Bank of America Personal Tax Accountant II in New York, New York

Job Description:

Business Overview:

U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,100 professionals and maintains 135 offices in 33 states.

Job Description:

Overall Description

  • Provide technical tax expertise to meet the needs of clients in support of the integrated delivery of products and services.

  • Work closely with PTS and other client team members coordinating service fulfillment and expanding relationships.

  • Prepare the more complex federal and state tax returns.

  • Review the more basic federal and state tax returns.

  • Reports to Personal Tax Manager or Team Lead

Key Responsibilities

Client Service/Fulfillment

  • Prepare the more complex federal and state tax returns.

  • Review the more basic federal and state tax returns.

  • Deliver superior service and a consistent customer experience.

  • Provide assistance to team in area of problem resolution.

  • Provide product knowledge and expertise to address client needs. Conduct tax research to resolve complex tax problems. Advise clients on tax treatment of transactions and technical tax matters.

  • Respond effectively and timely to client inquiries.

  • May own some of the more basic client relationships for PTS.

Risk Management

  • Accountable for compliance with federal and state tax laws for all clients serviced.

  • Exercise sound judgment in decision-making, taking into consideration managing risk and compliance with internal policies and procedures.

  • Review the more basic federal and state tax returns.

  • Demonstrate comprehensive knowledge of U.S. Trust products and applicable tax laws.

  • Proficient in and/or obtains training regarding current systems, software programs and tools used by PTS.

Associate Development

  • Take personal responsibility for career development and work with management to regularly review personal progress, areas of development, training needs, opportunities, etc.

  • Participate in continuing education courses/seminars to keep abreast of area of expertise (new product offerings, legal/regulation updates, strategies, etc.).


  • Minimum 4 year’s experience in an individual tax services environment. Accounting, finance or law degree, or CPA or CFP designation is a plus.

  • Demonstrated oral, written, and presentation communications skills.

  • Strong working knowledge of individual tax return preparation and processing in a high volume environment.

  • Able to work in a multi-task environment, managing multiple priorities while delivering results

  • Computer literate.

Posting Date : 07/13/2018

Location :

New York, NY, 114 W 47TH ST (NY8114),

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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