New

Vice President, Private Wealth Revenue & Comp Lead

Vaco
$160,000.00 - $180,000.00 / yr
United States, New York, New York
Nov 26, 2025
Overview The Private Wealth division is seeking an experienced, forward-thinking leader to oversee Client Billing and Production Compensation across a business managing more than $80B in assets. This role blends operational ownership with strategic influence, requiring a professional who can maintain rigorous accuracy while driving enhancements that support scale, efficiency, and growth. The ideal individual brings deep private wealth expertise, strong analytical capabilities, and a proven track record of guiding change and working effectively across multiple functions. Partnerships with senior Private Wealth leadership, Payroll, Fund Administration, Legal, Operations, Technology, and other stakeholders will be essential. Primary Responsibilities Client Billing Operations Manage the full client billing cycle, ensuring accuracy, timeliness, and thorough oversight of calculations, collections, and invoices. Lead quarterly Investment Advisory fee billing, including complex exception management, root-cause analysis, and ongoing process optimization. Oversee receivables, payment application, and custodian reconciliations to accelerate collections and resolve outstanding issues. Coordinate with the Controller team on month-end close to ensure precise revenue and balance sheet reconciliation. Partner with Private Wealth leadership to develop and implement updated pricing structures. Handle all ad-hoc billing analyses, special projects, and reporting, providing insights that inform senior leadership decisions. Compensation Management Direct the monthly compensation process for production-based Private Wealth teams with a focus on accuracy and operational excellence. Manage monthly close activities related to compensation, including P&L variance reviews and balance sheet reconciliations. Collaborate with leadership to create and roll out new compensation frameworks. Prepare customized, data-driven analyses in support of evolving business priorities and executive decision-making. Process Improvement & Technology Enablement Drive adoption of innovative tools-including analytics, AI, and automation-to enhance operational efficiency and transparency. Lead the development, testing, and implementation of new technology and automation initiatives in partnership with Data Analytics and Solutions teams. Document, communicate, and implement process updates to ensure strong user engagement and operational continuity. Collaboration & Engagement Build strong, productive relationships with leaders across Private Wealth, HCM, Technology, Legal, and Operations to implement billing and compensation policies and resolve issues. Translate complex operational and analytical concepts into clear communication suitable for a range of audiences. Foster a culture of collaboration, innovation, and continuous improvement across teams. Qualifications Bachelor's degree in Finance, Accounting, Business Administration, or related discipline. 8-12 years of experience in accounting, financial reporting, client billing, sales compensation, or financial analysis-ideally within private wealth or asset management. Demonstrated experience driving change management and process transformation. Proven ability to lead teams and align stakeholders toward shared strategic objectives. Advanced proficiency in Microsoft Excel and PowerPoint. Strong communication, organizational, and problem-solving skills. Ability to thrive in a fast-paced environment with multiple concurrent priorities and deadlines. Preferred Skills Background in private wealth, asset management, or investment advisory services. Experience with commission-based compensation processes and associated financial systems. Familiarity with AI, machine learning, or advanced analytics tools supporting automation and process redesign. Knowledge of SAP. Strategic, creative thinking combined with collaborative problem-solving ability. Ability to quickly master and explain complex operational processes. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.