US Head of Trust and Fiduciary Services

Description 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 Servicesyou will: Ensure sustainable growth and relevance to the HSBC Group in a complex and specialist area, balancing business needs, cost and resources in support of the strategic direction of TFS, GPB, WPB and HSBC 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. Qualifications You´ll likely have the following qualifications to succeed in this role: Candidate should have 10 years relevant experience with Succession Planning and Trust and Estate administration Team player with experience in leading and motivating teams across different locations Society of Trust and Estate Practitioners (STEP) or similar membership would be an advantage Experience with both US Grantor and Foreign Grantor Trust planning Legal qualification would also be advantage In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. 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, diverse 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! 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. Job Field: Private Banking Primary Location: North America-United States-New York-New York Other Locations: North America-United States-California-San Francisco Req ID: 0000KPHI

Created: 2024-11-01