Compensation Analyst Senior

Associated Banc‑Corp; United States; Remote; USD 80,290 - 137,640; Full time

Benefits offered by this job

401(k) and Pension plans

Paid time off

Employee stock purchase plan

Professional development opportunities

Diversity-focused colleague groups

Job summary

Associated Bank is seeking a Senior Compensation Analyst to shape compensation programs that attract, retain, and reward top talent.

You will partner with HR, Finance, Risk, Legal, and business lines to deliver data-driven compensation strategies, incentive design, and governance support while expanding Total Rewards expertise.

Qualifications

• Bachelor's degree in HR, Finance, Business Administration, or related field; or equivalent combination of education and experience.
• 5+ years of experience administering and analyzing compensation programs.
• Experience developing financial models, market analyses, and compensation recommendations.
• Strong analytical, project management, communication, and problem-solving skills.
• Experience working with compensation systems and Microsoft Excel.

Responsibilities

• Analyze compensation programs, market data, and financial models to support competitive, equitable pay practices.
• Partner with HR Business Partners and business leaders to provide compensation guidance and consultative support.
• Develop incentive compensation analyses, financial models, and scenario planning to evaluate plan effectiveness and business impact.
• Manage compensation data, reporting, and system administration across platforms such as Workday, Payfactors, and other compensation tools.
• Coordinate annual compensation planning activities, including salary, bonus, equity, and incentive processes.
• Prepare governance materials, plan documentation, and committee presentations while supporting regulatory compliance and enterprise risk management.
• Collaborate with Finance, Legal, Risk, HR, and business stakeholders to implement compensation initiatives and continuous process improvements.

Skills

Analytical skills

Project management

Communication

Problem-solving

Education

Bachelor's degree in Human Resources

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Tools

Workday Compensation

Payfactors

Microsoft Excel

Job description

Role Summary

Join Associated Bank as a Senior Compensation Analyst and play a key role in shaping compensation programs that attract, retain, and reward top talent. In this role, you'll partner with leaders across HR, Finance, Risk, Legal, and business lines to deliver data‑driven compensation strategies, incentive plan design, and governance support. This is an excellent opportunity to influence enterprise‑wide compensation programs while expanding your expertise in Total Rewards.

Key Accountabilities

• Analyze compensation programs, market data, and financial models to support competitive, equitable, and business‑aligned pay practices.
• Partner with HR Business Partners and business leaders to provide compensation guidance, recommendations, and consultative support.
• Develop incentive compensation analyses, financial models, and scenario planning to evaluate plan effectiveness and business impact.
• Manage compensation data, reporting, and system administration across platforms such as Workday, Payfactors, and other compensation tools.
• Coordinate annual compensation planning activities, including salary, bonus, equity, and incentive compensation processes.
• Prepare governance materials, plan documentation, and committee presentations while supporting regulatory compliance and enterprise risk management.
• Collaborate with Finance, Legal, Risk, HR, and business stakeholders to implement compensation initiatives and continuous process improvements.

Education & Experience Required

• Bachelor's degree in Human Resources, Finance, Business Administration, or a related field, or an equivalent combination of education and experience.
• 5+ years of experience administering and analyzing compensation programs.
• Experience developing financial models, market analyses, and compensation recommendations.
• Strong analytical, project management, communication, and problem‑solving skills.
• Experience working with compensation systems and Microsoft Excel.

Preferred

• Certified Compensation Professional (CCP) certification or the ability to obtain within 3–5 years.
• Certified Sales Compensation Professional (CSCP) certification or the ability to obtain within 3–5 years.
• Experience supporting incentive compensation plan design, governance, and administration.
• Experience with Workday Compensation, Payfactors, or similar compensation platforms.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity‑focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well‑being programs and incentives, parental leave, an employee stock purchase plan, military benefits and more.
• Personal banking, loan, investment and insurance benefits.

Compensation Range

$80,290.00 – $137,640.00 per year (actual pay may vary based on location, skills, experience, education, and qualifications).

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. 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. Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR. Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline. Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [e-mail] if you need an accommodation at any time during the process. Associated Banc‑Corp participates in the E‑Verify Program. E‑Verify Notice English or Spanish. Know Your Right to Work English or Spanish. Associated Bank is Pay Transparency compliant. The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.