Cost Basis Manager - Vice President

Aumni

Aumni

Plano, TX, USA
Posted on Sep 24, 2024

Job Description

Are you looking for an opportunity to transform your operating environment and elevate your career? Join our team! This role offers exposure to a wide range of services and products across the firm, providing you with the chance to identify problems, enhance scalability through automation tools, and improve the client experience. Don’t miss out on the opportunity to empower yourself and make a meaningful impact.

As a Cost Basis Manager - Vice President within the Cost Basis Team, you will play a pivotal role in supporting brokerage accounts by leveraging your advanced data analytic skills, operational efficiency, and excellence. You will be responsible for ensuring accurate cost basis reporting, driving automation initiatives, and fostering a high-performing team. Your attention to detail and in-depth knowledge of cost basis, including the impact of corporate action events, will be critical in maintaining compliance and delivering exceptional service to our clients.

Job responsibilities

  • Utilize advanced data analytic skills to analyze and interpret complex financial data related to cost basis
  • Develop and maintain comprehensive reports to ensure accurate and timely cost basis reporting for brokerage accounts
  • Streamline and optimize cost basis processes to enhance operational efficiency and reduce errors
  • Implement best practices and standard operating procedures to ensure consistent and high-quality output
  • Monitor and evaluate the effectiveness of operational processes, making adjustments as necessary to achieve excellence
  • Lead, mentor, and develop a team of cost basis professionals, fostering a collaborative and high-performing work environment
  • Identify problems, leverage automation tools to improve scale, and enhance the client experience
  • Conduct thorough reviews and audits to verify the accuracy and completeness of cost basis data
  • Communicate the implications of corporate actions to relevant stakeholders and ensure proper documentation
  • Lead automation initiatives to enhance the efficiency and accuracy of cost basis processes
  • Seek innovative approaches to improve cost basis operations and deliver value to the organization

Required qualifications, capabilities, and skills

  • Bachelor's degree in Finance, Accounting, Business, or a related field
  • 6+ years of experience in cost basis management, brokerage operations, or a related field
  • Demonstrated expertise in data analytics, with proficiency in tools such as Excel, Alteryx, SQL, and data visualization software
  • Proven track record of leading and developing high-performing teams
  • High-level knowledge of cost basis regulations, tax laws, and industry standards
  • Excellent attention to detail, problem-solving skills, and the ability to work under pressure
  • Proven experience in leading automation and process improvement initiatives
  • Thorough understanding of corporate action events and their impact on cost basis

Preferred qualifications, capabilities, and skills

  • An advanced degree or professional certification (e.g., CPA, CFA) is highly desirable

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 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 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 is an Equal Opportunity Employer, including Disability/Veterans

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Operations teams develop and manage innovative, secure service solutions to meet clients’ needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.