Custody Tax Manager

HSBC
Edinburgh
Workplace: OnsiteFull timeFunction: Finance & AccountingSkills: ["Risk management","Stakeholder management","Problem-solving","Attention to detail","Process improvement"]

Manage custody tax services for HSBC Securities Services (SSv), partnering with clients and internal teams to ensure MSS GC Europe meets custody tax compliance requirements across multiple client types. Lead risk-controlled delivery within timelines by researching and implementing global tax regime changes, maintaining accurate tax static, reconciling exceptions, supporting audits, and producing MI and service/risk reporting. Support initiatives across withholding tax, DTAs, SDRT, tax logistics, and Tax Transparent Funds, collaborating with IT on custody tax processing tools.

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FursaFursa
HSBC
HSBC
23 hours ago

Custody Tax Manager

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Source: Company careers pageValidated by: Fursa AI
Last checked: 53 minutes agoStatus: Live

Job Summary

Manage custody tax services for HSBC Securities Services (SSv), partnering with clients and internal teams to ensure MSS GC Europe meets custody tax compliance requirements across multiple client types. Lead risk-controlled delivery within timelines by researching and implementing global tax regime changes, maintaining accurate tax static, reconciling exceptions, supporting audits, and producing MI and service/risk reporting. Support initiatives across withholding tax, DTAs, SDRT, tax logistics, and Tax Transparent Funds, collaborating with IT on custody tax processing tools.
Location: Edinburgh
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Manager level

Key Responsibilities

  • •Deliver high-quality, risk-controlled client service, ensuring timely completion of work and prompt answers to complex queries.
  • •Monitor and assess tax/regulatory market changes, validate external data (including tax treaties), and implement updates to processes and client communications.
  • •Maintain accurate client tax static and MSS system static (market and treaty rates), reconciling and investigating exceptions within targets.
  • •Support tax authority audits and regulatory requirements with robust controls, evidence, and timely responses; produce MI and service/risk reporting.
  • •Provide support across custody tax areas including Withholding Tax, Double Taxation Agreements, SDRT, and Tax Logistics, and oversee Tax Transparent Funds activity and controls.

Pay and Benefits

Perks:Health InsurancePaid LeavePension

Key Requirements

  • •Proven in-depth knowledge of the securities industry and global market infrastructure.
  • •Detailed understanding of a Tax Operations environment.
  • •Comprehensive knowledge of withholding tax and double taxation agreements worldwide.
  • •Experience maintaining accurate client tax static and resolving tax-related queries/exceptions within targets.
  • •Experience supporting Tax Transparent Funds (TTFs) BAU activity and associated reporting/control responsibilities.
Experience:Securities industryGlobal markets
Skills:Risk managementStakeholder managementProblem-solvingAttention to detailProcess improvement
Tech Stack:XceptorBancs

Company Brief

HSBC
Global banking and financial services organisation offering retail, commercial, corporate and investment banking, wealth management, and global markets services across Europe, Asia, the Americas and the Middle East.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1865
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn