Specialist Regulatory Reporting / Taxation

Job description

Join the dynamic team at Bank of Communications Frankfurt Branch as a Specialist in Regulatory Reporting and Taxation. Established in 2007, our branch serves as a vital link between China and Europe, contributing to global trade and financial operations. As part of one of China's leading banks with over 2,900 branches worldwide, you'll work within a diverse team of around 40 Chinese and German professionals. Our Frankfurt branch is known for its comprehensive financial services, including national and international payment processing, overseas trading, lending, deposit banking, and more. In this role, you'll collaborate with our seven specialized departments to ensure compliance with regulatory requirements and optimize taxation processes. Your expertise will support our mission to facilitate seamless financial interactions across borders, making a significant impact on our operations. We value innovation, precision, and teamwork, offering a challenging yet rewarding environment for growth and professional development. Tasks Option A – Regulatory Reporting Prepare and submit regulatory and statistical reports in accordance with German and European banking regulations including reports tot eh relevant deposit protection scheme. Ensure reporting accuracy and compliance with regulatory deadlines. Validate and reconcile financial data between banking systems and regulatory reporting systems. Monitor developments in CRR, CRD VI and other regulatory requirements and advise the senior management in this regard. Support implementation of new regulatory reporting requirements. Cooperate with the IT team to maintain the requisite reporting systems and access to reporting platforms from relevant supervisory authorities. Respond to external and internal audit requests related to regulatory matters. Liaise with supervisory authorities and external service providers where required. Option B –Taxation Preparation of annual accounts under German GAAP Prepare tax calculations, tax returns and tax filings under German tax law. Support corporate tax, trade tax and VAT compliance. Monitor withholding tax obligations relating to cross-border transactions. Support transfer pricing documentation. Assist with implementation of OECD Pillar Two and other present and upcoming, national and international requirements. Coordinate tax audits and communicate with tax authorities and exte…