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Senior Compensation Operations Analyst

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Ameriprise Financial Services, LLC
Full Time position
Listed on 2026-07-31
Job specializations:
  • Finance & Banking
    Regulatory Compliance Specialist, Financial Compliance
Salary/Wage Range or Industry Benchmark: 81700 - 112300 USD Yearly USD 81700.00 112300.00 YEAR
Job Description & How to Apply Below

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 River Source Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

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 River Source 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 is seeking a Senior Compensation Operations Analyst to support the administration and execution of global compensation programs. This role partners closely with Compensation, HRBPs, and other stakeholders to ensure compensation processes are executed accurately, efficiently, and in accordance with established controls. The position plays a key role in annual compensation cycles, incentive administration, operational governance, data validation, reporting, audit support, and process improvement.

Successful candidates will bring strong analytical skills, operational discipline, and experience managing compensation or HR-related programs in a complex environment.

Key Responsibilities
  • Support and execute large-scale, global annual compensation processes including merit, incentive, and year-end compensation activities.
  • Perform data validation, audits, reconciliations, and quality reviews to ensure compensation accuracy.
  • Partner with Compensation, HR Systems, Payroll, Finance, and other stakeholders to administer compensation programs and resolve issues.
  • Support compensation system testing, UAT activities, and process enhancements.
  • Create and maintain process documentation, SOPs, job aids, and training materials.
  • Prepare reports, dashboards, and analyses to support compensation operations and decision-making.
  • Support SOX, audit, compliance, and governance activities.
  • Identify opportunities to improve processes, controls, and operational efficiency.
Required Qualifications
  • Bachelor's degree or equivalent experience.
  • 3+ years of experience in Compensation, Compensation Operations, HR Operations, Payroll Operations, HRIS, or related functions.
  • Experience supporting compensation programs, annual compensation cycles, incentive administration, or related operational processes.
  • Strong analytical skills, including data validation, reconciliation, reporting, and problem-solving.
  • Advanced Microsoft Excel skills and proficiency with Microsoft Office applications.
  • Experience handling confidential information with a high degree of accuracy and attention to detail.
  • Strong communication and relationship-building skills.
Preferred Qualifications
  • 5+ years experience
  • Experience supporting merit planning, incentive administration, and year-end compensation activities.
Experience Working With Global Compensation Programs
  • Experience supporting SOX, audit, compliance, or operational control processes.
  • Experience with Workday, compensation planning tools, HR systems, or reporting platforms.
  • Experience creating operational documentation and training materials.
Financial Services Or Other Highly Regulated Industry  Collaboration

We are a client-centric, relationship-based…

Position Requirements
10+ Years work experience
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