Wealth Specialty Assets Support Analyst

Old National Bank•Evansville, IN

3d•$44,700 - $84,500•Onsite

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.

Requirements

Bachelor’s degree or equivalent experience required; degree in Finance, Business, Accounting, Real Estate, or related field preferred.
Minimum 2 years of experience in trust administration, financial services operations, unique or unique asset administration, or related fields.
Strong attention to detail with the ability to manage complex documentation and deadlines.
Knowledge of fiduciary concepts, trust administration practices, and operational workflows.
Proficiency in Microsoft Office (Excel, Word, Outlook) and ability to learn specialized trust systems.
Excellent written and verbal communication skills.
Ability to work effectively in a team-based, highly regulated environment.

Nice To Haves

Experience supporting real estate, illiquid, or non-traditional assets.
Familiarity with asset valuation concepts, insurance administration, or loan servicing.
Experience working with trust accounting or property management systems.
Interest in or progress toward professional certification (e.g., CTFA).

Responsibilities

Provides critical operational and administrative support for the management of unique and hard-to-value assets held in fiduciary accounts, including real estate, closely held business interests, mineral, oil and gas interests, loans and notes, life insurance, and tangible personal property.
Supports the full lifecycle of unique assets from pre-acceptance and onboarding through ongoing administration, monitoring, valuation, annual review and disposition, while ensuring adherence to fiduciary standards, internal policies, and regulatory requirements.
Works closely with Specialty Asset Managers, Wealth Advisors, Operations, Risk, Compliance, vendors, and clients to ensure unique assets are administered in a controlled, consistent, and well-documented manner.
Plays an essential role in mitigating risk while enabling efficient unique asset administration and delivering high-quality client service.
Supports the Wealth Specialty Assets team in the onboarding and day-to-day administration of unique assets in accordance with ONB policies and procedures.
Coordinates ownership changes, re-registrations, maintenance events, and asset documentation updates.
Tracks asset-specific administrative requirements, conditions of acceptance, and ongoing management obligations.
Assists with the collection, tracking, and review of asset valuations, inspections, and third-party reports.
Supports annual unique asset review processes, including documentation collection and issue tracking.
Processes receipts and monitors asset income streams such as rent, royalties, loan payments, and other receivables; assists with follow-up on past-due items.
Coordinates real estate tax payments, insurance renewals, and claim processing.
Maintains amortization schedules, tracks and administers promissory notes held in fiduciary accounts.
Maintains accurate, complete, and timely documentation in trust accounting and workflow systems.
Ensures administration activities comply with fiduciary standards, internal procedures, and regulatory expectations.
Assists with internal audits, reviews, and reporting related to unique assets.
Supports administrative reviews of unique assets and contributes to continuous improvement of procedures and controls.
Serves as an operational point of contact for internal partners regarding unique asset administration.
Coordinates with vendors, property managers, insurers, appraisers, and other third parties.
Schedules and prepares materials for meetings involving clients, advisors, and unique asset stakeholders.
Communicates clearly and professionally to support complex, high-touch client relationships.
Participates in initiatives to improve unique asset workflows, tracking, reporting, and scalability.
Assists with system enhancements related to unique asset management platforms.
Identifies opportunities to improve efficiency, risk mitigation, and service quality.