Being part of HSBC in Switzerland, you’ll help evolve and grow our business.
Under the direction of the Head of Client Tax Governance and in line with Group policy and best practice, to advise upon and monitor, of the necessary procedures and processes regarding the identification, tax treatment and reporting of clients: Swiss taxes Swiss Stamp Tax (SST), Swiss Withholding tax, Additional withholding taxes, tax refund. International tax regimes Qualified Intermediary Agreement (Q.I.A), the Foreign Account Tax Compliant Act (FATCA), the Common Reporting Standard, EU DAC6 / OECD MDR. Internal policies Client Tax Transparency
Are you interested ? Do you have experience in dealing with QI, FATCA, CRS, Swiss Stamp Tax, DAC6/MDR within a financial institution and knowledge of general US and Non-US taxes principles desirable ? Do you enjoy to be part of a cohesive team ?
If you answered yes to any of these questions, we want to hear from you
What you will do:
The jobholder will be required to gain and leverage a good understanding of cross departmental procedures and to engage as a a Tax SME with key stakeholders in this process.
The jobholder must act proactively to ensure accuracy, completeness and the effectiveness QI, FATCA, SST, TTC operational taxes compliance (withholding and/or reporting) and Automatic Exchange of Information (OCDE Standard / CRS). The challenge for the job holder will be to support the risk management framework, ensure risks are clearly understood and that there is a program in place to periodically stress test effectiveness. This will require the interpretation and practical application of highly technical QI, FATCA, SST, CRS, DAC6/MDR legislations and future digitalization of the tax function.
The jobholder will also need to obtain and maintain a good level of knowledge of key taxes legislations, both local and foreign, including double taxation agreements, as well as understanding the business and banking products in general and the interaction of businesses and business lines across the group and identifying tax components impacting on same topics.
In this role you will:
Monitor Regulatory and International Tax regimes withholding and/or reporting compliance for related GPB entitiesPerform periodic reviews of procedures and business activities regarding Regulatory and International Tax regimes in order to ensure effectiveness of procedures in this area, assess the risk and identify areas for resolutionBuild and maintain relationships with other departments and management to communicate priorities in this area based on review and changing regulatory environmentsProvide technical advice, related training and support on Regulatory and International Tax regimes to business and functions alikeCreate internal procedures related to International and Swiss regimes. Develop and review related DIMs and processesPerform a supervision role over Client Life Cycle Management teams responsabilities. Ensure guidance are properly understood and implemented by providing training sessions and Q.A checksMonitor developments on above listed areas and support with their implementationAs a main contact point, implement a robust support process with regard to any Fiscal matter into private bank booking centers. Redirect query when appropriate in order to ensure optimal service to clientsProvide support on the preparation of external Swiss or US Tax authorities and Internal Audit. Ensure a proper follow up on findings and recommendationsSupport external clients tax related queries though meetings via conference calls or face to face visits