Incentive Analyst

Regions Bank; Hoover (AL); On-site; USD 57,000 - 69,000; Full time

Benefits offered by this job

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

Job summary

Regions Bank is hiring an Incentive Analyst to administer corporate incentive plans and provide reporting from incentive applications with moderate supervision. The role supports plan design changes, analyzes sales performance, and develops payout models.

The position requires a bachelor’s degree with two years of related experience or a high school diploma plus six years in incentive experience. Banking experience and SAP Commissions knowledge are preferred.

Qualifications

• Bachelor’s degree and two years of related experience or High School Diploma/GED and six years of incentive experience.
• Banking experience preferred.
• Experience with Systems, Applications, & Products in Data Processing (SAP) Commissions software and data reporting tools is a plus.

Responsibilities

• Conducts analysis required to recommend plan design changes and help with sales performance.
• Develops models to determine incentive plan payouts.
• Interacts with various levels of management concerning incentive plan design, payouts and sales performance.
• May work as a liaison with technology/vendors and end users to address user issues.
• Audits and validates results between systems of record and end results as needed.
• Responsible for ad hoc analysis as requested.
• Uses prescribed guidelines or policies to analyze and resolve problems.

Skills

Analytical skills

Communication skills

Detail oriented

Excel/Access/PowerPoint

Microsoft Office proficiency

Education

Bachelor’s degree + 2 years related experience

HS Diploma/GED + 6 years incentive experience

Tools

SAP Commissions

Crystal Reports

SQL Reporting

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

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, with moderate supervision.

Primary Responsibilities

• Conducts analysis required to recommend plan design changes and to help with sales performance
• Develops models to determine incentive plan payouts
• Interacts with various levels of management concerning incentive plan design and payouts and sales performance
• May work as a liaison with technology/vendors and end users to address user issues
• Audits and validates results between the systems of record and end results as needed
• Responsible for ad hoc analysis as requested
• Uses prescribed guidelines or policies to analyze and resolve problems
• Receives a moderate level of guidance and direction

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 two (2) years of related experience
• OR High School Diploma/GED and six (6) 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

• Demonstrated ability to learn software/business intelligence tools
• Excellent verbal/written communication skills
• Intermediate analytical 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 may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must be currently authorized to work in the United States on a full-time basis.

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.

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 which 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:

$62,841.35 USD

Median:

$81,670.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• 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 click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Riverchase Complex North Building

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

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.