Vice President, Tax Reporting & Compliance

BNY Mellon•Pittsburgh, PA

1d•Onsite

About The Position

We’re seeking a future team member for the role of Vice President, Tax Reporting & Compliance to join our Wealth Tax Team. This role is located in Pittsburgh, PA. In this role, you’ll make an impact in the following ways: Help develop and maintain control-oriented operating functions that support Wealth account onboarding, tax setup, tax reporting readiness, fiduciary tax administration, and oversight of key vendor-supported tax activities. Triggering Event Reviews: Assess tax implications of key events (e.g., beneficiary death) across all applicable tax reporting areas; ensure timely updates and accurate treatment. Facilitate effective communication and provide comprehensive support to internal clients, while coordinating client-related matters with the designated Wealth tax vendor. Quality Control (Busy Season): Participate in quality reviews of tax vendor deliverables during peak tax periods; provide feedback and drive corrections. Prospective Client Tax Review: Review tax information for prospective trust clients to support rationale to accept the relationship. GSTT Monitoring and Reporting: Maintain robust monitoring of distributions and taxable terminations; coordinate or review filings (e.g., Form 706, Schedule R/RS and applicable returns) and ensure proper application of GST exemptions and allocations. Fiduciary and Related Filings Oversight: Support or review fiduciary income tax returns (Form 1041) where estate tax positions impact income tax reporting; ensure alignment of deductions, basis, and elections across filings. Refund Recovery and Penalty Abatement: Proactively pursue outstanding refunds from IRS and state authorities; draft advocacy letters, escalate via Taxpayer Advocate Service when appropriate; identify and remediate penalties through documentation and negotiation. IRS/State Controversy Support: Serve as primary liaison for audits, notices, and controversies; gather documentation, prepare responses, coordinate with external advisors, and negotiate favorable resolutions. Process Ownership and Continuous Improvement: Design, document, and refine procedures, checklists, controls, and dashboards for filings, tracking, address changes, successor trustee intake, and state open remainders; eliminate duplicative steps and reduce cycle time. Risk and Control Management: Maintain strong risk culture with timely escalation of issues; ensure complete, accurate, and timely filings; monitor vendor performance; implement controls aligned to policy and regulatory expectations. Front Office and Client Collaboration: Partner with Wealth colleagues across regions; join client/advisor calls to explain tax positions, payment protocols, protective claims, and settlement strategies. Proactively address any potential issues and provide guidance to junior colleagues on tax or regulatory calculations for complex or unprecedented circumstances. This role has no direct reports.

Requirements

Bachelor's degree in Accounting, Finance, or a related field or the equivalent combination of education and experience required.
Typically 5-10 years of experience.
Strong analytical and problem-solving skills to address complex tax issues.
Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
Proficiency in tax software and Microsoft Office Suite, particularly Excel, to manage and analyze data efficiently.

Responsibilities

Develop and maintain control-oriented operating functions that support Wealth account onboarding, tax setup, tax reporting readiness, fiduciary tax administration, and oversight of key vendor-supported tax activities.
Assess tax implications of key events (e.g., beneficiary death) across all applicable tax reporting areas; ensure timely updates and accurate treatment.
Facilitate effective communication and provide comprehensive support to internal clients, while coordinating client-related matters with the designated Wealth tax vendor.
Participate in quality reviews of tax vendor deliverables during peak tax periods; provide feedback and drive corrections.
Review tax information for prospective trust clients to support rationale to accept the relationship.
Maintain robust monitoring of distributions and taxable terminations; coordinate or review filings (e.g., Form 706, Schedule R/RS and applicable returns) and ensure proper application of GST exemptions and allocations.
Support or review fiduciary income tax returns (Form 1041) where estate tax positions impact income tax reporting; ensure alignment of deductions, basis, and elections across filings.
Proactively pursue outstanding refunds from IRS and state authorities; draft advocacy letters, escalate via Taxpayer Advocate Service when appropriate; identify and remediate penalties through documentation and negotiation.
Serve as primary liaison for audits, notices, and controversies; gather documentation, prepare responses, coordinate with external advisors, and negotiate favorable resolutions.
Design, document, and refine procedures, checklists, controls, and dashboards for filings, tracking, address changes, successor trustee intake, and state open remainders; eliminate duplicative steps and reduce cycle time.
Maintain strong risk culture with timely escalation of issues; ensure complete, accurate, and timely filings; monitor vendor performance; implement controls aligned to policy and regulatory expectations.
Partner with Wealth colleagues across regions; join client/advisor calls to explain tax positions, payment protocols, protective claims, and settlement strategies.
Proactively address any potential issues and provide guidance to junior colleagues on tax or regulatory calculations for complex or unprecedented circumstances.