Analyst, Ops Tax & Cost Basis

LPL Financial • Tempe, AZ

1d

About The Position

The Government Reporting team comprises of cost basis and tax reporting functionalities. The tax reporting component ensures that all Internal Revenue Service (IRS) client tax reporting forms are issued and mailed in an accurate and timely manner. The cost basis component is responsible for the receipt, maintenance, and delivery of tax lots used to calculate cost basis. The Cost Basis and Tax Analyst will conduct routine analysis and tests of various components of a quality control program comprised of data analysis, systems evaluation, and quality technology. This role requires the individual to understand operational processes, dependencies, and control points. Furthermore, an understanding of cost basis and tax procedures is strongly recommended.

Requirements

• 3+ years of financial services experience
• Microsoft applications, particularly Excel and Access
• Excellent verbal and written communication skills
• Ability to work independently in a fast-paced environment with multiple priorities.
• Attention to detail with a proactive approach to solving and preventing problems

Nice To Haves

• Bachelor’s degree
• FINRA licenses
• Retirement account tax reporting and cost basis experience

Responsibilities

• Supporting and, at times, leading initiatives to improve and enhance the advisor experience while positively impacting the broader LPL organization.
• Share trends and pain points with leadership and business partners to find solutions and pursue process improvements.
• Resolve escalated issues and review for training opportunities.
• Support internal/external audit and risk management review of QC processes as needed.
• Analyze reports and data to determine actionable business intelligence with a strong attention to detail.
• Maintain processes and improve operational efficiency.
• Innovate, test, and launch new ideas to solve complex business problems.
• Work closely with internal LPL departments on different projects and initiatives.
• Assist with audit reviews, collection of data, and materials for regulators and/or internal audit.
• Offers creative recommendations on how to solve business challenges.
• Recognizes issues, problems, or opportunities and determines whether action is needed.
• Lead projects and UAT testing on behalf of the business.

Benefits

• 401K matching
• health benefits
• employee stock options
• paid time off
• volunteer time off

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree