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Incentive Compensation Analyst-1027644
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| Job Number: | 26891670 | | Company Name: | Associated Bank | | Job Location: | Green Bay, WI US | | Job Category: | Accounting & Finance | | Minimum Education: | High School Diploma |
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Incentive Compensation Analyst-1027644
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JOB SUMMARY
The Incentive Compensation Analyst administers, reviews, and provides analysis for Associated Bank incentive compensation programs.
KEY RESULT AREAS
• Analysis, Research, & Modeling
• Reconciling
• Reporting
• System & Plan Administration
• Workflow & Efficiency Analysis
JOB ACCOUNTABILITIES
The following are essential job accountabilities:
• Compiles, evaluates, and analyzes incentive compensation information and prepares analyses to guide design decisions for Associated Banc-Corp and affiliates.
• Responsible for plan administration, analysis, education, and marketing of the corporate 'No Boundaries' incentive plan.
• Reviews tracking and reporting of No Boundaries statistics such as program utilization, product review and pricing, and budget management with the eRefer coordinators as well as authorizes payments to payroll.
• Creates monthly, quarterly and annual reports to determine Incentive Compensation earned for all business lines.
• Creates measuring tools to assist senior management in monitoring the on-going results of commission plans including costs, key drivers/metrics, and revenue generation.
• Ensures compliance with established and approved Incentive Compensation plans and policy.
• Assists with the development of new plans or changes to existing plans to ensure the plan designs are economically viable for the company.
• Primary system administrator for the Enterprise Incentive Management System (EIMS). Knowledge of various administrative and systems initiatives supporting the incentive compensation delivery process.
• Develops formal training and communication documentation to provide continual improvement and alignment of incentive plans with business strategies and goals.
• Answers Incentive Compensation inquiries in an accurate and timely manner.
• Communicates with team members and other organizations such as; business line leaders, Human Resources field representatives, payroll, etc. to compile incentive compensation data.
• Collaborates with Line of Business Finance teams for incentive budgeting and Line of Business sales team for valuation of incentives.
Qualifications
JOB SPECIFICATIONS
Minimum Education: A Bachelor’s degree in Business Administration, Finance, Economics or relative quantitative discipline or an equivalent combination of education, training or experience Certified Compensation Professional (CCP) designation.
Preferred Experience: 3-5 years incentive compensation experience with background in incentive compensation in the financial services industry.
Special Skill Requirements: Knowledge of banking products, services, policies, procedures, and regulations to ensure compliance related to area of responsibility. The Ability to interface with senior Finance, Sales, and Human Resources management. A thorough understanding of cost/benefit analysis.
Project Management skills such as project coordination, identification of business needs, work plan, and time management.
Travel: 1-3 Days per month
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