Executive Director, Asean Cluster Tax Head

**RESPONSIBILITIES**
- The primary purpose of the role is to ensure that ASEAN cluster tax risk is well managed and remains within risk appetite.
- This role has supervisory responsibilities and therefore the Bank’s supervisory principles must be followed.

**Strategy**
- Contribute to the development and implementation of a tax strategy for the ASEAN cluster consistent with the Group’s.
- Understand and contribute to the cluster’s business strategy.
- Partner with the ASEAN and local CFOs, 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.

**Business**
- Provide oversight for the provision by external advisers of all tax matters and reporting advice to business and on corporate transactions, where required partnering with Business Tax team members.
- Sign off all regional tax aspects of material format approvals such as product country addendums, change in structure forms and repatriation requests.
- Partner with Business units together with ASEAN Tax teams, ensure impact assessments are undertaken for all tax law changes with a material impact on the cluster’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.

**Processes**
- Oversight of the forecasting, reporting and tax compliance processes in accordance with the various Tax Standards including processes for direct tax, indirect taxes, transfer pricing and client tax reporting.
- Oversight of the advisory support for all tax matters partnering with the Business Tax and other specialist Tax teams where required.
- Engage with senior stakeholders (i.e. CEO, CFO)

**Risk Management**
- Discharge Tax responsibilities for ASEAN jurisdictions in accordance with the Tax Standards 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 Cluster Tax RCO for ASEAN, review and counter-sign attestation to support compliance with relevant tax controls.
- 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. Specifically for Head of Tax Singapore Role (in addition to that of the ASEAN Cluster Head of Tax Role)**Client tax information Reporting**
- Identifying, sourcing, validating and reporting client tax information to tax authorities (and clients), including reporting obligations imposed under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standards (CRS).
- Managing and enhancing the governance around Client Tax Information Reporting activities across all business lines, client segments and countries.
- Providing tax support and oversight to the bank’s AEOI reporting processes, including overseeing transition of all tax aspects of the process to BAU.
- Monitoring, reviewing and implementing changes in the CTIR tax technical landscape working with external advisors and internal stakeholders to agree appropriate reporting.
- Ensure Group Client tax compliance policies, procedures and standards are effectively implemented and executed through the regional compliance teams for all relevant regulations.
- Manage and ensure all appropriate client tax compliance advice, training, risk assessment and monitoring is delivered to Group staff in all relevant jurisdictions.

**Tax Reporting & Forecasting**
- Ensure accurate and timely quarterly group tax reporting, tax forecasts of the group’s effective tax rate and other reporting as required for Group reporting purposes.
- Create and provide reporting to internal and external relevant risk and control committees and regulators on key and compliance risks and issues.
- Manage the external and internal tax reporting for the branches and subsidiaries.
- Compile and report on tax liabilities in compliance with relevant legislation and standards.
- Ensure tax returns are accurate and submitted to the tax authority in accordance with the statutory timelines.
- Assist in the overall management