JPMorgan Chase Wealth Management, Trusts & Estates - Estate, Gift, & GST Tax Officer, Associate/Vice President in Chicago, Illinois
Firm Introduction : J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
This position will require a close working relationship with the Estate, Gift & GST Tax team leader within JPMorgan’s Trusts & Estates tax group, including contact with internal and external stakeholders. The tax officer’s primary responsibility will be to provide a working knowledge of estate, gift and generation-skipping (GST) tax matters for our client base and to ensure compliance with Federal and State filing requirements. This will include process and procedure, analysis of risk, review of data and helping to focus on priority items. Also, this role will involve frequent interaction with JPMorgan’s tax accounting firm vendor(s) and front office advisors (e.g., Trust Officers, Bankers, Investors, etc.) in a fast-paced team environment, as well as accountability for broader projects.
Review trust documents and analyze the generation-skipping transfer (GST) tax implications of trust accounts
Review and oversight of terminating trusts to ensure compliance with JPMorgan’s regulatory tax reporting responsibilities
Coordinate with the Estate, Gift & GST team leader to respond to tax-related inquiries from estate and trust officers and administrators and JPMorgan’s tax vendor(s)
Assist with overall team objectives, including responsibility for metrics reporting
Firm foundation in estate, gift and generation-skipping transfer tax matters
Ability to research tax issues
Excellent written and verbal communication skills
Attention to detail and ability to work independently
Client focused with a tenacity to resolve issues and conflicts
Team player with excellent organizational, multitasking and prioritizing skills
JD or CPA; LL.M in Taxation or Master’s in Taxation a plus
7+ years of estate, gift and generation-skipping transfer tax experience
Specific industry-related experience preferred.
Proficient computer skills with an emphasis in Microsoft Office tools: Excel, PowerPoint, and Word as well as strong knowledge of online research tools (e.g. RIA Checkpoint and CCH)
Familiarity with OneSource Tax Software and Omni Platform a plus
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.