Brokerage Tax Reporting Analyst

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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


* 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

JPMorganChase, one of the oldest financial institutions, offers i...