Strategy Analyst II
1 week ago
Collaboration. Autonomy. Opportunity. Words our headquarters associates use when talking about working at Edward Jones. Words that describe what it's like being part of a firm where everyone is aligned toward a singular focus: serving the client. And everyone is working to make the firm better together - as they grow as individuals. If these words resonate with you, we should talk.
Job Overview
Position Schedule: Full-Time
The Compensation Strategic Enablement team within the Compensation Operations department
collaborates with Branch Development, Human Capital, Finance and other departments across the firm to design branch compensation and expense policies that incentivize our financial advisors and branch teams to act in the best interest of our clients and the Firm. The team closely partners with product teams and Compensation Operations teams to move from strategy to execution, designing and enhancing business processes with simplicity and transparency, while creating capacity for our business areas.
The Strategy Analyst II is responsible for recommending branch compensation policies and solutions in support of firm strategies and ensuring successful implementation of those in partnership with product teams.
What You'll Do:
- Partner with firm leaders (business segment leaders and functional leaders) as the branch compensation subject matter expert (SME) to conceptualize and recommend branch compensation solutions for enabling firm policies and strategies
- Partner with product teams and Compensation Operations teams in the design, development, and implementation of branch compensation solutions
- Conduct analysis that facilitates the transformation of complex data/information into actionable insights. Includes advanced financial analysis, forecasting, and financial modeling responsibility
- Frequent verbal & written presentation of analysis, as well as presentation of firm strategic information and analytical insights to senior & executive firm leaders
- Build strong firm-wide awareness and acumen of the impact of firm strategies and business activities on branch compensation programs through education and ongoing projects
- Participate in and frequently lead cross-functional teams responsible for implementing projects in support of divisional or firm-wide business objectives
- Champion the innovation and evolution of existing processes, controls, and technology in order to meet the changing needs and increasing complexity of the organization
- Proactively identify opportunities with moderate to broad impact and visibility, propose solutions to relevant parties and drive implementation of solutions
- Develop and manage business relationships with senior leaders and executive-level management across the organization
At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. Visit our career site to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
Hiring Minimum: $81750
Hiring Maximum: $139194
Skills/Requirements
What You'll Need:
- Bachelor's degree with an emphasis in a business discipline such as accounting, finance, economics, data science or analytics (or relevant work experience).
- 4+ years of relevant work experience
What Could Set You Apart:
- Working understanding of agile product management
- A proficiency in using Business Intelligence and data extractions tools such as SQL or Power Query
- Experience with or knowledge of financial business processes with incentive compensation experience
- 6+ years of relevant work experience
- MBA or Master's degree in relevant field preferred
Functional/Technical Qualifications:
- Ability to prioritize and execute on multiple tasks/projects and independently adjust to changing priorities
- Ability to translate business strategy into business requirements and acceptance criteria for product/technology team to implement changes to financial services processes/ incentive compensation processes
- Financial analysis, forecasting, and financial modeling skills
- Advanced Microsoft Excel, Word and PowerPoint required including working ability to utilize pivot tables and advanced formulas
- Basic understanding of accounting processes and financial statements
- Ability to summarize complex financial information and concepts and clearly communicate to senior leadership
- Ability to work effectively both independently and in a team environment
- Ability to influence associates and leadership up to the Executive Management level using verbal, written, and presentation skills
Problem Solving:
Issues can arise daily with varying degrees of complexity. The Strategy Analyst II must have the ability to analyze and recommend solutions to divisional and firm-wide leadership for a broad spectrum of business improvement opportunities in a clear and concise manner. The Strategy Analyst II must have the ability to implement projects of a moderate to high complexity which involve cross-functional teams, and therefore must be able to collaborate well with associates and leadership throughout the firm, including external vendors.
Decision Making:
Decisions made based on analysis and recommendations provided through this role generally have moderate to high impact on Firm performance. Decisions are of moderate to high complexity and typically pertain to ad hoc analysis and the generation of strategies and recommendations. Decisions of moderate complexity and moderate impact are made independently by the Strategy Analyst II. More complex and high impact decisions are generally made after consultation with the leader.
Span of Influence:
The Strategy Analyst II works with leaders and executive-level management throughout the Firm, providing analysis and recommendations to directly influence strategic business decisions. While there are no direct supervisory responsibilities, training and/or informally leading other associates on the team as well as associates on project teams from other divisions is expected. To successfully influence decision making, this position requires a deep understanding of how departments/divisions interact with one another and impact firm operations and initiatives.
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*Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday
Awards & Accolades
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
About Us
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
1Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
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