Tax Accountant II (TA II), Private Banking

Bank of America • Chicago, IL

1d • Onsite

About The Position

The Tax Accountant II in Private Banking provides technical fiduciary tax expertise to Private Bank client teams, with a focus on differentiating client service and expanding client relationships. The role provides accurate and timely tax reporting for assigned accounts and conducts tax research to resolve complex tax issues. The position is expected to comply with client-focused service standards, bank standards and policies, and federal and state fiduciary tax reporting requirements.

The role partners with team members to provide technical tax expertise and ensure assigned accounts meet client service standards. It prepares complex federal and state charitable income tax returns for split-interest trusts and wholly charitable trusts, complies with applicable bank standards, policies and tax law, and serves as a tax technical resource for Private Bank client teams.

The position is based at one of the listed Bank of America locations in Chicago, Illinois, or Providence, Rhode Island. Bank of America describes its culture as in-office, supporting collaboration, engagement and career development, with flexibility based on role responsibilities and business needs. This role is eligible for the annual discretionary incentive plan and employee benefits, including paid time off and resources supporting employee well-being.

Requirements

• At least 3 years of experience working specifically in the fiduciary charitable tax area; the posting states 3–4 years minimum experience is required.
• High school diploma, GED, secondary school education, or equivalent.
• Skills in account management, attention to detail, managing policies and procedures, relationship building, interpreting relevant laws and regulations, issue management, record keeping, risk management, tax administration, business process analysis, client experience, client management, and prioritization.

Nice To Haves

• Bachelor of Science degree in Accounting or a related area is strongly preferred.

Responsibilities

• Partner with team members to provide technical tax expertise and ensure assigned accounts meet client service standards.
• Prepare complex federal and state charitable income tax returns for split-interest trusts and wholly charitable trusts.
• Comply with bank standards and policies, federal and state tax law, and client service standards.
• Act as a tax technical resource for Private Bank client teams.
• Provide accurate and timely tax reporting for assigned accounts.
• Conduct tax research to resolve complex tax issues.

Benefits

• Paid time off.
• Access to employee resources and support.
• Eligibility for an annual discretionary award based on individual performance, line-of-business or group performance, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED