Northern Trust Tax Technician - 66556 in Chicago, Illinois

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/ada/r/jobs/5286781 For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

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We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

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As of June 30, 2017, Northern Trust Corporation had:

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•$126 billion in banking assets

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•$7.4 trillion in assets under custody

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•$9.3 trillion in assets under custody/administration

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•$1.0 trillion in assets under management

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nThe key responsibilities of the role include: n

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Responsible for reviewing and preparing complex tax products in compliance with tax laws and regulations. Provides taxation advice to clients and partners relating to tax and retirement planning, and trust or investment products.

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Researches, reviews, and prepares tax products in compliance with tax laws.

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Conducts training sessions, provides guidance to tax staff, represents the bank in meetings, and audits as needed.

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Works on various software systems within a group.

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Assists in tax planning, researches, prepares, and monitors specific reports

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Provides taxation advice to clients and/or partners relating to tax and retirement planning, trust or investment implications.

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Works closely with attorneys, banks, federal and state tax authorities, auditors, and partners.

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Focuses efforts on a single client relationship requiring sophisticated taxation needs.

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Interacts with internal/external sources including attorneys, auditors, accountants, federal, and state tax authorities, clients,banks, insurance companies, and partners on taxation issues.

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Keeps abreast of tax laws and regulations.

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nThe successful candidate will benefit from having: n

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1-5 years of tax preparation and research experience.

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Must possess knowledge of one or more tax areas.

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Ability to work independently, while simultaneously being able to forge productive team relationships.

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Strong interpersonal skills required. Intellectual curiosity, initiative, personal organization, motivation, maturity and ownership of one's work.

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Strong problem-solving skills.

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