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Incentive Plan Analyst

300 US Bank National Assoc
Richfield, MN Full Time
POSTED ON 10/6/2023 CLOSED ON 10/28/2023

What are the responsibilities and job description for the Incentive Plan Analyst position at 300 US Bank National Assoc?

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 U.S. Bank’s Incentive Plan Administration team is hiring! We’re looking for an analyst to join the team as an Incentive Plan Analyst. The role is responsible for administering business line incentive plans timely and accurately. Completes incentive plan administration including calculating incentive payments, performing reasonability audits on results and payment submission to payroll, as well as performing advanced data validation and research. Supports business line customers by providing ongoing support by answering basic to complex questions related to incentive plans and source data. Professionally communicates results, reports, and guidance/recommendations. Location: The role is eligible for a hybrid working model in any of the posted cities. Hybrid roles. Hybrid roles are a blend of office and remote work based on business needs. Basic Qualifications - Bachelor's degree, or equivalent work experience - Three to five years of related experience Preferred Skills/Experience - Strong attention to detail - Professional verbal and written communication skills - Basic to intermediate MS Excel and MS Access skills, with aptitude and desire for expanded skill acquisition - Thorough knowledge of incentive plans and processing - Ability to prepare requirements documentation to provide to technical staff on incentive plan changes needed in Varicent ICM (Incentive Compensation Management). - Well-developed knowledge of assigned business line or functional area - Well-developed organizational, critical thinking, problem solving and analytical skills - Ability to manage multiple tasks/projects and deadlines simultaneously - Ability to analyze, identify and resolve incentive related data exceptions - Incentive software processing development and reporting skills which includes MS Excel, MS Access, testing and maintenance of databases and processes outside of ICM as well as 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. Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company. 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 EEO is the Law U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. 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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $67,320.00 - $79,200.00 - $87,120.00 Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

Salary : $67,320 - $79,200

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