Senior Vice President, Tax Reporting & Compliance

Senior Vice President, Tax Reporting and Compliance

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Senior Vice President, Tax Reporting and Compliance to join our Wealth Management team. This role may be located in Pittsburgh, PA;
Atlanta, GA;
Beachwood, OH;
Denver, CO;
Greenwich, CT;
Houston, TX;
Seattle, WA;
Tampa, FL; or West Palm Beach, FL.

In this role, you’ll make an impact in the following ways:

• Estate Tax Compliance Ownership:
  Lead preparation, review, and filing coordination of federal Form 706, with accurate valuation, deductions, elections, and timely submissions; manage related state inheritance/death tax filings.
• GSTT Monitoring and Reporting:
  Maintain robust monitoring of distributions and taxable terminations; coordinate or review filings (e.g., Form 706, Schedule R/RS and applicable returns) and ensure proper application of GST exemptions and allocations.
• Fiduciary and Related Filings Oversight:
  Support or review fiduciary income tax returns (Form 1041) where estate tax positions impact income tax reporting; ensure alignment of deductions, basis, and elections across filings.
• Form 8971 / Cost Basis Reporting:
  Own end-to-end process to track reportable assets and work with internal stakeholders and tax vendor(s) to ensure accurate beneficiary statements and basis consistency.
• Refund Recovery and Penalty Abatement:
  Proactively pursue outstanding refunds from IRS and state authorities; draft advocacy letters, escalate via Taxpayer Advocate Service when appropriate; identify and remediate penalties through documentation and negotiation.
• IRS/State Controversy Support:
  Serve as primary liaison for audits, notices, and controversies; gather documentation, prepare responses, coordinate with external advisors, and negotiate favorable resolutions.
• Process Ownership and Continuous Improvement:
  Design, document, and refine procedures, checklists, controls, and dashboards for filings, tracking, address changes, successor trustee intake, and state open remainders; eliminate duplicative steps and reduce cycle time.
• Risk and Control Management:
  Maintain strong risk culture with timely escalation of issues; ensure complete, accurate, and timely filings; monitor vendor performance; implement controls aligned to policy and regulatory expectations.
• Front Office and Client
  
  Collaboration:
  
  Partner with Estate Settlement Officers and Wealth colleagues across regions; join client/advisor calls to explain tax positions, payment protocols, protective claims, and settlement strategies.
• Proactively address any potential issues and provide guidance to junior colleagues on tax or regulatory calculations for complex or unprecedented circumstances.
• This role has no direct reports.

To be successful in this role, we’re seeking the following:

• Bachelor’s degree in Accounting, Finance, Tax, or related field; advanced credentials preferred (CPA, EA, JD, or LL.M. in Taxation).
• 7+ years of progressive experience in estate, gift, and trust taxation (public accounting, law firm, or wealth/trust company environment).
• Demonstrated autonomy in owning complex estate tax matters, with a track record of timely filings, issue resolution, and stakeholder communication.
• Expert knowledge of federal estate tax, GSTT mechanics, and state inheritance/death tax regimes; strong understanding of fiduciary income tax interactions.
• Proficiency with tax research platforms and preparation tools; advanced Excel skills and strong documentation discipline.

At BNY, our…