Senior Compensation Analyst - Total Rewards & Incentives

Associated Bank - Corp; Chicago (IL); On-site; USD 80,000 - 138,000; Full time

Benefits offered by this job

401(k) and Pension plans

Paid time off

Diversity-focused colleague groups

Career development opportunities

Well-being programs and benefits

Job summary

Associated Bank is seeking a Senior Compensation Analyst to shape enterprise compensation programs and governance. You will partner with HR, Finance, Risk, Legal, and business lines to deliver data-driven strategies and incentive plan design.

You will manage data across platforms like Workday and Payfactors, coordinate annual planning, and prepare governance materials for committees. The role emphasizes compliance and continuous process improvement.

Qualifications

• Bachelor's degree in HR, Finance, Business Administration or related field.
• 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 with compensation systems and Microsoft Excel.

Responsibilities

• Analyze compensation programs, market data, and financial models to support pay practices.
• Partner with HR Business Partners and leaders to provide guidance and consultative support.
• Develop incentive compensation analyses, financial models, and scenario planning.
• Manage compensation data, reporting, and system administration across platforms.
• Coordinate annual compensation planning activities including salary, bonus, and equity processes.
• Prepare governance materials and committee presentations while supporting compliance and risk management.
• Collaborate with Finance, Legal, Risk, HR, and business stakeholders on initiatives.

Skills

Strong analytical

Project management

Communication

Problem solving

Microsoft Excel

Education

Bachelor's degree in HR/Finance/Business

Certified Compensation Professional (CCP)

Certified Sales Compensation Professional (CSCP)

Tools

Workday Compensation

Payfactors

Microsoft Excel

Job description

Associated Bank is seeking a Senior Compensation Analyst to shape enterprise compensation programs and governance. You will partner with HR, Finance, Risk, Legal, and business lines to deliver data-driven strategies and incentive plan design.

You will manage data across platforms like Workday and Payfactors, coordinate annual planning, and prepare governance materials for committees. The role emphasizes compliance and continuous process improvement.