Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

The position includes the daily processing responsibilities for NRA withholding and remittance, 1099 and 1042s tax reporting and reconciliation, development and management of system tax rules, allocation of withholding rates, special tax services (i.e. EDS elections, Tax reclaims and Acupay certifications).

As our Custody Tax Analyst you will:

Daily analysis and processing of NRA withholding on CA/Income eventsReconciliation of withholding tax and income/exemptions codes reported to the clientsCommunicating and processing elective dividends through the depository with respect to foreign withholding ratesClient certification of foreign positions through the use of external platforms such as AcupayInsure the ongoing development and maintenance of written procedures and adherence to all US regulations as related to the services, along with the adherence to internal banks and business line procedures and policiesReconcile and prepare client 1099 and 1042s formsCommunicate tax-related changes that have impacted on information, documentation, reporting ad withholding regulations to clients via the issuance of Market Updates/NewslettersProvide support and guidance to all internal tax related areas with respect to tax related queries.To contribute to the maintenance of an effective quality service and reduce client risk to a minimum by ensuring that all work is processed within agreed timelines and complex client queries are responded to within 24 hours or agreed timeframeTo ensure all account opening documentation is processed correctly within the required timeframes.

For this role, HSBC targets a pay range between $75,000.00 and $100,000.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.