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
