US Funds Platform Management is responsible for business management and oversight for J.P. Morgan pooled vehicles including U.S. mutual funds and ETFs, collective investment funds, investment partnerships and Canadian unit trusts and ETFs (collectively referred to as \"Funds\"). US Funds Platform Management is comprised of the following functional areas: Funds Treasury, Governance and Board Management, Taxation, Product Implementation/Project Management, Compliance, and Vendor Management.
As a US Funds Platform Tax Manager on the US Funds Platform Management Tax team you will have responsibility for all tax aspects for certain U.S. and Canada mutual funds, ETFs and unit trusts. In addition, you will be responsible for the development, implementation and documentation of taxation of new financial instruments and products and completion of strategic initiatives. As a member of the team you will be expected to provide subject matter expertise and identify tax issues and oversight solutions.
Want more jobs like this?
Get Project Management jobs delivered to your inbox every week.
Job Responsibilities
- Act as liason and subject matter expert, representing the tax team for product related initiatives and working with other functional areas.
- Supervise and review third party service providers and their work product to ensure deliverables are complete, accurate and provided on time.
- Review tax provisions and tax returns prepared by third party services providers.
- Identify tax issues of certain investments and strategies, perform tax research and develop/ implement practical solutions.
- Identify foreign withholding issues and reclaims processing working with custodian.
Required qualifications, capabilities and skills
- 5 or more years of mutual fund/ ETF tax experience
- Proficient knowledge of rules and regulations of income and excise taxation of regulated investment companies and shareholders
- Proficient knowledge of IRS qualification tests including the determination of issuer and their valuation for quarterly asset tests and qualifying income for the annual gross income tests
- Proficient knowledge of rules and regulations of partnership tax accounting, including allocations, PTP status and UBTI/ECI
- Proficient knowledge of rules and regulations of financial products and investment strategies: REITs, partnerships, PFICs, straddles, constructive sales, QCCOs, Section 1256 contracts, Section 988 and etc.
- Experience in supervising and monitoring, as well as, building relationships with teams of tax professionals, including third party providers.
- Proficient tax research skills including the review of offering and reorganization documents, understanding economics of issues and use of tax research tools.
- Proficient knowledge of shareholder information including the ICI spreadsheets and supplemental shareholder information
- Knowledge of foreign withholding taxes and facilitate foreign withholding tax processing.
Preferred qualifications, capabilities and skills
- Knowledge of Canada taxation funds is a plus - mix of public accounting and industry experience preferred.
- Accounting undergraduate degree with Certified Public Accountant, Master of Tax or Enrolled Agent preferred.
ABOUT US
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.