Discretionary Incentive Administration Analyst
Regions Bank, Hoover, AL, United States
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.
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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.
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