Sr Incentive Consultant

Citizens•Johnston, RI
•$92,000 - $119,000

About The Position

The Senior Incentive Consultant administers applicable line-of-business variable compensation plans and maintains a sound governance structure to support well-founded decision-making and plan administration. This senior role supports day-to-day plan processes, credit requests and disputes, controls, incentive modeling, performance management, and sales-related analysis. The consultant also contributes as a senior member of the immediate team and the broader Sales Performance Management team, helping strengthen the team and develop colleagues’ skills.

Requirements

  • At least 5 years of experience in sales incentive compensation, sales performance management, compensation administration, business analytics, or a related field, including experience supporting complex incentive programs.
  • Demonstrated experience administering incentive plans, including calculation and payout validation, data reconciliation, issue resolution, and adherence to plan governance and controls.
  • Strong analytical and problem-solving skills, including analyzing complex data, identifying trends and discrepancies, and translating findings into actionable recommendations.
  • Advanced Microsoft Excel skills and experience working with large or complex data sets.
  • Ability to manage multiple priorities and deadlines in a high-volume environment while maintaining attention to detail and accuracy.
  • Strong written and verbal communication skills, including the ability to explain complex incentive concepts and partner effectively with business stakeholders.
  • Demonstrated ability to identify process improvements and develop more efficient, streamlined, or automated approaches.

Nice To Haves

  • Bachelor’s degree in business, Finance, Human Resources, Analytics, or a related field.
  • Experience in financial services, banking, or another highly regulated industry.
  • Experience with incentive compensation management platforms, such as Varicent or similar ICM systems.
  • Experience with incentive plan design, modeling, forecasting, and plan-effectiveness analysis.
  • Experience partnering across Finance, HR, Risk, Compliance, and business leadership.
  • Experience supporting training, change management, or implementation of new or revised incentive programs.

Responsibilities

  • Administer applicable line-of-business variable compensation plans and oversee the day-to-day processes required to manage them.
  • Improve the quality and productivity of plan administration processes and identify efficiency gains.
  • Disposition credit requests and disputes within plan guidelines, acting as a first-level decision authority for credit requests.
  • Monitor plan controls and governance, evaluate credit-request data and trends, and recommend remedial action to mitigate risks.
  • Maintain a sound governance structure that supports transparent, well-founded decision-making and administration.
  • Assist with incentive modeling to support forecasting and budgeting.
  • Deliver the Incentive Performance Management Framework, including targets, measurements, and assessments, for the applicable line-of-business organization.
  • Develop sales and incentive-related analysis for the applicable line-of-business organization, including ongoing performance analysis, contribution to sales/revenue, and total compensation views for positions.
  • Contribute as a senior team member to the immediate team and broader Sales Performance Management team, fostering a strong team and helping improve colleagues’ skills.

Benefits

  • Competitive pay and opportunity to earn an annual discretionary bonus.
  • Comprehensive medical coverage.
  • Dental coverage.
  • Vision coverage.
  • Retirement benefits.
  • Maternity and paternity leave.
  • Flexible work arrangements.
  • Education reimbursement.
  • Wellness programs.
  • Paid time off policy exceeding mandatory paid sick or paid time-away policies in every local and state jurisdiction in the United States.
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