[Remote] Associate, Advisor Compensation
Note: The job is a remote job and is open to candidates in USA. Elevation Point is a company that focuses on advisor compensation programs. The Associate, Advisor Compensation plays a crucial role in administering, calculating, and reporting advisor compensation, ensuring accurate payouts and compliance with firm guidelines.
Responsibilities
- Calculate and process routine advisor compensation, including revenue-based payouts, adjustments, and one-time payments
- Assist in maintaining advisor compensation schedules, agreements, and related documentation
- Validate compensation data to ensure accuracy and alignment with billing and revenue records
- Support compensation-related inquiries from advisors, leadership, and internal teams
- Assist in preparing monthly and quarterly compensation reports and summaries
- Support variance analysis to identify discrepancies between expected and actual compensation results
- Maintain accurate records to support internal reviews, audits, and compliance requirements
- Coordinate with Billing, Operations, and Compliance to ensure compensation is aligned with advisory fee revenue and firm policies
- Assist with continuous improvement of compensation processes, documentation, and controls
- Support data entry, validation, and ad hoc audits related to advisor compensation
Skills
- Bachelor's degree in finance, Accounting, Business Administration, or a related field
- 1–3 years of experience in compensation administration, payroll, accounting, or financial operations; financial services experience preferred
- Basic understanding of advisor compensation models and revenue-sharing arrangements
- Strong analytical skills with high attention to detail and accuracy
- Ability to handle confidential information with integrity and professionalism
- Financial services experience preferred
Company Overview