Sales Compensation Lead
Neuberger Berman
Neuberger Berman is seeking a dynamic and results-driven professional to join our Production Compensation Team within the Finance group. This is a high-impact role where you will oversee the end-to-end compensation process for our Global Institutional and Intermediary sales teams while driving innovation, efficiency, and insights that support firm’s financial planning. This role requires close collaboration with various groups, including Payroll, Client Billing, Fund Admin, HCM Business Partners, Client Coverage Management, and Technology, to ensure seamless execution of sales compensation process. This role also offers the opportunity to leverage your analytical and technical expertise to influence decision-making and spearhead continuous improvements in workflows and technology.
**Key Responsibilities:**
+ **Own the Process:** Ensure timely, accurate, and efficient processing of monthly, quarterly, and annual compensation calculations for production-based teams; review and distribute detailed compensation statements to sales teams
+ **Problem-Solve with Precision:** Perform root-cause analysis for payout variances and deliver clear, data-driven explanations to Client Coverage Management teams
+ **Deliver Insights:** Conduct compensation trend analysis and forecasts to senior management
+ **Financial Oversight:** Manage compensation expense entries into the general ledger, including P&L impact and balance sheet reconciliations
+ **Collaborate Across Teams:** Partner with HCM, Technology, and Client Coverage Management to implement compensation plans accurately and resolve issues effectively
+ **Drive Innovation:** Lead the design, testing, and implementation of technology enhancements to optimize compensation processes
+ **Enhance Efficiency:** Identify and implement process and data improvements to increase scalability, accuracy, and efficiency across workflows
**Qualifications:**
+ Bachelor's degree in Accounting or Finance.
+ 7-10 years' of experience in accounting, financial reporting, and analysis.
+ Experience with commission-based compensation is required
+ Asset Management/Investment Advisory industry expertise is preferred
+ Advanced proficiency in Microsoft Excel and PowerPoint is essential; knowledge of SAP is a plus
+ Strong communication skills (both written and verbal); ability to communicate clearly to senior management and other key stakeholders
+ Exceptional attention to detail, organizational skills, and problem-solving abilities
+ Ability to balance multiple priorities under tight deadlines in a high-profile, fast-paced environment
+ Collaborative mindset with a willingness to contribute to a variety of initiatives
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Compensation Details
The salary range for this role is $115,000-$150,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
**Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.**
_Neuberger Berman is an equal_ _opportunity_ _employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact_ _onlineaccommodations@nb.com_ _._
_Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) ._
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $481 billion in client assets (as of June 30, 2024) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 750-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by _Pensions & Investments_ as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).
Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.
For important disclosures: http://www.nb.com/linkedin
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