Associated Bank

Compensation Analyst Senior

Associated Bank$80K — $137K *
US-Anywhere
+ 4 other locationsRemote
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Finance, Business Administration, or related field (or equivalent experience).
  • 5+ years in compensation program administration and analysis.
  • Proven experience in financial models and compensation recommendations.
  • Strong analytical, project management, communication, and problem-solving skills.
  • Proficient in compensation systems and Microsoft Excel.
  • Preferred: CCP and CSCP certifications (or similar qualifications).
  • Familiarity with Workday Compensation, Payfactors, or similar tools.

Responsibilities

  • Analyze compensation programs and market data for equitable pay practices.
  • Collaborate with HR and business leaders to provide compensation consultations and guidance.
  • Develop financial models and scenario planning for incentive compensation effectiveness.
  • Manage compensation data and system administration across platforms.
  • Coordinate annual compensation planning activities including salary and incentive processes.
  • Prepare governance materials and documentation for compliance and risk management.
  • Support the implementation of compensation initiatives through collaboration with stakeholders.

Benefits

  • Retirement savings options including 401(k) and pension plans.
  • Generous paid time off for community volunteering.
  • Opportunities to join diversity-focused Colleague Resource Groups.
  • Investment in professional development and career advancement.
  • Bonus benefits like well-being programs, parental leave, and a stock purchase plan.
  • Access to personal banking, loans, and insurance benefits.
Full Job Description
Role Summary Join Associated Bank as a Senior Compensation Analyst and play a key role in shaping compensation programs that attract, retain, and reward top talent. In this role, youll partner with leaders across HR, Finance, Risk, Legal, and business lines to deliver data-driven compensation strategies, incentive plan design, and governance support. This is an excellent opportunity to influence enterprise-wide compensation programs while expanding your expertise in Total Rewards. Key Accountabilities • 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. Education & Experience Required • Bachelors degree in Human Resources, Finance, Business Administration, or a related field, or an equivalent combination of education and experience. • 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 working with compensation systems and Microsoft Excel. Preferred • Certified Compensation Professional (CCP) certification or the ability to obtain within 3-5 years. • Certified Sales Compensation Professional (CSCP) certification or the ability to obtain within 3-5 years. • Experience supporting incentive compensation plan design, governance, and administration. • Experience with Workday Compensation, Payfactors, or similar compensation platforms. Why Youll Love Working Here At Associated Bank, youll join a collaborative team that values innovation, continuous learning, and meaningful partnership across the organization. Youll have opportunities to influence enterprise compensation strategies, work alongside experienced Total Rewards professionals, and contribute to programs that support our colleagues and business success. Apply today to make an impact. In addition to core traditional benefits, we take pride in offering benefits for every stage of life. • Retirement savings including both 401(k) and Pension plans. • Paid time off to volunteer in your community. • Opportunities to connect with others through our diversity-focused Colleague Resource Groups. • Competitive salaries with professional development and advancement opportunities. • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more. • Personal banking, loan, investment and insurance benefits. The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range. $80,290.00 - $137,640.00 per year

About Associated Bank

Associated Bank is a regional bank that provides a wide range of financial products and services to individuals, businesses, and organizations. The bank offers personal and business banking, wealth management, and insurance services, and operates more than 200 locations throughout Wisconsin, Illinois, and Minnesota. Associated Bank was founded in 1861 and has a long history of serving its communities and customers. The bank is committed to providing exceptional customer service and building strong relationships with its customers.
Learn more about Associated Bank
Size
4,900 employees
Industry
Founded
1874

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