Commissions Analyst

At CWB, we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by:

• Putting people first and building relationships with intention

• Seeking out and embracing new ideas

• Believing that how we do things is as important as what we do

Term: 12 months

Location | Edmonton, AB. or Toronto, ON
Hybrid work environments. Collaborative connections.

Put a new spin on your banking career

The overwhelming majority of our employees say CWB is a Great Place to Work®

We’re different from the big banks in the way we engage our employees - caring, responsive, and armed with an obsession for growing talent. Our reputation is powered by a people first culture that ensures our employees be and feel heard, promotes inclusivity and diverse viewpoints, and inspires collaboration and innovation.

Our employees love CWB. You’ll love it here too.

The opportunity

Join our dynamic team as a Commission Analyst, championing the Sales Incentive Plan (SIP)/Commission Programs for all CWB Wealth employees that participate in SIP Programs. You will be responsible for completing precise calculations, achieving prompt payments, and conducting confidential reporting. Acting as the go-to resource, you will ensure the sales team satisfaction and support Finance with commission accounting and reporting.

What you’ll be doing

• Execute SIP processes, including preparation of the SIP calculations, for CWB Wealth’s Portfolio Managers, Financial Planners and Wealth Advisors.
• Become familiar with key terms of the SIP programs.
• Receive and review data to support the sales commission calculations.
• Reconcile accounts, capturing monthly financial accruals.
• Confirm correct accounting coding and tags.
• Audit and validate manual commission requests.
• Prepare and process ad-hoc SIP adjustments.
• Prepare, review, and validate various reports and distribute monthly SIP statements.
• Prepare SIP entries and account reconciliations.
• Submit approved SIP calculations to Payroll team within required timelines., and reconcile actual payroll payments to accounting system and accrued liabilities.
• Deliver SIP reports to key stakeholders.
• Investigate and resolve discrepancies promptly.

Successful incumbent

This role thrives on delivering timely support, fostering strong relationships, and prioritizing customer service. The successful candidate is trustworthy, able to handle tasks with finesse and discretion. They're not just detail-oriented; they're detail-obsessed, ensuring accuracy even under pressure. With a knack for problem-solving and organization, they juggle large workloads effortlessly. Their communication skills are top-notch, captivating stakeholders with concise and effective messaging. Whether flying solo or collaborating in a team, they're the glue that binds operations together, ensuring every interaction is productive.

Who we’re looking for & what you’ve done

• Post secondary degree or diploma in business, accounting, human resources or another related field.
• Two or more years experience working with Sales Incentive Plans.
• Two or more years experience completing accounting and other reconciliations.
• Demonstrated competence in supporting key areas of business processes and corporate finance, management, and accounting principles.
• Knowledge of the sales function, and key reports and processes that are key data inputs into a Sales Incentive Plan.
• Strong experience and skills with Microsoft Excel and working with high volumes of data.
• Understanding of internal controls and documentation related to Sales Incentive Plans and calculations.

Why work with us?

Your success is our obsession! And our award-winning culture & benefits back it up.

Proudly recognized by Great Place to Work® in 2024 as one of Canada’s top 50 Best Workplaces & member of Waterstone Human Capital’s Most Admired Corporate CulturesTM Hall of Fame.

Wellness matters. We offer an award-winning benefits package that includes:

• Hybrid work environments
• Everyday flexibility
• Generous company-funded health coverage
• Health care spending account
• A flexible wellness program
• generous time-away options to unplug, rest & recover

Career development. We commit to our employees’ development and help them reach their professional goals with:

• Organization wide coaching services
• Mentorship
• Education support & training programs

Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups.

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IND-JA

As an equitable employer, CWB Financial Group is committed to providing a safe and inclusive environment where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require accommodation during any part of the recruitment or selection process, please reach out.

* Position closes at 12:01am on the close date identified below.