Discretionary Incentive Administration Analyst

Regions Bank; Hoover (AL); On-site; USD 96,146 - 132,970; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Life Insurance

Job summary

Regions Bank in Hoover, Alabama, is seeking an Incentive Analyst to administer and analyze incentive plans. The role involves creating models for incentive payouts, interacting with management on plan designs, and leading a team. Candidates need a bachelor's degree and at least six years of related experience, or a high school diploma and ten years of experience. The position is full-time and primarily onsite, with competitive compensation in the range of $96,146 to $132,970.

Qualifications

• 6 years of related experience or 10 years of incentive experience without a degree.
• Ability to supervise and manage a team effectively.
• Advanced analytical and problem-solving capabilities essential.

Responsibilities

• Conduct analysis for plan design changes and sales performance.
• Develop models for incentive plan payouts.
• Interact with management regarding incentive plan designs.

Skills

Analytical capabilities

Team supervision

Communication skills

Proficiency in Microsoft Office Suite

Detail oriented

Education

Bachelor's degree

High School Diploma/GED

Tools

SAP Commissions software

Crystal Reports

SQL Reporting

Job description

Job Description

At Regions, the Incentive Analyst helps to administer corporate line of business incentive plans. This position develops and provides reporting from incentive applications.

Primary Responsibilities

• Conduct analysis required to recommend plan design changes and to help with sales performance
• Develop models to determine incentive plan payouts
• Interact with various levels of management concerning incentive plan design and payouts and sales performance
• Work as a liaison with technology/vendors and end users to address user issues
• Audit and validate results between the systems of record and end results as needed
• Provide ad hoc analysis as requested
• Lead a team of associates
• Maintain specialized depth and/or breadth of expertise in own discipline or function
• Interpret internal or external issues and recommend solutions/best practices
• Solve complex problems and take a broad perspective to identify solutions
• Work independently, with guidance only in the most complex situations
• Serve as a Subject Matter Expert (SME)

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelor’s degree and six (6) years of related experience
• OR High School Diploma/GED and ten (10) years of incentive experience

Preferences

• Banking experience
• Experience with Systems, Applications, & Products in Data Processing (SAP) Commissions software
• Database reporting with tools such as Crystal Reports and Structured Query Language (SQL) Reporting

Skills and Competencies

• Ability to supervise and manage a team
• Advanced analytical and problem‑solving capabilities
• Demonstrated ability to learn software/business intelligence tools
• Demonstrated leadership capabilities
• Excellent verbal and written communication skills
• Must be detail oriented, with the ability to multitask
• Proficient Microsoft Office Suite skills and a strong working knowledge of Access and PowerPoint

Prior credit experience preferred for the scorecard auditing portion of this position.

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in‑office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.

Position Type

Full time

Compensation Details

Pay ranges are job‑specific and are provided as a point‑of‑market reference for compensation decisions. Other factors that directly impact pay for individual associates include experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target

• Minimum: $96,146.05 USD
• Median: $132,970.00 USD

Incentive Pay Plans

This job may participate in an annual discretionary bonus plan.

Benefits Information

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please refer to the company’s benefits information.

Location Details

Riverchase Complex North Building, Hoover, Alabama

Equal Opportunity Statement

Equal Opportunity Employer/including Disabled/Veterans

Application Process

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher‑volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.