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.
As the Head of Trust Fiduciary Services (“TFS”) United States; which forms part of Global Private Banking (GPB). Based in USA, the role reports functionally to the Global Head of TFS. The job holder must operate within the bounds of the fiduciary nature of Trust Services: this is a key consideration as to how the Business engages with, and leverages, where applicable, the capabilities of the HSBC Group.
As our US Head of Trust and Fiduciary Services you will:
Develop and implement TFS strategies in support of HSBC’s wider business priorities and objectives including driving intra-group collaboration, where appropriate, leading to successful referrals from other areas of HSBC
Work with Wealth Planning Advisory to ensure client propositions are continually updated and communicated across the global platform to meet changing market and legal/regulatory conditions
Achieve financial targets whilst always maintaining conduct and suitability standards
Ensure trust administration is always conducted in accordance with all legal, regulatory and HSBC Group policies and requirements, fostering a strong risk and compliance culture
Demonstrate strong HSBC values and upholding and promoting the image of the business
Oversee the annual tax compliance and reporting for all relevant US trusts
For this role, HSBC targets a pay range between $253,700.00 and $380,500.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.