Tax Operations Analyst

7 days ago


London, Greater London, United Kingdom Bank of America Full time
Financial Data and Reporting Ops Analyst

About the Role:

We are seeking a highly skilled Tax Operations Analyst to join our team at Bank of America. In this role, you will be responsible for handling moderately complex operations processes related to credit disputes, escalations and tax reporting.

The ideal candidate will have strong problem-solving, analytical and decision-making skills, with the ability to manage multiple priorities to meet daily deliverables. They will also possess excellent communication and interpersonal skills, with the ability to interact with management and collaborate within and across teams.

Key Responsibilities:

  • Analysis, research, reconciliation, reporting data validation and resolution of issues and identified customer requests which may carry high levels of risk within enterprise risk categories.
  • Supporting Internal Revenue Service (IRS) and State regulatory required tax reporting and withholding payments on behalf of consumer and wealth clients.
  • Completing daily, weekly and monthly quality assurance (QA) functions that reduce risk and provide necessary separation of duties related to the overall department control environment.
  • Reconciling withholding ledgers through various system checks and balances.
  • Preparing and reviewing payment packets, gathering all necessary documentation to evidence accuracy and completeness.
  • Adhering to specific regulated payment schedules and time deadlines.
  • Reviewing, researching and responding to branch inquiries in relation to withholding.
  • Metric reporting and Quality Assurance Peer Reviews.
  • Working with Project Enablement and/or Technology teams on process enhancements.

Requirements:

  • Bachelor's degree preferred.
  • Strong understanding of rules and regulations governing tax operations.
  • Familiarity with tax filing requirements and reporting.
  • Excellent problem-solving, analytical and decision-making skills.
  • Ability to manage multiple priorities to meet daily deliverables.
  • Strong communication and interpersonal skills.

Salary Range: $60,000 - $90,000 per year


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