Senior Tax & Retirement Analyst — Fund Operations Lead

UMB Financial Corporation; Milwaukee (WI); On-site; USD 68,000 - 100,000; Full time

Job summary

UMB Financial Corporation in Milwaukee, WI seeks a Tax-Retirement Analyst III to support daily tax and retirement operations for mutual fund clients and oversee associates. You will train and mentor Tax and Retirement Analyst I and II, review their work for accuracy, and collaborate with other departments on conversions, fund startups, and regulatory projects while driving process improvements.

You will lead year-end tax reporting, cost-basis adjustments, and manage vendor relationships in a

Qualifications

• Bachelor's Degree in a relevant field.
• Experience in financial services operations or tax.
• Knowledge of mutual funds and alternative investments for 1099 reporting.
• Knowledge of IRA transaction processing and Federal and State withholding rules, or 1099 reporting requirements including cost basis calculations.

Responsibilities

• Monitor and resolve exception items to ensure resolution within acceptable time frames.
• Document/review workflow and procedures.
• Manage and resolve year-end tax reporting deadlines, including the preparation of forms 1042/945 for fund clients, and shareholder 1099 and 1042 S preparation/filings.
• Process adjustments to cost basis reporting related to the 1099 and corrections process.
• Manage the annual fund reclassification processes.
• Lead the team in streamlining reporting and withholding processes as well as remediation tasks.
• Manage outside vendor relationships.
• Review invoices received from outside vendors and reconcile back to tax form production.
• Lead projects which include designing and testing of new systems and programs, the converting or de-converting of clients.
• Ability to partner with other departments.
• Ability to manage and maintain partnerships with outside vendors as it relates to tax form processing.
• Act as back up to department manager.

Skills

Mutual funds knowledge

IRA processing knowledge

Tax reporting expertise

Education

Bachelor's Degree

Job description

UMB Financial Corporation in Milwaukee, WI seeks a Tax-Retirement Analyst III to support daily tax and retirement operations for mutual fund clients and oversee associates. You will train and mentor Tax and Retirement Analyst I and II, review their work for accuracy, and collaborate with other departments on conversions, fund startups, and regulatory projects while driving process improvements.

You will lead year-end tax reporting, cost-basis adjustments, and manage vendor relationships in a