Assoc, Professional, P2, Core Services, NEX : Job Level - Associate

Background on the Team
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.

The Client Tax Department is responsible for ensuring that all IRS Tax documentations, withholding, reporting, deposits and filing obligations of the Firm are met. The Client Tax Associate position is required to perform numerous daily functions, including review and approval of tax documentations including W-9 and W-8s, review of control reports and assist with year-end 1042-S/1099 reporting, assist with testing and quality review of various IT implementation for the department. Answer a wide range of complex questions related to tax documentation, withholding and reporting coming from our branch offices and internal business partners.

Primary Responsibilities
High Level Primary Responsibilities include:
-Assist in reviewing Year End Processing and mass corrections
-Work with different business units to address tax withholding issues
- Review and address withholding and reporting exception reports
-Assist in creating and reviewing audit procedure documentation
-Assist with daily remittance of withholding taxes to IRS and various state agencies
-Assist with state registration and testing of state setup Qualifications and Skills required
-College degree
-Ability to multitask and take ownership of complex issues and meet tight deadlines.
-Ability to quickly identify an issue, coupled with the ability to succinctly articulate and escalate the issue, impact and corrective action to management.
-Ability to operate across all functional areas across Business Unit, Corporate Tax, Technology, Compliance, Audit and Risk.
-Ability to document process flows, desktop and written supervisory procedures.
-Highly Organized and Detail Oriented.
-Attention to detail and meeting deadlines.
-Excellent verbal and written communication skills.
-Excellent analytical and problem solving skills.
-Comprehensive understanding of Microsoft Excel.
-A good understanding of Operations, Technology, & Risk.
-Advanced MS Office skills, including MS Excel, PowerPoint, Word and MS Project.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.