Working at MBA

Working at MBA

Headquartered in Washington, D.C., the Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry. As an organization, we are committed to providing our members with unmatched value and unparalleled benefits. In doing so, we recognize that our most valuable resource is our employees. We have developed a positive and progressive culture, actively encouraging every MBA staff member to commit to our strategic objectives, to develop their own abilities and to share in our success. Recognition for individual and professional achievement at the Mortgage Bankers Association is a must and reinforced by a competitive benefits program and career growth opportunities.

MBA Benefits and Culture

Beyond working with amazing people at MBA, we also offer great benefits. Benefits begin on the first day of the month following the date of hire. If hired on the first day of the month, benefits are effective immediately.

Below is a brief overview of MBA's employee benefits. Download our 2020 MBA Employee Benefits Brochure for details. 

Employee Benefits at a Glance

Employee Benefits Overview

  • Medical
  • Dental 
  • Vision
  • 401(K) Savings Plan
  • Disability Insurance
  • Flexible Spendings & Health Savings Accounts
  • Paid Time Off
  • Health & Wellbeing

MedicalMedical, Dental and Vision

  • PPO Preferred Provider Organization
  • CDHP Consumer Driven Health Plan with health savings account
  • HMO Health Maintenance Organization


Dental

  • Preventative services paid at 100%
  • Basic services paid at 80% after $25 individual/$75 family deductible
  • Major services paid at 50% after deductible


Vision

  • Exam every plan year:$10 office co-pay
  • Lenses every plan year: $25 co-pay
  • Frames up to $180 every 12 months or contact lenses up to $150 every 12 months

401(K) Savings Plan

Retirement Program

  • Employer matching contributions 100% up to 6%
  • Vesting Schedule:
    • 100% vested in your own contributions and earnings
    • Employer match contributions vest over three years
    • 33% for one but less than two years of service
    • 66% for two but less than three years
    • 100% at three years of service

Income Protection

  • Short-Term Disability: Pays 100% of basic weekly wages
  • Long-Term Disability: Pays 66.6% of basic weekly wages up to a 15K monthly max

 

Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs)

FSA and HSA

  • FSA: Medical Reimbursement
  • FSA: Dependent Care Reimbursement
  • FSA: Transit and Parking Reimbursement
  • Employee Transit Program (Employer Provided)
  • HSA: Health Savings Account

Paid Time Off

Paid Time Off

  • Annual Leave: Based on position and length of employment, accrued on a per pay period basis
  • Sick Leave: 12 days/year
  • Holidays: 10 days/calendar year
  • 2020: Office closed between December 25 and January 1

Other Leave

Other Leave

  • Caregiver Leave: Up to 105 hours of paid leave for the birth or adoption of child. Or for the care of an ill or aging spouse, parent or grandparent.
  • Paid Military Leave: Up to 70 hours of paid leave annually.
  • Bereavement Leave

Health and Well-being

Health and Wellness

  • Employee Assistance Plan
  • Financial wellness seminars
  • One on One financial planning support
  • For New Employees: Eight on-site personal training sessions and two nutrition consultations
  • Self-pay personal training and nutrition consultation
  • Gym facilities available free of charge in DC office location
  • Biometric screenings
  • Flu shot Program
  • Wellness seminars
  • Fitness challenges
  • Fresh Fruit Delivery

More About Working at MBA

More About Working at MBA

  • 35 hour work week
  • Business casual work attire
  • Casual Friday attire
  • Charitable activity support
  • Matching donor gift program
  • Summer hours

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