Jeff Willis Email & Phone Number

Chicago

Chicago

- Overall authority for the calculation, payment, communication and reporting of commissions to over 1,000 loan officers.- Build accurate and well structured MS Excel applications to accurately track and calculate commissions and bonuses.- Spearhead RFP process for selection of new commission system.- Create a system to track a wide variety of complex compensation structures in a company that prides itself on non-standardized compensation for loan officers.- Hire, train, mentor and supervise a staff of 3 Commission Specialists.- Report all accounting and analysis directly to the Corporate Controller for all commissions paid as well as deductions taken from loan officers monthly. Deductions include appraisals, marketing items, mortgage consultant fees, bonus calculations, redraw fees, and other miscellaneous costs associated with loan processing.- Effectively communicate with CEO, CFO, Operations, Human Resources, Accounting and other internal departments to review cross-departmental impacts of commissions on financials.- Compile ad-hoc reports and audits as needed by upper management, branch managers and individual loan officers.

Chicago

- Restructured compensation in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.- Created new processes to more efficiently analyze loan data and streamline commission calculations.- Processed all aspects related to brokered checks including collection, payment, depositing, and booking to the general ledger semi-monthly.

Chicago

- Compiled settlement statements and invoices necessary for the payment of commissions.- Calculated compensation based on the amount of revenue received by the company on individual loans.

Northbrook, Il