Incentive Plan Analyst

U.S. Bank•Minneapolis, MN
•$66,640 - $78,400•Hybrid

About The Position

The Incentive Plan Analyst administers incentive plans for various lines of business. The role consults with assigned business lines about incentive plan modifications and advanced incentive processing; calculates incentive payments, audits results for reasonableness, and submits payments to payroll. The analyst performs advanced data validation and research and supports customers by answering complex questions about incentive plans and source data. When Learning Services resources are unavailable, the analyst develops training materials and conducts training for business-line employees. The role also communicates results, reports, and guidance or recommendations professionally. This position requires working from a U.S. Bank location three or more days per week. The listed pay range is $66,640 to $78,400; the actual range may vary by location.

Requirements

  • Bachelor's degree or equivalent work experience.
  • Three to five years of related experience.
  • Thorough knowledge of incentive plans and processing.
  • Well-developed knowledge of an assigned business line or functional area.
  • Well-developed organizational and analytical skills.
  • Ability to manage multiple tasks, projects, and deadlines simultaneously.
  • Ability to analyze, identify, and resolve incentive-related data exceptions.

Nice To Haves

  • Knowledge of how to use CoPilot, PowerQuery, and PowerBI is a plus but not required.

Responsibilities

  • Administer incentive plans for various lines of business.
  • Consult with assigned business lines regarding incentive plan modifications and advanced incentive processing.
  • Calculate incentive payments, perform reasonability audits, and submit payments to payroll.
  • Perform advanced data validation and research.
  • Answer complex customer questions related to incentive plans and source data.
  • Develop training materials and conduct training sessions for business-line employees when Learning Services resources are unavailable.
  • Communicate results, reports, and guidance or recommendations professionally.

Benefits

  • Healthcare coverage, including medical, dental, and vision.
  • Basic term and optional term life insurance.
  • Short-term and long-term disability insurance.
  • 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
  • Incentive and recognition programs.
  • Equity stock purchase.
  • 401(k) contribution and pension, subject to eligibility requirements.
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