Director, Sales Finance

Company: loanDepot
Location: Lake Forest
Posted on: May 13, 2022

Job Description:

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. -While there are many loan-touch career opportunities within loanDepot, we could not take care of our employees, nor our customers, without the amazing support of our corporate teams. From HR & Marketing to Finance & Compliance, #TeamloanDepot is always searching for the best talent out there. With over $100 billion in funded loans since inception, the evolution & enthusiasm is not slowing down anytime soon. Come join us!loanDepot - We are America's Lender.Position Summary: Responsible for providing oversight, direction, and buildout of analytics capabilities related to Incentive -Compensation for Channel leaders. Responsible for critical data strategies and analysis used by FP&A and Incentive Compensation groups to automate report creation enabling staff to focus on providing business insights. Responsible for combining all active commissions plans under one umbrella for processing. Monitors and represents the business unit interests in program(s) from initiation through delivery and tracks for continuous improvement. Organizes cross-functional and interdepartmental activities and may perform operational responsibilities. Participates cross-functionally in business planning to support business unit strategy. 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:

• Serves as the thought partner to Business Leadership to ensure commission plan design drives desired outcomes, and ensure the commissions can be properly forecasted and calculated
• Coordinates with Business Leaders, HR, Legal, and Technology to implement new processes that work towards automation of functions related to Sales Finance.
• Develops staffing plan for FP&A analysts that clearly lays out skillsets, capacity, and performance; creates ad hoc reports or analysis as requested by senior management.
• Works directly with the accounting department to assist with month-end closing process and other support functions as needed.
• Creates and implements a thorough auditing process in partnership with Compensation.
• Accountable for combining all active commission plans in other loanDepot entities under one umbrella for processing.
• Designs, checks for quality, and manages the distribution of monthly incentive compensation reports to the field and internal management.
• Performs other duties and projects as assigned.Requirements:
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Advanced skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint, and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Effective organizational and time management skills.
  • Exceptional verbal, written and interpersonal communication skills.
  • Strong analytical and problem resolution abilities.
  • Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
  • Ability to organize and prioritize work schedules on a short-term and long-term basis.
  • Ability to provide consultation and expert advice to management.
  • Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.
  • Ability to deal with complex difficult problems involving multiple facets and variables in nonstandardized situations.
  • Ability to work with little to no supervision while performing duties.
  • Minimum of five (5) + years in a commission calculator role required.
  • Minimum three (3) + years of management experience preferred. Solid people management skills, coaching, and developing (including disciplinary actions) required.
  • Experience with Data Systems (SQL, Tableau, Alteryx, etc.)
  • Experience in the Mortgage industry preferred.
  • Bachelor's Degree in HR, Finance, or related field required, and a minimum of eight (8) + years' experience in sales compensation.Why work for #teamloanDepot:
    • Aggressive earning potential and 401K with robust company match - - - - - - - - - - -
    • 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 positionsWe 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.

Keywords: loanDepot, Lake Forest , Director, Sales Finance, Executive , Lake Forest, California