What are the responsibilities and job description for the Senior Analyst - Branch Compensation position at Edward Jones?
This job posting is anticipated to remain open for 30 days, from 16-Jun-2026. The posting may close early due to the volume of applicants.
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Overview:
Branch Compensation is responsible for the timely & accurate payment of all elements of Financial Advisor Compensation including Commissions, New FA Compensation, Trimester Bonus, Travel Award Program, etc. This position will work in collaboration with the Branch Compensation Department Leader to ensure team responsibilities, both recurring and ad hoc, are completed timely and accurately. This includes general ledger account reconciliations, journal entries, process improvements, process control enhancements, Financial Advisor escalations, Financial Advisor policy enhancements, compensation education and communication and collaborating with product teams on automation.
Branch Compensation is a fast-paced, highly complex environment with each associate responsible for many key processes throughout the month. Therefore, understanding upstream and downstream impacts of Financial Advisor Compensation, the ability to plan, organize and prioritize, think strategically, assist others and solve problems from routine to complex are crucial to the role.
What you'll do:
Branch Compensation is responsible for the timely & accurate payment of all elements of Financial Advisor Compensation including Commissions, New FA Compensation, Trimester Bonus, Travel Award Program, etc. This position will work in collaboration with the Branch Compensation Department Leader to ensure team responsibilities, both recurring and ad hoc, are completed timely and accurately. This includes general ledger account reconciliations, journal entries, process improvements, process control enhancements, Financial Advisor escalations, Financial Advisor policy enhancements, compensation education and communication and collaborating with product teams on automation.
Branch Compensation is a fast-paced, highly complex environment with each associate responsible for many key processes throughout the month. Therefore, understanding upstream and downstream impacts of Financial Advisor Compensation, the ability to plan, organize and prioritize, think strategically, assist others and solve problems from routine to complex are crucial to the role.
What you'll do:
- Administer multiple commission, bonus, and other incentive compensation programs ensuring complete, accurate, and timely calculations for 19,000 Financial Advisors across US and Canada.
- Develop and execute internal controls required for accurate calculation and payment of incentive compensation.
- Identify gaps and opportunities for improvement of processes. Drive process improvements and efficiencies while being able to meet monthly close schedules.
- Maintain and execute overall training program for the department on incentive compensation processes. Identify and address gaps in training.
- Provide excellent customer service to financial advisors, while ensuring team service goals are met. Resolve complex inquiries in respects to incentive compensation.
- Develop and present business insights to senior leadership, providing recommendations through analyzing large volumes of data or transactions of high dollar amounts.
- Prepare and reconcile incentive compensation reports on a monthly basis from multiple different sources and systems. Investigate and resolve differences.
- Prepare and reconcile incentive compensation reports on a monthly basis from multiple different sources and systems. Investigate and resolve differences.
- Collaborate with Compensation Analysts to ensure accurate and timely accounting entries and financial reporting of incentive programs.
- Operate with minimal supervision on projects with significant interface across the department.
What you'll need:
- Bachelor's degree
- Minimum of 3 years related experience in accounting, finance or related field
- Ability to work with others to accomplish tasks within specific deadlines and ability to lead cross-functional initiatives
- Proficiency with Microsoft Office is required, including advanced Excel skills
- Master's degree
- 6 years of related experience in accounting, finance or related field
- Experience with SQL, Tableau, Power BI or other data visualization tools
- Working knowledge of PeopleSoft Financials
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.