Tax Technical Deputy Manager
- Recruiter
- HSBC
- Location
- Midlothian
- Salary
- Competitive
- Posted
- 18 Mar 2017
- Closes
- 28 Mar 2017
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Role Title: Tax Technical Deputy Manager
Business: HSS
New or Existing Role: New
Grade: GCB5
Location: Edinburgh
Role Purpose:
To work with Tax Technical Manager to effectively research, analyse, understand, implement and manage changing regulatory requirements of worldwide tax regimes. To ensure that HSS GC Europe comply with all associated tax compliance requirements, for all varying client types under custody. To interact with clients and the business as necessary, ensuring internal and external clients receive a quality service.
In addition, the jobholder is to contribute to the profitability and growth of the HSS client base by delivering an excellent client service experience and striving to enhance existing institutional relationships through improved service and developing a service model and reputation that also attracts new business.
Key Accountabilities:
• 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 timeframe.
• To decipher new market information and access the impact on HSBC and our clients - notifying clients accordingly. By obtaining external data, cross checking against other resources and tax treaties, implementing updating procedures as appropriate.
• To undertake Tax related Project work as required.
• To ensure that all client tax related static is maintained and accurate. Investigating and resolving queries and exceptions within set targets.
• To ensure that all Tax related static held within HSS systems including all standard market and treaty rates are correct and fully reconciled.
• To comply with all current regulatory requirements contributing to successful Tax authority audits
• To maintain statistics and produce management information.
• Provide support to Tax Transparent Funds (TTFs).
• Provide administration support to Tax Ops
• Develop and maintain relationships and internal reporting to support processing efficiencies, improved client service and/or reduced operational/client risk.
• Support the other business areas with technical and market knowledge to aid efficient and accurate responses to client queries, client on boarding, new markets & products in respect of department activities.
Management of Risk:
Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.
Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.
Observation of Internal Controls:
Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC Bank plc internal controls and compliance policies and manuals.
Qualifications
Knowledge & Experience / Qualifications:
• Proven in-depth knowledge of the securities industry and global market infrastructure
• Proven communication skills- written & verbal
• Drive/enthusiasm
• Proven client focus approach
• Proven ability to work in a pressurised environment and manage priorities effectively
• Proven ability to take initiative and drive change
• Proven planning & organisation skills
• Proven interpersonal skills
• Ability to think strategically and creatively
• Proven detailed knowledge of :
• Tax Operations environment
• Withholding tax and double taxation agreements worldwide
• Tax Research / Support
Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the Enhanced Vetting role, on an ongoing basis. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an ongoing basis.
This role has been designated as an Enhanced Vetting Role.
For more information about the relevant additional checks for this role please contact the hiring manager.
Salary: . Date posted: 17/02/2017