Tax & IRA Coordinator

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.

Position Summary

The Tax & Individual Retirement Account (IRA) Coordinator provides operational and technical support for fiduciary tax administration and Individual Retirement Accounts within the Wealth Management business. This role exists to ensure accurate tax classifications, timely and compliant tax reporting, and consistent application of tax and retirement regulations across fiduciary and IRA accounts. The position contributes to risk mitigation, regulatory compliance, and effective client service by serving as a key point of contact for tax and IRArelated inquiries and by supporting internal partners with subject matter expertise.

Salary Range

The salary range for this position is $51,700 - $101,500 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Fiduciary Tax Administration

Coordinate fiduciary tax preparation activities by compiling, validating, and distributing required account information to external tax preparers.
• Maintain tracking and oversight of fiduciary tax return data, including filing status, due dates, payments, refunds, and estimated tax requirements.
• Interface with external tax vendors to address questions, clarify account activity, and resolve tax reporting issues.
• Assist with the execution and tracking of electronic tax payments and the processing of tax refunds.
• Review Internal Revenue Service notices, research issues, and determine appropriate resolution actions in coordination with internal partners.
• Compile and analyze partnershiprelated data required for accurate fiduciary tax reporting.

Tax Classification & Account Lifecycle Support

• Review governing documents and account agreements to determine appropriate tax classifications and reporting requirements for new accounts.
• Ensure accurate setup of tax classifications and reporting attributes within trust accounting and related systems.
• Analyze tax reporting requirements following life events, such as the death of a grantor or beneficiary, and determine appropriate filing structures and tax year configurations.
• Communicate tax determinations and required actions to internal partners and external tax preparers.
• Determine appropriate tax reporting and tax preparation fee treatment for terminating accounts.

Individual Retirement Account (IRA) Compliance & Support

• Review IRA account documentation and onboarding materials to confirm completeness and consistency with regulatory requirements.
• Assist Wealth Advisors by reviewing IRA contribution and distribution documentation to confirm compliance with applicable tax rules.
• Determine required minimum distribution (RMD) 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 situations where tax regulations allow alternative or more favorable RMD treatment and communicate guidance to Wealth Advisors.
• Provide technical guidance regarding IRA and retirementrelated tax matters by reviewing governing documents and applying Internal Revenue Service rules.

Internal Collaboration & Client Support

• Serve as a point of contact for internal partners regarding fiduciary tax and IRArelated questions.
• Communicate status updates, open items, and issue resolutions to Wealth Management associates in a clear and timely manner.
• 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.

Key Competencies for Position

Makes Decisions & Solves Problems

Applies analytical thinking and sound judgment to resolve tax and retirementrelated issues in a timely and compliant manner. Takes ownership of problems, evaluates available information and potential consequences, and collaborates with internal partners to recommend appropriate solutions consistent with tax law, regulatory requirements, and fiduciary standards.

Compelling Communication

Effectively communicates technical tax and IRA information in a clear, accurate, and audienceappropriate manner. Shares information transparently with internal partners, listens actively to understand questions and concerns, and ensures mutual understanding when clarifying requirements, resolving issues, or explaining taxrelated determinations.

Strategy in Action

Plans and prioritizes work to meet regulatory deadlines while anticipating risks and downstream impacts. Breaks down complex tax activities into manageable actions, aligns daytoday responsibilities with departmental objectives, and adjusts priorities as needed to support accurate and timely fiduciary tax and IRA administration.

Develops Talent (SelfDevelopment)

Demonstrates ownership of professional development by maintaining current knowledge of fiduciary tax and retirement regulations. Actively seeks feedback, builds technical expertise, and applies learning to improve accuracy, efficiency, and consistency in work outcomes.

Qualifications and Education Requirements

Education

• Bachelor's degree in Accounting, Finance, or a related field, or equivalent combination of education and relevant experience.

Experience / Qualifications

• Minimum of two (2) years of experience in tax, accounting, trust administration, or a related financial services role.
• Working knowledge of fiduciary taxation and retirement account regulations preferred.
• Experience coordinating with internal partners and external service providers.
• Public accounting or fiduciary services experience preferred.

Key Measures of Success/Key Deliverables

• Demonstrates consistent attentiveness to statutory and regulatory filing deadlines, ensuring fiduciary and related tax returns are completed accurately and submitted within required timeframes.

• Exhibits increasing ownership and accountability for assigned tax processes by proactively managing tasks, anticipating deadlines, identifying issues, and following through to resolution throughout the year.

• Maintains strong professional focus and work discipline during business hours by prioritizing job responsibilities, minimizing nonwork distractions, and dedicating appropriate attention to critical tax and compliance activities.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!