Compensation Manager Compensation Manager …

Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Compensation Manager
Job Description

This position is responsible for all functions supporting compensation planning, reconciliation, reporting and disbursement of RiverSource Wholesaling variable compensation and bonuses. As a variable compensation administrator, this individual must have administrative and development skills with previous experience supporting Xactly, a Sales Performance and Incentive Compensation Management technology. This individual will work closely with business and technology teams to define, test and implement modifications to this application.


  • Manage the end-to-end process of Sales Compensation Administration and development in Xactly.
  • Provide the implementation and development of sales performance reports and compensation statements.
  • Support analysis of current and proposed compensation plan performance and effectiveness.
  • Create commission calculations and disbursement process and continually improves the audit and control policies and procedures to maximize efficiencies in Xactly.
  • The position also includes fulfillment of ad-hoc requests and analysis as well as vendor management and project management as needed.
  • Support the annual Sales Plan Design and provide analysis and feedback to sales leaders and sales compensation team.
  • Collaborate with and partner with finance, HR, and corporate compensation to provide insights and resolve issues.

Required Qualifications

  • 3+ years of relevant experience.
  • Experience with Xactly, Varicent, or other compensation software
  • Experience with commission process, compensation plan development and sales reporting tools.
  • Strong analysis and analytical/problem solving skills.
  • Reporting experience.
  • A strong team player with excellent communication and interpersonal skills.
  • Technical ability to manipulate data.
  • Understands and can drive internal processes, priorities and/or issues to completion.
  • Ability to work independently and in a team environment.

Preferred Qualifications

  • Experience working in a Financial Services Firm
  • Xactly administrative and development experience
  • Experience with BI Tools (e.g. Tableau), SSRS, SQL, advanced Excel (VBA/macros), or PowerPoint
  • Sales Compensation experience
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