Incentive Plan Analyst at U.S. Bank

Minneapolis, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Apr, 26

Salary

84000.0

Posted On

05 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Incentive Plans, Data Validation, Analytical Skills, Organizational Skills, Advanced Software Processing, MS Excel, Power BI, Access, Visual Basic Programming, Incentive Compensation Management

Industry

Banking

Description

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 - Three to five years of related experience Preferred Skills/Experience - Thorough knowledge of incentive plans and processing - Well-developed 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, Power BI/Power Query, 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 Location Expectations This role requires working from a U.S. Bank location three (3) or more days per week. 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. 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 U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. 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, 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: $71,400.00 - $84,000.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. 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. 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.

Responsibilities

Responsible for administering various Line of Business incentive plans and consulting with business lines regarding modifications. Calculates incentive payments, performs audits, and provides ongoing support to customers.