Apply on Employer Site

State Street · 1 month ago

Transfer Agency compliance and Tax team Lead, Vice President

Quincy, MA

Full-time

Onsite

Senior Level, Lead/Staff

$110K/yr - $192K/yr

10+ years exp

State Street is one of the largest custodian banks and asset managers in the world, providing investment servicing and data analytics to institutional clients. The Vice President in the Transfer Agency Compliance/Tax Team will oversee regulatory and tax requirements, manage operational tasks, and ensure adherence to policies and procedures while leading a team to drive performance and improve workflow management.

BankingFinanceFinancial Services

Responsibilities

Ensure completion of tasks related to regulatory and tax requirements, including tax form and physical certificate production, AML investor authorization services, Rule 22c-2 excessive trade monitoring services, legal review and coordination of internal and external audit request fulfillment

Work with our tax vendor, overseeing processes involved with investor tax year end reporting including 1099 production, 1042-S production, 5498 production, non-resident alien and FATCA withholding validation and distribution withholding proofing

Monitor and ensure adherence of required controls, policies and standard operating procedures, signing off on certifications and approvals as validation

Present on activities with clients as a regular part of Due Diligence visits or as needed

Receive and resolve inquiries in a timely and accurate manner and communicate effectively with clients when necessary

Partner across teams to reconcile and resolve discrepancies as needed

Ensure appropriate records of daily and monthly activities are kept

Oversee daily or weekly reporting functions for the team’s activities

Keep up to date on broader internal/external business issues; apply knowledge across team

Drive implementation of new policies and procedures as needed, participate in projects

Lead initiatives on behalf of business unit for improved workflow management and technology enhancements

Maintain knowledge of current procedures and processes

During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

Prepare and submit annual TA-2 filing with the SEC

Actively manage staff performance through one-on-one meetings, periodic performance reviews, career path coaching and consistent engagement

Liaise with and provide oversight with audits conducted by regulatory examiners, internal and external auditors

Review contractual requirements and related fee schedules for various Transfer Agency services including AML investor services

Perform other duties as assigned

Qualification

Financial services experienceCompliance/tax experienceManagement experienceAnalytical skillsOperational backgroundEffective communicationOrganizational skillsInterpersonal skillsProblem-solving skillsTeamwork