Bank of the West Incentive Compensation Analyst in San Ramon, California
Incentive Compensation Analyst
What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Job Description Summary
Responsible for documenting and implementing operational processes to improve accuracy in monthly incentive sales reporting and quarterly payouts. Assess and recommends process improvement methods as well as act as the Quality Assurance Lead for all monthly, quarterly and annual reports. Assist with Incentive Management team with operational tasks to ensure timely and payment calculation accuracy on all RBG incentive plans. May assist with training and/or communicating system functionality to the field. The specialist will apply advanced analytical problem solving skills to complex incentives reporting issues.
Essential Job Functions
Creates and updates process documents that outline how eligibility criteria are computed and applied to one or more incentive plans
Recommends to managers on improvements to current operational procedures to promote efficiency and consistency.
Establishes, maintains and enhances monthly and quarterly payout validation processes
Develop strategies to improve the Department's Sales Performance Management operational processes. Assists with establishing a monthly and quarterly audit process in STAR.
Calculate incentive plan payouts for one or more incentive plans
Other Job Duties
Create Desktop Procedures and Documentation of assigned incentive plans
Performs other duties as assigned
Performs other duties as assigned.
- 3-5 years experience administering multiple incentive compensation programs.
- H.S. Diploma
Excellent attention to detail skills.
Excellent verbal and written communication skills.
Bank product and service knowledge.
Ability to compile statistics.
Excellent analytical and research skills.
Excellent customer service skills.
Must have demonstrated advanced Excel/Access skills, and the ability to interpret data.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Human Resources
Location: United States-California-San Ramon
Requisition ID: 039008