CD, IRA Specialist

Old National Bank • Evansville, IN

1d

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. We are currently seeking a CD and IRA Specialist that will be responsible for providing superior customer support to our Community Banking partners and IRA clients. In addition to providing support, responsibilities include CD verification, CD posting, new account input, account maintenance, penalty calculations, and rate input. The role requires expert knowledge of IRA banking concepts, rules, and regulations. The CD and IRA Specialist must maintain accurate IRA Plan Administration, which includes IRA transaction processing, IRA deceased processing, death claims, RMD calculations and processing, IRA Transfers, IRA Direct Rollovers, and tax reporting, all in accordance with government regulations and bank policies.

Requirements

• High School Degree or equivalent with 2 to 5 years of experience; or Associate degree with 0 to 2 years of experience
• Ability to understand and communicate complicated information effectively
• Highly organized with a strong attention to detail
• Ability to work with minimal supervision in a team environment and with other areas
• Excellent Communication Skills, both written and oral
• Adaptability
• Ability to work well under pressure
• Attention to Detail
• Problem Solving/Decision Making
• Planning and Organization

Nice To Haves

• Trust and/or Estate experience, a plus

Responsibilities

• Serve as the subject matter expert for our internal teams
• Effectively and professionally communicate complicated IRS rules and regulations to both internal associates, external IRA clients, tax professionals, and attorneys.
• Maintain knowledge of Old National’s CD and IRA products, and familiarity with all IRA documents for Community Banking partners, and IRA clients
• Ensure accuracy of IRA documents received, then post transactions and maintenance requests with minimal errors
• Adjust priorities to ensure service level agreements and deadlines are achieved
• Provide recommendations on operational initiatives and improvements
• During peak IRA and Tax season (October – April) additional hours and responsibilities may be required.
• PTO blackout dates apply the week of the Tax Filing Deadline (typically April 15th), and the last week of the year. Additional blackout dates may apply, advance notice will be provided.

Benefits

• competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance
• 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees