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Associate Vice-President, Advisor Compensation - Jobs in Winnipeg, MB

Wellington-Altus Private Wealth
Job LocationWinnipeg, MB
EducationNot Mentioned
SalaryNot Disclosed
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeFull Time

Job Description

Associate Vice-President, Advisor CompensationLocation: This position will be located in our Winnipeg office.Our organization:Founded in 2017, Wellington-Altus Financial Inc. (Wellington-Altus) is the parent company to Wellington-Altus Private Counsel and Wellington-Altus Private Wealth —the top-rated* wealth advisory company in Canada and one of Canadas Best Managed Companies. With more than $21 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers, and their high-net-worth clients.

  • Investment Executive 2022 Brokerage Report Card
The opportunity:Reporting to the Vice-President, Finance, the Associate Vice-President, Advisor Compensation will utilize their experience and expertise to develop and lead a newly created dynamic team within the organization. This new team will service multiple Wellington-Altus business lines.The Associate Vice-President, Advisor Compensation will be responsible for building out processes and internal controls around the processing of wealth management fees and Investment Advisor payout.Key responsibilities include:
  • Designing internal controls and processes around wealth management fee billings.
  • Providing oversight and review of the fee billing process.
  • Becoming the main point of contact regarding any topic surrounding Investment Advisors’ compensation.
  • Establishing themselves as the lead expert with the organization’s billing software.
  • Developing enhanced communications and reporting to Investment Advisors.
  • Calculating and ensuring accuracy of Investment Advisors’ compensation.
  • Providing support and reporting to the Finance group.
  • Hiring, training, and developing staff to become subject matter experts.
  • Performing other duties as assigned.
The ideal candidate will possess:
  • CPA designation is considered an asset.
  • Experience in calculating management fees at IIROC or ICPM firms is considered a key asset.
  • Strong knowledge of internal controls and process documentation.
  • Excellent computer skills, with advanced experience using MS Excel.
  • A demonstrated reliable work ethic, with the ability to manage multiple, competing priorities
  • Strong time management and organizational skills to efficiently manage numerous activities with varying degrees of priority.
  • Excellent analytical and critical thinking skills to simplify complex issues.
Conditions of employment:
  • Must be legally eligible to work in Canada.
  • A background check, satisfactory to the employer, may be required of the successful applicant prior to commencing employment.
Wellington-Altus is strongly committed to equity and diversity within its community and welcomes applications from women, racialized persons, Indigenous peoples, persons with disabilities, and persons of all sexual orientations and genders. All qualified individuals who would contribute to the further diversification of our organization are encouraged to apply.If you require accommodation for the recruitment process, please let us know at the point of application.To apply:Click the Apply For This Job button to submit your resume, cover letter and salary expectations. You will be contacted if you are selected for an interview. More information about working at Wellington-Altus can be found on our website at www.wellington-altus.com.Quick Apply
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