Analyst, Sales Finance

Commissions Analyst

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:

• 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 Company's 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:

• Bachelor's 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 loanDepot:

• 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 $114,000. 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.