Tax-Retirement Analyst III

UMB Bank•Milwaukee, WI

1d•$51,480 - $90,760

About The Position

The UMB Registered Fund team, which manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients. As the Tax-Retirement Analyst III, you will assist in training and act as mentor for associates in Tax and Retirement Analyst I and II positions. You will review the work of Tax and Retirement Analyst I associates for accuracy and completeness while providing constructive feedback and represent the Tax Department within the transfer agency on conversions, fund startups and regulatory projects.

Requirements

Bachelor's Degree
Financial services industry experience in either an Operations or Tax related capacity.
Knowledge of mutual funds and alternative investments products as related to 1099 reporting
Knowledge of IRA transaction processing and Federal and State withholding rules, or 1099 reporting requirements including cost basis calculations
Knowledge of mutual funds and alternative investments products as related to 1099 reporting

Responsibilities

Monitor and resolve exception items to ensure resolution within acceptable time frames
Document/review workflow and procedures
Manage and resolve year-end tax reporting deadlines, including the preparation of forms 1042/945 for fund clients, and shareholder 1099 and 1042 S preparation/filings
Process adjustments to cost basis reporting related to the 1099 and corrections process
Manage the annual fund reclassification processes
Lead the team in streamlining reporting and withholding processes as well as remediation tasks
Manage outside vendor relationships
Review invoices received from outside vendors and reconcile back to tax form production
Lead projects which include designing and testing of new systems and programs, the converting or de-converting of clients
Ability to partner with other departments
Ability to manage and maintain partnerships with outside vendors as it relates to tax form processing
Act as back up to department manager

Benefits

Paid Time Off
a 401(k) matching program
annual incentive pay
paid holidays
a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
health savings, flexible spending, and dependent care accounts
adoption assistance
an employee assistance program
fitness reimbursement
tuition reimbursement
an associate wellbeing program
an associate emergency fund
various associate banking benefits