Director of Total Rewards

Associated Bank • Minneapolis, MN

1d • $183,120 - $313,920 • Remote

About The Position

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. Lead and evolve Associated Bank’s Total Rewards strategy to attract, retain, and motivate top talent across the enterprise. This role shapes compensation, benefits, and recognition programs while advising executive leadership and the Board on market trends and pay strategy. You’ll play a critical role in aligning rewards to business performance, financial priorities, and long-term growth.

Requirements

• Bachelor’s degree
• 10+ years of compensation and benefits leadership experience, preferably in financial services
• 10+ years of people leadership experience

Nice To Haves

• Master’s degree
• CCP (Certified Compensation Professional) certification

Responsibilities

• Drive the design and evolution of Total Rewards programs, including executive compensation, incentives, equity, benefits, and recognition.
• Lead enterprise compensation strategy, including job architecture, pay structures, and incentive plan design to ensure market competitiveness and internal equity.
• Partner with the CEO, CHRO, and Board to provide strategic guidance on executive pay, governance, and compensation risk.
• Oversee health, welfare, retirement, and well-being programs, ensuring strong vendor performance, cost management, and colleague experience.
• Align Total Rewards strategies with business and financial objectives through close collaboration with Finance and senior leaders.
• Leverage analytics and market benchmarking to inform decisions, optimize program effectiveness, and guide competitive positioning.
• Advise HR Business Partners and leaders with data-driven insights to support talent attraction, retention, and performance outcomes.
• Develop and lead a high-performing Total Rewards team while contributing to enterprise-wide HR strategy and workforce planning.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Director