Wealth Specialty Assets Support Specialist

Old National Bank•Evansville, IN

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

High School Diploma required
Minimum 2 years of trust administration, unique asset management, or related experience.
Good verbal and written communication skills.
Ability to operate effectively in an environment that stresses both individual accountability and team-based performance.
Thorough working knowledge of computer systems including Microsoft Office, Word, Excel, and trust accounting systems.
Knowledge of fiduciary standards and practices, and operational systems.

Nice To Haves

Bachelor's degree preferred
Desire a team environment, collaborating with experienced professionals from multiple disciplines to deliver high quality client service.

Responsibilities

Assisting the Specialty Asset team with the administration of unique, non-publicly traded assets held and managed by ONB in a fiduciary capacity, including interests in trust-owned real estate, closely-held businesses, mineral, oil and gas, loans and notes, life insurance, and tangible assets.
Supporting the execution of policies and procedures for all Specialty assets titled or registered to accounts where ONB has fiduciary or reporting responsibility.
Processing and tracking real estate tax payments with internal partners.
Monitoring rent receipts and other income associated with real estate held in Fiduciary accounts.
Assisting with insurance renewals and claim processing.
Obtaining and updating asset valuations and inspections as appropriate.
Assisting with the management of mineral interests.
Assisting with the monitoring, tracking and collection of past due loan note payments.
Completing other duties as assigned by the Specialty Asset Manager.
Demonstrating technical knowledge about the valuation, management, and registration of specialty assets.
Understanding and awareness of trust administration, operations processing, workflow systems and Trust Insurance Management systems.
Supporting the Sr. Wealth Specialty Assets Manager and Specialty Assets team with effective administration of all Wealth Specialty assets.
Assisting with development and implementation of strategies and processes to improve efficient management of assets.
Assisting with tracking and reporting of Specialty Assets as assigned.
Maintaining compliance with fiduciary procedures and required documentation.
Resolving account issues and assisting with complex fiduciary administration.
Assisting the Specialty Asset team with administrative reviews of specialty assets.
Arranging meetings with clients and vendors to coordinate specialty asset management services.