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Sales Incentive Compensation Analyst

Company: Commerce Bank
Location: Kansas City
Posted on: September 24, 2022

Job Description:

About Working at CommerceWouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.No wonder we've been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest.About This JobCommercial Bank is hiring a Sales & Incentive Compensation Analyst to develop and manage commission, bonus, and Incentive programs for commercial banking. This is a high visibility role, frequently working with Executive Management to provide status updates and prioritize projects and Incentive Plan development.Essential FunctionsCalculate accurate, timely Incentive payments to Plan ParticipantsManage multiple Incentive Plans and processes, working independently or with guidance on complex mattersConduct analysis and modeling to drive enhancements to existing Plan designs and develop new Plans, when neededProvide data and recommendations to support decisions regarding plan status, performance, and plan managementMaintain data integrity from multiple sources (billing systems, P& L, manager entered data,etc.)Ensure a high level of customer service, including timely and effective communication, education of multiple stakeholder groups, and support of inquiriesDesign standard and ad hoc reporting and presentations for multiple audiencesPerform other duties as assignedKnowledge, Skills & Abilities RequiredExcellent analytical and deductive reasoning skillsStrong presentation, communication, and project management skillsAccuracy and Time management and prioritization (setting deadlines, communicating status/delays, and adapting to unexpected hurdles)Clear focus on continuous improvement and innovationMotivated and organized self-starter with strong attention to detail and the ability to manage multiple prioritiesInquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skillsAbility to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core ValuesIntermediate level proficiency with Microsoft Word, Excel, Teams and OutlookEducation & ExperienceBachelor's degree or equivalent combination of education and experience required2+ years experience managing incentive compensation plans preferredKnowledge/experience working in commercial banking preferredHighly skilled in Excel, Access, and/or SQL preferredExperience managing or working with relational databases preferredExperience working with Varicent software (formerly IBM compensation engine) preferred#LI-Hybrid***Level of role is determined by knowledge, experience, skills, abilities, and educationLocation: 1000 Walnut St, Kansas City, Missouri 64106Time Type:Full time

Keywords: Commerce Bank, Kansas City , Sales Incentive Compensation Analyst, Sales , Kansas City, Kansas

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