Senior Compensation Consultant

Ameriprise•Minneapolis, MN

6d•Hybrid

About The Position

Shape compensation strategy for some of Ameriprise's most critical businesses, including U.S. Wealth Management, RiverSource Insurance & Annuities, and Field Operations. As a Senior Compensation Consultant, you'll partner directly with business leaders to deliver market insights, solve complex workforce challenges, and influence talent decisions that attract, retain, and motivate top talent. We're seeking a strategic advisor with strong business acumen, executive presence, and the ability to build credibility and influence across all levels of the organization.

Requirements

Bachelor's degree or equivalent experience.
7+ years of experience in compensation, total rewards, HR consulting, or a related field.
Strong business acumen and experience advising leaders on complex workforce issues.
Excellent analytical, problem-solving, and communication skills, with the ability to influence diverse stakeholders.
Advanced Excel and data analysis capabilities.
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Nice To Haves

Compensation consulting experience in financial services or another complex, highly regulated industry.
Experience with market pricing, salary structures, job evaluation, compensation surveys, and HR technology.
Experience supporting leaders through organizational growth and change.
Certified Compensation Professional (CCP) designation.

Responsibilities

Partner with Business Leaders: Serve as the primary compensation consultant for assigned business areas. Build trusted partnerships with business leaders and HR teams to understand priorities and translate them into practical compensation strategies. Advise on hiring, promotions, organizational changes, career progression, and retention.
Deliver Market Intelligence and Strategic Analysis: Conduct market pricing and competitive analyses using survey data and industry benchmarks. Analyze market and workforce trends to identify risks, opportunities, and emerging practices. Recommend pay positioning and compensation structures that balance competitiveness, internal equity, and business needs.
Lead Compensation Projects and Initiatives: Lead or support enterprise and business-specific compensation initiatives. Support annual compensation planning, pay program reviews, job evaluations, and career framework work. Improve compensation processes and program effectiveness.
Support Executive and Leadership Decisions: Prepare clear, decision-focused analyses and presentations for senior leaders and executive reviews. Develop recommendations that reflect business priorities, market competitiveness, internal equity, and governance.
Educate and Influence: Serve as a compensation subject matter expert and provide practical guidance to leaders, HR partners, and employees. Explain compensation philosophy, market dynamics, policies, and pay decisions in clear business terms.