Compensation / Commission Specialist

Mutual of Omaha Mortgage

Lombard (IL)

On-site

USD 50,000 - 75,000

Full time

8 days ago
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Benefits offered by this job

Medical, Dental and Life Insurance
Vision Coverage
401K with match
Employee Mortgage Loan Discounts
Paid Holidays

Job summary

Mutual of Omaha Mortgage is seeking a Compensation / Commission Specialist for an on-site role in Lombard, IL. You will create and review commission statements, process draw balances, and manage compensation plans within the system while collaborating with Finance, Payroll and HR.

The role requires a BA/BS and 4+ years in accounting or payroll, with strong Excel skills and attention to detail. Equal opportunity employer with comprehensive benefits.

Qualifications

  • BA/BS in business, finance, economics or statistics.
  • 4+ years in accounting/payroll or commissions.
  • Proficient in Excel with strong analytical skills.

Responsibilities

  • Create and review commission statements for Sales Team using automated system.
  • Process, calculate and review draw balances for Sales Teams.
  • Enter new hire compensation plans into commission system.
  • Make changes within commission system as Sales Staff plans change.
  • Deliver excellent customer service to sales staff and management by addressing questions professionally and promptly.
  • Collaborate with Finance, Payroll and HR to provide necessary reporting.
  • Work on special projects such as data analysis, presentations, report building.
  • Assist in audits to ensure compliance.
  • Perform additional Payroll/Finance duties as needed.

Skills

Attention to detail
Analytical skills
Teamwork
Communication skills
Quantitative skills

Education

BA or BS degree

Tools

Excel

Job description

Compensation / Commission Specialist

This is an on-site position based out of our Lombard, IL office.

Mutual of Omaha is a Fortune 300 Company. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees.

Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs,

The Work

We are seeking individuals who are detail oriented and willing to join a fast pace, time sensitive and constantly changing environment.

Duties Include
  • Create, and review commission statements for Sales Team using automated system.
  • Process, calculate and review draw balances for Sales Teams.
  • Enter new hire compensation plans into commission system.
  • Make changes within commission system as Sales Staff plans change.
  • Deliver excellent customer service to sales staff and management by addressing questions professionally and promptly
  • Collaborate with various different departments including Finance, Payroll and Human Resources to provide necessary reporting.
  • Work on special projects such as process improvements, data analysis/compilation, presentations, report building, etc.
  • Assist in internal and external audit request to ensure compliance.
  • Other Payroll/Finance Duties as needed.
Why Choose Mutual
  • Work/Life Balance / Great Benefits – We understand you have a life outside of work and support a healthy work/life balance with flexible schedules and robust benefits including Medical, Dental, Life Insurance, Employee Mortgage Loan Discounts and 401K with match
  • Love What You Do – Play an integral role in helping clients with their financial solutions.
  • Awesome Culture –Whether it's participating in a variety of volunteer opportunities, enjoying company outings, or working on a team that works hard but has fun doing it, Mutual of Omaha Mortgage's family-like culture is second to none!
  • Growth and Advancement –Your hard works creates your future advancement opportunities, advancement opportunities include roles with significant bonus potential.
  • Coaching and Continued Training– We understand you may not have Mortgage experience. We provide extensive coaching so you can thrive easily without the "sink or swim" fear.
The Person
  • BA or BS degree - Preferably in Business Administration, Finance, Economics, Statistics Etc.
  • 4+ Years experience in an accounting or payroll function, commissions or sales environment preferred
  • Previous Mortgage Experience a plus
  • Knowledge of Sales Incentive Systems a plus.
  • Detailed-oriented with excellent analytical skills and ability to identify/resolve problems
  • Strong teamwork skills and ability to meet deadlines in a fast-paced environment
  • Excellent written and verbal communication skills
  • Strong quantitative skills
  • Proficient in Excel
  • Impeccable attention to detail and solid customer service instincts

We are highly respected in our industry and growing our office with long term employees who are striving for a career.

The salary range for this position is $50,000-$75,000 annually.

Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply.We offer an extensive compensation package. Benefits include:

  • Vacation — Vacation hours accrue on a per pay period basis. Balance maximums are based on years of service.
  • Paid Sick Time — 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
  • 9Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
  • Multiple PPO Medical Plans, as well as HDHP eligible plan.
  • Dental Coverage
  • Vision Coverage
  • Company Paid Life Insurance
  • 401K with a generous employer match
  • Additional Benefits including – Optional Life, FSA, Pet Insurance etc.
  • Free Legal Services
  • Employee Loan Program
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