Head of Tax US and Americas

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. HSBC may engage in immigration sponsorship for this position if needed.

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing 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.

The purpose of the role is to provide strategic direction and guidance to senior management of HSBC North America Holdings Inc. (HNAH), and other entities in the Americas region with respect to tax issues that are relevant and impactive to the HSBC Group.

The role will manage all tax risks and obligations (compliance, regulatory, reputation etc.) in the Americas region for all the Group’s businesses, functions, and entities through a combination of 1st Line of Defense (1LoD) and 2nd Line of Defense (2LoD) responsibilities.

The role leads the tax teams in the Americas. The role liaises closely with tax peers in the global Tax team to ensure the delivery of a professional, effective and responsive tax function, as well as colleagues in the financial control function to ensure accurate and timely tax accounting.

Key accountabilities and responsibilities

• Deliver the Group’s tax compliance / tax reporting and tax accounting commitments on time and to the requisite standards and build and maintain open, transparent and constructive relationships with the tax authorities globally
• Manage Tax risks of all HSBC entities, businesses and functions in the America’s in line with HSBC’s Strategy and risk appetite, applicable regulatory requirements
• Drive effective planning to optimize the Group’s overall P & L, within Group risk appetite
• Drive effective resolution of areas of dispute and uncertainty, arbitrating between conflicting requirements as necessary and providing consistency in resolution
• As 2LoD, to ensure the accuracy and completeness of documentation and reporting systems and general compliance with local and global operational tax obligations such as CRS and FATCA
• Lead representation and advocacy of the HSBC Group on tax matters impacting the America’s regions and influence decision taken by external and internal stakeholders on all tax matters impacting Global Businesses and Global Functions
• Think commercially and work collaboratively in the delivery of tax advice and insight to support the Group’s strategic priorities and enhance management of tax-related financial resources
• To ensure that the tax consequences of the Group’s geographic footprint, legal structure and business activities are fully understood by relevant stakeholders and drive recommendations to optimize the tax costs/benefits arising therefrom
• Manage all aspects of the tax team cost base across the America’s within budget and pro-actively pursue opportunities for additional cost efficiencies
• Be an active, constructive and collaborative member of the key Tax/Finance Leadership teams and governance forums
• Ensure that tax matters have been appropriately considered and addressed by management and that recommendations and implications are clearly understood and implemented by relevant stakeholders
• Ensure that an efficient and effective tax risk management and compliance model is in place. Manage independent internal and external assurance programs to ensure the highest standards of compliance

Knowledge & Experience / Qualifications

• Qualified tax professional: Either a CPA with Masters in Tax, Juris Doctor (or appropriate level of experience as substitute)
• Proven corporate, international and operational tax law and accounting knowledge and experience
• In house tax experience, preferably gained in a Financial Services institution (alternatively, in-house tax experience and FS Tax experience gained in a Big Four firm), with a functional understanding of the structural, capital and accounting issues that accompany it
• Forward looking and business oriented, able to operate effectively and to prioritize competing demands combined with the ability to effectively influence and persuade all levels of management
• Demonstrate experience in executing change/transformation programs within a Tax function with a particular focus on the use and adoption of technology to enhance efficiency and effectiveness of tax processes
• Demonstrate ability to drive and embed a managed service partnership with a 3rd party provider to enable an efficient and standardized model for executing tax compliance globally, facilitated by accessing best in class technology
• Strong leadership skills and ability to manage effectively and develop the tax team across the region
• High standing in the tax profession and ability to represent fully and professionally the interests of HSBC business in industry and government bodies
• Fluency in spoken and written English

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location. 

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.