Commission Reporting Manager

2 months ago

Boston, Massachusetts, United States Leader Bank Full time

Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4.5 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Commission Reporting Manager will be responsible for the commission compensation calculators for sales representatives and managers, encompassing different plans.

Responsibilities

  • Support sales team members by responding to inquiries, providing report training, and investigating data and other potential compensation errors.
  • Collaborate cross functionally to ensure accurate and timely commission calculations and payouts.
  • Provide support with internal audits and reviews of compensation data to maintain data integrity.
  • Research and facilitate the resolution of sales commission related issues. Identify and report systemic or recurring problems.
  • Work with large datasets and conduct complex data analysis.
  • Handle the monthly commission close process and ensure accurate commission payments.
  • Oversee and assist with the development of business intelligence reporting and database models to improve efficiencies and aid commission-related decisions.
  • Generates monthly and quarterly commissions reports. Utilizes data mining and business intelligence tools to extract, transform, and visualize data for reporting purposes.

Qualifications

  • Bachelor's Degree required (Accounting, Economics or Finance preferred)
  • Must be able to work independently and perform to high standards of productivity and accuracy.
  • A working knowledge of Banking related commission concepts strongly preferred.
  • Comfortable working in a fast-paced, ever-changing environment with the ability to meet business critical deadlines.
  • Strong Knowledge of SQL, and other database languages required
  • Knowledge of Business Analytics and FISERV, preferred
  • Strong analytical skills.
  • Excellent organizational and communication skills; detail oriented and able to keep up with high volume.
  • Strong knowledge of Microsoft Excel; create complex spreadsheets, including formulas, pivot tables.
  • Strong knowledge of power BI or other data visualization systems

Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing, local organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.

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