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Salaried Cost Basis Jobs (NOW HIRING)

JPMorgan Chase & Co

Cost Basis Associate

Newark, DE

Job summary As a Cost Basis Associate in Brokerage operations, you will help ensure the accuracy ... We offer a competitive total rewards package including base salary determined based on the role ...

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JPMorgan Chase & Co.

Cost Basis Associate

Newark, DE · On-site

Job summary As a Cost Basis Associate in Brokerage operations, you will help ensure the accuracy ... We offer a competitive total rewards package including base salary determined based on the role ...

JP Morgan Chase

Cost Basis Associate

Newark, DE · On-site

Job summary As a Cost Basis Associate in Brokerage operations, you will help ensure the accuracy ... We offer a competitive total rewards package including base salary determined based on the role ...

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How much do salaried cost basis jobs pay per year?

As of Aug 30, 2026, the average yearly pay for salaried cost basis in the United States is $107,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $121,500.00 per year, depending on experience, location, and employer.

What is the difference between Salaried Cost Basis vs Hourly Cost Basis?

AspectSalaried Cost BasisHourly Cost Basis
Payment StructureFixed annual salary regardless of hours workedPaid based on hours worked, often with hourly rate
Work HoursTypically consistent, set scheduleVariable, based on actual hours worked
OvertimeUsually not eligible or included in salaryOften eligible for overtime pay
Budgeting & Cost ControlPredictable salary expensesVariable expenses based on hours worked

Understanding the difference between Salaried Cost Basis and Hourly Cost Basis helps employers and employees manage compensation expectations and budgeting. Salaried employees receive a fixed amount regardless of hours, while hourly employees are paid based on actual hours worked, affecting overtime and budgeting strategies.

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Salaried Cost Basis jobs near you
Infographic showing various Salaried Cost Basis job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 2% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.

Cost Basis Associate

JPMorgan Chase & Co

Newark, DE

Full-time

Medical, Retirement

Posted 3 days ago

New

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 498 frontline employees who took The Breakroom Quiz

71st of 173 rated banks

Job description

Step into a role where your analytical skills and attention to detail directly impact the accuracy of client reporting and regulatory compliance. Join a team that values collaboration, continuous improvement, and a strong controls culture. You will receive hands-on experience, structured training, and mentorship while building your operations and data skills. Make a difference for clients and the firm from day one.

Job summary

As a Cost Basis Associate in Brokerage operations, you will help ensure the accuracy and integrity of cost basis reporting by analyzing data, executing controlled processes, and supporting improvements to how we monitor, resolve, and prevent exceptions. You will apply relevant regulations and industry standards while partnering with teammates to deliver timely, accurate outcomes. You will contribute to operational excellence through strong judgment, curiosity, and a focus on continuous improvement.

Job responsibilities
  • Analyze and interpret financial and transactional data related to cost basis and tax lots
  • Build and maintain reports and dashboards to monitor data accuracy, timeliness, and exceptions
  • Identify trends and discrepancies, document findings, and recommend remediation steps
  • Execute standardized workflows and procedures for cost basis processing and reconciliations
  • Perform daily controls, manage exceptions, and resolve breaks with clear audit trails
  • Track and report on key performance indicators and service level agreements
  • Apply cost basis regulations, tax rules, and industry standards to support compliance
  • Support accurate adjustments for corporate actions such as stock splits, mergers, and dividends
  • Contribute to automation initiatives by drafting queries, building workflows, and assisting with testing
  • Perform reconciliations between systems, investigate and resolve discrepancies, and implement preventive actions
  • Collaborate with cross-functional teams to communicate analytical insights and support process changes
Required qualifications, capabilities and skills
  • Bachelor's degree in Finance, Accounting, Business, Data Analytics, or a related field or equivalent practical experience
  • Proficiency with Microsoft Excel, including formulas, lookups, and pivot tables
  • Ability to learn data analytics and automation tools such as SQL and Alteryx
  • Strong attention to detail and a demonstrated controls mindset
  • Clear written and verbal communication skills
  • Ability to prioritize work and deliver accurate results under deadlines
  • Demonstrated problem-solving ability and intellectual curiosity
  • Drive to learn quickly in a fast-paced environment
Preferred qualifications, capabilities and skills
  • Experience with financial data analysis, corporate actions, or cost basis concepts through coursework, projects, or internships
  • Exposure to tax lot accounting systems or exception management processes
  • Basic scripting skills, such as Python or VBA, to support automation and process improvement
  • Familiarity with data visualization tools used for reporting and monitoring
  • Experience drafting business requirements or test cases to support process automation
  • Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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