Assistant Vice President/Senior Associate, Securities Services-Custody Services, Corporate Banking, Securities & Fiduciary Svs
Core
Execute securities transactions in settlement, corporate action, account opening, and billing while managing US withholding tax compliance and reporting for international clients.
Role type
Senior Associate/Assistant Vice President, Custody Operations & Tax Compliance
Builds
Daily production settlement, custody account maintenance, and IRS tax reporting for equities and fixed income instruments
Domain
Banking, Securities Services, International Taxation
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work
Required skills
International taxation expertise, US withholding tax calculation, IRS reporting (Forms 1042/1042-S), settlement processing, corporate action processing, data reconciliation, regulatory compliance (HKMA/MAS/SFC)
Preferred skills
CCASS knowledge, FATCA/QI regime experience, system UAT participation, business continuity planning
Technologies
IRS FIRE, MS Office, CCASS, SFO, HKICL
Responsibilities
Execute securities transactions in settlement and account opening; Process monthly fee billings and holding statements; Calculate and deposit US withholding taxes; Prepare and file annual information returns (Form 1042/1042-S); Reconcile tax liabilities to ensure zero discrepancies; Validate client tax forms (W-8BEN, W-9); Participate in user acceptance testing for system enhancements; Provide guidance to internal business lines on US tax implications
Seniority
Mid-Senior, hands-on IC