Advisor Commission Operations Leader

U.S. Bank; St. Louis (MO); In loco; USD 112.000 - 131.000; Tempo pieno

Vantaggi offerti da questo lavoro

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) retirement plan

Paid vacation

Paid holidays

Adoption assistance

Descrizione del lavoro

U.S. Bank is seeking a Commission Manager to lead commission operations for retail introducing broker-dealer activities.

The role oversees administration, reconciliation, accounting, reporting, and payment of commissions across annuities, life insurance, packaged products, and advisory fees. You will lead a team and partner with Advisors, Sales Leadership, Product, Finance, and sponsors to ensure accuracy and timeliness.

Competenze

• Bachelor's degree in accounting or finance or related field, or equivalent work experience.
• Six or more years of accounting experience.
• Experience in broker-dealer operations, advisor compensation, commission administration, wealth management operations, or related financial services roles.

Mansioni

• Oversee end-to-end commission process for multiple product lines.
• Ensure commission data is received, validated, reconciled, and loaded into the system.
• Manage commission payment cycles and review exception reporting for timely compensation.
• Coordinate with carriers, sponsors, and platforms to resolve missing payments and discrepancies.
• Prepare and review commission-related GAAP entries and reconciliations.

Conoscenze

Leadership

Analytical thinking

Problem solving

Communication

Regulatory awareness

Formazione

Bachelor's degree in accounting or finance

Strumenti

Commission administration systems

Financial reporting tools

Account reconciliations

Excel (advanced)

Descrizione del lavoro

U.S. Bank is seeking a Commission Manager to lead commission operations for retail introducing broker-dealer activities.

The role oversees administration, reconciliation, accounting, reporting, and payment of commissions across annuities, life insurance, packaged products, and advisory fees. You will lead a team and partner with Advisors, Sales Leadership, Product, Finance, and sponsors to ensure accuracy and timeliness.