Incentive Compensation Management (ICM) Product Consultant

U.S. Bank National Association • Minneapolis, MN

1d • $92,820 - $109,200 • Hybrid

About The Position

The HR Product team is hiring a Varicent ICM (Incentive Compensation Management) Product Consultant. We are looking for someone with a flexible and nimble working style to join our Agile delivery team focused on calculating incentive compensation within Varicent ICM. As a Product Consultant supporting multiple incentive compensation plans, you should be comfortable shifting quickly to new priorities and delivering outcomes based on business needs. This position requires strong technical/functional expertise and an eagerness to design, troubleshoot, and continually assess and enhance our product solutions. A strong desire for learning and an appetite for new technology within the HR ecosystem, will make you successful in this position.

Requirements

• Bachelor's degree in Information Systems or Computer Engineering, or equivalent work experience
• Two to four years of relevant technical experience

Nice To Haves

• Working knowledge of Varicent ICM
• Working knowledge of incentive/compensation functions of HR
• Comprehensive knowledge of HR business processes and the technology platforms used to support, including web and mobile capabilities
• Proficient analysis and research skills, i.e., ability to support complex system features, incidents, and future product state with the purpose of maintaining and improving delivery of services
• Basic knowledge of technology desktop software and tools (e.g. Microsoft office suite, Windows infrastructure), industry trends and tools and key enterprise software
• Working knowledge of HR functions and business rules including payroll, compensation, recruiting and staffing practices and benefits
• Working knowledge of one or more key platforms such as Workday, ServiceNow, Cornerstone, Varicent or other Cloud based HR solutions and end user experiences
• Effective verbal, written, and interpersonal communication skills, ability to lead meetings re: technical/functional design, demo, and feedback sessions
• Ability to identify threats and vulnerabilities in cloud environments
• Ability to work within the team to identify opportunities for knowledge and communication self-help
• Ability to read, design, analyze and update workflow, process flow or system diagrams
• Ability to breakdown complex compensation rules into structured, testable configuration
• Ability to gather requirements by facilitating working sessions and translating ambiguous business needs into clear functional specs
• Integration knowledge - understanding of data interfaces, staging/target tables, import specs and scheduler processes
• Hands-on experience configuring in Varicent or a comparable cloud-based ICM/SPM platform a plus

Responsibilities

• Support efforts to modernize reporting by converting legacy reports to Presenter Adaptive format, ensuring alignment with business needs and usability for end users.
• Provide guidance and recommendations on system functionality optimization, design, and enhancements to ensure the product keeps up with Varicent’s latest technology capabilities (artificial intelligence, workflows, virtual agents).
• Perform testing and analysis to ensure the system meets or exceeds customer requirements. Ensure design solutions are validated/tested to confirm the design is working as planned, downstream impact is considered, and additional problems are not inadvertently resulting from the change.
• Log and maintain tickets in Jira, which is our HR Product support application. Take ownership of issue though resolution. Communicate and educate business teams as needed on resolution.
• Analyze, understand and share learnings from peer groups, Varicent Community, and professional networks to build strong knowledge of the product. Share knowledge with team members.

Benefits

• 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

What This Job Offers

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