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IM PAS - IM PAS Commissions Analyst

Remote:

Full Remote

Contract:

Fixed term

Experience:

Senior (5-10 years)

Work from:

New York (USA), United States

Offer summary

Qualifications:

Experience in broker-dealer firms, 5-10 years in financial services, Proficient in Excel for data analysis, Strong communication skills.

Key responsabilities:

Manage compensation for various roles
Interpret contracts and compensation schedules
Ensure regulatory compliance
Process commission assignments legally
Address customer service inquiries

Yoh, A Day & Zimmermann Company Human Resources, Staffing & Recruiting Large https://www.yoh.com/

1001 - 5000 Employees

See more Yoh, A Day & Zimmermann Company offers

Job description

Commissions Analyst needed for a Contract opportunity with Yoh’s client located in (Remote with proximity to offices in NYC, Holmdel, NJ, Bethlehem, PA, or Pittsfield, MA).

The Big Picture – Top Skills Should You Possess:
Skills and Qualifications:

Experience in Broker-Dealer Firms:
Candidates should have extensive experience working with broker-dealer firms, understanding the complexities of commissions and compensation structures.
Financial Services Experience:
5-10 years of experience in financial services, with a focus on compensation management and commission processing.
Technical Skills:
Proficient in Excel for data analysis and processing commission-related transactions.
End Client Communication Experience:
Strong communication skills with experience handling inquiries and resolving issues related to commissions.

What You’ll Be Doing:
Responsibilities:

Compensation Management:
Manage compensation for various roles such as Financial Representatives (FRs), Registered Representatives (RRs), Financial Professionals (FPs), Brokers, Wholesalers, and other agents. This includes processing their contracts and ensuring accurate compensation.
Field Compensation:
Interpret producer contracts and compensation schedules for the client company, Park Avenue Securities, and Berkshire, ensuring accuracy in field compensation.
Regulatory Compliance:
Work closely with the Agent Contracting and Licensing (ACL) team to ensure compensation aligns with state license regulations, which change frequently.
Commission Processing:
Process assignment of commissions while adhering to legal requirements, and ensure the accurate dissemination of information regarding commissions.
Confidentiality:
Provide confidential compensation details to various internal departments such as Legal, Audit, Agency Accounting Services, and Distribution Alliance.
Transaction Processing:
Handle paper, NSCC, and IPS commission statements and adjustments. Identify various types of commissions (regular, 12b-1’s, mixed transactions) and product types (mutual fund, variable annuity, variable life, brokerage, RIA business).
Customer Service:
Address commission-related inquiries, provide problem research, resolution, and ensure accurate dissemination of information to internal and external stakeholders.

Opportunity is Calling, Apply Now!
Robert Adler: Yoh makes finding and applying for jobs simple. Partner with Yoh to find the right opportunities across multiple industries in the US and UK. Find out more here!

Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Visit https://www.yoh.com/applicants-with-disabilities to contact us if you are an individual with a disability and require accommodation in the application process.