eFinancialCareers

• Company

  JPMorgan

• Location

  USA-MA-Boston

• Remuneration

  Competitve

• Position Type

  Employee

• Employment type

  Full time

• Updated

  29 Aug 2008

• eFC Ref no

  431115

Please see the job description

Business OverviewWorldwide Securities Services (WSS), a division of Treasury and Securities Services (T&SS), is a global leader in providing innovative products and services to the world's largest institutional investors and debt and equity issuers.
With $10.2 trillion in assets under custody, the business also services $6.7 trillion in debt and $250 billion in equities worldwide.
In more than 80 markets, JPMorgan Worldwide Securities Services leverages its scale and capabilities to help clients optimize efficiency, mitigate risk and enhance revenue through its custody and investor services as well as securities clearance and trust services.
WSS has built a reputation as an innovative, disciplined growth business with an ability to think outside the box and execute aggressively against challenging plans. It has emerged as one of the strongest businesses at JPMorgan.
ROLE & RESPONSIBILITIES
1) Plan and monitor tax department activities and provide review and guidance in regards to the preparation of:Fiscal and excise tax provisions, including complete and accurate disclosures (ie. ROCSOP, 60 day IRS Notices) for financial statement purposes, as well as, verifying the accuracy of proposed excise and subchapter M distributions; Federal (Forms 1120RIC, 8613, 1065, K-1 and other applicable filings) and state tax returns; Year-end shareholder information in accordance with IRS timetables.2) Identify potential tax issues and provide guidance on the tax treatments of complex financial instruments and transactions.3) When necessary, perform a review of the IRS regulated investment company (RIC) qualification tests and provide guidance under IRC section 852.4) Monitor federal and state tax law changes by referencing resources such as CCH and becoming involved in outside tax committees.5) Through research, propose enhancements to fund policies and procedures to address evolving RIC and security tax laws.6) Develop supervisors and staff through technical training and providing assignments that are challenging and thought provoking. In addition, allow supervisors to become more visible to the client through their participation in meetings and involvement in client specific issues.7) Conduct semi annual performance reviews for supervisors by providing timely and concise feedback. This process includes developing clear objectives and a development plan for each supervisor to follow.8) Hire and maintain, a well educated, experienced diverse workforce.

Qualifications
EDUCATION & EXPERIENCEBS in Accountancy or Finance is required, CPA and/or MST is preferred.Five to Seven Years of RIC Tax experience required. Three years of supervisory experience necessary.Thorough knowledge of RIC taxation and security tax law; Solid understanding of general tax concepts outside of the RIC field (ie calculation of foreign tax credit limitation, taxability of reorganizations etc.); Ability to challenge the status quo; Strong interpersonal skills; Advanced presentation skills; Ability to adapt quickly to change; Ability to identify opportunities for automation to increase efficiencies.