Overview

Hybrid
OCBC Singapore
Full time
JR00002621

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 hands-on experience in the complex area of international tax within a leading financial institution. As a Group Tax Advisory – International Tax Intern within the Group CFO Office, you’ll be directly involved in preparing critical transfer pricing documentation, managing intra-group transactions, and supporting the bank’s global tax compliance efforts.

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 work with complex data and processes. You’ll excel at collaborating with the team, understanding end-to-end business processes, and contributing to the accurate and timely completion of key deliverables.

What you do

You’ll be directly involved in:

  • Assisting in the preparation of the OCBC Group Local File and facilitating the execution of Service Level Agreements.
  • Assisting in the preparation of the OCBC Group Master File, a key component of our transfer pricing documentation.
  • Assisting in the intra-group billing process to OCBC subsidiaries and branches.
  • Assisting in reviewing intra-group General Ledger (GL) lines and reconciliations for intra-group reporting.
  • Assisting in updating standard operating guides to ensure clear and efficient processes.

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, including those related to international tax.

Who you are

  • Currently pursuing an undergraduate or postgraduate degree.
  • Demonstrates a strong interest in developing an understanding of relevant tax laws and guidelines, particularly those related to international taxation.
  • Possesses excellent attention to detail and analytical skills.
  • A proactive and collaborative team player with a willingness to learn.
  • Eager to learn end-to-end business processes across different functions within the bank.

Learning Objectives

This internship will provide you with:

  • Hands-on experience in preparing transfer pricing documentation, including Local Files and Master Files.
  • A solid understanding of intra-group transactions and related tax implications.
  • Skills in reviewing GL lines and performing reconciliations.
  • Insights into the complexities of international tax compliance.
  • Exposure to the role of the tax function within a global 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.

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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.