Institutional Investment Tax Operations Lead

Large Banking Client

Direct Hire

Location: Charlotte, NC or New York, NY (3 days onsite, 2 Remote)

Top Requirements:

1. 5 years of experience in tax operations within a banking environment supporting capital markets.
2. Tax documentation such as 1099s, W8s, and W9s.
3. Cost basis reporting and tax reporting.
4. Client trading activity, dividends, and tax withholding.
5. Strong communication.

Job Description:

Our Client is seeking a Lead Institutional Investment Operations Specialist within our Tax Operations team as part of Corporate and Investment Banking Operations. Our Client's CIB Securities Tax Operations team leads global CIB first-line customer tax activities. The lead specialist is expected to contribute to broader team focus areas including year-end reporting, withholding, documentation, cost basis, remediation, and strategic initiatives.

Day-to-Day/Responsibilities:

Lead all activities across tax withholding and reporting functions, including approval of processes completed by other team members

Partner with vendors, Broker Dealer Operations, Middle Offices, and other stakeholders to ensure accurate reporting, withholding, and re-imbursements

Leverage business intelligence capabilities to identify and rectify exceptions detected throughout the year

Lead several strategic initiatives across technology, process, control, operational excellence

Work closely with Corporate Tax and Compliance to analyze complex matters and implement solutions

Support year-end reporting readiness, including trial runs, quality assurance, and finalization of reporting.

Advise leadership to develop or influence complex objectives, processes, industry related regulations, and long-term goals for highly complex business needs across organization

Strategically engage with all levels of professionals and managers companywide

Provide vision, direction and expertise to leadership

Qualifications:

5 years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Cost Basis and/or Foreign Transaction Tax experience including reconciliation and research and resolution of exceptions

Experience with tax withholding and tax reporting functions

Understanding of asset servicing events including across equities and fixed income securities

Familiarity with options and swaps

Working knowledge of one or more of the following Tax solutions: Broadridge Tax Managed Service, Sovos, Silver Cost Basis, Scivantage Maxit, IHS Markit IPS/CTI

Ability to interpret technical requirement documents and system flows to translate into reporting requirements

Strong analytical skills with high attention to detail and accuracy

Experience developing partnerships and collaborating with other business and functional areas

Strong organizational, multi-tasking, and prioritizing skills

Experience delivering results in a fast-paced, deadline driven environment

Highly refined and professional verbal and written communications

Track record of leading strategic complex deliverables