Confidential
Vice President, Private Wealth Revenue & Advisor Compensation Lead
Confidential, New York, New York, United States, 10001
Vice President, Private Wealth Revenue & Advisor Compensation Lead
About the Company
Globally-recognized investment management firm
Industry Financial Services
Type Public Company
Founded 1939
Employees 1001-5000
Categories
Financial Services Investment Management Asset Management Consulting & Professional Services Brokerage Economics Finance Investing Investment Banking Banking
Specialties
investment management and asset management
Business Classifications
B2B
About the Role
The Company is in search of a Vice President for Private Wealth Revenue and Advisor Compensation. The successful candidate will be responsible for leading client billing and production compensation operations within the private wealth business. This pivotal role demands a professional with a strong background in private wealth, particularly in the areas of client billing and production-based compensation. The VP will oversee the entire client billing lifecycle, ensuring accuracy and timeliness in calculations, collections, and invoicing. They will also be tasked with direct investment advisory fee billing, optimizing receivables management, and collaborating with various teams to design and implement new pricing structures. In addition, the role involves leading the monthly compensation process for production-based teams, supervising expense close, and partnering with the leadership team to design new compensation frameworks.
Applicants for this role at the company should have a Bachelor's degree in a relevant field and 8-12 years' of experience in accounting, financial reporting, client billing, sales compensation, or financial analysis, preferably within the private wealth or asset management sector. The ideal candidate will have a proven track record in leading change management and process innovation, as well as the ability to inspire and lead cross-functional teams. Advanced proficiency in Microsoft Excel and PowerPoint is required, and experience with AI, machine learning, or advanced analytics tools for automation and process improvement is a plus. The role also demands exceptional communication, organizational, and problem-solving skills, with the ability to thrive in a fast-paced, deadline-driven environment.
Travel Percent Less than 10%
Functions
Sales/Revenue Finance
About the Company
Globally-recognized investment management firm
Industry Financial Services
Type Public Company
Founded 1939
Employees 1001-5000
Categories
Financial Services Investment Management Asset Management Consulting & Professional Services Brokerage Economics Finance Investing Investment Banking Banking
Specialties
investment management and asset management
Business Classifications
B2B
About the Role
The Company is in search of a Vice President for Private Wealth Revenue and Advisor Compensation. The successful candidate will be responsible for leading client billing and production compensation operations within the private wealth business. This pivotal role demands a professional with a strong background in private wealth, particularly in the areas of client billing and production-based compensation. The VP will oversee the entire client billing lifecycle, ensuring accuracy and timeliness in calculations, collections, and invoicing. They will also be tasked with direct investment advisory fee billing, optimizing receivables management, and collaborating with various teams to design and implement new pricing structures. In addition, the role involves leading the monthly compensation process for production-based teams, supervising expense close, and partnering with the leadership team to design new compensation frameworks.
Applicants for this role at the company should have a Bachelor's degree in a relevant field and 8-12 years' of experience in accounting, financial reporting, client billing, sales compensation, or financial analysis, preferably within the private wealth or asset management sector. The ideal candidate will have a proven track record in leading change management and process innovation, as well as the ability to inspire and lead cross-functional teams. Advanced proficiency in Microsoft Excel and PowerPoint is required, and experience with AI, machine learning, or advanced analytics tools for automation and process improvement is a plus. The role also demands exceptional communication, organizational, and problem-solving skills, with the ability to thrive in a fast-paced, deadline-driven environment.
Travel Percent Less than 10%
Functions
Sales/Revenue Finance