Who You'll Work With:
We are seeking a San Antonio-based Financial Compliance Reporting (FCR) Analyst to join our Financial Compliance Reporting Team in Global Technology & Operations.
The Financial Compliance Reporting (FCR) team is responsible for auditing and maintaining the account population to ensure accounts are in compliance with state and federal regulations. Some responsibilities of the FCR department include tax form production, escheatment processing, statement production, confirmation production, B & C-Notice processing, foreign account monitoring, levy processing, ownership reporting, and compliance mailings.
The person in this role will have an opportunity to enhance his or her strategic thinking skills and apply these skills in practical application. The person successfully performing this role will participate in industry-level discussions and can influence current AB processes. He or she will be a part of a team environment, where collaboration is encouraged. The person successfully performing this role will have various career path opportunities including positions with a higher degree of technical responsibility or a higher degree of management experience, including process or project management.
What You'll Do:
The Financial Compliance Reporting Analyst plays a key role for our firm, providing maintenance and examination of the shareholder account population to ensure we are in compliance with state and federal regulations. The individual is responsible for coordinating the timely processing of various regulatory requirements.
Execute tax form production (including Late Originals and Corrective Tax Forms) by compiling daily, weekly, monthly and annual audits, execute mock tax form production to validate output, and execute tax jobs in SS&C systems to generate and print tax forms
Process IRS E-Filing for tax forms by processing registration maintenance to ensure the registration is in the correct format, execute tax jobs in SS&C systems, validate the SS&C E-Filing output, and upload the E-Filing to the IRS website
Execute IRS B-Notices, C-Notices, IRS Levies, and State Levies
Notify the IRS of Fund opening/name changes and make updates to SS&C systems for AB corporate actions
Research and apply state escheatment regulations to AB’s account population
Perform shareholder outreach on identified escheatable accounts
Evaluate accounts for contact resolution
Submit escheatable assets and affiliated shareholder details to states within regulated timeframes
Process returned mail to maintain up-to-date shareholder records, when available
Support other functions within the department as business needs arise based on skill and capacity
The Applications and Business or Enterprise Functions the Role Supports:
Tax Form Production
Levy Processing
IRS B & C Notices
Ownership Reports
Foreign Account Monitoring
Account-level Assessments
State Escheatment (Unclaimed Property)
Statement Production
Returned Mail Processing
Regulated Compliance Mailings
What We're Looking For:
1 to 2 years mutual fund or financial services experience
Knowledge of general tax reporting practices or regulations preferred
Knowledge of governmental agency regulations related to the SEC and IRS regulatory practices a plus, but not required
Exceptional oral and written communication, time management, problem framing, and follow-up skills
Proven ability to multi-task and effectively prioritize a wide range of projects/responsibilities
Exhibition of organizational skills and conscientiousness; establishes priorities and follows through on tasks to completion
Strong attention to detail
Proven ability to work with internal and external clients and vendors
Proficient use of Microsoft office desktop package
Navigation of SS&C systems preferred
Special Knowledge:
Strong tax reporting knowledge and some abandoned property/escheatment and mutual fund operations knowledge
Effective task execution, both as an individual and through team…