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Incentive Plan Analyst

U.S. Bancorp

U.S. Bancorp

IT
Multiple locations
Posted on Saturday, June 1, 2024

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.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Two or more years of related experience

Preferred Skills/Experience

- Strong attention to detail

- Professional verbal and written communication skills

- Incentive software processing development and reporting skills which may include MS Excel, MS Access, MS PowerBi, MS Power Query, testing and maintenance of databases and processes outside of ICM, as well as knowledge of ICM web client

- 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

Location: The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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

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, 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: $69,360.00 - $81,600.00 - $89,760.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.