judgemental decisions regarding material uncertain tax positions in respect of transactions are escalated with an appropriate recommendation.
As Regional Tax RCO for ASEAN, review and counter-sign attestation to support compliance with relevant tax controls.
Provide subject matter expertise to Financial Crime Compliance as required with regard to tax evasion aspects of financial crime compliance. Partner with ASEAN Tax teams and other key stakeholders as required in support of non-client tax evasion matters.
Ensure relationships with ASEAN tax authorities and auditors are managed in a transparent, professional and constructive manner.
Provide support to ASEAN Tax teams in the roll out of group wide tax risk management initiatives.
People and Talent
Communicate vision of the role of the regional tax function and role-model collaboration across the Tax function.
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations for the team and work in collaboration with risk and control partners.
Ensure the provision of ongoing training and development of people, and that holders of critical functions are suitably skilled and qualified for their roles and effective supervision is in place to mitigate risks.
Employ, engage and retain high quality people with succession planning for critical roles.
Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
Provide additional support to ASEAN Tax teams where required, particularly where growing a team member into the role or in cases of performance issues.
Manage governance arrangements relevant for ASEAN direct & indirect taxes.
Take personal responsibility for understanding the risk and compliance requirements of the role and communicating the same to the team. Understand and comply with, in letter and spirit, all applicable laws and regulations, including those governing anti-money laundering, terrorist financing and sanctions; the Group's policies and procedures; and the Group Code of Conduct. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters.
Embed the Group's values and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
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 ASEAN Tax teams to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Maintain an effective relationship with ASEAN tax authorities.
Regional CFO-ASA, ASEAN Country CFO's and Financial Controllers, ASEAN Business Heads & COOs, ASEAN COO, Legal, CFCC, Global Process Owner, Tax, Head- Tax Reporting and other members of the Tax Leadership Team.
Regional Head, Corporate and Public Affairs, Brand and Marketing
ASEAN Tax Authorities,
Participation in relevant Banking Association Tax Committees (CMTC, ASIFMA, Local Banking Associations etc)
External Advisers and industry peers.
Perform other responsibilities are agreed.
Our Ideal Candidate
Professional Accountancy or Taxation qualification, CPA or CTA equivalent.
Significant post qualification tax experience including direct experience of in-house Financial Services role and of controversy management.
Excellent technical depth and judgement on ASEAN tax related matters together with a good understanding of banking products & regulation is crucial. Knowledge of one or both UK or US tax law would be well regarded.
Strong stakeholder management skills, able to simplify complex tax matters for non-tax senior stakeholders.
Track record of process delivery in a complex, global environment.
Capable people manager with excellent leadership skills and the ability to engage across a network located in multiple locations.
Capability to make sensible, real-time commercial and risk judgements and provide practical solutions
Track record of delivery in a complex, global environment, including delivering the tax organisation on multi-jurisdictional transactions
Credibility and communication skills to influence relevant tax policy development
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.