Job Description
Job Description
Job Description \nCompany Description
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 company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.
Responsibilities:
- Conducts routine and ad hoc business analyses regarding employee compensation, business incentives, and KPIs.
- Collaborates with Operations team to improve process efficiency and automation.
- Provide variance analysis, sensitivity analysis, and forecasts for proposed compensation changes.
- Tests and validates new compensations plans or changes to existing plans in commissions system to ensure accurate bonus payouts.
- Partners with the business and Compensation to interpret compensation plan documents to assist with configuring new and ongoing compensation plan updates.
- Prepare and maintain dashboards for management and personnel to monitor and incentivize performance.
- Performs other duties and projects as assigned.
Requirements
- Bachelor’s Degree in finance, business, engineering, or other quantitative field preferred, or minimum of two (2) + years’ experience as a Commissions Analyst, Compensation Analyst, Financial Analyst, Business Analyst, Data 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 required.
- SQL knowledge (preferably SQL Server) required.
- Dashboarding skills, such as Tableau preferred.
- Hybrid schedule out of Irvine, CA.
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 life's 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 $83,000 and $110,000. 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.
loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.
The company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.
Headquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457
Company Description
loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.\r\n\r\nThe company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.\r\n\r\nHeadquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457
Numbers & Facts
| Location | Lake County, CA |
| Industry | Financial Services |
| Salary | $83,000–$110,000 Per Year |
| Company Size | 5,000 to 9,999 employees |
| Year Founded | 2010 |
| Website | https://www.loandepot.com/ |
Benefits
Employee Referral Program, Employee Events, Game Rooms, Life Insurance, Merchandise Discounts, Military Leave, On Site Cafeteria, Parking, Prescription Drug Coverage, Professional Development, 401K, Concierge Services
About Company
loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit. The company has funded over $150 billion in fundings since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers. Headquartered in Southern California, loanDepot employs 6,400 team members across the country including 2,000+ licensed loan officers who hold more than 10,000 licenses. The company operates 150+ local loan locations nationwide.
Skills
- Analysis Skillsunmatched
- Automationunmatched
- Business Analysisunmatched
- Commission Calculationunmatched
- Compensation Analysisunmatched
- Compensation and Benefitsunmatched
- Consumer Loansunmatched
- Corporate Policiesunmatched
- Customer Support/Serviceunmatched
- Data Analysisunmatched
- Diversityunmatched
- Emerging Technologyunmatched
- Federal Laws and Regulationsunmatched
- Financeunmatched
- Financial Analysisunmatched
- Financial Servicesunmatched
- Forecastingunmatched
- Loansunmatched
- Microsoft SQL Serverunmatched
- Mortgageunmatched
- Mortgage Lendingunmatched
- Operational Improvementunmatched
- Performance Analysisunmatched
- Performance Metricsunmatched
- Policy Developmentunmatched
- Procedure Developmentunmatched
- Process Improvementunmatched
- Product Supportunmatched
- Real Estateunmatched
- Reporting Dashboardsunmatched
- SQL (Structured Query Language)unmatched
- Salesunmatched
- Sales Analysisunmatched
- Sales Operationsunmatched
- State Laws and Regulationsunmatched
- Tableauunmatched
- Team Playerunmatched
- Tuition Reimbursementunmatched
- Variance Analysisunmatched
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