(Deputy) Custody Manager, Tax Operations

Bank of China (Hong Kong); Hong Kong; On-site; HKD 420,000 - 640,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Competitive allowances

Job summary

Bank of China (Hong Kong) is seeking an experienced professional to manage custody tax operations, liaise with sub-custodians and tax authorities, and coordinate tax audits. The role involves preparing market-specific tax documents, supporting IRS reporting, and collaborating with product and development teams to enhance custody tax capabilities.

Strong communication, independence, and attention to detail are essential.

Qualifications

• 3–5 years of experience in custody business.
• Broad knowledge of markets and instruments (equities, fixed income).
• Familiar with tax document requirements across markets.
• Strong interpersonal, communication, and coordination skills.
• Independent thinker with ability to manage workload and stakeholders.
• Meticulous attention to detail and efficient follow-through.
• Able to work under pressure and meet deadlines.

Responsibilities

• Manage and oversee the custody tax operation including Relief at Source and Tax reclaim.
• Connect with sub-custodian networks and local tax authority in dealing with tax related issue(s).
• Manage and coordinate tax audits.
• Prepare tax documents in regular basis according to the requirements of different markets, and handle all information data requests.
• Cooperate with Tax Product team to complete annual US source income reporting to IRS.
• Work with Product team to enhance BOCHK’s capability on custody tax operations.
• Assist in system development and perform UAT.

Skills

Custody operations

Market knowledge

Tax documentation

Communication skills

Independent thinking

Attention to detail

Pressure handling

Job description

Job Responsibilities

• Manage and oversee the custody tax operation including Relief at Source and Tax reclaim.
• Connect with sub-custodian networks and local tax authority in dealing with tax related issue(s).
• Manage and coordinate tax audits.
• Prepare tax documents in regular basis according to the requirements of different markets, and handle all information data requests.
• Cooperate with Tax Product team to complete annual US source income reporting to IRS.
• Work with Product team to enhance BOCHK’s capability on custody tax operations.
• Assist in system development and perform UAT.

Job Requirements

• 3 - 5 years of experience with custody business.
• Overall understanding and knowledge about various markets and investment instruments (like equities and fixed incomes etc.) as well as their related operating modes, clearing and settlement procedures, law and regulations, commonly-used SWIFT formats etc.
• Familiar with various markets tax documents requirements.
• Strong interpersonal, communication and co-ordination skills to work with the team.
• Independent in thinking, arrange work and dealing with business partners or service providers; flexibility and client focus in rendering client-fronting services.
• Meticulous with details; diligent and efficient in follow-through.
• Able to work effectively under pressure arisen from workload and time constraints.

We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidates. Data collected would be used for recruitment purposes only. Applicants who do not hear from us within 8 weeks may consider their application unsuccessful and their data will be destroyed within 12 months of receipt.