Analyst, Sales Finance

LoanDepot

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profile Job Location:

Irvine, CA - USA

profile Monthly Salary: $ 83000 - 114000
Posted on: 8 hours ago
Vacancies: 1 Vacancy

Job Summary

Description

Position at loanDepot

Position Summary:
Responsible for the calculation of ongoing semi-monthly and monthly commissions. Works closely with Compensation and internal business unit leaders to ensure that incentive calculations are aligned with compensation plans and compliant with established policies and procedures. Plays an essential role in the conversion of a manual calculation process across multiple divisions into a fully automated platform under one umbrella. Ensures the performance of all duties in accordance with the companys policies and procedures all U.S. state and federal laws and regulations wherein the company operates.
Responsibilities:
  • Calculates ongoing semi-monthly monthly and quarterly commission/incentives according to the plan documents including approved guarantees pay exceptions and promotions.
  • Tests and validates new compensations plans or changes to existing plans in automated commissions system to ensure accurate bonus payouts.
  • Researches and resolves questions discrepancies and other ad hoc requests from the field and leadership as well as provides recommendations and analysis to leadership and management based on findings.
  • Performs risk assessments documents financial processes and performs tests of controls for the Companys Sarbanes-Oxley (SOX) program.
  • Partners with Compensation to interpret compensation plan documents to assist with configuring new and ongoing compensation plan updates.
  • Develops and maintains relationships with business leaders to support their organizations in delivering timely and accurate sales incentive calculations and reporting each pay period.
  • Performs other duties and projects as assigned.
Requirements
  • Bachelors Degree in finance business or related field preferred or minimum of two (2) years experience as a Commissions Analyst Compensation Analyst Financial Analyst Sales Operations Analyst or similar role.
  • Experience in the Mortgage Financial Services or Real Estate industry a plus.
  • Prior experience calculating and/or automating commission calculations within a sales compensation system required.
  • Strong technical skills required. Intermediate to advanced Excel skills; Access experience a plus.
Why work for #teamloanDepot:
  • Aggressive compensation package based on experience and skill set.
  • Inclusive diverse and collaborative culture where people from all backgrounds can thrive.
  • Work with other passionate purposeful and customer-centric people.
  • Extensive internal growth and professional development opportunities including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program to support both mental and physical health.
  • Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier faster and less stressful to purchase or refinance a home. Today loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $83000 and $114000. Your base pay will depend on multiple individualized factors including your job-related knowledge/skills qualifications experience and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.

Required Experience:

IC

DescriptionPosition at loanDepotPosition Summary:Responsible for the calculation of ongoing semi-monthly and monthly commissions. Works closely with Compensation and internal business unit leaders to ensure that incentive calculations are aligned with compensation plans and compliant with establishe...
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Key Skills

  • Cognos
  • Forecasting
  • Hyperion
  • Microsoft Access
  • Pivot tables
  • Accounting
  • Analysis Skills
  • Microsoft Excel
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Planning

About Company

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Apply for your mortgage or refinance online with loanDepot. Trust the second largest non-bank lender in the country to provide you with quality mortgage lending and refinance services in all 50 states.

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