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Are you curious, motivated, and forward-thinking? At FIS you will have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.
About The Team
Tax Reporting Manager (formerly Compliance Plus®), the Tax Information Reporting Suite (formerly Wall Street Concepts) provides tax information reporting outsourced solutions to the financial services industry to facilitate production of Forms 1099, 1042-S, 5498, K-1, etc. for domestic, retirement and non-resident alien accounts. This includes the special requirements associated with REMICs, Pass Through Mortgage-Backed Securities, Long term OID bonds, Master Limited Partnerships, Mutual Funds, REITs, Unit Investment Trusts, and Widely Held Fixed Investment Trusts (WHFITs).
What you will be doing
Gathers and analyze security level attributes and maintain security repository.
Basic exposure to financial products Fixed Income securities, Structured Products. Mortgage Securities (MBS & CMO), Mutual Funds, Corporate bonds.
Working on SEC Edgar filings to capture latest securities such as prepaid forward contracts, VRDI, CPDI debt securities and Equity securities.
Identify and update newly issued mortgage securities from mortgage agencies such as GNMA, FNMA and FHLMC.
Calculate & update principal balance for REMIC combos cusips.
Analyzing instrument details and Bloomberg event codes to update in database for corporation Actions such as Name Change, Cusip Change, Acquisition, Merger, Payment in Kind.
Perform data cleaning activity to remove irrelevant data from database.
Provide Tax season support on Income Reallocation services to process incomes on ETF, RIC, REIT etc.
Provide Tax season support on REMIC mortgage data for balance, Income receivable, Cusip Factors.
Capture & update the Municipal bonds (GO & Revenue) in database by considering the tax code.
Update database with latest/current information regarding security Listing for ETF's, REIT, Closed End Funds & MLP.
Update delisted securities in database due to liquidation/Merger.
Ensuring that all entitlements for Income/Corporate actions are captured and processed accurately and in a timely manner and within internal SLA.
Basic knowledge of SQL will be added advantage.
What you Bring:
Attention to detail, accuracy, and confidentiality.
Ability to establish and maintain effective working relationships with employees.
Ability to analyze and solve client queries on security set-up.
2/3 years’ experience in security data operations.
Skills
Basis knowledge of Capital Market and Corporate action.
Basis knowledge on Fixed Income and Mortgage Securities.
Good understanding in MS office.
Attention to detail with good analytical skills.
Should be a team player.
Qualifications
Master of Business Administration.
Competencies
Fluent in English
Excellent communication, presentation, and training skills.
Ability to understand and apply learned concepts.
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
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