Toronto, ON (Currently 100% Remote, possibility of changing to hybrid).The role is responsible for the timely calculation, processing and reconciliation of commission compensation for Mortgage Spec...Show moreLast updated: 8 days ago
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Compensation Analyst
Intelliswift - An LTTS CompanyOntario, Canada
8 days ago
Salary
CA$28.60 hourly
Job type
Temporary
Job description
Job Title : Compensation Analyst
Location : Toronto, ON (Currently 100% Remote, possibility of changing to hybrid)
Duration : 12 months
Contract Type : T4 only
Pay Rate : CA$28.60 / Hour
Job Description :
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 to the client.
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
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