What are the responsibilities and job description for the Finance Analyst position at loanDepot?
Position Summary
Responsible for analyzing financial performance, business metrics, and sales performance for the company. Develops actionable reports and solutions to achieve company goals. Updates forecasts and budgets and provides proper variance analysis visibility. This position 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
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $70,000 and $95,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We 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.
Responsible for analyzing financial performance, business metrics, and sales performance for the company. Develops actionable reports and solutions to achieve company goals. Updates forecasts and budgets and provides proper variance analysis visibility. This position 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
- Architects reports using raw loan production and accounting data to influence decision making.
- Assimilates raw data into actionable reports in support of departments within the organization.
- Evaluates key company metrics and develops new measurements for success. Identifies areas for process improvements and consistently strives to streamline existing processes and reports.
- Conducts market research and performance analysis of new branch or referral partner opportunities.
- Creates robust financial and production reporting packages for distribution across leaders within the sales organization under stringent deadlines to meet reporting turn times.
- Develops a thorough understanding of production compensation plans and ensures payroll is executed accordingly.
- Performs variance analysis and identifies the root cause of any discrepancies.
- Supports Sr. Analysts and Management within Finance division
- 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.
- Performs other duties and projects as assigned.
- Bachelor’s Degree in finance or accounting required, and a minimum of one (1) years’ experience in a Financial Analyst or Business Analyst role.
- Experience in the Mortgage industry preferred.
- Familiarity with relational databases (SQL, Oracle) including the ability to easily extract raw data is preferred.
- This is a hybrid position based in Irvine, CA - requiring two days per week.
- Aggressive compensation package based on experience and skill set.
- 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 positions.
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $70,000 and $95,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We 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.
Salary : $70,000 - $95,000