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Inter-Dealer Broker Firm

11 months ago

Compensation Manager

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Company information

Company
Inter-Dealer Broker Firm
Location
UK, London United Kingdom
Posted
11 months ago
View all jobs at Inter-Dealer Broker Firm

Job description

  • Are you a Fully Qualified Accountant (ACA, ACCA, CIMA or equivalent)?
  • Do you have compensation post-qualification experience with a proven track record within the financial services sector, ideally in broker-dealer, trading, or capital markets environments?
  • In-depth knowledge of control frameworks and balance sheet substantiation?

Compensation Manager

Global Inter-Dealer Broker Firm is going through a period of expansion due to an increase in trading activity. Our client, based in their London office, is after a person who ideally has Broker Compensation experience.

Compensation Manager

  • Manage and supervise the Broker Compensation team.
  • Oversee the end-to-end Broker Compensation process across all brands and asset classes.
  • Calculate and account for variable broker bonuses in line with contractual agreements.
  • Manage distribution of compensation statements to Front Office and Payroll in accordance with payment cycles.
  • Calculate and record Broker equity deferrals.
  • Lead the Broker Compensation automation project.
  • Coordinate preparation and review of balance sheet reconciliations, ensuring full substantiation of the general ledger.
  • Reconcile balances to underlying calculations and supporting documentation.

All applications are welcome and will be reviewed for this excellent Compensation Manager role.

Required skills

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