
at HSBC
OtherPosted 13 days ago
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**Assistant Manager | Global Custody UK Tax Service** Manage HSBC custody client's favorable tax outcomes on dividends/interest. Key responsibilities include understanding withholding tax services, liaising with HMRC and tax advisors, preparing tax documents, and assisting clients in tax claim filing. Collaborate with stakeholders, resolve operational issues, and participate in UAT. Must be adept at working under pressure, possess strong mathematical skills, and have a proficiency in English. Excel expertise and knowledge of corporate actions, trade settlement, GCS, and BaNCS systems are a plus.
- Compensation
- Not specified
- City
- London
- Country
- United Kingdom
Currency: Not specified
Full Job Description
Why join us?
Global Custody UK Tax Service team is to assist HSBC custody client to obtain their favorable tax on the Dividend/Interest payment by ensure the physical/electronic tax documents are in place with our agent before the market deadline. We are also liaising with UK and foreign authorities on audit inspections.
The Opportunity:
- To understand withholding tax services that HSBC Custodian bank provide to the client.
- Dealing with HMRC and tax advisors discussion for tax knowledge.
- Able to deal with multiple parties with different function as Tax team would be the last stage of a Corporate event
What youll do:
- To prepare the tax documents via Tax Certification Process, Perform Elective Dividend Service (EDS) and Beneficiary Owner breakdown declaration.
- To assist our client to perform tax claim filing for a favorable tax rate upon receive the dividend payment before the tax reclaim filing statute of limitation.
- Provide support and manage good repo with stakeholder, client, account manager, Client Service in all tax related issues.
- To prepare Process MI & Attend BAU related meetings with internal/external parties
- Liaise with IT to resolve operational issues from the BAU Processing system and participate in UAT as and when required.
What you will need to succeed in the role:
- Can work under pressure due to peak season and tight deadlines
- Good in mathematic calculations
- Fluent in English
What additional skills will be good to have?
- Good Knowledge in Excel (Formularise & Macro)
- Corporate Action Knowledge
- Trade Settlement knowledge
- GCS (Global Custody System) & BaNCS system Navigation




