Custody Tax Product Manager (Senior Vice President)

Job Title: Custody Tax Product Manager (Senior Vice President)

Business: Securities Services

Division: Custody

Officer Title: Senior Vice President

C-Grade: C14

Location: Frankfurt

Legal Entity: CEP

Posting until 24th of April 2026

Job Purpose/Overview

• Tax Product is one of the key products within Custody Services, a leading
• provider of global custody and local custody services to cross border
• institutional investors and intermediaries.

• Tax Product is responsible for defining and executing on a product roadmap for
• tax services delivered to cross border institutional investors. The product
• roadmap includes defining tax reclaim, reduction at source and CGT services;
• managing cost of production across global hub and country locations; defining
• and executing on a global technology strategy; tracking and responding to
• regulatory changes; and implementing and executing on a risk and control
• framework.

• The Tax Product Manager has a tax risk, commercial and client remit.  In this
• regard the Product Manager is expected to understand the relevant tax law so
• that Citi can be compliant with its obligations as well as provide our clients
• with best-in-class services.  This will require contribution towards the
• development of short and long-term objectives for Citi’s tax product offerings,
• technology and operations strategies, and to drive change in partnership with
• global, regional and country stakeholders.  To be successful, the Tax Product
• Manager must have a strong understanding of both cross border institutional
• clients and global market tax practices and regulations.

• This Role is a “Controlled Function” Role as defined by the Central Bank of
• Ireland Reform Act 2010 and Principal Regulations 2011, and amending Regulations
• 2014, 2015.

Key Responsibilities

• Product

• Monitoring tax changes (with focus on Germany, Austria and Switzerland) for

impact on clients or services and, when necessary, implementing strategic

solutions

• Defining tax servicing and client delivery standards for global and local

custody services in partnership with Regions, Operations, Corporate Tax and

other stakeholders

• Executing on the tax strategy in partnership with Technology and Operations
• Following market, industry and client trends to further develop Citi’s

products and solutions platforms

• Managing client and competitor market research and developing the product

innovation roadmap

• Providing an enhanced client services function within Tax Product and

supporting key clients on tax related issues

• Developing a market advocacy program for tax services that demonstrates

industry and local market leadership

• Participating in industry initiatives relating to tax services and the

application of new technologies

Risk & Control

• Act as a tax technical expert with regards to German tax law interpretation;

liaise with tax advisors if required

• Actively seek to identify and remediate existing and potential tax risks
• Prepare responses to tax authorities' inquiries

Technology

• Lead on execution on tax platform modernisation, including:
• Immediate focus on German tax law changes - MikaDiv system developments
• Focus on tax systems solutioning for strategic Custody projects
• Contribute to tax solutioning for tax authorities data demand within tax

systems (with focus on Germany, Austria, Switzerland) – transaction

analysis, transactions monitoring, approach to EU FASTER data gathering and

reporting requirements.

• Partnering with global shared services utilities that provide centralized tax

related services such as FATCA processing

• Support on defining, prioritizing, and managing an annually defined

technology book of work with Regions, Operations and Technology

The ideal candidate should have a proven success record in financial services

tax. The candidate should be able to demonstrate a track record of project

managing a complex product set with a hands-on leadership style.

Experience, skills and capabilities

• Relevant experience in tax/custody in financial organisation / consulting

company

• Expertise in German tax regulations applicable to taxation of securities
• Both German and English language fluency
• Understanding of global tax regulations relevant to a custodian
• Understanding of tax related operational processes such as reduction at

source and tax reclaim processing

• Ability to work unsupervised and adjust priorities quickly as circumstances

dictate

• Ability to team, build networks and relationships internally and externally
• Attention to detail and process/analytic mindset
• Comfortable with performing data investigations that require a high degree of

accuracy with tight timescales

• Ability to create business analysis, troubleshoot data quality issues, and

conduct exploratory and descriptive analysis of business datasets

• Ability to structure and break down problems, develop solutions, and to drive

to results

• Familiarity with product development methodologies
• Project Management skills with experience leading large cross functional

initiatives

• Intellectual curiosity, analytical and conceptual thinker
• Proactively seeks and develops new opportunities

Please Note the Applicable Primary Location Full Time Salary Range for the Role:

110,000 – 195,000 EUR

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JOB FAMILY GROUP

• Product Management and Development

• ------------------------------------------------------

JOB FAMILY

• Product Management

• ------------------------------------------------------

TIME TYPE

• Full time

• ------------------------------------------------------

PRIMARY LOCATION FULL TIME SALARY RANGE

• €0.00 - €1,861,981.00

• ------------------------------------------------------

MOST RELEVANT SKILLS

Please see the requirements listed above.

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OTHER RELEVANT SKILLS

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive

consideration without regard to their race, color, religion, sex, sexual

orientation, gender identity, national origin, disability, status as a protected

veteran, or any other characteristic protected by law.

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[https://www.citigroup.com/citi/accessibility/application-accessibility.htm].

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poster.