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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Incentive Compensation Analyst II role involves usage of large amounts of incentives data. The candidate will independently understand all impacts to active plans, create, and execute appropriate test cases, and UAT testing (including regression) for any incentive data request that are used on both Varicent and Motivator platforms.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Proactively drive the administration and reporting of incentive compensation plans for assigned LOB(s). Consult with LOB Leadership, System specialists and Team Lead to discuss issues and drive results.
Provide guidance and support to lesser experienced Incentive Compensation Administrators (ICAs) supporting assigned LOBs providing accurate and timely responses to data/award adjustments and research requests, meeting all Service Level Agreements (SLAs).
Conduct complex research on incentive, business and/or system related issues raised by participants, and stakeholders; formulate and present conclusions and solutions in a comprehensive and professional manner.
Perform functional testing of new and revised business requirements that are configured in the automated incentive compensation system. Ensure expected results are achieved and provide feedback to the configuration team if issues are found.
Ensure consistent treatment through administration and approach to exceptions, guarantees, offer letters, contracts, brokerage/trading agreements and other ancillary payment arrangements. Manage the submission into the Business Incentive Plan (BIP) review and approval process for assigned LOB(s).
Partner with systems configuration teams and LOB to understand all aspects of systems design and maintenance for end to end development and execution of automated solutions. Serve as a liaison with any key stakeholders integral to the administration of incentive plans for assigned LOB(s).
Identify manual processes and participate in or deliver automated solutions and/or eliminate non-value or low value activities.
Manage audits and governance related reviews and requests including but not limited to: gathering necessary documentation and responding to governing bodies.
Qualifications
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree or equivalent education, training, and work-related experience
5 years of financial services experience, including exposure to technology applications
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Excellent organizational skills Excellent interpersonal skills Strong analytical skills Strong process orientation
Demonstrated ability to work in a team environment and contribute to the overall goals and successes of the team
Preferred Qualifications:
Experience working in Agile/SCRUM team(s).
Working knowledge of Test Plans, Test Scripts, Test scenarios, Test Cases, (UAT and Regression) and Data test plan creation based on requirements and success criteria.
OTHER JOB REQUIREMENTS / WORKING CONDITIONS
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Up to 25%
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no
. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
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