Compensation Specialist

Hunt; Greater London; Hybrid; USD 53,000 - 60,000; Full time

Job summary

An established industry player is seeking a Compensation Specialist to join their dynamic team. This role offers a unique opportunity to thrive in a high-energy environment that values work/life balance and employee growth. You will be responsible for ensuring accurate compensation processing, collaborating with various departments, and providing exceptional customer service. With a hybrid work schedule and a commitment to diversity, equity, and inclusion, this position is perfect for someone who is detail-oriented and passionate about making a difference. Join a company that invests in its employees and fosters a culture of excellence and collaboration.

Benefits

Generous bonus programs

401(k) programs

Tuition reimbursement

Flexible work schedules

Health care benefits

Qualifications

• Must have strong attention to detail and organizational skills.
• Experience in customer service and financial operations preferred.

Responsibilities

• Enter daily revenue totals with high accuracy.
• Process bimonthly revenue payments and generate statements.
• Collaborate with departments to resolve compensation inquiries.

Skills

Attention to detail

Organizational skills

Customer service

Problem-solving

Multitasking

Effective communication

Education

College degree or equivalent professional experience

Tools

Microsoft Office

Windows-based software

Job description

Overview

If you’re looking for a high-energy, inclusive atmosphere and a company that understands the importance of work/life balance, Commonwealth is your match! From generous bonus and 401(k) programs to tuition reimbursement and flexible work schedules, Commonwealth is focused on helping its employees thrive in an environment suited to their needs. On top of all that, the Compensation department offers a hybrid work schedule, so you’ll be able to work from home for part of the week!

We’re looking for a compensation specialist to join our ranks. Do you pride yourself on your attention to detail and organizational skills? Are you a team player with a can-do attitude and a relentless spirit of self-motivation? Our Compensation team is looking for someone who possesses these traits, in addition to being a customer service expert with top-notch problem-solving and multitasking skills. As a compensation specialist, you will collaborate with departments to resolve issues and maintain advisor compensation information, as well as keep track of revenue and processing payments.

Key Responsibilities

1. Entering daily totals for all revenue received with near-perfect accuracy
2. Research and respond to advisor phone calls and email inquiries
3. Processing bimonthly revenue payments to advisors for equity, insurance, and advisory compensation
4. Generating revenue statements and checks
5. Facilitating direct deposits
6. Coordinating mailing and overnight delivery of statements
7. Managing and maintaining additional compensation information
8. Collaborating with departments throughout the firm, as well as with fund companies, to research and resolve inquiries submitted via web, phone, fax, or email
9. Performing special projects and tasks as needed

Core Strengths and Skills

1. Working knowledge of Microsoft Office (e.g., Word, Excel)
2. Ability to quickly learn other Windows-based software
3. Effective communication skills, both written and oral
4. Attention to detail that stands out as a top skill
5. Patience for repetitive duties and data entry
6. An eye for process improvements and a passion for quality assurance
7. Able to solve problems in an efficient and professional manner
8. Exemplary phone skills
9. Works well both on a team and independently

Additional Skills and Knowledge

1. College degree or equivalent professional experience is a must
2. Accounting or financial services operations experience is preferred
3. At least 6 months of customer service experience is preferred

Have we piqued your curiosity? Can you see yourself thriving in this opportunity?

Picture Yourself Here

At Commonwealth, we believe in a better world. We hold ourselves and each other to higher standards. We take care of one another. That’s why we invest in you—we encourage employee growth both in your career and education; we are building out a robust diversity, equity, and inclusion program; we offer incredible health care benefits; and we find plenty of occasions to celebrate. What’s not to love?

We are always striving to be better, and we are looking for employees who share that same mindset. Better people, better coworkers, better leaders, better creators. Bring your best work and your full self to the table, and we will do the same. Together, we can build a better future for our advisors, their clients, our company, and you.

About Commonwealth

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide. Privately held since 1979, the firm has headquarters in Waltham, Massachusetts; San Diego, California; and Blue Ash, Ohio.

Turning our advisors into raving fans starts by doing the same for our employees. We foster an environment of excellence, growth, rewards, and fun in equal measure, which has earned us 44 Best Place to Work awards.

The Fine Print

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.

Commonwealth is an equal opportunity employer, making intentional efforts to source talent from all backgrounds.

Min

USD $53,000.00/Yr.

Max

USD $60,000.00/Yr.