Compensation Analyst Jobs in Minnesota (NOW HIRING)

About Our Company

We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial has a great new opportunity for a Senior Analyst, Field Compensation to join the team! The Advisor Compensation group supports the business within finance by designing, developing and administering compensation and recognition programs for advisors, while providing analytical and thought-leadership support to enterprise-wide initiatives aligned to the company's strategic priorities. This position will support advisor compensation programs across three channels: Ameriprise Advisor Group (AAG), Ameriprise Financial Institution Group (AFIG) and the Ameriprise Personal Wealth Group (APWG). This position will analyze comp program data and key metrics to support business decisions, identify process improvements and enhancements to existing programs and analytical tools. Will work closely with advisors, field leaders, and business partners to research and analyze compensation requests. This position will gain broad exposure to advisor platforms, field leaders, and departments across the business.

Key Responsibilities

• Support the design, implementation and ongoing development of advisor compensation programs by performing financial analysis and decision support for program assessments.

• Draw conclusions from completed analysis, to facilitate action or decisions to drive the key strategic initiatives forward. Summarize analysis and create presentations for senior leadership.

• Own program administration and act as a subject matter expert for compensation programs and policies including Minimum Wage/Salary monitoring, Enhanced Staff Support, Team Payout Rate, and APWG team compensation. Support efforts to analyze effectiveness of ongoing and new compensation programs and processes.

• Will frequently interact with advisors and field leaders on compensation programs, reports, and inquiries. Perform compensation analysis to support programs and to provide decision support for Senior Leader questions.

• Lead and participate in various compensation initiatives and projects, as well as represent the compensation department on cross-organizational initiatives. Build your knowledge of compensation programs and advisor channels.

• Develop strong working relationships across the organization (AAG, APWG, and AFIG business, Service & Operations, Technology, Compliance, Corporate Communications, and other areas)

Required Qualifications

• Bachelors degree or equivalent

• 3-5 years of experience

• Strong analytical abilities and problem-solving skills with proven Excel skills.

• Strong organizational, interpersonal, and communication skills.

• Ability to work with colleagues at all levels across the enterprise.

• Ability to communicate complex program requirements to individuals with varying understanding.

• Ability to manage multiple projects and assignments simultaneously

• Ability to work independently and in a team environment.

Preferred Qualifications

• Finance degree and work experience.

• Knowledge and/or experience with Ameriprise advisor platforms.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $71,300 - $98,100/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Full timeExemptHuman CapitalFIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.