Corporate Actions Senior Analyst (US Tax)

DTCC Candidate Experience Site • Tampa, FL

113d

About The Position

At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve. Enterprise Business Operations (EBO) is responsible for all operations and asset services supporting the following DTCC businesses: The Depository Trust Company (DTC), National Securities Clearing Corporation (NSCC), Fixed Income Clearing Corporation (FICC) – Government Securities Division (GSD) & Mortgage-Backed Securities Division (MBSD), Wealth Management Services (WMS), and Insurance & Retirement Services (I&RS). EBO's mission is to provide the Securities Industry with superior operations processing and client services support in an environment that minimizes risk and cost while maximizing efficiency.

Requirements

• Minimum of 2 years of related experience.
• Bachelor's degree preferred or equivalent experience.

Nice To Haves

• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Works with the team to review deliverables and ensure quality and accuracy.
• Adheres to established rules and procedures when performing work.

Responsibilities

• Monitors and controls reconciliation of all tax adjustments to the collected funds.
• Updates tax tables allowing proper withholding on all security types as well as the various tax components including Section 302, Section 305(c) and 871(m) Reporting/Withholding.
• Ensures that tax funds are remitted to the IRS according to the IRS-imposed schedule.
• Prepares and reconciles the Asset Services Division 1042-S and 1042 forms and provides the 1042 for filing.
• Manage the process of 2439 reporting and W-9 compliance.
• Executes on operational processes by following documented procedures and job aides, able to make suggestions on improving process and efficiency.
• Processes specialized workflows, resolves exceptions, assists with complex inquiries.
• Takes ownership of workload, ensures deliverables are met in line with procedures, metrics, and benchmarks; while adhering to critical timeframes; ability to manage competing priorities.
• Maintains a steadfast focus on client service, including responding to inquiries timely and accurately, resolving issues promptly.
• Builds and maintains strong relationships with internal and external partners to facilitate issue resolution, process improvements, and risk reduction.
• Demonstrates effective interpersonal skills, active engagement in meetings and displays a curiosity to learn and grow; accepts feedback given and applies to role.
• Aligns risk and control processes into day-to-day responsibilities to supervise and mitigate risk; escalates appropriately.

Benefits

• Competitive compensation, including base pay and annual incentive.
• Comprehensive health and life insurance and well-being benefits, based on location.
• Pension / Retirement benefits.
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• Flexible/hybrid model of 3 days onsite and 2 days remote.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees