Wealth Tax Liaison

Overview:

Serves as the primary point of contact for all tax withholding and information reporting issues across multiple businesses.  Ensures compliance with US and/or international tax regulations as they apply to tax withholding and information reporting obligations.  Serves as point of escalation when conflict or issues arise related to customer tax reporting.

Primary Responsibilities:

• Interpret and apply applicable tax regulations and raise exceptions or areas of ambiguity as required.
• Understand applicable regulations and internal policies and their impact on the business and payments.
• File extensions, information reporting files, and tax returns with the IRS (Internal Revenue Service).
• Resolve IRS notices and letters.
• Review, update and/or create procedures related to tax documentation and withholding and reporting.
• Assist with all issues related to payee documentation.
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Scope of Responsibilities:

The position is responsible for day-to-day direction of the department and requires a thorough knowledge of business and applicable IRS regulations.  The position works with uncertainty with discretionary solutions, possessing moderate risk to organization.

Education and Experience Required:

Bachelor's degree and a minimum of 3 years relevant experience, or in lieu of a degree, a combined minimum of 5 years higher education and/work experience, including a minimum of 3 years relevant work experience

Demonstrated leadership skills

Strong analytical skills

Strong problem-solving skills

Strong verbal and written communication skills

Detail-oriented

Education and Experience Preferred:

MBA (Master’s degree in Business Administration) or other advanced degree

Relevant professional certifications

Strong tax knowledge across multiple aspects of regulations

Strong interpersonal skills necessary for building relationships

Excellent verbal and written communication skills

Self-motivated

Well-organized

Ability to work autonomously, as well as in a team environment

Ability to work under time constraints and prioritize accordingly

Ability to multi-task in support of multiple initiatives

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Amherst, New York, United States of America