Cost Basis Business Analyst - Tax & Regulatory (CONTRACT) REMOTE
At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you're passionate about developing your career, while helping others along the way, come join the Broadridge team.
Broadridge is Growing! We are seeking a Cost Basis Business Analyst with strong tax, regulatory, and financial services experience to support the analysis, implementation, and enhancement of cost basis processes, systems, and controls. This role will partner with business, operations, technology, compliance, and tax stakeholders to ensure reporting is accurate, compliant, and aligned with evolving regulatory requirements. The ideal candidate has deep knowledge of tax regulations, securities processing, tax reporting, and business analysis best practices.
Key Responsibilities:
- Analyze and document business requirements related to 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:
- 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 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 tax information reporting.
- Direct experience with tax and regulatory requirements impacting including:
- 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.
- Experience with cost basis platforms, brokerage back-office systems, or tax reporting systems.
- Knowledge of ACATS, DTCC processing, corporate actions, and securities reference data.
- Exposure to regulatory change management and audit support.
- Professional certifications such as CBAP, PMP, CPA, or CFA are a plus.
- Experience working in large-scale enterprise transformation or modernization programs.
Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.
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We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company-and ultimately a community-that recognizes and celebrates everyone's unique perspective.
Use of AI in Hiring
As part of the recruiting process, Broadridge may use technology, including artificial intelligence (AI)-based tools, to help review and evaluate applications. These tools are used only to support our recruiters and hiring managers, and all employment decisions include human review to ensure fairness, accuracy, and compliance with applicable laws. Please note that honesty and transparency are critical to our hiring process. Any attempt to falsify, misrepresent, or disguise information in an application, resume, assessment, or interview will result in disqualification from consideration.
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Disability Assistance
We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws.
If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at 888-237-7769 or by sending an email toBRcareers@broadridge.com.