Tax-Retirement Analyst III

UMB Bank • Milwaukee, WI

6d

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level