INTRUST Bank Tax & System Support Associate - IRA Coordinator in Wichita, Kansas
At INTRUST Bank, relationships are at the core of all we do. Which is why we focus on fostering positive relationships not just with our customers, but also with each other. INTRUST Bank recognizes and celebrates employees for their individual character, value and potential, with a focus on developing the unique talents each team member brings to the table. It’s something we’ve learned firsthand over the decades; focus on people, and the rest will fall into place to create an environment built on respect, understanding and most of all – trust.
Job Summary: Serves as the Quality Assurance Group IRA coordinator preparing new IRA documents, posting all IRA receipts, coordinating/reviewing all IRA reporting activities and generating downloads for periodic payment mailings to IRA holders of the Wealth Management division. Prepares various risk management reports for WOC and Compliance. Acts as the administrator for TransUnion and the Will\Successor Trustee Database. Promotes and fosters teamwork across all areas of INTRUST and is focused on delivering a high level of customer service to all. Must maintain strict standards of confidentiality, and perform duties in a manner supporting INTRUST’s Character Qualities.
Prepare IRA documentation; IRA withdrawal forms, beneficiary designation form, RMD form, etc.
Processes all IRA receipts and distribution and ensure the correct reporting class code is selected.
Reviews all IRA receipts and withdrawals for accuracy on a monthly basis.
Handles annual IRA reporting; Form 1099-R, Form 5498, RDMS purges, and RMD forms.
Prepare various risk management reports for Wealth Operating Committee and Financial Resources.
Handles all activity for savings bonds and certificates of deposit.
Handles all payments and new setups for Promissory Notes.
Handles all activity for Class Actions, working with Chicago Clearing Company.
Processes miscellaneous receipts and debits
Monitor and Reconcile Pledged Cash Balances
Serves as backup for multiple tasks throughout QAG
Education and Experience: Bachelor’s degree preferred and/or five plus years trust operations experience required.
Required Skills and Knowledge: Requires senior level of trust operation system expertise. Must have excellent analytical, written and oral communication skills . Must be detail-oriented, organized, self-motivated, and able to work in a fast-paced environment. Requires good judgment and excellent problem solving skills. Must be able to make independent decisions and exercise good judgment to research and solve operational problems. Requires strong knowledge of Microsoft applications i.e. Excel, Word Outlook, etc.
Required Licenses and/or Certifications: None.
Physical Demands: Requires long periods of sitting, some standing, walking, lifting, carrying, pushing, and pulling.
Working Conditions: Normal office environment.
This job description summary is not intended to be an employment contract, nor is it intended to state or imply these are the only activities to be performed by the employee occupying this position. Employees will be required to follow any other duties as assigned or requested by their supervisor.
INTRUST Financial Corporation and its subsidiaries, including INTRUST Bank, are Equal Opportunity Employers whose policy is not to discriminate unlawfully against any qualified employee or applicant for employment on the basis of protected military or veteran status, disability, race, color, religion, sex, age, national origin, pregnancy, genetic information, sexual orientation, gender identity, or any other classification protected by applicable local, state or federal law; except where an individual’s protected category constitutes a bona fide occupational qualification.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)