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As a Brokerage Tax Reporting Analyst within the Tax Reporting and Withholding team, you will play a crucial role in supporting brokerage accounts by leveraging your data analytic skills and implementing operational efficiency. You will be responsible for ensuring accurate cost basis reporting, conducting brokerage tax reporting reconciliations, and supporting automation initiatives. Your attention to detail and knowledge of IRS Tax Regulations related to 1099 and 1042S reporting, will be critical in maintaining compliance and delivering exceptional service to our clients.
Job responsibilities
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- Utilize data analytic skills to analyze and interpret financial data related to cost basis and brokerage tax reporting
- Respond to tax compliance inquiries throughout the year. This includes tax-related inquiries from operations, technology, internal service providers and client facing groups
- Conduct reconciliations of brokerage tax reports to ensure accuracy and compliance with regulatory requirements
- Support the streamlining and optimization of cost basis and tax reporting processes to enhance operational efficiency and reduce errors
- Implement best practices and standard operating procedures to ensure consistent and high-quality output
- Collaborate with team members to foster a collaborative and high-performing work environment
- Identify problems and leverage automation tools to improve scale and enhance the client experience
- Conduct reviews and audits to verify the accuracy and completeness of cost basis and tax data
- Communicate the implications of corporate actions to relevant stakeholders and ensure proper documentation
- Seek innovative approaches to improve cost basis and tax operations functions and deliver value to the organization
Required qualifications, capabilities, and skills
- Bachelor's degree in Finance, Accounting, Business, or a related field
- Minimum 1 year of relevant tax or financial analysis experience
- Self-starter who can work in a fast paced, results driven environment
- Proficiency in data analytics tools such as Excel, Alteryx, SQL, and data visualization software
- Strong attention to detail, problem-solving skills, and the ability to work under pressure
- Knowledge of cost basis regulations, tax laws, and industry standards
- Excellent communication and interpersonal skills - job requires communicating tax and financial issues in understandable ways to business teams across line of business
Preferred qualifications, capabilities, and skills
- Experience with Silver, Wolters Kluwer's - Gains Keeper/CCH
- Cost Basis Knowledge
This posiiton does not support VISA sponsorhsip
Requires working in the office 5 days per week
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.