Incentive Plan Analyst

Posted:
8/29/2024, 6:56:58 AM

Location(s):
Minneapolis, Minnesota, United States ⋅ Minnesota, United States

Experience Level(s):
Junior

Field(s):
Business & Strategy ⋅ Product

Workplace Type:
Hybrid

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

U.S. Bank’s Incentive Plan Administration team is hiring an Incentive Plan Analyst. The role is responsible for administration of multiple incentive plans within the Wealth, Corporate, Commercial and Institutional Banking business area. This position necessitates ability to complete work in timely and accurate fashion. The primary systems used by this team are Microsoft Access and Excel and will expand to include Power Bi. In this role, you’ll use critical thinking, analytical and research skills. This role will calculate incentive payments, perform reasonability audits on results and payment submission to payroll, as well as performing advanced data validation and research.  Supports business line customers by providing ongoing support by answering basic to complex questions related to incentive plans and source data. Professionally communicates results, reports, and guidance/recommendations.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Two or more years of related experience

Preferred Skills/Experience

-  Strong attention to detail and critical thinking skills

- Intermediate skills in Microsoft Excel, including Pivot Tables, V-Look ups, calculations and work with large data sets

- Familiarity with Microsoft Access and/or Power Bi is a plus

- Professional verbal and written communication skills

- Ideal candidate has work experience that involves research, analysis and problem solving within datasets
- Well-developed organizational, critical thinking, problem solving, process improvement and analytical skills
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Ability to analyze, identify and resolve incentive related data exceptions
 

Location: The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

  • 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $69,360.00 - $81,600.00 - $89,760.00

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.