Tax Operations Specialist

HSBC; Jersey City (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

HSBC is seeking a skilled tax services professional in New Jersey to oversee withholding and remittance activities, including 1099 and 1042s, with emphasis on Chapter 3, 4, and 62 withholding. The role requires strong Excel proficiency, detail orientation, and knowledge of domestic markets in equity and fixed income.

You will develop and maintain tax rules, advise on withholding rates, and coordinate with internal teams to ensure regulatory compliance and timely client reporting.

Qualifications

• Must have computer literacy and proficiency with Excel and Word.
• Strong knowledge of Domestic markets, equity and fixed income products.
• BA/BS degree or equivalent industry experience is required.

Responsibilities

• Daily analysis and processing of Chapter 3, Chapter 4, and Chapter 62 withholding on CA/Income events.
• Reconciliation of withholding tax and income/exemptions codes reported to clients.
• Communicating and processing elective dividends through the depository with respect to foreign withholding rates.
• Client certification of foreign positions through external platforms such as Acupay.
• Maintain written procedures and compliance with US regulations and internal policies.

Skills

Excel

Word

Attention to detail

Problem solving

Communication skills

Education

BA/BS degree or equivalent

Job description

HSBC is seeking a skilled tax services professional in New Jersey to oversee withholding and remittance activities, including 1099 and 1042s, with emphasis on Chapter 3, 4, and 62 withholding. The role requires strong Excel proficiency, detail orientation, and knowledge of domestic markets in equity and fixed income.

You will develop and maintain tax rules, advise on withholding rates, and coordinate with internal teams to ensure regulatory compliance and timely client reporting.