Financial Compliance Reporting Analyst

AllianceBernstein • San Antonio, TX

2d

About The Position

The Financial Compliance Reporting Analyst is part of the Financial Compliance Reporting Team in Global Technology & Operations. The team audits and maintains shareholder account populations to ensure compliance with state and federal regulations, coordinating timely processing of regulatory requirements. The role includes tax form and IRS e-filing production, notices and levies, state escheatment, shareholder outreach, returned mail, and other compliance reporting processes. The analyst may also support other department functions based on business needs, skills, and capacity. The role offers opportunities to contribute to industry-level discussions, influence current AB processes, and pursue career paths involving greater technical or management responsibility, including process or project management.

Requirements

• 1 to 2 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.
• Strong 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.
• 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.
• Familiarity 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.
• Produce tax forms, including late originals and corrective tax forms; compile daily, weekly, monthly, and annual audits; perform mock production validation; and execute tax jobs in SS&C systems to generate and print forms.
• Process IRS e-filing by maintaining registration formatting, executing SS&C tax jobs, 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 affiliated shareholder details to states within regulated timeframes.
• Process returned mail to maintain up-to-date shareholder records when information is available.
• Support other department functions as business needs arise, based on skill and capacity.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed