JobsAssociated Bank

Compensation Analyst Senior

Associated Bank · US WI Remote, WI

Posted Aug 13, 2026 · We last checked this listing on Sep 20, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

Behavioral

Tell me about a time an HR business partner or business leader pushed back on your pay recommendation. What did you do?

consultative skill and ability to hold a data-driven position under pressure from stakeholders

Tell me about the annual compensation planning cycle you've supported. What was your role in salary, bonus, and equity processes, and what went wrong along the way?

real ownership of end-to-end cycle logistics and ability to troubleshoot under deadline pressure

Tell me about a time you found an error or inconsistency in compensation data that could have caused a compliance issue. What did you do?

attention to detail and instinct for regulatory risk in a regulated banking environment

Tell me about a compensation process you improved. What was inefficient before, and how did you measure the improvement?

initiative and process-improvement mindset rather than just executing existing workflows

Technical

Walk me through a time you built a financial model to evaluate an incentive plan. What variables did you include and how did you present the results to leadership?

whether the candidate can translate compensation design into quantifiable financial impact, not just describe a plan conceptually

How do you approach benchmarking a role against market data when the available survey cuts don't cleanly match the job?

depth of practical market-pricing skill versus just knowing the tools exist

Describe your experience with Workday Compensation or Payfactors. What kind of system administration or data work have you actually done in them?

hands-on platform fluency versus surface familiarity

What experience do you have preparing materials for a compensation committee or governance body, and what kind of scrutiny did that documentation get?

exposure to formal governance processes and ability to write for an executive or board-level audience

What's your experience with pay equity analysis, and how have you communicated findings that raised concerns?

familiarity with equity analysis methodology and comfort delivering uncomfortable findings

How do you keep your Excel-based models accurate and error-free when you're working under a tight deadline like annual merit cycle?

rigor and quality control habits in high-volume, high-stakes analytical work

Situational

Suppose Finance and a business line disagree on how to structure a new sales incentive plan and you're asked to broker a recommendation. How would you approach that?

cross-functional facilitation skill and comfort managing competing priorities between Finance, Risk, and business owners

If you were asked to evaluate whether an incentive plan is actually driving the behavior it was designed for, what data would you pull and what would make you conclude it isn't working?

analytical judgment in assessing plan effectiveness beyond just administering it

How do you handle a situation where a manager wants to make an off-cycle pay change that doesn't align with your equity or budget guidelines?

willingness to enforce pay equity standards while managing a difficult stakeholder conversation

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The full job description

As published by Associated Bank.

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. Role Summary Join Associated Bank as a Senior Compensation Analyst and play a key role in shaping compensation programs that attract, retain, and reward top talent. In this role, you'll partner with leaders across HR, Finance, Risk, Legal, and business lines to deliver data-driven compensation strategies, incentive plan design, and governance support. This is an excellent opportunity to influence enterprise-wide compensation programs while expanding your expertise in Total Rewards. Key Accountabilities • Analyze compensation programs, market data, and financial models to support competitive, equitable, and business-aligned pay practices. • Partner with HR Business Partners and business leaders to provide compensation guidance, recommendations, and consultative support. • Develop incentive compensation analyses, financial models, and scenario planning to evaluate plan effectiveness and business impact. • Manage compensation data, reporting, and system administration across platforms such as Workday, Payfactors, and other compensation tools. • Coordinate annual compensation planning activities, including salary, bonus, equity, and incentive compensation processes. • Prepare governance materials, plan documentation, and committee presentations while supporting regulatory compliance and enterprise risk management. • Collaborate with Finance, Legal, Risk, HR, and business stakeholders to implement compensation initiatives and continuous process improvements. Education & Experience Required • Bachelor's degree in Human Resources, Finance, Business Administration, or a related field, or an equivalent combination of education and experience. • 5+ years of experience administering and analyzing compensation programs. • Experience developing financial models, market analyses, and compensation recommendations. • Strong analytical, project management, communication, and problem-solving skills. • Experience working with compensation systems and Microsoft Excel. Preferred • Certified Compensation Professional (CCP) certification or the ability to obtain within 3–5 years. • Certified Sales Compensation Professional (CSCP) certification or the ability to obtain within 3–5 years. • Experience supporting incentive compensation plan design, governance, and administration. • Experience with Workday Compensation, Payfactors, or similar compensation platforms. Why You'll Love Working Here At Associated Bank, you'll join a collaborative team that values innovation, continuous learning, and meaningful partnership across the organization. You'll have opportunities to influence enterprise compensation strategies, work alongside experienced Total Rewards professionals, and contribute to programs that support our colleagues and business success. Apply today to make an impact. We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience. In addition to core traditional benefits, we take pride in offering benefits for every stage of life.  • Retirement savings including both 401(k) and Pension plans.  • Paid time off to volunteer in your community.  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.  • Competitive salaries with professional development and advancement opportunities.  • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.   • Personal banking, loan, investment and insurance benefits.  Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on  Facebook ,  LinkedIn  and  X .   Compliance Statement Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR. Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline. Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact  leavesandaccommodations@associatedbank.com  if you need an accommodation at any time during the process. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice  English or Spanish . Know Your Right to Work  English  or  Spanish . Associated Bank is Pay Transparency  compliant. The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range. $80,290.00 - $137,640.00 per year

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