Brokerage Tax Reporting Analyst

JPMorganChase; Plano (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health care

Retirement plans

Tuition reimbursement

Job summary

Join JPMorgan Chase as a Brokerage Tax Reporting Analyst, where you will leverage your data analytics skills to support brokerage accounts and ensure compliance with tax regulations. This role involves analyzing financial data, conducting reconciliations, and optimizing tax reporting processes in a dynamic environment. Ideal candidates will have a Bachelor's degree and experience in tax or financial analysis, with strong attention to detail and communication skills.

Qualifications

• Minimum 1 year of relevant tax or financial analysis experience.
• Self-starter who can work in a fast-paced environment.
• Knowledge of cost basis regulations and tax laws.

Responsibilities

• Analyze and interpret financial data related to cost basis and brokerage tax reporting.
• Conduct reconciliations of brokerage tax reports for accuracy.
• Support automation initiatives to enhance operational efficiency.

Skills

Data analytics

Attention to detail

Problem-solving

Communication

Education

Bachelor's degree in Finance, Accounting, Business, or related field

Tools

Excel

Alteryx

SQL

Data visualization software

Job description

Join to apply for the Brokerage Tax Reporting Analyst role at JPMorgan Chase.

2 days ago Be among the first 25 applicants.

Job Description

Unlock your potential and elevate your career with us—where innovation meets opportunity in a dynamic and supportive environment!

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 1042-S 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, including 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—ability to communicate tax and financial issues clearly to business teams across lines of business.

Preferred Qualifications, Capabilities, And Skills

• Experience with Silver, Wolters Kluwer's Gains Keeper/CCH.
• Cost Basis Knowledge.

This position does not support VISA sponsorship.

Requires working in the office 5 days per week.

About Us

JPMorgan Chase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses, and many of the world’s most prominent 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, bonuses, and benefits such as health care, retirement plans, wellness centers, tuition reimbursement, and more. We value diversity and inclusion and are an equal opportunity employer.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments, serving clients in over 100 countries.