Client Tax Operations Securities Services US Tax Withholding Associate

Newark, DE - USA

Monthly Salary: Not Disclosed

Posted on: 2 hours ago

Vacancies: 1 Vacancy

Department:

Operations

Job Summary

Description

Join a team where data rigor meets realworld impact in global Securities Services. As a US Tax Withholding Associate youll turn complex IRS rules into precise auditready outcomesdriving accurate withholding airtight controls and yearend reporting at scale. Partner across Tax Technology and Client Service to automate data quality resolve crossborder scenarios and reduce risk for clients across asset classes.

The US Tax Withholding Associate supports end-to-end withholding and information reporting for US source income across Securities Services client accounts with a heavy focus on manipulating and validating large complex data sets to ensure accuracy and strong control outcomes. The associate will apply IRS Chapters 3 and 4 rules review tax documentation (W8/W9) execute withholding and deposits and support year-end reporting (1042S/1099). Success in this role requires exceptional attention to detail rigorous adherence to control procedures and comfort working with high-volume transactional data.

Job responsibilities:

Extract transform and reconcile large data sets from custody tax engines and documentation systems; build repeatable workflows that enhance data quality and lineage.
Perform data validations outlier detection and exception handling across high-volume income events and client populations; document assumptions and control evidence.
Calculate and apply US nonresident (Chapter 3) and FATCA (Chapter 4) withholding on US source income events across asset classes and account types ensuring rate accuracy per documentation and treaty eligibility.
Reconcile withholding accruals versus remittances; support timely federal tax deposits and payment processes; maintain audit-ready trails for all adjustments and exceptions.
Support preparation and quality control for Forms 1042S 1099 and 1042 including data validation corrections and amendments; manage high-volume file generation and reconciliation checkpoints.
Execute year-end and interim reporting timelines with precision ensuring reconciled totals error-rate thresholds and complete audit trails.
Execute daily control checks tolerance-based reconciliations and root-cause analysis; raise issues promptly and drive remediation with documented evidence and sustainable fixes.
Maintain and enhance SOPs/runbooks embedding preventive and detective controls in data workflows.
Partner with Client Service Tax Product and Technology to resolve client queries and complex withholding scenarios; communicate data-driven findings clearly and succinctly.
Translate regulatory/tax requirements into operational steps and control points; support UAT and production validation for tax engine and documentation platform changes.

Required qualifications capabilities and skills:

Bachelors degree in Accounting Finance Business Economics Data/Information Systems or related field; or equivalent experience.
2 years of experience in securities services custody fund administration broker-dealer or financial operations with a focus on US tax withholding and information reporting in data-heavy environments.
Ability to handle large multi-source data sets with strong data hygiene.
Experience with data reconciliation techniques; familiarity with SQL or similar tools
Working knowledge of US withholding tax rules (Chapter 3) FATCA (Chapter 4) treaty benefits and US forms (W8 series W9) plus information reporting (1042S 1099 and 1042 basics).
Exceptional attention to detail and commitment to controls; proven track record reducing errors and improving data quality at scale.
Strong analytical and problem-solving skills; ability to manage peak cycles and multiple deadlines.
Excellent written and verbal communication; can articulate complex data-driven conclusions to non-technical stakeholders.

Preferred qualifications capabilities and skills:

Experience with tax documentation tools withholding/tax engines and custody platforms; familiarity with control frameworks in financial operations.
Exposure to corporate actions income processing interest/dividend events and cross-border tax topics.
Prior experience supporting audits issue management and remediation programs in regulated environments.
Certifications: IRS Enrolled Agent CPA or equivalent exposure to US tax (nice to have).

Core Competencies

Data Rigor and Quality: Designs and follows controls that ensure data completeness accuracy and traceability; documents logic and evidences results.
Risk and Control Mindset: Adheres to procedures rapidly escalates/control-breaks and delivers durable remediation with metrics.
Ownership and Execution: Manages throughput and timeliness across monthly/quarterly/year-end cycles; prioritizes based on risk and client impact.
Collaboration: Coordinates across operations tax advisory client service product and technology to resolve issues and implement improvements.
Continuous Improvement: Identifies automation opportunities; contributes to UAT and post-implementation validation; modernizes SOPs and data checks.

Required Experience:

DescriptionJoin a team where data rigor meets realworld impact in global Securities Services. As a US Tax Withholding Associate youll turn complex IRS rules into precise auditready outcomesdriving accurate withholding airtight controls and yearend reporting at scale. Partner across Tax Technology an...

Description

Job responsibilities:

Extract transform and reconcile large data sets from custody tax engines and documentation systems; build repeatable workflows that enhance data quality and lineage.
Perform data validations outlier detection and exception handling across high-volume income events and client populations; document assumptions and control evidence.
Calculate and apply US nonresident (Chapter 3) and FATCA (Chapter 4) withholding on US source income events across asset classes and account types ensuring rate accuracy per documentation and treaty eligibility.
Reconcile withholding accruals versus remittances; support timely federal tax deposits and payment processes; maintain audit-ready trails for all adjustments and exceptions.
Support preparation and quality control for Forms 1042S 1099 and 1042 including data validation corrections and amendments; manage high-volume file generation and reconciliation checkpoints.
Execute year-end and interim reporting timelines with precision ensuring reconciled totals error-rate thresholds and complete audit trails.
Execute daily control checks tolerance-based reconciliations and root-cause analysis; raise issues promptly and drive remediation with documented evidence and sustainable fixes.
Maintain and enhance SOPs/runbooks embedding preventive and detective controls in data workflows.
Partner with Client Service Tax Product and Technology to resolve client queries and complex withholding scenarios; communicate data-driven findings clearly and succinctly.
Translate regulatory/tax requirements into operational steps and control points; support UAT and production validation for tax engine and documentation platform changes.

Required qualifications capabilities and skills:

Bachelors degree in Accounting Finance Business Economics Data/Information Systems or related field; or equivalent experience.
2 years of experience in securities services custody fund administration broker-dealer or financial operations with a focus on US tax withholding and information reporting in data-heavy environments.
Ability to handle large multi-source data sets with strong data hygiene.
Experience with data reconciliation techniques; familiarity with SQL or similar tools
Working knowledge of US withholding tax rules (Chapter 3) FATCA (Chapter 4) treaty benefits and US forms (W8 series W9) plus information reporting (1042S 1099 and 1042 basics).
Exceptional attention to detail and commitment to controls; proven track record reducing errors and improving data quality at scale.
Strong analytical and problem-solving skills; ability to manage peak cycles and multiple deadlines.
Excellent written and verbal communication; can articulate complex data-driven conclusions to non-technical stakeholders.

Preferred qualifications capabilities and skills:

Experience with tax documentation tools withholding/tax engines and custody platforms; familiarity with control frameworks in financial operations.
Exposure to corporate actions income processing interest/dividend events and cross-border tax topics.
Prior experience supporting audits issue management and remediation programs in regulated environments.
Certifications: IRS Enrolled Agent CPA or equivalent exposure to US tax (nice to have).

Core Competencies

Data Rigor and Quality: Designs and follows controls that ensure data completeness accuracy and traceability; documents logic and evidences results.
Risk and Control Mindset: Adheres to procedures rapidly escalates/control-breaks and delivers durable remediation with metrics.
Ownership and Execution: Manages throughput and timeliness across monthly/quarterly/year-end cycles; prioritizes based on risk and client impact.
Collaboration: Coordinates across operations tax advisory client service product and technology to resolve issues and implement improvements.
Continuous Improvement: Identifies automation opportunities; contributes to UAT and post-implementation validation; modernizes SOPs and data checks.

Required Experience:

Key Skills

Tax Experience
Accounting Software
GAAP
QuickBooks
Accounting
Sage
Account Reconciliation
Analysis Skills
Research Experience
SOX
Microsoft Excel
Financial Analysis

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About Company

JPMorganChase

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more

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