Canopy Mortgage
Description
Process bi-weekly and/or semi-monthly payroll for corporate staff, branch employees, and commissioned loan originators
Calculate and process:
Hourly wages and salaried compensation
Commissions and LO compensation per approved compensation plans, in coordination with Staff Accountant
Discretionary and non-discretionary bonuses
Overtime, PTO, and other wage components
Draws, Advances and Recoveries, including reconciliations of balances due
Annual taxable stipends and/or other wage gross up activities in accordance with company policies
Review payroll registers prior to submission and resolve discrepancies
Payroll Processing & Administration
Process bi-weekly and/or semi-monthly payroll for corporate staff, branch employees, and commissioned loan originators
Calculate and process:
Hourly wages and salaried compensation
Commissions and LO compensation per approved compensation plans, in coordination with Staff Accountant
Discretionary and non-discretionary bonuses
Overtime, PTO, and other wage components
Draws, Advances and Recoveries, including reconciliations of balances due
Annual taxable stipends and/or other wage gross up activities in accordance with company policies
Review payroll registers prior to submission and resolve discrepancies
Mortgage‑Specific Compensation Oversight
Enter/create and/or review/confirm timely and accurate entry of all commission and bonus profiles for new employees and existing employee plan changes
Process LO compensation in accordance with:
Dodd‑Frank and Regulation Z LO Compensation rules
Company‑approved LO compensation plans
Restrictions on per‑loan or transaction‑based discretion
Coordinate with Accounting and Compliance to ensure:
Commission amounts align with funded loan reports
No prohibited compensation adjustments are made
Audit documentation is retained for exams and internal reviews
Payroll Taxes, Employee Benefits And Compliance
Ensure proper withholding and remittance of:
Federal, state, and local payroll taxes
Multi‑state tax allocations for remote and branch employees
Login and verify current tax rates (SUI and other) and ensure timely update in Paylocity
Ensure proper withholding and accruals of Employer and employee paid premiums associated with all employee benefit plans/programs
Maintain compliance with:
Wage and hour laws (FLSA)
State‑specific payroll requirements
Garnishments, levies, and child support orders
Assist with quarter‑end and year‑end payroll reporting (941s, W‑2s, state filings)
Employee Support & HR Coordination
Respond to employee payroll inquiries professionally and confidentially
Assist with:
New hire payroll setup, confirming accuracy & completion
Termination pay processing, including writing off benefit balances in arrears
PTO balances and final pay compliance
Coordinate with HR on benefit deductions, changes, and eligibility
Controls, Documentation & Audit Support
Maintain payroll files, approvals, and supporting documentation
Participate timely and wholly in department organizational workflows such as month end checklists, workflow checklists, change management checklists, and other as assigned
Ensure segregation of duties and adherence to internal control procedures
Support internal audits, external audits, and regulatory exams as needed
Identify process improvement opportunities to increase efficiency and accuracy
Requirements
Bachelor’s degree in Accounting or Business related field, or experience in lieu
1‑2 years of accounting and/or payroll experience, preferably in financial services, mortgage, or banking industries.
Familiarity with HRIS systems such as Paylocity or similar
Strong understanding of payroll cycle, commission calculations and/or other mortgage related accounting and payroll procedures.
Proficient with Microsoft Excel
Strong organizational skills and attention to detail.
Ability to meet deadlines, prioritize tasks, and work independently with minimal supervision.
Strong analytical skills and ability to investigate and resolve discrepancies.
Excellent communication skills, both written and verbal.
Working Conditions
Standard office environment; remote flexibility may be considered at discretion of management
Will consider remote candidate
$55K-72K DOE, including bonus.
Seniority level
Entry level
Employment type
Full‑time
Job function
Human Resources
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Process bi-weekly and/or semi-monthly payroll for corporate staff, branch employees, and commissioned loan originators
Calculate and process:
Hourly wages and salaried compensation
Commissions and LO compensation per approved compensation plans, in coordination with Staff Accountant
Discretionary and non-discretionary bonuses
Overtime, PTO, and other wage components
Draws, Advances and Recoveries, including reconciliations of balances due
Annual taxable stipends and/or other wage gross up activities in accordance with company policies
Review payroll registers prior to submission and resolve discrepancies
Payroll Processing & Administration
Process bi-weekly and/or semi-monthly payroll for corporate staff, branch employees, and commissioned loan originators
Calculate and process:
Hourly wages and salaried compensation
Commissions and LO compensation per approved compensation plans, in coordination with Staff Accountant
Discretionary and non-discretionary bonuses
Overtime, PTO, and other wage components
Draws, Advances and Recoveries, including reconciliations of balances due
Annual taxable stipends and/or other wage gross up activities in accordance with company policies
Review payroll registers prior to submission and resolve discrepancies
Mortgage‑Specific Compensation Oversight
Enter/create and/or review/confirm timely and accurate entry of all commission and bonus profiles for new employees and existing employee plan changes
Process LO compensation in accordance with:
Dodd‑Frank and Regulation Z LO Compensation rules
Company‑approved LO compensation plans
Restrictions on per‑loan or transaction‑based discretion
Coordinate with Accounting and Compliance to ensure:
Commission amounts align with funded loan reports
No prohibited compensation adjustments are made
Audit documentation is retained for exams and internal reviews
Payroll Taxes, Employee Benefits And Compliance
Ensure proper withholding and remittance of:
Federal, state, and local payroll taxes
Multi‑state tax allocations for remote and branch employees
Login and verify current tax rates (SUI and other) and ensure timely update in Paylocity
Ensure proper withholding and accruals of Employer and employee paid premiums associated with all employee benefit plans/programs
Maintain compliance with:
Wage and hour laws (FLSA)
State‑specific payroll requirements
Garnishments, levies, and child support orders
Assist with quarter‑end and year‑end payroll reporting (941s, W‑2s, state filings)
Employee Support & HR Coordination
Respond to employee payroll inquiries professionally and confidentially
Assist with:
New hire payroll setup, confirming accuracy & completion
Termination pay processing, including writing off benefit balances in arrears
PTO balances and final pay compliance
Coordinate with HR on benefit deductions, changes, and eligibility
Controls, Documentation & Audit Support
Maintain payroll files, approvals, and supporting documentation
Participate timely and wholly in department organizational workflows such as month end checklists, workflow checklists, change management checklists, and other as assigned
Ensure segregation of duties and adherence to internal control procedures
Support internal audits, external audits, and regulatory exams as needed
Identify process improvement opportunities to increase efficiency and accuracy
Requirements
Bachelor’s degree in Accounting or Business related field, or experience in lieu
1‑2 years of accounting and/or payroll experience, preferably in financial services, mortgage, or banking industries.
Familiarity with HRIS systems such as Paylocity or similar
Strong understanding of payroll cycle, commission calculations and/or other mortgage related accounting and payroll procedures.
Proficient with Microsoft Excel
Strong organizational skills and attention to detail.
Ability to meet deadlines, prioritize tasks, and work independently with minimal supervision.
Strong analytical skills and ability to investigate and resolve discrepancies.
Excellent communication skills, both written and verbal.
Working Conditions
Standard office environment; remote flexibility may be considered at discretion of management
Will consider remote candidate
$55K-72K DOE, including bonus.
Seniority level
Entry level
Employment type
Full‑time
Job function
Human Resources
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