Financial Data and Reporting Ops Consultant bei Ghr

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description:
This job is responsible for the analysis and resolution of highly complex credit and tax operations processes and issues that require coordination of multiple stakeholders to resolve. Key responsibilities include adhering to defined procedures and regulatory requirements, while managing projects and initiatives in support of process improvement or updates to procedures. Job expectations include supporting effective coordination across key stakeholders groups, including business controls and governance organizations.

This position is in the GBAM Operations Tax and Control and will play a key role in ensuring accurate and timely tax compliance and reporting for syndicated loan products. This position involves managing tax documentation, withholding, and reporting obligations for syndicate loan activity in LoanIQ, while partnering with internal teams and external stakeholders to mitigate tax risk and maintain regulatory compliance.

Key Responsibilities. 
-Process tax withholding and reporting for interest and fee payments on syndicated loans.
-Collaborate with Loan Operations, Syndicate Desk, and Client Services to resolve tax-related issues.
-Support tax audits and respond to inquiries from internal and external parties.
-Identify and escalate potential tax risks related to syndicated loan transactions.
-Maintain accurate records and controls to ensure adherence to regulatory standards.
-Serve as a Subject Matter Expert in change efforts for the tax operations team.

Responsibilities:

• Leads end-to-end resolution of complex client issues and inquiries related to tax and credit reporting, often requiring significant research and engagement of business functional experts
• Conducts root cause analysis and drives solutions to address organizational challenges and initiatives
• Performs quality control and analytical support to ensure high performance accuracy
• Develops and implements new processes and procedures, and modifies existing procedures to ensure they are accurate and up to date
• Supports operational team projects and production of executive-level reports and presentations for senior management
• Identifies, facilitates, and supports process improvements, requirements, and initiatives across multiple stakeholders.

Required Skills:

-Experience with syndicated loan platforms (e.g., Loan IQ).

-Strong understanding of U.S. tax regulations (FATCA, Chapter 3 & 4, 1099/1042 reporting).
-Excellent analytical and problem-solving skills.
-Proficiency in MS Excel and tax reporting systems.
-Ability to manage multiple priorities in a fast-paced environment.

Desired Skills:

-Experience in an Agile SDLC change environment.

Skills:

• Business Process Analysis
• Customer and Client Focus
• Reporting
• Business Acumen
• Critical Thinking
• Decision Making
• Problem Solving
• Prioritization
• Process Performance Management
• Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CT - Farmington - 70 Batterson Park Rd (CT2515)

Pay and benefits information

Pay range

$69,800.00 - $104,400.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Jetzt bewerben