Compensation Analyst

U.S. Bank

Compensation Analyst at U.S. Bank analyzing and maintaining compensation information while collaborating on compensation project implementation and compliance.

Posted 5/13/2026full-timeMinneapolis • Arizona, California, Minnesota, North Carolina • 🇺🇸 United StatesJuniorMid-Level💰 $71,400 - $84,000 per yearWebsite

About the role

Key responsibilities & impact

Analyzes and maintains various types of compensation information
Participates in compensation surveys, prepares job descriptions, conducts job analyses, evaluates jobs by pricing them in the market and examining comparable jobs within the company, and prepares and analyzes survey data
May develop, recommend, write and monitor compliance with compensation processes and/or procedures
Responsible for the development, implementation, and administration of assigned Compensation projects/programs such as determining incentive accrual pools, merit budget pools, long term incentive pools, and developing new salary ranges
Works with Compensation consultants on developing presentations of findings and may participate with the consultant in the delivery of results/recommendations to customers
May develop communications plans and formal communications to managers and/or employees

Requirements

What you’ll need

Bachelor's degree, or equivalent work experience
Two to five years of relevant experience
Thorough knowledge of advanced math/statistics, financial analysis or related skills/knowledge
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Effective verbal and written communication skills
Compensation or Human Resources experience
Certified Compensation Professional (CCP)
MarketPay skills are desirable

Benefits

Comp & perks

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

advanced mathstatisticsfinancial analysiscompensation analysisjob evaluationmarket pricingincentive accrualmerit budgetsalary range developmentdata analysis

Soft Skills

effective communicationverbal communicationwritten communicationpresentation skillscollaborationorganizational skillsanalytical thinkingproblem-solving

Certifications

Certified Compensation Professional (CCP)