Data Analyst
Wealth Enhancement Group
About Wealth Enhancement
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 80,000 households from our over 140 offices - and growing - nationwide.
Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
We're looking for a Data Analyst to serve as the key resource in Advisor Compensation to help with building and maintaining reporting and analyzing key metric results. The Data Analyst will be able to pull data together from disparate sources and run key data processes.
The Data Analyst’s responsibilities include maintaining existing reports/tools and providing new ad hoc reporting to our partner teams. The individual will communicate data availability to teams and business leaders and provide valuable reporting when called upon.
This is a fully remote position.
In the spirit of pay transparency, we are excited to share the base salary range for this position is $80,000.00 to $90,000.00, exclusive of bonuses and benefits. This role is also eligible for our corporate bonus. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.
Primary Job Functions
Manage and analyze Advisor Compensation Data Offerings
Analyze advisor compensation data to report on behavior and trends, manage commissions data to provide accurate reporting at enterprise level.
Independently research and analyze Advisor Compensation datasets and reporting structures. Ensure data quality assurance and accuracy.
Enable Reporting Optimization
Partner with other WEG team members to validate results and track team needs to determine how to best serve our partners.
Analyze the performance of different data streams and recommend options to improve results.
Developing New Reports and Enhancing Existing Reports
Update and improve existing reporting to increase reliability, efficiency and effectiveness
Proactively identify additional metrics or new reports to add deeper value
Predictive Analytics
Develop models to predict enterprise level effectiveness of Advisor Compensation data offerings.
Other Duties as Assigned
Assist with the administration of non-variable comp compensation plans
Maintain advisor and internal reporting instruments in CRMA
Manage WEG data structures and offerings
Become a subject matter expert for WEG data structures and offerings
Manage communication and data relationships with advisor compensation peer teams
Maintain and update SF CRMA access and security
Produce ad-hoc reporting and analysis for advisor compensation and peer teams
Engage in process improvement
Document Advisor Compensation processes and procedures
Education/Qualifications
Bachelor's Degree (or equivalent experience) in business; finance, economics or related
3 years’ data analysis experience in the financial services industry
Proven ability to analyze large and complex data sets; can communicate findings in a way that is understandable to all audiences
Ability to manage strong business relationship with colleagues, peers and business partners
Able to present outcomes of analytic models in a manner easily understood by all business partners
Experienced navigating complex data structures
Must be self-motivated and independent, well-organized, able to work with minimum supervision
Highly organized, detail-oriented and possessing a high level of integrity
Strong cross-functional collaboration skills
Advanced user of Microsoft Excel
Experience with statistical / predictive modeling preferred
Competent verbal and written communication skills
Proficient with Microsoft Office Suite or related software
Past Salesforce use preferred
WEG hires employees and makes decisions about their salary qualifications based on factors such as: the role to be performed; educational and professional experience, qualifications, skills and credentials; tenure, cost-of-living and demand for the role in the applicable market. To comply with state pay transparency laws, we must disclose the entire salary grade. The entire salary grade for those who are classified at the individual contributor level is $79,200.00 to $110,900.00. However, the base salary range bolded above ($80,000.00 to $90,000.00) is what we expect to pay as a starting range for this position.
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Comprehensive Benefits Offerings
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may be eligible to participate in the following benefits & development opportunities:
Training and professional development
Medical, dental and vision coverage (Available to full-time employees and their families)
Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
Life and AD&D insurance – employer paid and voluntary options
Short-term and long-term disability, workers compensation – employer paid
401k with match and profit sharing
Wellness programs and resources
Voluntary benefits, including pet insurance
18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
12 paid holidays each year (10 pre-determined and 2 floating days)
Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700
Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.
Click the following link to view Federal and E-Verify posters: Link
OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.
Wealth Enhancement may use artificial intelligence (AI) tools to assist in the initial screening of resumes. All AI-supported evaluations are reviewed by our recruitment team to ensure accuracy and fairness. We are committed to equal opportunity in employment and do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status. Your personal information is handled in accordance with applicable data protection laws.