Teamrecruiter.com
Job title:
Compensation Analyst (Bank, Sales, Mortgage, MSPROGRAM)
Company
Teamrecruiter.com
Job description
One of our major Banking clients is looking for a Compensation Analyst (Bank, Sales, Mortgage, MSPROGRAM)
Length: 1 year contract with the possibility of extension or permanent.
Location: Toronto, ON – Remote
Working hours: Monday to Friday, 8:30am-5pm
LOB: Wealth ManagementJOB DESCRIPTION:
At our company, we have been helping our customers and communities for over 200 years. Working with us means being part of a team of talented, passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.We are committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives.Mandate: The role is responsible for the timely calculation, processing, and reconciliation of commission compensation for Mortgage Specialists (MSs). Completion of bi-weekly reporting for payroll submission, monthly sales reporting and yearly sales incentive calculations.KEY ACCOUNTABILITIES
- Administration of the sales compensation database
- Daily review of mortgage deals to ensure proper classification for compensation, including identifying new clients for banking.
- Investigation of commissions and general compensation questions coming from MSPROGRAM
- Respond to MSPROGRAM questions and emails on a timely manner
- Approving and implementing manual adjustments to compensation as required
- Processing business expenses for mortgage specialists against their compensation, for a Mortgage Specialist Assistants
- Review and action reports coming from the compensation database to ensure deals pay properly and amend compensation as required
- Review and action reports related to deal cancellations of mortgages and process recoveries from the MSs
- Review and action reports related to insurance cancellations and process recoveries from the MSs
- Review and action reports related appraisal fee violations and process recoveries from the MSs
- Produce bi-weekly payroll reports to be submitted to Alight
- Process insurance payouts including investigations with SunLife for missing deals and production of monthly invoice
- Produce monthly management reports
- Produce ad-hoc reports as required
JOB REQUIREMENTS – Knowledge and Skills:
- Attention to detail
- Comfortable working with numbers
- 2-3 years relevant experience, Experience managing sales compensation plans is an asset
– Business-related degree/diploma
-business experience***DISCLAIMER***: No accounting or IT background
– very entry level
- Self-motivated and able to meet deadlines
- Able to collaborate with immediate team as well as the team in MSPROGRAM and Pricing
- Strong knowledge of MS Office (EXCEL and ACCESS specifically)
Nice to Have but not limited to:
– Bilingual – Bill 96 Quebec Mortgage Specialists are required to have payroll in French
– Open to learning and positive attitudeURGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.The recruiter in charge of this role is Sunita.If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.Please note that this is the most up to date version of job description available at this time – During Client Interview you will receive additional information – variance may apply!Please note: Adherence to our end client’s vaccination policy is a requirement.Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!
Expected salary
Location
Toronto, ON
Job date
Mon, 18 Mar 2024 08:12:33 GMT
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