Specialist Operations - Tax ReportingCharles Schwab & Co., Inc - Phoenix, AZ
Specialist Operations - Tax Reporting
Phoenix - AZ, PHXPEAK, 2423 E Lincoln Dr, 85016-1215
James D Hapgood
We believe that
, when done right, investing liberates people to create their own destiny. We are driven
by our purpose to champion every clientâ€™s goals with passion and integrity. We respect
and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge
conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of â€˜own your tomorrowâ€™ every day. We champion
our employee strengths, guide their development, and invest in their long-term success. We hire
optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
As a company, we were established by Chuck at ~~~ over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.
The Specialist in Client Tax Reporting is responsible for processing exception reports, conducting quality assurance testing on tax forms, trade confirmations and statement testing and productions, as well as state and federal tape filings. This role is responsible for supporting timely and accurate tax reporting to our clients and regulatory agencies. The Specialist communicates internally with business partners to inform them of upcoming client mailings and notifications.
What youâ€™ll do:
As a Specialist on the Phoenix Client Tax Reporting Team you will be accountable for:
Processing tax database exceptions reports, researching discrepancies and making updates to the database to ensure accuracy.
Daily trade confirmation validation, monthly Advisor Services trade confirmation validation and statement validation for the trial and production statement runs.
Perform same functions for the Schwab global offering.
Communicate with internal and external business partners to escalate issues and keep interested parties informed.
Assist with heavy-volume activities in the department, including the processing of client K1 forms, IRS Notices, Securities Re-class and Escheatment.
Tax form/tape/letter production tasks and duties include: Creating business requirements, including enhancement requests as well as covering regulatory changes. Updating reference guides that support tax form/tape/letter production. Conducting user acceptance testing and form production testing Processing incoming client K1 tax forms during tax season Requesting K1 form updates on behalf of our clients.
Processing IRS C Notices for clients who are subject to backup withholding.
Act as a back-up for critical functions processed by our Denver team, which may include escheatment, securities re-class, withholding reversals, and IRS wire preparation and state withholding remittance.
What you have:
2 years of experience in the brokerage industry, preferably brokerage operations
Excellent written and oral communication skills
Ability to meet deadlines and manage through issues
Self-starter who can take on a project with minimal support
Identify risks and escalate to management when appropriate
Manage multiple tasks simultaneously; prioritizing most critical work first
Ability to read and understand business requirements produced by the IRS and states
Strong client focus, with the ability to think in terms of the client experience and perspective.
TSO system knowledge a preferred
Ability to work overtime throughout tax season (January 1 â€“ April 15), and during other peak volume periods in the department
Series 7 and 63 a plus
You demonstrate these behaviors:
Initiative - Identifies what needs to be done and takes action before being asked or required to, does more than what is normally required in a situation.
Building Collaborative Relationships - Provides assistance, information, and support to others, to build a basis for future reciprocity
Thoroughness - Carefully reviews and checks the accuracy of information in work
Results Oriented - Has a strong sense of urgency about solving problems and getting work done
What youâ€™ll get:
Comprehensive Compensation and Benefits package
Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts
Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
Not just a job, but a career, with an opportunity to do the best work of your life
Learn more about Life@Schwab at ~~~; .
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at ~~~. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.
English - spoken
Current Licenses / Certifications:
Relevant Work Experience:
Brokerage Operations-2-5 yrs, Brokerage Operations-6 yrs
Position Located In:
AZ - Phoenix
Category:Brokerage Operations & Trading
Activation Date: Friday, May 11, 2018
Expiration Date: Tuesday, May 22, 2018
11 days 11 hours ago
applySpecialist Operations - Tax Reporting Charles Schwab & Co., Inc - Phoenix, AZ, United States
The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support services of Schwab. Independent investment advisors are not owned, affiliated with, or supervised by Schwab. Schwab Retirement Plan Services, Inc. and Schwab Retirement Plan Services Company provide recordkeeping and related services with respect to retirement plans. Charles Schwab received the highest numerical score in the J.D. Power 2016 Full Service Investor Satisfaction Study, based on 6,006 responses from 20 firms measuring opinions of investors who used full-service investment institutions and we are surveyed in January 2016. To arrive at the top 50 Most Admired Companies overall (our “All-Stars”), Korn Ferry Hay Group asked 4,000 executives, directors, and securities analysts who had responded to the industry surveys to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25% in last year’s surveys, plus those that finished in the top 20% of their industry. Anyone could vote for any company in any industry. The difference in the voting rolls is why some results can seem anomalous. For example, St. Jude Medical ranks No. 40 on the overall Most Admired list, returning after a two-year hiatus. But within the medical products and equipment subgroup, St. Jude Medical, based on its peers’ responses, missed the “Industry Standouts” cut by ranking in the bottom half of the group. (0416-EXLH) Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.
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