Discretionary Incentive Administration Analyst

Regions Bank•Hoover, AL

1d•Onsite

About The Position

At Regions, the Incentive Analyst helps to administer corporate line of business incentive plans. This position develops and provides reporting from incentive applications. The role involves conducting analysis required to recommend plan design changes and to help with sales performance, developing models to determine incentive plan payouts, and interacting with various levels of management concerning incentive plan design, payouts, and sales performance. The analyst may also work as a liaison with technology/vendors and end users to address user issues, audit and validate results between the systems of record and end results as needed, and is responsible for ad hoc analysis. This position may lead a team of associates and requires specialized depth and/or breadth of expertise in its discipline or function. The incumbent will interpret internal or external issues and recommend solutions/best practices, solve complex problems, and take a broad perspective to identify solutions. They will work independently, with guidance in only the most complex situations, and may serve as a Subject Matter Expert (SME). This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

Bachelor’s degree and six (6) years of related experience OR High School Diploma/GED and ten (10) years of incentive experience
Ability to supervise and manage a team
Advanced analytical and problem-solving capabilities
Demonstrated ability to learn software/business intelligence tools
Demonstrated leadership capabilities
Excellent verbal and written communication skills
Must be detail oriented, with the ability to multitask
Proficient Microsoft Office Suite skills and a strong working knowledge of Access and PowerPoint

Nice To Haves

Banking experience
Experience with Systems, Applications, & Products in Data Processing (SAP) Commissions software
Database reporting with tools such as Crystal Reports and Structured Query Language (SQL) Reporting Skills
Prior credit experience preferred for the scorecard auditing portion of this position

Responsibilities

Conducts analysis required to recommend plan design changes and to help with sales performance
Develops models to determine incentive plan payouts
Interacts with various levels of management concerning incentive plan design and payouts and sales performance
May work as a liaison with technology/vendors and end users to address user issues
Audits and validates results between the systems of record and end results as needed
Responsible for ad hoc analysis as requested
May lead a team of associates
Maintains specialized depth and/or breadth of expertise in own discipline or function
Interprets internal or external issues and recommends solutions/best practices
Solves complex problems and takes a broad perspective to identify solutions
Works independently, with guidance in only the most complex situations
May serve as a Subject Matter Expert (SME)