Job Title:  Tax Operations Associate

Corporate Title: Associate

Department: Tax Ops

Location: New York

The pay range for this position at commencement of employment is expected to be between $105K and $115K/year*

Company Overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors.

Department Overview

Tax Operations is a division of Nomura Wholesale Operations and is responsible for documenting, withholding, and reporting income paid by Nomura to client accounts to the IRS. Tax Operations liaise with various areas of the firm to approve new client onboarding and to ensure that onboarded accounts remain documented from a tax perspective. At calendar year-end Tax Operations is responsible for compiling all reportable data and issuing out IRS year-end forms 1099 and 1042-S to U.S. and non-U.S. client accounts; as well as filing the 1099, 1042-S and 1042 forms directly with the IRS.

Function Overview

The candidate will be responsible for validating U.S. tax forms (W8 and W9) into our tax form validation system, working with internal departments and trading teams on various onboarding and withholding related issues, allocating payment to the IRS, developing year-end tax forms for stakeholders, etc. The ideal candidate must be able to work in a team setting, be able to deliver under tight deadlines, prioritize and multitask various responsibilities.

Role Description

• Responsible for validating client tax documentation (W8 & W9).
• Communicate with onboarding teams and management regarding issues with client tax documentation and withholding.
• Continual communication with internal stake holders and management on status of projects.
• Demonstrate elevated organization skills and ability to work in high volumes under a tight deadline.

Skills, Experience, Qualifications and Knowledge Required

• An understanding of the W8 and W9 tax forms is not required but highly recommended.
• Experience with S&P MD3 and IPS systems is recommended.
• Organization and attention to detail is a must to complete this project.
• Organized with high attention to detail and able to problem solve quickly and efficiently.
• Ability to manage high volume requests, while being flexible and dynamic in execution

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

Nomura is an Equal Opportunity Employer