Financial Compliance Reporting Analyst

AllianceBernstein LP•San Antonio, TX

About The Position

The Financial Compliance Reporting Analyst is part of the Financial Compliance Reporting Team in Global Technology & Operations, based in San Antonio. The team audits and maintains the shareholder account population to ensure compliance with state and federal regulations and coordinates the timely processing of regulatory requirements. The role executes tax form production and IRS e-filing, processes IRS and state notices and levies, researches and applies state escheatment regulations, supports shareholder outreach and account contact resolution, submits escheatable assets and shareholder details to states, and processes returned mail to maintain current shareholder records. The analyst may also support other departmental functions based on business needs, skill, and capacity. The role offers opportunities to develop strategic thinking, participate in industry-level discussions, and influence current AB processes. It is a collaborative team environment with potential career paths involving greater technical responsibility or management experience, including process or project management.

Requirements

One to two years of mutual fund or financial services experience.
Exceptional oral and written communication, time management, problem-framing, and follow-up skills.
Ability to multitask and effectively prioritize a wide range of projects and responsibilities.
Organizational skills and conscientiousness, including establishing priorities and following tasks through to completion.
Strong attention to detail.
Ability to work with internal and external clients and vendors.
Proficiency with the Microsoft Office desktop package.
Strong tax reporting knowledge and some knowledge of abandoned property/escheatment and mutual fund operations.
Effective task execution individually and through team collaboration.
Demonstrated ability to learn quickly.
Ability to work in a fast-paced environment and adapt to change.
Ability to identify and implement process improvement and risk mitigation opportunities.

Nice To Haves

Knowledge of general tax reporting practices or regulations.
Knowledge of governmental agency regulations related to SEC and IRS regulatory practices.
Experience navigating SS&C systems.

Responsibilities

Maintain and examine the shareholder account population to ensure compliance with state and federal regulations.
Coordinate timely processing of regulatory requirements.
Execute tax form production, including late originals and corrective tax forms, by conducting daily, weekly, monthly, and annual audits, validating output through mock production, and running tax jobs in SS&C systems to generate and print forms.
Process IRS e-filing, including maintaining registration formatting, executing tax jobs in SS&C systems, validating output, and uploading filings to the IRS website.
Execute IRS B-Notices, C-Notices, IRS levies, and state levies.
Notify the IRS of fund openings and name changes, and update SS&C systems for AB corporate actions.
Research and apply state escheatment regulations to AB's account population.
Conduct shareholder outreach for identified escheatable accounts and evaluate accounts for contact resolution.
Submit escheatable assets and associated shareholder details to states within regulated timeframes.
Process returned mail to maintain up-to-date shareholder records when information is available.
Support other departmental functions as business needs arise, based on skill and capacity.