Overview
- Hybrid
- OCBC Singapore
- Full time
- JR00002620
WHO WE ARE:
As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why Join
Gain valuable experience in the complex world of corporate taxation within a leading financial institution. As a Group Tax Advisory Intern within the Group CFO Office, you’ll be directly involved in supporting the preparation of the bank’s tax obligations, identifying process improvements, and contributing to a more efficient and accurate tax function.
How you succeed
To thrive in this role, you’ll need a strong attention to detail, a proactive approach to learning, and a willingness to tackle complex tasks. You’ll excel at gathering and analyzing information, working collaboratively with the team, and identifying opportunities to streamline processes through innovation and technology.
What you do
You’ll be directly involved in:
- Assisting in the preparation of the bank’s corporate tax schedules, monthly tax computations, and Estimated Chargeable Income (ECI) preparation.
- Collecting supporting documentation for the bank’s tax return, preparing Related Party Transaction (RPT) forms, and collating Withholding Tax (WHT) receipts.
- Working with the team on tax process improvement initiatives, including updating procedural manuals and leveraging IT automation tools.
- Maintaining the tax central repository to ensure accurate and accessible information.
Who you work with
The Group CFO Office provides financial leadership and oversight across OCBC, ensuring the accuracy and integrity of our financial reporting. Within this division, the Group Tax Advisory team is responsible for managing the bank’s tax obligations and ensuring compliance with all relevant regulations.
Who you are
- Currently pursuing an undergraduate or postgraduate degree.
- Demonstrates a strong interest in developing an understanding of relevant tax laws and guidelines.
- Possesses excellent attention to detail and analytical skills.
- A proactive and collaborative team player with a willingness to learn.
- Able to utilize problem-solving skills to identify innovative solutions.
Learning Objectives
This internship will provide you with:
- Hands-on experience in the preparation of corporate tax computations.
- A solid understanding of tax compliance requirements for the financial services industry.
- Skills in data gathering, analysis, and documentation.
- Exposure to tax process improvement initiatives and IT automation tools.
- Insights into the role of the tax function within a large financial institution.
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
About OCBC Bank
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.