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Compensation Analyst

Compensation Analyst

Intelliswift - An LTTS CompanyOntario, Canada
6 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
  • Open to learning and positive attitude
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    Compensation Analyst • Ontario, Canada