Tax & IRA Coordinator

Tax & IRA Coordinator Overview

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.

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 IRA-related inquiries and by supporting internal partners with subject matter expertise.

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.

• 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 partnership‑related data required for accurate fiduciary tax reporting.

• 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.

• 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…