Robert W. Baird & Co. Incorporated

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Commissions Specialist

at Robert W. Baird & Co. Incorporated

Posted: 10/9/2020
Job Reference #: 858243
Categories: Other/General
Keywords:

Job Description

Baird Position Title:
Commissions Specialist

Department
Ops-Product Support

Job Description
As a Commissions Specialist, you will:
  • Provide high value service to internal and external clients in an environment that promotes Baird’s culture and the Operations mission and values statement.
  • Support team as a brokerage commissions subject matter expert on regulations, industry, and internal policies, and understand end-to-end processes of PWM commissions-based business.
  • Prepare report of commission checks received and categorize by commission category.
  • Maintain and monitor databases to ensure correct allocation of annuity, insurance, mutual fund and alternative investment commissions, direct payments, and 12b-1 payments to Financial Advisors. 
  • Reconcile statements from various outside vendors to ensure timely payment to Financial Advisors. 
  • Ensure adherence to regulations, Baird policies, and department procedures and policies.  Monitor exception reports pertinent to the status of ongoing activities; initiate corrective action as necessary.
  • Answer and/or initiate Financial Advisor and Client Specialist contact, answer routine questions, and follow-through on requests.
  • Independently complete assigned tasks and integrate individual priorities with team priorities, while balancing competing priorities.
  • Demonstrate understanding and knowledge of markets, products, processes, regulations, and systems required to deliver on business objectives.
  • Contribute to productivity, efficiency, and effectiveness improvements to drive exceptional client service and risk mitigation. 
  • Participate on project teams creating requirements and testing through workflow analysis and use cases.
  • Provide support to other Operations departments with projects and initiatives.
  • Perform other duties as required.
What Makes This Opportunity Great:
  • Unique culture that values diverse backgrounds and perspectives while emphasizing teamwork and a strong sense of partnership.
  • Flexible work-life balance is promoted.
  • Opportunity to grow your career in the exciting and fast-paced world of financial services.
What We Look For:
  • Bachelor’s degree preferred and/or 2+ years of experience in a financial services operations role is a plus.
  • Holding a Series 99 is a plus.
  • General knowledge of brokerage accounts, with a basic understanding of investment products and services. 
  • Proficiency and experience with Microsoft Office (Access, Word, Excel, Outlook, PowerPoint). 
  • Strong analytical skills with the ability to perform advanced problem solving. 
  • Ability to tolerate multiple assignments, work under pressure and within deadlines and produce accurate results. 
  • Detail-oriented with focus on accuracy.  
  • Superior organizational skills with the ability to prioritize, monitor, and complete multiple tasks or projects, either independently or collaboratively within a team.  
  • Excellent written and verbal communication skills are a must with the ability to effectively relate to work in a team-oriented setting.  
  • Passion for providing high-value client service.
  • Ability to stay focused under pressure and to prioritize work in order to effectively manage time. 
  • Proven reliability in attendance and performance.
#WHO
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AutoReqId
8250BR

Job Category:
Operations

Business Unit:
Private Wealth Management

Req Type
Non-Exempt

Location
KY - Louisville Downtown, WI - Milwaukee