Remote Mortgage Incentive Business Analyst

Pentagon Federal Credit Union (PenFed)
Mclean, VA
Oct 15, 2021
Oct 17, 2021
Full Time
Overview Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members "do better." Joining PenFed is more than being an employee; it's about being a part of the PenFed family. PenFed is hiring a Mortgage Incentive Business Analyst at our PenFed Plaza location. The Mortgage Incentive Business Analyst will assist with the timely and accurate process of calculating incentive/commission payments within the mortgage division on multiple incentive plans. This includes assisting with data analysis, reporting, and incentive payment communication. Responsibilities Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. Assist with the calculations for incentive payments (monthly, quarterly and annual) for business units according to compensation plans and internal policies, ensuring incentive/commission and bonus calculations are done accurately and in a timely manner. Provide support with incentive payment audits. Assist with creating and distributing monthly pay statements for each employee receiving incentives as needed. Assist with onboarding tasks for new hire candidates. Provide recommendations related to business reporting controls to promote continuous improvement of processes and compliance within the mortgage business unit. Provide key cost and data analytics to assist with the annual budgeting process. Engage with other departments within the credit union to deliver on action plans and requests. Monitor quality of business reports to ensure accurate payments to employees. Identify risk trends and opportunities to minimize future risk. Increase knowledge of the mortgage industry and recommend changes to benefit the credit union, members, and staff. Actively engage in continual departmental process improvement. Establish and maintain expert knowledge of key business processes within the assigned mortgage business unit. Build strong relationship with payroll partners. Participate in the development and distribution of comparative analyses and advanced metrics-based reporting. Qualifications Equivalent combination of education and experience is considered. Bachelor's Degree in Business or a related field is preferred. Profound working knowledge of Microsoft Office products with an emphasis on Excel, Power Point and Visio. Experience in mortgage processing/underwriting/closing and/or experience in mortgage lending, mortgage controls, risk, or audit preferable but not required. Strong analytical and problem-solving skills. Proven ability to work in a fast-paced environment. Proven ability to balance multiple priorities, adapt to constantly changing business environment, work independently, drive projects to completion while meeting deadlines in a fast-paced environment. Demonstrate abilities in problem -solving and analysis identifies issues, analyzes information to assess root cause and relationships, risks, and potential risk responses. Proven ability to synthesize complex data into concise recommendations and reports to senior management. Supervisory Responsibility This position will not directly supervise employees Licenses and Certifications None Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. *Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.* Travel Ability to travel to various worksites is required. Special Message Regarding COVID 19 PenFed is continuing to hire and train exceptional individuals to help us serve our 2 million members both here and around the world. In light of the current situation with novel coronavirus (COVID-19), we have modified our hiring, onboarding, training, and deployment protocols in order to comply with current local and state guidance around social distancing. About Us Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions with over 2 million members and over $26 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment Opportunity PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 240- - . #LI-LK1

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