Senior Tax Counsel

Company: Deutsche Bank AG
Location: New York
Posted on: March 20, 2023

Job Description:

DWS Group (DWS) is one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management - as well as our deep environmental, social and governance focus - complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.DWS wants to innovate and shape the future of investing: with approximately 3,900 employees in offices all over the world, we are local while being one global team. We are investors - entrusted to build the best foundation for our clients' future.OverviewDWS has an immediate opening for a Senior Tax Counsel in the US. You will need to have relevant experience (6+ years) in the field of US federal taxation, with significant experience in alternative asset fund formation. Our Senior Tax Counsel position provides an opportunity to focus on domestic corporate tax and fund taxation issues, while also getting exposure to state, local and international taxation matters, tax risk management, and larger projects.The role includes oversight of the tax advisory and FATCA functions and may assist the Regional Tax Reporting & Compliance team in supporting the tax controversy function. The Senior Tax Counsel will be responsible for all US Tax Advisory matters and will manage an employee who handles FATCA compliance and oversight.Your Key Responsibilities:Evaluate the impact of new legislation and tax pronouncements and implement requirements appropriatelyLead and manage US tax planning for the company as well as tax research and advisory support for internal business partners, including addressing concerns of investors during side-letter negotiations, reviewing tax language in legal documents, and advising on tax aspects of fund restructurings, wind-downs, internal corporate restructurings, M&A and strategic investmentsReview, advise on and approve new products and transactions from a US tax perspective, including ensuring that alternative asset funds are structured appropriately for different types of investors (US taxable, tax-exempt, super tax exempt, and non-US), as well as for DWS co-invest and carry structures; ensure consistency across funds; manage and coordinate with outside counsel; liaise with DWS Tax counterparts in other countriesAdvise on, monitor and establish policies to control tax risk, including relating to cross-border travel and remote work from other statesServe as the FATCA responsible officer and oversee an employee who handles FATCA oversight and complianceWork with the Regional Head of Tax US to manage responses to IRS, state and local tax notices, as well as auditsResponsible for special projects as assigned by the Global and Regional Heads of TaxYour Skills & Experience:Attorney with at least 6 years of US federal corporate tax experience with either a large law firm, public accounting firm, and/or corporate tax departmentMaster of Taxation/LLM is preferredSignificant experience with top-side fund structuring involving investors from multiple countries; experience with US corporate consolidated groups and US partnership taxation; understanding of REIT and RIC taxation, FIRPTA, portfolio interest, PFIC tax issues, reportable transactions and DAC6, and basic transfer pricing concepts. -Experience managing large tax projects that involve multiple jurisdictionsStrong analytical, problem-solving, negotiation and organizational skills are requiredHow You'll Lead:Collaborate with Legal and Finance Divisions to structure operations and legal entities in a tax-efficient mannerCollaborate with Finance Division to oversee and execute tax efficient transfer pricing and inter-company agreement structureWork closely with staff, and assist in mentoring, coaching, training and evaluating staffAbility to apply a practical and solutions-oriented approach, consistent with commercial objectivesStrong written and verbal communication skillsWhat we'll offer you:A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center. You can expect:Competitive Salary and Matched 401K Savings PlanHealth and Life Insurance Plans for you and your familyWork/Life Balance Programs including Adoption/Surrogacy/Infertility Assistance, Backup Care through Bright Horizons, Phase Back to Work and Support for New MothersA range of flexible benefits including Retail Discounts, Commuter Discounts and Gym benefitsThe opportunity to support wide-ranging volunteer programs, + 1 day volunteering leave per year, matched personal donations to non-profit organizations dollar-for-dollar, up to $5,000How we'll support you:Training and development to help you excel in your careerFlexible working to assist you balance your personal prioritiesCoaching and support from experts in your teamIt is DWS's expectation that employees hired into this role will work in the New York City office in accordance with the firm's hybrid working model. -DWS 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/California is $96,000 to $168,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.Click here to find out more about our diversity and inclusion policy and initiatives.Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Keywords: Deutsche Bank AG, New York , Senior Tax Counsel, Accounting, Auditing , New York, New York