Senior Manager, Trust Tax in Brooklyn, OH at Key Bank- Corporate

Date Posted: 10/5/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4900 Tiedeman Road
    Brooklyn, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/5/2018

Job Description

ABOUT THE JOB (JOB BRIEF)

The Department Manger - Trust Tax position is responsible for oversight of the fiduciary, charitable and individual tax reporting of clients in Key’s Private Bank. The position ensures that the production of tax reporting is coordinated with tax advice and strategy tailored to individual client and family situations. The position supervises tax professionals to ensure that the team is proactive and relevant in its client service and that the year-end tax reporting supports the implementation of the advice/strategy. Participates in driving business value, setting direction for the trust tax team’s workload, leveraging industry best practices.

Provides direct leadership to Tax professionals, Trust Officers, Relationship Managers and other client facing team members to achieve consistent execution of tax advice to families and not for profit organizations. Sets and continuously improves performance standards and is accountable for the development of a world class advice based delivery and reporting practice, ensuring performance standards are met and risk is effectively mitigated.
ESSENTIAL JOB FUNCTIONS

• Management responsibility for specialty trust tax activities
o Supervision of tax professionals
o Individual coaching
o Team building
• Demonstrates deep expertise in fiduciary, tax, and related wealth issues
• Identification and execution of projects and initiatives to streamline/improve workflow and internal controls
• Coordination with client’s external advisors
• Coordination and integration of tax vendors
• Proactive in managing financial results and contribution of the department to Key Private Bank
• Department profile:
Ø 20-25 tax professionals
Ø 90% Form 1041 Fiduciary prep
Ø 5% Form 990 Charitable prep
Ø 5% Form 1040 Individual prep

Compliance
  • Maintains compliance with all internal policies and procedures, as well as, with regulatory and legal requirements
  • Mitigates risk on individual book of business
  • Assumes accountability for all delegated work on assigned accounts

Human Capital Leadership
• Accountable for acquiring and building bench strength, including the development of strategic sourcing strategies and appropriate employee development and business training.
• Creates a positive work environment, establishes high standards for work quality and provides opportunities for career growth and job satisfaction in order to develop and retain a highly trained and motivated staff.
• Builds an effective, cohesive team based upon integrity and application of Key Values.
• Establishes and tracks performance objectives for team members; manages and evaluates staff performance to established objectives and differentiates performance.

• Oversees administrative requirements for team.

Marginal Job Functions
• Work within the overall organizational structure.
• Special assignments, which encompass activities on an overall organizational level.
• Significant overtime required January through April.
REQUIRED QUALIFICATIONS

• Bachelor's degree in accounting or finance; or equivalent work experience.
• Certified Public Accountant or LLM preferred.
• Bank trust tax experience of at least 15 years or equivalent high volume fiduciary tax preparation.
• Demonstrated strong client focus; efficient and delivers in a timely manner.
• Experience with OneSource Trust Tax.
• Ability to plan and schedule work to meet strict tax deadlines
• Proven ability to handle multiple priorities and work independently and as part of a team
• Communication and motivational skills relative to individuals with technical backgrounds.
PREFERRED QUALIFICATIONS

• Experience with Global Plus or similar Trust Accounting System.
• Windows, Word, Excel and Access experience.
COMPETENCIES

Accountability: Keeps promises and honors commitments; Accepts responsibility for mistakes and failures and learns from them; Honors commitments and demonstrates open, honest communication.

Effective Collaboration: Identifies and involves the right stakeholders to make decisions and maximize results; Readily shares information, knowledge, best practices, and ideas with teammates; Leverages opportunities and capabilities across the team to accomplish goals; Attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he/she disagrees.

Client Focus: Is dedicated to meeting the expectations and requirements of internal and external clients; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with and gains their trust and respect.

Developing Self: Take ownership of your personal development plan and seek opportunities to further develop your professional effectiveness.

Developing Direct Reports: Provides challenging and stretching tasks and assignments; holds frequent development discussions; is aware of each direct report’s career goals; constructs compelling development plans and executes them; pushes direct reports to accept developmental moves; will take direct reports who need work; is a people builder.

Business Acumen: Knowledgeable about industry and current, possibly future policies, practices, trends and information affecting her/his business and organization; possess institutional knowledge and technical savvy.

Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.

Drives for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; relentless focus on execution; steadfastly pushes self and others for results.

ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
KeyBank has administrative services in place that help support the business. These include: Finance, Human Resources, Legal, and Marketing. KeyBank’s Corporate Center supports strategic initiatives through multiple teams which provide distinctly different, yet interrelated, disciplines for the KeyBank Leadership team and its business groups. The Corporate Center protects and enhances Key’s brand through thoughtful and deliberate messaging and responsible banking. Our proactive approach and significant expertise engage both internal and external constituents – employees, clients, shareholders, investors, regulators, legislators, community advocates – by adding value, positively influencing their perceptions, and instilling a sense of confidence in Key.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 31955BR

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