Commission Manager

U.S. Bank

. Lead commission operations for a retail introducing broker-dealer .

Posted 10/8/2026full-timeUnited StatesMid-LevelSenior💰 $111,605 - $131,300 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in commission operations management, including oversight of commission processing, reconciliation, and compliance with regulatory requirements. Proficient in financial reporting, advisor compensation structures, and leading operational improvements within financial services.

Highest-signal resume keywords

Commission AdministrationAdvisor Compensation StructuresFinancial Reporting ToolsLeadership ExperienceRegulatory Compliance

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

AccountingReconciliationVariance AnalysisAccrual AccountingData ValidationCommission ProcessingFinancial AnalysisOperational ImprovementCommission AccountingAutomation Initiatives

Soft Skills

Analytical SkillsProblem-SolvingOrganizational SkillsCommunication SkillsRelationship Management

Tools & Technologies

Commission Administration SystemsMicrosoft ExcelFinancial Reporting Tools

Certifications & Qualifications

Professional Certifications in FinanceCertifications Relevant to Operations

Industry Keywords

Broker-Dealer OperationsWealth ManagementFinancial ServicesFINRASEC Regulatory EnvironmentsInsurance Broker-DealerInvestment Services

About the role

Key responsibilities & impact

Lead commission operations for a retail introducing broker-dealer
Oversee administration, reconciliation, accounting, reporting, and payment of commissions for annuities, life insurance, packaged products, and advisory fee programs
Manage a team of commission operations professionals
Partner with Financial Advisors, Sales Leadership, Product teams, Finance, Accounting, and external product sponsors
Oversee end-to-end commission processing, including data validation, reconciliation, system loading, payment cycles, and exception reporting
Monitor commission trends, identify discrepancies, and implement corrective actions
Resolve complex advisor inquiries involving commission calculations, payment timing, chargebacks, and compensation adjustments
Coordinate with carriers, mutual fund companies, advisory platforms, and product sponsors to resolve missing payments, discrepancies, and processing errors
Prepare and review commission reporting and analytics
Prepare monthly commission-related general ledger journal entries, account reconciliations, supporting analyses, and advisor compensation accruals
Perform reconciliations and variance analysis for advisor compensation expense and related liabilities
Partner with Finance and Accounting on month-end and quarter-end close activities
Lead commission projects, system enhancements, automation initiatives, and operational improvement efforts
Strengthen controls, improve efficiency, and reduce operational risk
Develop and maintain commission operations policies, procedures, and documentation
Assist with new product launches, compensation plan changes, and strategic business initiatives
Ensure compliance with company policies, compensation programs, regulatory requirements, and audit expectations
Support internal and external audit requests and maintain documentation and controls
Evaluate commission process risks and implement sustainable solutions

Requirements

What you’ll need

Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience
Six or more years of accounting experience
Experience in broker-dealer operations, advisor compensation, commission administration, wealth management operations, or related financial services roles
3+ years of demonstrated leadership experience managing employees and operational processes
Strong knowledge of advisor compensation and commission structures across annuities, life insurance, packaged products or mutual funds, and advisory fee programs
Experience with commission administration systems, financial reporting tools, accrual accounting, and account reconciliations
Strong analytical, problem-solving, reconciliation, and organizational skills
Advanced Microsoft Excel proficiency
Excellent communication and relationship management capabilities
Ability to travel up to 10% for team meetings, business partner engagement, vendor meetings, training, and industry events
Experience within a retail introducing broker-dealer, wealth management firm, insurance broker-dealer, or bank-owned investment services organization
Working knowledge of FINRA and SEC regulatory environments
Experience supporting large financial advisor networks or multiple distribution channels
Background in commission accounting, compensation accounting, or financial operations
Experience leading technology implementations, business process redesign, or automation initiatives
Professional certifications relevant to operations, finance, or financial services
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies

Benefits

Comp & perks

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension
Disability accommodations during the application or hiring process