Sr Incentive Consultant
Apply NowCompany: Capital Markets Placement
Location: Westwood, MA 02090
Description:
Job Description
As the Senior Incentive Consultant, you will be responsible for the administration of Private Wealth variable compensation plans, including the maintenance of a sound governance structure to ensure well-founded decision-making & administration.
Primary responsibilities include
Required Skills/Experience
Preferred Skills/Experience:
*Role is FINRA associated
Hours & Work Schedule
About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.
As the Senior Incentive Consultant, you will be responsible for the administration of Private Wealth variable compensation plans, including the maintenance of a sound governance structure to ensure well-founded decision-making & administration.
Primary responsibilities include
- Senior role in the administration of the plans including the day to day processes required to administer all plans, looking for ways to improve the quality and productivity of the administration process to gain efficiencies, the disposition of all credit requests/disputes within plan guidelines, monitoring all control and governance of the plans and assisting in the development of incentive modeling to assist with forecasting/budgeting.
- Senior role in the maintenance of a sound governance structure to ensure well-founded decision-making & administration.
- Governance and control points in the incentive administration process are critical and acting as 1st level decision authority for credit requests provides transparency into how the governance structure is performing.
- Additionally, evaluating credit request data and trends while recommending remedial action can help to mitigate risks.
- Senior role in the delivery of the Incentive Performance Management Framework (targets, measurements, assessments) for the applicable LOB organization.
- Assist in the development of sales and incentive related analysis for the applicable LOB organization, including ongoing performance analysis for the applicable LOB Contribution to LOB Sales/Revenue and a Total Compensation view for all positions.
- Act as a senior team member on immediate team and the larger Sales Performance Management team. Help to foster a strong team and improve skills of colleagues.
Required Skills/Experience
- 5+ years of relevant work experience in incentive compensation
- Experience in Wealth Management and Private Bank
- Experience with Promissory Note Administration
- Attention to detail and data reconciliation skills in the process of translating data into information
- Strong problem-solving and time-management skills, a superior customer service orientation and analytical capability
- Ability to multi-task, prioritize and function efficiently in a high-volume, fast-paced environment
- Solid written, verbal, and interpersonal skills, as well as the ability to support others through training and coaching
- Advanced MS Excel
- Ability to build repeatable processes that are streamlined & automated
- Bachelor's Degree preferred with a focus in Management Information Sciences or Finance
- 5 years of relevant experience in lieu of degree may be considered
Preferred Skills/Experience:
- Solid working knowledge of database principles and concepts
- Tell a story through data visualization
- Strong MS PPT skills
- Access database, SQL development, Tableau development or other BI tools a plus
*Role is FINRA associated
Hours & Work Schedule
- Hours per Week: 40
- Work Schedule: 8:30am- 5:00pm, Monday - Friday
About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.