Description
Position at loanDepot
Position Summary:
Responsible for supporting the calculation of ongoing semimonthly and monthly commissions. Works closely with Compensation and internal business unit leaders to ensure that incentive calculations align with compensation plan documents and comply with established policies and procedures. Supports operational processes that contribute to accurate and timely incentive payouts.
Responsibilities:
- Calculates ongoing semimonthly monthly and quarterly commissions and incentives according to compensation plan documents including applying approved guarantees pay exceptions and promotions.
- Assists with testing and validating new compensation plans or changes to existing plans in the automated commissions system to ensure accurate bonus calculations.
- Researches and resolves basic questions discrepancies and ad hoc requests from the field and leadership escalating complex issues as needed.
- Supports communication with business leaders to help deliver timely and accurate sales incentive calculations and reporting each pay period.
- Assists Compensation and Sales Incentive teams by providing data documentation and operational support for plan updates.
- Performs other duties and projects assigned.
Requirements:
- Bachelors Degree in finance business or related field preferred or minimum of three (3) 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.
- Strong technical skills required. Intermediate to advanced Excel skills; Access experience a plus.
- Ability to interpret data and apply basic to intermediate math skills.
- Exceptional verbal written and interpersonal communication skills.
- Solid problem-solving skills with a practical solution-focused approach.
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 $24.52 and $33.65/hr. 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 supporting the calculation of ongoing semimonthly and monthly commissions. Works closely with Compensation and internal business unit leaders to ensure that incentive calculations align with compensation plan documents and comply with ...
Description
Position at loanDepot
Position Summary:
Responsible for supporting the calculation of ongoing semimonthly and monthly commissions. Works closely with Compensation and internal business unit leaders to ensure that incentive calculations align with compensation plan documents and comply with established policies and procedures. Supports operational processes that contribute to accurate and timely incentive payouts.
Responsibilities:
- Calculates ongoing semimonthly monthly and quarterly commissions and incentives according to compensation plan documents including applying approved guarantees pay exceptions and promotions.
- Assists with testing and validating new compensation plans or changes to existing plans in the automated commissions system to ensure accurate bonus calculations.
- Researches and resolves basic questions discrepancies and ad hoc requests from the field and leadership escalating complex issues as needed.
- Supports communication with business leaders to help deliver timely and accurate sales incentive calculations and reporting each pay period.
- Assists Compensation and Sales Incentive teams by providing data documentation and operational support for plan updates.
- Performs other duties and projects assigned.
Requirements:
- Bachelors Degree in finance business or related field preferred or minimum of three (3) 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.
- Strong technical skills required. Intermediate to advanced Excel skills; Access experience a plus.
- Ability to interpret data and apply basic to intermediate math skills.
- Exceptional verbal written and interpersonal communication skills.
- Solid problem-solving skills with a practical solution-focused approach.
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 $24.52 and $33.65/hr. 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
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