Brokerage Tax Analyst

Fidelity Investments•Jersey City, NJ

1d•$66,000 - $125,000•Hybrid

About The Position

Brokerage Operations - Tax Analyst About the Role If you have experience with retirement accounts and want to expand into the broader world of brokerage tax, this role offers a unique opportunity to do both. As a Brokerage Tax Analyst, you’ll help support retirement tax reporting while gaining exposure to complex brokerage tax concepts such as cost basis reporting, corporate actions, and regulatory compliance. You’ll work closely with operations, product, and technology teams to solve problems, improve processes, and help ensure accurate tax reporting for clients. If you have experience with retirement accounts and want to expand into the broader world of brokerage tax, this role offers a unique opportunity to do both. As a Brokerage Tax Analyst, you’ll help support retirement tax reporting while gaining exposure to complex brokerage tax concepts such as cost basis reporting, corporate actions, and regulatory compliance. You’ll work closely with operations, product, and technology teams to solve problems, improve processes, and help ensure accurate tax reporting for clients.

Requirements

Bachelor’s degree in Accounting, Finance, Business, or a related field.
2–4 years of experience in brokerage operations, retirement operations, or tax reporting.
Foundational understanding of retirement account regulations and tax reporting.
Strong analytical and problem-solving skills with the ability to investigate complex data issues.
Ability to interpret regulatory guidance and apply it to operational processes.
Strong communication skills and ability to work cross-functionally with multiple teams.
Series 7 or 99 required or willingness to obtain within 180 days

Responsibilities

Support tax reporting and compliance activities related to retirement accounts including Traditional IRA, Roth IRA, SEP, SIMPLE, and employer-sponsored retirement accounts.
Analyze retirement-related transactions such as contributions, distributions, rollovers, conversions, and recharacterizations to ensure accurate tax treatment and reporting.
Assist in the preparation and validation of retirement tax forms including Forms 1099-R, 5498, 990-T and related IRS reporting requirements.
Research and resolve tax discrepancies, reporting questions, and operational issues related to retirement account activity.
Partner with operations teams to ensure retirement transactions are processed in accordance with IRS regulations.
Partner with technology, product, operations, and compliance teams to ensure tax reporting accuracy.
Contribute to requirements gathering and testing for system enhancements impacting tax reporting.
Document processes, procedures, and regulatory interpretations to support operational consistency.
Develop working knowledge of brokerage tax reporting including Form 1099-B cost basis reporting, dividend and interest reporting, and withholding requirements.
Assist in validating tax reporting impacts from corporate actions such as mergers, stock dividends, splits, and reorganizations.
Support the analysis of tax reporting impacts related to system enhancements, product launches, or operational changes.
Participate in tax season preparation and reporting validation efforts.

Benefits

Base salary is only part of the total compensation package.
Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.
These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.

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