Brokerage Commission Administrator

Company: Disability Solutions
Location: Lancaster
Posted on: November 1, 2024

Job Description:

Value PropositionOur values define us and our inspires us to Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our We champion a culture of and . We promote a digitally enabled work environment to continuously enhance the experience of our OverviewThis is a full-time position based out of our Lancaster, PA office. This role may be a hybrid role (4 days in the office, 1 day work from home) post training period.The primary responsibility of this position is to administer the calculation and payment of FFA Brokerage Financial Advisor compensation. Compensation is individually calculated by reviewing income, allocated expenses, and allowable reimbursements and or compensation agreements to calculate compensation due. This role also manages payment of CSA bonuses as applicable and monthly Financial Center Referral payments. Administers the Long Term Performance Award program. This position will work independently under general direction and may require travel.Responsibilities

• Plan, prioritize, and execute specified projects and initiatives, establish timelines, milestones, communication and reporting touchpoints for management and relevant parties, consult with managers and vendors as necessary
• Coordinate and plan internal and external events and department meetings to include logistics, vendor sourcing and selection, facilities and onsite elements in consultation with senior level managers and partnership with appropriate internal or external parties as needed
• Maintain and apply knowledge of department systems and databases, serving as primary point of contact for staff to provide support and guidance in system usage
• Develop, prepare, review and distribute standard reporting or other documentation to appropriate parties as required
• Provide administrative support that may include ensuring documents are in compliance with internal or regulatory standards, organizing expense report documentation for submission, approving timesheets and assisting with audits
• Responsible for the monthly reconciliation of FA income and expenses from Broker Dealer and other parties to determine compensation due to Financial Advisors.
• Assist Brokerage Leadership with new hire recruitment and onboarding administration
• Provide administrative compliance supportAdditional Responsibilities
  • Must be able to be affiliated with our Broker Dealer QualificationsEducationAssociate Degree or the equivalent experience. Specialty: Business or other applicable. (Required)Experience1 or more years Banking, project management or other applicable. (Required)1 or more years Accounting, or Financial Analysis, or Financial services experience (Required)Intermediate to Advanced Excel skills (Required)Other Duties as Assigned by ManagerThis role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.Pay TransparencyTo provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.The hourly rate for this position is $20.48 - $34.13.BenefitsAdditionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit .EEO StatementFulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status. Sponsorship StatementAs a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

Keywords: Disability Solutions, Baltimore , Brokerage Commission Administrator, Other , Lancaster, Maryland