Commissions Manager

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you dont tick every box. We celebrate diversity promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join the Close Brothers Central Operations Team where you will overseethe internal commissions function for Close Brothers Asset Finance & Leasing with principal responsibility for ensuring the accurate and timely processing of monthly commission payments and annual bonuses for a sales team of 150 members.

Working as part of the Operational Governance teamour ideal team member will have previous experience in sales compensation ideally within a regulatory environment with excellent numeracy skills.

RESPONSIBILITIES

• Develop and implement commission plans and structures to align with company goals and objectives
• Perform accurate commission calculations and process payments promptly
• Support the management of the commissions system and prioritise future development with Technology and Business stakeholders
• Work with the finance and sales teams to resolve any commission-related discrepancies or issues
• Prepare and present regular reports on commission payouts and performance metrics to senior management
• Empower nurture and engage team members in an inclusive culture through coaching mentoring and team-development to increase the performance of the individual and the team
• Work with the HR Business Partner to ensure that an effective performance review is put in place including setting objectives personal development planning and performance standards with all direct reports
• Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required

WE WOULD LOVE TO HEAR FROM YOU IF HAVE/ARE:

• An understanding of compensation plans commissions structures and financial modelling
• Hands on experience of working with an enterprise level commission system e.g. Varicent Exactly
• Advanced excel and ideally Alteryx and Tableau knowledge
• Knowledge of FCA regulations regarding commission payments
• Adept at building relationships with colleagues at all levels including c-suite
• Able to juggle competing tasks from a matrix style leadership structure
• Excellent problem solving & analytical skills

We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format or any other adjustments are encouraged to email us at or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending deposit taking and securities trading. We employ approximately 3000 people principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.

To find out more about Close Brothers please visit our careers page: find out more about life at Close Brothers:
find out more about our benefits:
find out more about our commitment to creating an inclusive environment:
Our Responsibility - Diversity and inclusion Close Brothers Group

#LI-JN1 #LI-Hybrid

Close Brothers is a UK specialist banking group providing lending and deposit taking. We employ approximately 3000 people principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange.

Our specialist lending and deposit solutions include:

• Commercial: Offers specialist and predominantly secured lending principally to the SME market.
• Retail : Provides intermediated finance through motor dealers motor finance brokers and insurance brokers and savings products for individuals and corporates.
• Property: Offers residential development finance to established UK property developers funding for commercial properties and bridging and refurbishment loans.

At Close Brothers we are here to help people and businesses thrive over the long term.

Through our deep sector knowledge and expertise focus on delivering excellent and specialist service and strength of established relationships we support our customers through the cycle. Our values of deep expertise consistent service and long-term relationships embody our distinctive culture and customer-centric approach.

We also recognise our responsibility to help address the social economic and environmental challenges facing our businesses employees and customers now and into the future.