Wealth Management Trusts & Estates Tax Operations, Vice President

Location: Chicago, IL, United States

Job Family: Client Tax

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative solutions to our clients. The Wealth Management Trusts & Estates Tax Operations team plays a critical role in supporting the firm's fiduciary responsibilities, ensuring accurate and compliant tax filings for our high-net-worth clientele. As Vice President in the Trusts and Estates Tax Technical & Advisory team, you will lead efforts to navigate the complexities of U.S. tax laws, providing expert guidance on trusts, estates, and related fiduciary matters. Based in our Chicago office, this position offers the opportunity to contribute to a dynamic environment where tax strategy directly impacts client wealth preservation and growth. In this role, you will oversee the end-to-end tax operations for a portfolio of sophisticated trusts and estates, collaborating closely with wealth advisors, legal experts, and external partners. Your responsibilities will include reviewing complex tax returns, advising on tax-efficient estate planning, and ensuring adherence to IRS regulations amid evolving legislative landscapes. You will also drive process enhancements within JP Morgan's robust tax infrastructure, leveraging cutting-edge tools to streamline operations and minimize risks. This position demands a strategic mindset, as you will analyze the implications of tax policy changes on client portfolios and recommend proactive measures to optimize outcomes. Joining JP Morgan Chase means becoming part of a world-class institution committed to excellence in financial services. We value professionals who bring deep tax expertise and a client-centric approach to our Wealth Management division. This Vice President role is ideal for seasoned tax leaders passionate about the intersection of taxation and wealth management, offering substantial opportunities for career advancement and impact on landmark client engagements.

Key Responsibilities

• Oversee the preparation and review of complex tax returns for trusts and estates managed by JP Morgan Chase's Wealth Management division
• Provide technical tax advisory support to fiduciary teams, ensuring compliance with evolving IRS and state regulations
• Collaborate with client advisors to develop tax-efficient strategies for high-net-worth individuals and families
• Manage tax filing deadlines and coordinate with external tax preparers or legal counsel as needed
• Conduct internal audits and quality controls on tax documentation to mitigate compliance risks
• Mentor junior team members on trusts and estates tax best practices within the financial services sector
• Analyze legislative changes in tax policy and assess their impact on JP Morgan's client portfolios
• Liaise with regulatory bodies and respond to tax authority inquiries on behalf of the firm
• Develop and implement process improvements for tax operations to enhance efficiency and accuracy

Required Qualifications

• Bachelor's degree in Accounting, Finance, Taxation, or a related field
• Minimum of 7-10 years of experience in trusts and estates tax operations within the financial services industry
• Certified Public Accountant (CPA) license or equivalent professional certification in taxation
• In-depth knowledge of U.S. federal and state tax laws applicable to trusts, estates, and high-net-worth individuals
• Proven experience managing tax filing obligations for fiduciary accounts in a banking or wealth management environment
• Strong understanding of IRS regulations and compliance requirements for private banking clients
• Ability to handle complex tax advisory scenarios involving multi-jurisdictional estates

Preferred Qualifications

• Advanced degree such as Master's in Taxation or JD with focus on estate planning
• Experience working at a major financial institution like JP Morgan Chase or similar
• Familiarity with JP Morgan's internal tax systems and wealth management platforms
• Prior leadership role in a tax operations team supporting ultra-high-net-worth clients
• Knowledge of international tax implications for cross-border trusts and estates

Required Skills

• Expertise in U.S. tax code for trusts and estates
• Proficiency in tax preparation software such as Thomson Reuters or CCH Axcess
• Strong analytical skills for complex financial modeling
• Excellent attention to detail and accuracy in high-stakes environments
• Advanced Microsoft Excel and data analysis capabilities
• Effective communication skills for client and internal stakeholder interactions
• Leadership and team management abilities
• Problem-solving skills for regulatory compliance challenges
• Knowledge of fiduciary accounting principles
• Project management skills for deadline-driven tax filings
• Interpersonal skills for collaborating with legal and advisory teams
• Adaptability to changing tax laws and financial regulations
• Research skills for staying updated on industry trends
• Confidentiality and ethical judgment in handling sensitive client data

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee stock purchase plan and access to JP Morgan's wealth management resources
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.