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Open nowPosted yesterday

Vice President / Director of Advisory Compensation Operations

abglobal41 open roles

Where
Nashville Tennessee
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Your applicationOpen nowVice President / Director of Advisory Compensation Operationsabglobal · Nashville Tennessee

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. abglobal postings stay open a median of 5 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted yesterday

abglobal median: 5 days open

The posting

Who You’ll Work With:

AB’s Financial Planning & Analysis (FP&A) group is looking for a Vice President / Director of Advisory Compensation Operations. The position is part of Bernstein Private Wealth Management (PWM) reporting to PWM’s Senior National Director of Business Strategy. Bernstein’s Business Strategy team sits within PWM’s Chief Operating Officer’s organization. This individual will have responsibility for supporting the commissions and compensation cycle for a widely distributed sales force of Wealth Advisors and Managing Directors.

What You’ll Do:

This role is ideal for a senior financial professional with an interest in analyzing data and making sound decisions, with a strong desire to manage details and deliver results. The successful candidate will be flexible with the ability to manage multiple projects in a demanding fast-paced environment. The individual will work closely with colleagues across Finance and Private Wealth Management. Responsibilities for this position include:

  • Perform and review quarterly commission calculations in accordance with Wealth Advisor contractual terms.
  • Calculate annual Incentive Award for Wealth Advisors along with communication to these employees.
  • Prepare annual and quarterly calculations of severance defined payments due to terminated Wealth Advisors.
  • Expense and balance sheet account recording and analysis including the calculation of monthly commission accruals.
  • Provide supporting documentation as requested by both internal and external auditors.
  • Provide ad-hoc quantitative support to the Private Wealth business unit.
  • Research and resolve problems utilizing relevant software tools, experience with these tools is critical as described below.
  • Manage two FP&A direct reports who also support advisory compensation reporting and processing.
  • Work with the SVP/National Director, Business Strategy and internal MIS professionals to support the existing commission plan and implement enhancements to the plan based on requirements set by the Private Wealth business leaders.

What We’re Looking For:

  • 7-10+ years of experience in Financial Planning & Analysis, Finance or Accounting with commission calculation experience preferred
  • Bachelor’s degree or higher in Accounting, Finance, Economics, or related field
  • Analytical and detail-oriented; comfortable with organizing large volumes of data
  • Strong Microsoft Excel and Microsoft Access skills are required
  • Experience with building and maintaining models to analyze data
  • Excellent verbal and written communication skills are required
  • Committed to providing a superior level of service to a highly entrepreneurial and demanding sales force
  • Strong candidates will have exposure to some or all of the following: Workday (ERP and Adaptive Planning EPM), CompXL, IBM Cognos Analytics, IBM Planning Analytics (formerly IBM TM1), Varicent

About AB & Bernstein Private Wealth Management

We are a leading global investment management firm offering diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it is our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards challenging work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you are producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business, or providing thoughtful advice to our clients, we are fully invested in you. If you are ready to challenge your limits and empower your career, join us!

Bernstein Private Wealth Management serves as confidants to some of the world’s most astute investors, helping them solve complex challenges—ones that extend well beyond wealth management. With innovative research, sophisticated modeling, and cutting-edge investment solutions, we guide clients and communities to achieve a more meaningful future. Our advisors serve as dedicated fiduciary partners offering transparency, empathy, impactful insights, real-world experience, and a shared sense of purpose. Each client is supported by a team of specialists aligned with his or her values and needs. Together, we make clients’ dreams, destination, and vision a reality, charting a course that reveals opportunities, forges deep alliances, and indelibly impacts the world they’ve made.

All are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.

Tampa, FloridaNashville, Tennessee

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