Specialist, Tax & Cost Basis Operations

About the role

Tax & Cost Basis Operations is part of the Custody & Asset Services division of Operational Services. We are dedicated to leading a culture that delivers timely and accurate tax reporting in our efforts to create a premier client experience, while providing a controlled and disciplined environment that allows our employees to feel valued and engaged. This is a fast-paced working environment where effective communication and teamwork are a must.

Responsibilities

• Research across multiple systems to ensure accuracy of the Tax Database
• Provide support to tax form production and reclassification of dividends
• Research and process Tax adjustments for Retail and Advisor Services clients
• Determine and apply appropriate tax withholding rates to client accounts for both foreign and domestic clients
• Analyze large data sets and determine the cause of issues and the impacts either upstream or downstream
• Work collaboratively and optimally with others
• Effectively leverage tools and resources
• Partner with internal business partners to ensure compliance with regulations
• Provide support to our internal business partners during peak volumes
• Provide in-office support by assisting with mailing corrected tax forms
• Provide vision, review and ownership for projects and productions

Required Qualifications

• Advanced MS Excel skills, ability to work with large data sets
• Proven tax and cost basis experience and knowledge framework
• 2+ years of experience in Operations or the financial services industry
• Knowledge of IRS regulations in relation to broker/dealer reporting
• Expertise in tax reporting topics, such as corporate actions, repapering of foreign clients, domestic and foreign withholding, etc
• 1+ years of experience in the tax and/or cost basis industry
• Highly motivated and results driven
• Demonstrates excellent organization and time management skills
• Excellent written and verbal communication skills
• Very strong analytical skills, attention to detail, and a passion for service quality
• Ability to work under pressure in a fast-paced, ever-changing environment while maintaining the highest level of positivity and professionalism
• Identify and communicate issues effectively and timely to peers and management team

Preferred Qualifications

• Bachelor's degree or equivalent experience in Accounting, Finance or Economics preferred
• Series 7/63

Benefits

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.