Tax & IRA Coordinator

Old National Bank•Evansville, IN

2d•$52,800 - $103,500

About The Position

The Tax & IRA Coordinator provides operational and technical support for fiduciary tax administration and Individual Retirement Accounts within Old National Bank’s Wealth Management business. The role supports accurate tax classifications, timely and compliant tax reporting, and consistent application of tax and retirement regulations across fiduciary and IRA accounts. It contributes to risk mitigation, regulatory compliance, and client service by addressing tax- and IRA-related inquiries and providing subject matter expertise to internal partners. The coordinator supports fiduciary tax preparation by gathering and validating account information, tracking tax return details, coordinating with external tax preparers, and assisting with tax payments, refunds, IRS notices, and partnership data. The position also reviews account documentation to determine tax classifications and reporting requirements, including when accounts are opened, affected by life events, or terminated. For IRA administration, the coordinator reviews account documentation and transaction materials, assesses required minimum distribution (RMD) status, checks system data, and provides guidance on applicable tax rules. The role collaborates with Wealth Advisors, Middle Office, Operations, and other Wealth Management associates, and may participate in client meetings to support complex discussions. The position requires careful management of regulatory deadlines, sound analytical judgment, clear communication, and ongoing development of technical knowledge. The listed salary range is $52,800–$103,500 per year, plus bonus. Actual offers may vary based on responsibilities, skills, experience, education, and geographic location.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field, or an equivalent combination of education and relevant experience.
At least two years of experience in tax, accounting, trust administration, or a related financial services role.
Experience coordinating with internal partners and external service providers.
Ability to apply analytical thinking and sound judgment to tax and retirement-related issues.
Ability to communicate technical tax and IRA information clearly and appropriately to different audiences.
Ability to plan and prioritize work to meet regulatory deadlines and manage downstream risks.
Ability to maintain professional focus and work discipline during business hours.

Nice To Haves

Working knowledge of fiduciary taxation and retirement account regulations.
Public accounting or fiduciary services experience.

Responsibilities

Coordinate fiduciary tax preparation by compiling, validating, and distributing account information to external tax preparers.
Track fiduciary tax return data, including filing status, due dates, payments, refunds, and estimated tax requirements.
Work with external tax vendors to answer questions, clarify account activity, and resolve reporting issues.
Assist with electronic tax payments and processing tax refunds.
Review IRS notices, research issues, and coordinate appropriate resolutions with internal partners.
Compile and analyze partnership-related data for fiduciary tax reporting.
Review governing documents and account agreements to determine tax classifications and reporting requirements for new accounts.
Ensure tax classifications and reporting attributes are accurately set up in trust accounting and related systems.
Analyze tax reporting requirements following life events, including a grantor’s or beneficiary’s death, and determine appropriate filing structures and tax year configurations.
Communicate tax determinations and required actions to internal partners and external tax preparers.
Determine tax reporting and tax preparation fee treatment for terminating accounts.
Review IRA documentation and onboarding materials for completeness and regulatory consistency.
Review IRA contribution and distribution documentation for compliance with applicable tax rules.
Determine required minimum distribution status based on account type, beneficiary information, and applicable tax regulations.
Review IRA system data for accuracy related to RMD calculations, contributions, and distributions.
Identify alternative or more favorable RMD treatments permitted by tax regulations and communicate guidance to Wealth Advisors.
Provide technical guidance on IRA and retirement-related tax matters by reviewing governing documents and applying IRS rules.
Serve as a contact for internal partners’ fiduciary tax and IRA-related questions.
Provide Wealth Management associates with timely updates on status, open items, and resolutions.
Participate in client meetings, as requested, to support complex fiduciary tax or IRA discussions.
Collaborate with Middle Office, Operations, and Wealth teams to support accurate, consistent, and compliant account administration.
Manage assigned tax processes, anticipate deadlines, identify issues, and follow through to resolution.
Maintain current knowledge of fiduciary tax and retirement regulations and pursue professional development.