Compensation and Incentive Consultant

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.

The Compensation and Incentive Consultant is responsible for partnering cross functionally with business lines to provide analysis, program design, incentive compensation plan design, and consulting expertise for Associated Bank's colleague core compensation programs and incentive plans, as assigned. Manage the design and development of core compensation as well as multiple incentive, sales incentive, and commission plans and programs that motivate colleagues and support Associated Bank's business strategies and requirements. Partner with business line management and other key stakeholders for design, design effectiveness, communication, education, and implementation of the incentive/commission plans and policies for their business lines. Collaborate with the Incentive Compensation Administration team to ensure proposed plan design features and components can be objectively measured and reported can be objectively measured to ensure timely and accurate payments to colleagues. This role will also stay abreast of changing strategies, regulatory requirements and trends of incentive compensation programs and practices to support Associated Bank's competitive positioning. Deliver Company and HR initiative support as identified based on business needs.

This person will also:

• Collaborate with business line management, HR Business Partners, and Finance partners in core compensation and incentive plan design and administration.

• Be responsible for leading the strategic plan design, communication, education, and implementation of the incentive plans, programs, and policies for their business lines. Function as a subject matter expert on both core compensation and special incentive compensation programs.

• Act as consultant for the business lines and HR Business Partners on colleague compensation programs and plans.

• Evaluate, maintain and support the administration of colleague compensation programs through financial modeling, advanced analytics, research, and administration. Manage applicable salary survey processes and evaluate market data, trends, peer company pay practices to ensure competitiveness.

• Develop and perform financial modeling and advanced analytics to assist in the decision-making process to ensure alignment of incentive plan components to business line results and objectives. Research and validate metrics are clear, measurable, performance-based to achieve financial objectives while ensuring the appropriate management of risk in collaboration Risk and other groups as needed.

• Responsible for the annual sales incentive plan design process (and any mid-year or ad-hoc requests), including the creation, management and execution of the project plan to meet identified deadlines. Manages the business line incentive plan design teams, collaborates with team members to ensure deliverable deadlines are met and all required approvals are received. Oversee the implementation and development of all Sales incentive plans and programs in partnership with the business line and incentive plan administrative team.

• Create and delivers presentations to the Incentive Compensation Governance Committee and Sub-Committee for both annual and ad-hoc incentive plan approvals as outlined in the Committee Charter. Responsible for ensuring Committee meetings are scheduled in advance to ensure member participation and timely distribution of materials.

• Identify and establish overarching standards for the design and implementation of incentive plans that are in alignment with Associated's risk governance framework.

• Evaluate the effectiveness, return on investment, and other strategic impacts of incentive plans within the organization and recommend design enhancements and process improvements. Present analysis and recommendations to senior management.

• Keep abreast of legislative and regulatory changes, ensuring that core compensation and incentive plans remain in compliance with all administrative guidelines and requirements. Answer complex or sensitive questions and concerns from management, HR Business Partners, Compensation team, the Incentive Compensation Administration team and colleagues.

• Participate in development of budget and forecasting for both core compensation and incentive compensation plans in partnership with Finance and business line leaders. Responsible for maintaining the monthly forecasting file for Finance.

• Creates and/or assists in creating and updating incentive compensation plan documents, terms & conditions, policies, scorecards, and presentation materials.

• Leads and engages in incentive internal controls/auditing functions in partnership with the Audit department and ensures compliance with regulatory standards.

• Support colleague core compensation programs and HR initiatives as identified based on business needs.

Education

• Bachelor's Degree. Required

Required Work Experience

• 6-8 years Finance, Accounting, Sales Compensation, or HR preferably within the banking Industry

Licenses and Certifications

• CCP - Certified Compensation Professional by start date Preferred

• CSCP-Certified Sales Compensation Professional within 2 years Preferred

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-focusedColleague Resource Groups.

• Competitive salaries with professional development and advancement opportunities.

• Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

• Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action andEqual Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

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.