Tax Operations Associate

5 months ago


Mumbai, India JPMorgan Chase & Co Full time

**JOB DESCRIPTION**
Tax Cost is responsible for updating cost basis information at lot level on securities transferred which include acquisition cost, acquisition date and tax code. This information eventually flows into client tax forms like 1099 B as it helps in gain/loss calculation.
- The role involves updating the above information for products as mentioned below:

- Equities
- Bonds
- Money Market Funds
- Mutual Funds

Job Responsibilities
- Ensure accurate and timely completion of operational procedures.
- Understand, follow and demonstrate compliance with all Risk and Control regulations.
- Work Allocation and monitoring.
- Escalation management
- Active involvement in and contribution to Global Projects / Local Initiatives.
- Assist and ensure a competitive and transparent work culture.
- Identify, evaluate and deliver process improvement initiatives.
- Manage and lead discussions on exceptional cases.
- Propose and create efficiencies
- Knowledge of financial instruments, corporate actions/trade life cycle, security transfers would be preferred

Required Qualifications, Skills and Capabilities
- Financial securities - 2
- Tax - 2
- High proficiency in Microsoft Office - 2
- Communication - Spoken & Written - 3
- Strong analytical skills with high accuracy and attention to details.
- Excellent communication skills, both verbal and written.
- Strong Client Focus: adhering to response time to client and maintaining high client satisfaction.

**ABOUT US**

JPMorgan Chase & Co., 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 over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

**ABOUT THE TEAM**

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.



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