Wealth Management Trusts & Estates Tax Operations, Vice President

The Trusts & Estates and Tax Operations team within Wealth Management (WM) supports the Global Trusts & Estates practice and WM Banking teams by coordinating and completing various domestic and foreign fiduciary tax reporting obligations. The team is responsible for ensuring all federal, state and foreign filings are completed timely and accurately by the firm's third-party tax vendor. The incumbent will be a key member of the Tax Technical & Advisory team located in Chicago, IL and Newark, DE. The qualified candidate will be experienced in a variety of sub-specialty areas including state taxation of trusts, GST, estate tax, tax-exempt trusts, foreign tax reporting obligations (UK, France, Israel, etc.) and US tax reporting for foreign trusts.

As a Trusts and Estates Tax Operations Vice President you will be part of the Tax Technical and Advisory team located in Chicago, IL and Newark, DE that supports global teams of trust professionals. You will partner closely with internal and the firm's third-party accounting firm to review and set tax policies, opine on complex planning and compliance scenarios and assess the impact of changing domestic and foreign tax compliance regulations. You will work directly with trust officers, clients, family offices and outside advisors to ensure complete and accurate fiduciary tax filings.

Job responsibilities

• Serve as a subject matter expert for fiduciary tax matters
• Support global trust teams on all tax matters including but not limited to estate and gift tax, generation-skipping transfer tax, fiduciary income tax and international transfer tax implications, and foreign tax reporting.
• Prepare and present substantive tax training to the Trusts and Estates practice
• Partner with team members to review and support preparation of various tax forms (e.g. 1041, 990, 5227, 706, 706-GST, etc.)
• Support non-resident alien (NRA) reporting and withholding for trust beneficiaries
• Review governing documents to ensure tax attributes are correct
• Review state filing positions for accuracy
• Identify and execute on automation opportunities
• Ad hoc research and projects and required

• 7 years of relevant tax experience at a corporate fiduciary, Big 4 public accounting firm, or law firm.
• BA/BS or equivalent.
• Expertise in trust and estate taxation, including Forms 1041 and 706.
• Expertise in charitable trust taxation, including Forms 990 and 5227.
• Experience with foreign informational filings, including Forms 3520, 3520-A, 5471, and 5472.
• Experience with US tax reporting for foreign trusts, including Form 1040-NR.
• Superior written and verbal communication skills.
• Excellent organizational skills with the ability to manage multiple tasks.
• Proficiency in MS Office Suite.
• Willingness to work beyond core business hours as needed.
• Risk and control mindset.

• Licensed JD or CPA in any jurisdiction
• LLM in tax or other advanced degree or professional certification
• Estate or financial planning experience
• Experience with implementing Alteryx, Tableau and GenAI into existing processes and workflows
• Experience with tax reporting requirements for retirement plans, including Forms 990-T and 5330