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Trust Operations Sys Spec II

Trust Operations Sys Spec II

Old National BancorpJoliet, IL, US
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Trust Operations Sys Spec II

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.

Responsibilities

We are currently seeking a Trust Operations Sys Spec II. This position will be responsible for the oversight and recon of Federal Reserve, Depository, and Mutual Fund trades, including oversight of securities and maintenance on trust system.

Salary Range : $17.00 / hr. - $27.50 / hr. 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

  • Oversight and Reconciliation of Mutual Fund Positions, trades, and income.
  • Post incoming wires and ACH's into client accounts per front office direction.
  • Prepare, enter and review client transactions posting to Trust system
  • Communicate with respective areas to resolve outstanding operational issues.
  • Trust fee invoicing and related collections
  • Participate in all required training sessions for compliance. Maintain adequate controls to ensure compliance with consumer protection statues / regulations in a defined area of responsibility. Implement bank-directed policy and changes relating to regulatory amendments.
  • Basic TrustDesk download usage
  • Oversight and recon of the Cash Management Sweep system, ensure positions are in balance, and income received and posted timely.

Primary Contacts :

  • Wealth Support Manager and staff
  • Wealth Administrative Officers and staff
  • Wire Room, Fraud Department, Middle Office, Tax Department, Investment Department, FIS Outsourcing Team, and outside vendor contacts
  • Qualifications and Education Requirements

  • High school degree or GED equivalent
  • Introductory accounting and / or prior reconciliation experience
  • Working knowledge of Microsoft Office (Word and Excel)
  • Figure aptitude, strong communication and organizational skills, ability to work in a fast-paced environment, ability to work in a team environment, and experience illustrates proactive action to achieve goals
  • 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!

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    Ii • Joliet, IL, US

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