Job Description
Business: HBAU - WPB CCO
Open positions: 1
Role Title: Tax Reporting Officer GSC's
Global Career Band: GCB7
Location : Bangalore
Recruiter Name : Sunny Dogra
Why join us?
Some career choices have more impact than others.
At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.
As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.
The Tax Reporting Officer role sits within the WPB Chief Controls Team, working closely with the WPB Client Tax Reporting Manager in Digital Business Services.
The role has a primary focus on WPB customer tax reporting. It entails assisting management in the preparation and management of WPB Client Tax Reporting, and providing guidance, training, and support to the Distribution teams in all aspects of customer tax reporting risk, particularly FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard). The role will also supports Tax MI and customer outreach program for FATCA and CRS. The successful candidate will manage WPB’s end-to-end FATCA and CRS process with some involvement in Project and/or Remediation tasks as required.
What you’ll do:
Your main responsibilities will include:
assisting with the preparation and management of the annual WPB Client Tax Reporting requirements
assisting management with providing guidance and support to WPB teams on all aspects of FATCA and CRS Risk
identifying and escalating gaps in business knowledge and understanding of WPB tax reporting risk
assisting with the preparation of high quality and timely Tax MI reporting to regional and group teams
attending project working groups, collating intelligence discussed, and sharing that intelligence with management
assisting with the production of regular reporting to WPB risk forums
reviewing, identifying and escalating control, process & procedure gaps and ensuring that gaps are raised for assessment and remediation
contributing towards an effective customer first culture without compromising adherence to internal controls and compliance
assisting management in strengthening Tax compliance culture in WPB
developing new, and nurturing existing, relationships with key stakeholder to influence and foster risk-aware culture
assisting management with completing periodical attestations
Requirements
What you will need to succeed in the role:
To be successful in this role, you will need:
A good understanding of FATCA and CRS Compliance and the Tax regulatory landscape impacting the Australian Retail Banking Industry
to have highly developed oral and written communication skills to be able to build relationships with key internal stakeholders
proven history of successfully identifying business risk and assisting in remedial procedures
strong ability to adapt to change and manage multiple tasks and competing deadlines, without compromising attention to detail
proven problem solving skills with ability to consider alternative and lateral solutions
ability to understand complex concepts
exposure and/or understanding of Wealth Management, Digital, Branch, Contact Centre, Insurance, Customer Propositions, Mortgages and Cards operational controls & processes would be an advantage
Link to Candidate User Guide:
https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a+810cec0553a2d4bcb2a
(Or)
Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar.
https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard
You’ll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued By HSBC Electronic Data Processing (India) Private LTD
Open positions: 1
Role Title: Tax Reporting Officer GSC's
Global Career Band: GCB7
Location : Bangalore
Recruiter Name : Sunny Dogra
Why join us?
Some career choices have more impact than others.
At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.
As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.
The Tax Reporting Officer role sits within the WPB Chief Controls Team, working closely with the WPB Client Tax Reporting Manager in Digital Business Services.
The role has a primary focus on WPB customer tax reporting. It entails assisting management in the preparation and management of WPB Client Tax Reporting, and providing guidance, training, and support to the Distribution teams in all aspects of customer tax reporting risk, particularly FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard). The role will also supports Tax MI and customer outreach program for FATCA and CRS. The successful candidate will manage WPB’s end-to-end FATCA and CRS process with some involvement in Project and/or Remediation tasks as required.
What you’ll do:
Your main responsibilities will include:
assisting with the preparation and management of the annual WPB Client Tax Reporting requirements
assisting management with providing guidance and support to WPB teams on all aspects of FATCA and CRS Risk
identifying and escalating gaps in business knowledge and understanding of WPB tax reporting risk
assisting with the preparation of high quality and timely Tax MI reporting to regional and group teams
attending project working groups, collating intelligence discussed, and sharing that intelligence with management
assisting with the production of regular reporting to WPB risk forums
reviewing, identifying and escalating control, process & procedure gaps and ensuring that gaps are raised for assessment and remediation
contributing towards an effective customer first culture without compromising adherence to internal controls and compliance
assisting management in strengthening Tax compliance culture in WPB
developing new, and nurturing existing, relationships with key stakeholder to influence and foster risk-aware culture
assisting management with completing periodical attestations
Requirements
What you will need to succeed in the role:
To be successful in this role, you will need:
A good understanding of FATCA and CRS Compliance and the Tax regulatory landscape impacting the Australian Retail Banking Industry
to have highly developed oral and written communication skills to be able to build relationships with key internal stakeholders
proven history of successfully identifying business risk and assisting in remedial procedures
strong ability to adapt to change and manage multiple tasks and competing deadlines, without compromising attention to detail
proven problem solving skills with ability to consider alternative and lateral solutions
ability to understand complex concepts
exposure and/or understanding of Wealth Management, Digital, Branch, Contact Centre, Insurance, Customer Propositions, Mortgages and Cards operational controls & processes would be an advantage
Link to Candidate User Guide:
https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a+810cec0553a2d4bcb2a
(Or)
Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar.
https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard
You’ll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued By HSBC Electronic Data Processing (India) Private LTD
💡 Quick Summary
Seeking a career-building opportunity? The Tax Reporting Officer GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
