loanDepot

Manager, Finance

loanDepot • $106K — $132K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in finance or accounting required
  • 6+ years of experience in financial services
  • 2+ years as a Financial Analyst in Mortgage Servicing
  • Mortgage industry experience required
  • Familiarity with relational databases (SQL, Oracle) preferred
  • Previous project management experience required

Responsibilities

  • Develop and maintain annual budget and financial plans for Mortgage Servicing
  • Analyze monthly financial performance, identifying key variance drivers
  • Act as a subject matter expert for financial systems and forecasting
  • Lead monthly financial review process and prepare presentations
  • Conduct scenario planning and assess financial impacts of variables
  • Implement reporting automation and improve financial processes
  • Collaborate with Accounting on month-end close and financial reviews

Benefits

  • Hybrid work schedule based in Plano, TX
  • Opportunities for growth and development
  • Comprehensive financial planning and oversight role
  • Involvement in strategic initiatives and decision-making
  • Dynamic working environment within the mortgage industry
Full Job Description
Description

Position Summary:

Responsible for providing financial planning, forecasting, reporting, and strategic analysis in support of the Mortgage Servicing organization. Partners with servicing leadership to evaluate financial performance, optimize operational efficiency, support strategic initiatives, and drive informed business decisions through advanced financial modeling, forecasting, and actionable insights. 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:

  • Develops and maintains annual budget, periodic forecasts, and long-range financial plans for the Mortgage Servicing Channel.
  • Analyzes monthly financial performance against budget, forecast, and prior period results, identifying key drivers of variances
  • Operates as a subject matter expert for financial systems, data sources, forecasting methodologies, Key Performance Indicators, and reporting processes.
  • Leads monthly financial review process for Servicing leadership, preparing presentations and communicating key business trends, risks, and opportunities.
  • Conducts scenario, sensitivity, and capacity planning analyses to assess the financial impact of volume fluctuations, regulatory changes, delinquency, interest rate movements, and portfolio runoff.
  • Identifies, recommends, and implements reporting automation and process improvement initiatives to increase efficiency, scalability, and data accuracy.
  • Collaborates with Accounting to support month-end close activities, accrual analyses, expense allocations, and financial statement review.
  • Establishes controls and validation procedures to ensure the accuracy and integrity of servicing, operational, and financial reporting.
  • Develops detailed financial models to evaluate the profitability impact and feasibility of proposed business initiatives.
  • Drives migration and adoption of new processes, tools, and systems integrations to enhance visibility into loan level economics, costs to service by loan type and stats, and controllable vs. uncontrollable losses
  • Creates ad hoc reports or analysis as requested by senior management.

Requirements

  • Bachelor's Degree in finance or accounting required, and preferably six (6) + years of experience in the financial services industry.
  • Two (2) + years of experience as a Financial Analyst supporting Mortgage Servicing.
  • Mortgage industry experience required.
  • Familiarity with relational databases (SQL, Oracle) including the ability to easily extract raw data is preferred.
  • Previous project management experience required.
  • This role requires a hybrid schedule based out of Plano, TX.


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 $106,000 and $132,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

About loanDepot

LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and non-mortgage lending products. In 2015, the company claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States. LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade, and HomeLoanCenter.com, which he sold to LendingTree. The company's products at the time included fixed rate, jumbo, FHA and home equity loans, in addition to more controversial adjustable-rate mortgages and negative amortization products. In November 2015, the company postponed a planned IPO, citing poor market conditions. In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan officer. In January 2018, the company announced two products as part of its technology platform, now called Mello, a home improvement unit to allow contractors to offer financing to customers, and Mello Home, a platform to connect pre-approved buyers to realtors. In September 2019, the company partnered with Century 21 Redwood Realty to form a new mortgage platform for the mid-Atlantic area, Day 1 Mortgage. loanDepot went public on the New York Stock Exchange on February 11, 2021 under the ticker symbol LDI.
Learn more about loanDepot
Market Cap
$453.5 million
Industry
Finance & Insurance
Founded
2010
5 Year Trend
+26.8%
NASDAQ
LDI
* Ladders Estimates

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