Tax and Retirement Operations Analyst
$59k - $86k USD
About Altruist
Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients.
We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you!
But first, our values
Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.
Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.
Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.
About the position
Altruist is entering an exciting new phase, and we're looking for an Tax and Retirement Operations Analyst to join our team. As a Tax & Retirement Operations Analyst, you’ll play a vital role behind the scenes, ensuring that all tax, cost basis, and retirement operations are accurate, compliant, and efficient. You’ll maintain the integrity of thousands of client accounts — processing transactions, reconciling data, producing tax forms, and ensuring compliance with IRS and regulatory standards.
This role is ideal for someone with exceptional attention to detail, a strong understanding of brokerage and retirement operations, and a drive to deliver operational excellence in a fast-paced fintech environment.
What you’ll do
- Maintain and update client cost basis across equities, mutual funds, ETFs, fixed income, and options.
- Process and reconcile corporate actions (splits, mergers, spin-offs, return of capital events) with real-time cost basis adjustments.
- Manage wash sales, gain/loss adjustments, and tax corrections in compliance with IRS standards.
- Support the production, review, and reconciliation of tax forms, including Forms 1099-B, 1099-DIV, 1099-INT, 1099-MISC, 1099-OID, 5498, and 1099-R.
- Investigate and resolve cost basis discrepancies by collaborating with custodians, fund companies, and internal teams.
- Ensure complete and accurate cost basis preservation during ACATs, non-ACATs, and asset transfers.
- Manage transactions including contributions, distributions, rollovers, RMD recalculations, Roth conversions, recharacterizations, and death claims.
- Collaborate with internal teams (Client Success, Compliance, Product, Engineering) to improve processes and resolve operational issues.
- Ensure all retirement operations meet regulatory and IRS standards, including Publication 590-A/B and the SECURE Acts.
What you’ll bring
- 1+ years of experience in financial operations, retirement services, cost basis management, or brokerage operations
- Bachelor’s degree or equivalent experience in financial services, operations, or accounting.
- Knowledge of IRA and 401(k) account rules, custodial operations, and tax reporting.
- Familiarity with a wide range of investment products (stocks, bonds, mutual funds, ETFs, options).
- Sharp attention to detail with strong analytical and problem-solving skills.
- Ability to prioritize, multitask, and thrive in a deadline-driven environment.
- Excellent written and verbal communication skills with the ability to collaborate cross-functionally.
Nice to have:
- FINRA Series 99 or Series 7 license (or willingness to obtain).
- Understanding of retirement vs. non-retirement tax treatment and beneficiary rules.
- Knowledge of IRA and 401(k) account rules, custodial operations, and tax reporting.
Dallas, TX salary range
$59,000—$86,000 USD
What we bring
Attracting and retaining top-tier talent is a priority. We are proud of the culture we’ve built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.
- A hybrid work schedule for most positions to promote strong, in-person collaboration.
- Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
- Competitive pay and equity for eligible positions.
- Premium healthcare, dental, and vision insurance plans (HMO and PPO).
- 401k savings plan with a 4% match and immediate vesting.
- 16 week paid parental leave.
- Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
- Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
- Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
- One month work from anywhere policy (with the exception of a few countries).
Total compensation includes a competitive benefits package, along with equity in the form of Stock Options (ISOs) for eligible roles. For salaried positions, a salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.