Payroll Manager - Variable Compensation
Ally Financial - Fort Washington, PA

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Variable Compensation Administration Manager

Fort Washington



We Are GMAC Mortgage, LLC.

GMAC Mortgage, an indirect, wholly owned subsidiary of Ally Financial Inc. Our associates and customers are at the heart of everything we do. We are financially strong and positioned for significant growth. We have 25 years of experience, a solid reputation and a loyal customer base. Our




provides service for GMAC Mortgage loan accounts, including billing, payment and general customer service.

GMAC Mortgage is the 4


largest loan originator in the nation, and the 5


largest in loan servicing

Financial strength and Industry leadership

Leads and referral sources with Top-notch sales tools and Unparalleled customer service

Training and ongoing education

GMAC offers market competitive base pay/salary compensation (bonus options)

Recently named as Fortune 500’s Top Ten Commercial Banks

GMAC Mortgage/ Ally Financial strives to build a World Class culture that engages a diverse and vibrant team of professionals. We seek employees who are motivated for success with processes aligned to promote inner-mobility, career growth and leadership development. GMAC Mortgage/Ally Financial remains committed to offering a compelling employment proposition that enables us to expand our dynamic team. Put your career on a path with a company that’s taking the financial services industry in a new direction and apply today!” Visit

to learn more.

Responsible for leading and developing a team of variable compensation administrators for the Mortgage Business and strive for continuous improvement in accuracy and efficiency.

Oversee the enhancement and documentation of variable compensation administration procedures and policies. Will play an integral role in collaborating with Compensation Manager, HR business partners and the business to ensure successful implementation of compensation plans.

Principal Accountabilities:

Lead the variable pay administration team to effectively complete payment calculations accurately and in an efficient manner according to Comp Plan rules, exception policies and key deadlines


Implement and Manage key controls over monthly commission and incentive processing and act as a coordinator with audit requirements.


Seek to continuously improve end-to-end processing and establish best practices to meet complex, dynamic and changing business needs.


Provide critical information and ad hoc analysis as requested by senior management.


Ability to work in a fast-paced, dynamic environment


Ability to acquire information, develop and assist in the arrangement for the implementation of all system changes.


Ability to develop, implement

and communicate polices and procedures once strategic direction is established.


Ability to lead small project teams for focused projects


Miscellaneous duties as assigned



Education level:
University (BA/BS) degree


Major Field of study:
Accounting or Finance.


Certifications or special training needed:

Total years and type of prior related experience:
5-7 years of variable compensation administration experience

2 years of supervisory experience

Working at GMAC Mortgage is Rewarding!

GMAC Mortgage compensation program offers market-competitive base pay and above-market bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid-time-off program and emphasis on work-life balance.

GMAC Mortgage Offers Competitive Benefits:
401K Matching and Company Contributions

Paid Time Off (Roll-over up to 150%)

Variable Pay (bonuses)

Tuition Reimbursement

Comprehensive Health Insurance Coverage

Vendor Partnership Discount Program

Charitable Gift Contribution Matching

Adoption Assistance

GMAC Mortgage is an equal opportunity employer in that our policy, in accordance with federal & state laws, prohibits employment discrimination solely on the basis of a person's race, color, creed, sexual orientation, sex, marital status, or disability except where a reasonable, bona fide occupational qualification exists.


Human Resources

Primary Location

United States-Pennsylvania-FORT WASHINGTON


Human Resources - 5001001962



Job Posting

Jul 24, 2012, 10:15:28 AM

Ally Financial - 20 months ago - save job - block
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