Bank Operations-Information Reporting Analyst - In-office in Atlanta, Chicago, Pittsburgh, LA, Seattle, Denver, Boise, or SLC

Responsibilities

• Review, analyze, and evaluate information reporting data, processes, and procedures to ensure reports are filed correctly and in compliance with all regulations.
• Understand and ensure compliance with IRS reporting regulations regarding Forms 1099-B (Gains and Losses), 1099-DIV (Dividends), 1099-INT (Interest), 1098 (Mortgage Interest), 1099-DA (Digital Asset), and 1042-S (Foreign Person’s US Source Income).
• Ensure compliance with federal and state withholding requirements.
• Perform validation of customer-provided IRS Forms W-9 and W-8 and take appropriate tax withholding and reporting actions, including responding to IRS B-notices and C-notices.
• Ensure federal and state withholding payments and applicable reporting to the IRS are completed timely and correctly.
• Produce and ensure timely completion of IRS information reporting files, including year-end 1099s, 1042-S, 8038-CP, and 1097-BTC filings.
• Conduct regular tax data reviews to identify errors, perform corrections in the system, and provide professional results to oversight parties.
• Analyze and interpret data to identify trends and patterns, making recommendations for process changes and training needed for business lines.
• Act as a subject matter expert and liaison with various departments, management, and staff to resolve problems and improve processes and procedures.
• Provide regular training for employees on various tax information reporting topics and assist with compliance concerns.
• Keep abreast of and communicate changes in regulations to the appropriate audience.

Qualifications

• Requires a bachelor’s degree in business, finance, or a related field and 1+ years of experience in banking operations, tax law, information reporting, or other directly related experience.
• A combination of education and experience may meet requirements.
• Considerable understanding of IRS Forms W-9 and W-8.
• Familiarity with applicable IRS and state withholding requirements.
• Familiarity with various types of asset sales transactions, dividend payment arrangements, digital assets, and interest-earning accounts.
• Working knowledge of banking operations, tax law, and regulatory oversight programs.
• Experience in the analysis of business processes and workflows and/or process improvement recommendations.
• Strong analytical, audit, research, and problem-solving skills.
• Experience with information reporting technology solutions and technical capabilities.
• Excellent communication skills, both verbal and written, with the ability to work effectively with various business lines, staff, and management.
• Must be a self-starter who can work independently and meet deadlines.
• Good computer skills, including Word, Excel, etc.