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Incentive Plan Analyst
- US Bank (Minneapolis, MN)
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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Responsible for administering various Line of Business incentive plans for the company. Consults with assigned business lines regarding modification of incentive plans and advanced incentive processing. Calculates incentive payments, performs reasonability audits on the results, and submits payments to payroll. Performs advanced data validation and research. Provides ongoing support to customers by answering complex questions related to incentive plans and source data. Develops training materials and conducts training sessions for business line employees when Learning Services resources are not available. Professionally communicates results, reports, and guidance/recommendations.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Five to eight years of related experience
Preferred Skills/Experience
- Thorough knowledge of incentive plans and processing
- Advanced knowledge of assigned business line or functional area
- Well-developed organizational and analytical skills
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Ability to analyze, identify and resolve incentive related data exceptions
- Advanced incentive software processing development and reporting skills which includes MS Excel, Access visual basic programming, testing and maintenance of databases and processes outside of ICM (Incentive Compensation Management) as well as advanced knowledge of ICM web client
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
+ Healthcare (medical, dental, vision)
+ Basic term and optional term life insurance
+ Short-term and long-term disability
+ Pregnancy disability and parental leave
+ 401(k) and employer-funded retirement plan
+ Paid vacation (from two to five weeks depending on salary grade and tenure)
+ Up to 11 paid holiday opportunities
+ Adoption assistance
+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
E-Verify
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $81,515.00 - $95,900.00
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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