Commission Analyst

The work schedule will be remote however the ideal candidate must live within offices in Lower Manhattan, Holmdel, New Jersey, Bethlehem, Pennsylvania and Pittsfield, Massachusetts.

The ideal candidate should also possess a green card or be of citizenship.

Responsibilities:

Manage Financial Representatives (FRs), Prote ´Client ´'s, Registered Representatives (RRs), Professional Associates (Client), Financial Professionals (FPs), Full Time Agents (FTAs), Broker and Wholesaler compensation and contract terms.

Ensure accurate field compensation by interpreting producer contracts and compensation schedules and contract terms

Works closely with the firms Agent Contracting and Licensing (ACL) to ensure that compensation is paid according to the ever changing and varying state license regulations

Process assignment of commissions adhering to legal requirements

Provides confidential compensation information to various internal departments such as Legal, Audit and Agency Accounting Services and Manager, Distribution Alliance

Must process paper, NSCC and IPS commission statements and adjustments

Must be able to identify the various types of commissions being reported (regular, 12b-1's and mixed transactions) and product types (mutual fund, variable annuity, variable life, brokerage and RIA business)

This position requires customer service by responding to commission-related issues and questions, problem research and resolution and accurate dissemination of information

Skills and experience:

• Work experience in Broker Dealer firms
• 5 years Financial Services experience
• MS Excel Experience
• End Client communication experience