Tax Business Analyst (CONTRACT) REMOTE

Broadridge is a company dedicated to empowering others to accomplish more, and they are seeking a Tax Business Analyst to enhance tax reporting and cost basis processes. The role involves partnering with various stakeholders to ensure compliance with regulatory requirements and improve operational efficiencies.

Responsibilities:

• Analyze and document business requirements related to cost basis processing, tax reporting, and regulatory compliance
• Serve as a subject matter expert for cost basis rules across various asset classes, including equities, mutual funds, fixed income, and options
• Interpret and translate IRS regulations, tax guidance, and industry rules into business requirements, functional specifications, and process improvements
• Partner with compliance, tax, operations, and technology teams to support implementation of regulatory and tax-driven changes
• Evaluate current-state processes and identify gaps, risks, control issues, and opportunities for automation and efficiency
• Support design and testing of system enhancements related to: Cost basis calculation methods, Wash sale processing, Corporate actions, Transfers and ACATS activity, Tax lot accounting, Covered and non-covered securities reporting
• Create and maintain business requirements documents, functional specifications, process flows, test cases, and user stories
• Lead or support UAT, regression testing, and validation efforts for cost basis and tax reporting initiatives
• Investigate and resolve production issues, breaks, and reporting discrepancies involving cost basis data and tax forms
• Collaborate with data, operations, and technology teams to ensure data quality, lineage, reconciliation, and controls are in place
• Support readiness for regulatory audits, internal audits, and compliance reviews by maintaining documentation and evidencing controls
• Monitor industry and regulatory developments affecting cost basis and tax reporting, and communicate impacts to stakeholders
• Assist with implementation of process controls and governance to improve reporting accuracy and reduce operational risk
• Provide stakeholder updates, status reporting, and issue tracking across projects and enhancements

Requirements:

• Strong tax, regulatory, and financial services experience to support the analysis, implementation, and enhancement of Tax reporting, cost basis processes, systems, and controls
• Deep knowledge of cost basis regulations, securities processing, tax reporting, and business analysis best practices
• Analyze and document business requirements related to cost basis processing, tax reporting, and regulatory compliance
• Serve as a subject matter expert for cost basis rules across various asset classes, including equities, mutual funds, fixed income, and options
• Interpret and translate IRS regulations, tax guidance, and industry rules into business requirements, functional specifications, and process improvements
• Partner with compliance, tax, operations, and technology teams to support implementation of regulatory and tax-driven changes
• Evaluate current-state processes and identify gaps, risks, control issues, and opportunities for automation and efficiency
• Support design and testing of system enhancements related to: Cost basis calculation methods, Wash sale processing, Corporate actions, Transfers and ACATS activity, Tax lot accounting, Covered and non-covered securities reporting
• Create and maintain business requirements documents, functional specifications, process flows, test cases, and user stories
• Lead or support UAT, regression testing, and validation efforts for cost basis and tax reporting initiatives
• Investigate and resolve production issues, breaks, and reporting discrepancies involving cost basis data and tax forms
• Collaborate with data, operations, and technology teams to ensure data quality, lineage, reconciliation, and controls are in place
• Support readiness for regulatory audits, internal audits, and compliance reviews by maintaining documentation and evidencing controls
• Monitor industry and regulatory developments affecting cost basis and tax reporting, and communicate impacts to stakeholders
• Assist with implementation of process controls and governance to improve reporting accuracy and reduce operational risk
• Provide stakeholder updates, status reporting, and issue tracking across projects and enhancements
• Bachelor's degree in Finance, Accounting, Business, Economics, Information Systems, or a related field
• 5+ years of experience as a Business Analyst in financial services, brokerage, wealth management, asset servicing, or tax operations
• Strong knowledge of cost basis accounting and tax lot processing
• Direct experience with tax and regulatory requirements impacting cost basis reporting, including: Covered vs. non-covered securities, IRS cost basis regulations, Form 1099-B reporting, Wash sale rules, Corporate action impacts on basis, Securities transfers and basis reporting requirements
• Understanding of broker-dealer operations, post-trade processing, custody, and securities lifecycle events
• Experience translating complex regulatory requirements into clear business and system requirements
• Proven ability to perform gap analysis, process mapping, root cause analysis, and impact assessments
• Experience with UAT, defect management, test planning, and validation of financial/tax reporting systems
• Strong analytical skills with the ability to work with large datasets, reconciliations, and exception analysis
• Familiarity with Agile, Scrum, or hybrid project delivery methodologies
• Proficiency with tools such as SQL, Excel, JIRA, Confluence, Visio, or similar BA and data analysis tools
• Excellent written and verbal communication skills with the ability to present to both technical and non-technical audiences
• Strong organizational skills and ability to manage multiple priorities in a deadline-driven environment