Commissions Manager

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join the Close Brothers Central Operations Team where you will oversee the internal commissions function for Close Brothers Asset Finance & Leasing, with principal responsibility for ensuring the accurate and timely processing of monthly commission payments and annual bonuses for a sales team of 150 members.

Working as part of the Operational Governance team our ideal team member will have previous experience in sales compensation, ideally within a regulatory environment with excellent numeracy skills.

RESPONSIBILITIES

Develop and implement commission plans and structures to align with company goals and objectives

Perform accurate commission calculations, and process payments promptly

Support the management of the commissions system and prioritise future development with Technology and Business stakeholders

Work with the finance and sales teams to resolve any commission-related discrepancies or issues

Prepare and present regular reports on commission payouts and performance metrics to senior management

Empower, nurture and engage team members in an inclusive culture through coaching, mentoring and team-development to increase the performance of the individual and the team

Work with the HR Business Partner to ensure that an effective performance review is put in place, including setting objectives, personal development planning and performance standards with all direct reports

Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required

WE WOULD LOVE TO HEAR FROM YOU IF HAVE/ARE:

An understanding of compensation plans, commissions structures and financial modelling

Hands on experience of working with an enterprise level commission system e.g. Varicent, Exactly

Advanced excel, and ideally Alteryx and Tableau knowledge

Knowledge of FCA regulations regarding commission payments

Adept at building relationships with colleagues at all levels, including c-suite

Able to juggle competing tasks from a matrix style leadership structure

Excellent problem solving & analytical skills

We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format, or any other adjustments, are encouraged to email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.

To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

To find out more about life at Close Brothers:

To find out more about our benefits:

To find out more about our commitment to creating an inclusive environment:

Our Responsibility - Diversity and inclusion ¦ Close Brothers Group

#LI-JN1 #LI-Hybrid

At Close Brothers Group, we are all connected by our mission to be the best place in the UK for wealth professionals and their clients.

We believe that everyone should think ahead, have a financial plan and invest wisely. Our clients are professionals, business owners, individuals, charities, families, and employers, who rely on our clear financial advice and investment management services to preserve and grow their long-term savings and investments.

We are a team of about 900 people based in 15 offices across the UK. Our geographic footprint means we can combine a local approach with face-to-face services to enable strong, long-term relationships with our clients.

Sustainability is fundamental to our purpose and we have a responsibility to help address the social, economic and environmental challenges facing our business, colleagues and clients. We strive to do the right thing and are dedicated to helping the charities that matter most to our people.

Our vision is to develop an open and inclusive company that ensures everyone is valued, respected and included, so that in years to come our business will represent a diverse and inclusive workforce from the top down.

We look to recruit individuals from all different backgrounds. If this job is of interest to you but you do not meet every criteria then we encourage you still to apply as we are open to providing training opportunities. As an early adopter of hybrid working we are open to discussing all types of flexible working options, helping you to balance your work and home life.