Senior Compensation Analyst — Total Rewards & Strategy

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

Benefits offered by this job

401(k) and Pension plans

Paid time off to volunteer

Colleague Resource Groups

Competitive salaries and development

Well-being programs and incentives

Parental leave

Employee stock purchase plan

Military benefits

Personal banking benefits

Job summary

Associated Bank seeks a Senior Compensation Analyst to shape compensation programs that attract, retain, and reward top talent. You will partner with leaders across HR, Finance, Risk, Legal, and business lines to deliver data-driven compensation strategies, incentive plan design, and governance support.

Responsibilities include analyzing compensation programs, developing financial models, and coordinating annual compensation planning while ensuring regulatory compliance and enterprise risk

Qualifications

• Bachelor's degree in HR, Finance, Business Administration, or related field; equivalent experience
• 5+ years in administering and analyzing compensation programs
• Experience building financial models and market analyses
• Strong analytical, project management, and communication skills
• Experience with compensation systems and Microsoft Excel

Responsibilities

• 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.

Skills

Analytical skills

Project management

Communication

Problem solving

Excel

Education

Bachelor's degree: HR/Finance/Business

Tools

Workday

Payfactors

Compensation systems

Job description

Associated Bank seeks a Senior Compensation Analyst to shape compensation programs that attract, retain, and reward top talent. You will partner with leaders across HR, Finance, Risk, Legal, and business lines to deliver data-driven compensation strategies, incentive plan design, and governance support.

Responsibilities include analyzing compensation programs, developing financial models, and coordinating annual compensation planning while ensuring regulatory compliance and enterprise risk