Wealth Management, Private Bank Tax & Deposits Middle Office, Analyst at JPMorgan Chase Bank, N.A. in Newark, Delaware

Job Description:

The Tax Operations Analyst is expected to have an understanding of the financial activity as it relates to tax withholding and reporting. A holistic understanding of the tax cost and reporting process as it relates to specific financial instruments. The Tax Operations Analyst is expected to assist the team with tax projects that impact our accounting system including system enhancements, transition of accounts from other platforms, new securities, and new services. The Tax Operations Analyst is expected to perform the daily activities and be flexible in working the required hours, which may include some weekends and holidays. (Heavy volume periods - first and fourth quarter)

Responsibilities

• Analyze transactional activity for consistency and accuracy; liaise with appropriate team(s) and/or individual(s) to facilitate the required adjustments

• Assess the impact of industry, legislative, and/or other changes and develop and communicate required procedural changes resulting from the industry and legislative changes

• Perform required reconciliations

• Perform analysis on tax and security research

• Research historical activity as necessary to respond to internal business partners in adherence to our service level agreements

• Review and analyze the integrity of data (client, security, and transactional)

• Responsible for required tax withholding and reporting

• Perform data and tax package analysis as well as year-end controls and verification

• Create and distribute the 1099s, 1042S forms, and tax packages

• Ability to identify areas of improvement and recommend efficiency enhancements

• Cross train with other team members, other operational teams, and CSG

• Document and enhance procedures and training documentation

• Document and enhance MIS relating to data analysis, inquiries, and maintain daily MIS

• Ensure adherence to procedures, control policies, and service level agreements

• Communicate and participate in multiple operational, technological, and business projects (business requirements, testing, implementation, procedures, etc.)

• Liaise with business partners to assist in the development, enhancement, and implementation of best practices (other areas of Wealth Management, Investment Bank, and the firm)

• Provide tax guidance to other operational teams (Income, Corporate Actions, Mutual Funds, CSG, and internal/external colleagues)

• Serve as a subject matter expert

• Support the team's structure and goalsJPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans