Tax Accountant II (TA II), Private Banking

Bank of America Corporation; Chicago (IL); On-site; USD 76,000 - 103,000; Full time

Job summary

Bank of America is seeking a Tax Accountant II (TA II) for Private Banking in Chicago. The role delivers technical fiduciary tax expertise to client teams and manages complex charitable tax returns, ensuring compliance with bank standards and regulatory requirements.

The ideal candidate will have a BS in Accounting or related field, 3–4 years of fiduciary charitable tax experience, and strong client service skills to differentiate client service and expand relationships.

Qualifications

• BS degree in Accounting or related area strongly preferred; 3-4 yrs minimum experience in fiduciary charitable tax.
• Experience with fiduciary charitable tax reporting and client service standards.

Responsibilities

• Provide technical fiduciary tax expertise to Private Bank client teams.
• Prepare complex federal and state charitable income tax returns for split interest trusts and wholly charitable trusts.
• Comply with bank standards, policies, and federal/state tax reporting requirements.
• Act as a tax technical resource for Private Bank client teams.

Skills

Account Management

Attention to Detail

Policies Procedures and Guidelines

Relationship Building

Interpret Laws Rules and Regulations

Issue Management

Record Keeping

Risk Management

Tax Administration

Business Process Analysis

Client Experience Branding

Client Management

Prioritization

Education

High School Diploma / GED / Secondary School or equivalent

Job description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Tax Accountant II (TA II), Private Banking

This job is responsible for providing technical fiduciary expertise to Private Bank client teams, focused on differentiating client service and expanding client relationships. Key responsibilities include providing accurate and timely tax reporting for assigned accounts and conducting tax research to resolve complex tax issues. Job expectations include complying with client focused service standards, bank standards and policies, and federal and state fiduciary tax reporting requirements.

Responsibilities:

• Partners with team members to provide technical tax expertise and ensures assigned accounts are fulfilled to achieve client service standards
• Prepares complex federal and state charitable income tax returns for split interest trust and wholly charitable trusts
• Complies with bank standards and policies, federal and state tax law, and client service standards
• Acts as a tax technical resource for Private Bank client teams

BS degree in Accounting or related area strongly preferred. 3-4 yrs. minimum experience specific to working in the fiduciary charitable Tax area required.

Skills:

• Account Management
• Attention to Detail
• Policies, Procedures, and Guidelines Management
• Relationship Building
• Interpret Relevant Laws, Rules, and Regulations
• Issue Management
• Record Keeping
• Risk Management
• Tax Administration
• Business Process Analysis
• Client Experience Branding
• Client Management
• Prioritization

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537)

Pay and benefits information

Pay range$75,900.00 - $102,600.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.