Private Wealth Operations Associate

Job Description

Job Description

First Merchants Bank is seeking a Private Wealth Operations Associate to join our team! This position will process all back-office tasks and requests needed to serve our Private Wealth Advisor (PWA) clients. Research, gather required information and work with Managed Services to ensure their tasks are completed accurately and in a timely manner.

As part of this role you will :

• Manage, process, and validate workflow requests from front and middle office teams.
• Research and gather information needed and / or required by Managed Services or internal employees.
• Reconcile internal checking accounts, conduct daily balancing of Private Wealth work and settlement processing with vendor.
• Complete, review, manage, and validate transfer paperwork. Reach out to transfer vendor to obtain additional information as necessary.
• Oversee and process the recurring and one-time bill payments for clients.
• Validate and process wires, local checks, and internal transfers.
• Manage required and requested compliance reporting..
• Manage non-marketable securities (dividends, maintenance, etc.).
• Complete shadow posting for non-custody assets & real property.
• Assist clients with online access and utilization.
• Provide vault management both locally and for Private Wealth’s other locations.
• Mail fee invoices and calculate any manual fees.

In order to be successful in this position, we require the following :

The following would be a plus :

First Merchants offers the following :

A little about us :

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is :

To enhance the financial wellness of the diverse communities we serve.

Our Mission is :

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team :

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!