Job Description

Role Type: Contract

Duration: 3 Month Contract

The role offers a hybrid work model, with a requirement of four days per week in the office.

Summary:

The Commission Specialist compiles, processes, and maintains records of business transactions and office activities within the commission’s department at a superior level. Our ideal candidate will become part of a team responsible for the accurate, timely, and efficient processing of routine and complex transactions, supporting the activities associated with Brokerage Operations.

Responsibilities:

• Prepare, input, maintain and track commission batches from sponsor companies, and representatives alike, by coding with rep information, and product information on the commission statement
• Receive and process checks from representatives related to Debit Balances.
• Prepares and reviews check deposits.
• Communicate and resolve with sponsors discrepancies in statements and payments received
• Formats excel spreadsheets for upload into commission system for processing to reps.
• Opens and routes incoming mail, answers correspondence, and prepares outgoing mail.
• Perform Quality Assurance on colleagues’ work to ensure accuracy of the information entered into the commission’s systems as batches are processed.
• Prepare processed batches each week for imaging into the Docupace System.
• All other duties as assigned

Education Requirements:

H.S. Diploma or equivalent (GED) required

Basic Requirements:

• At least two years of experience processing Broker-Dealer back-office commissions
• 1 – 2 years of industry experience
• Must be proficient in the following: Microsoft Excel, Word, Outlook, and Teams.
• Must acquire and retain the knowledge of securities industry rules and best practices regarding Commission Processing and have strong organizational and time management skills.
• Must be team-oriented and client-focused.

Preferred Requirements:

• Advanced skills in Microsoft Excel.
• 2 – 3 years of industry experience

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