01 Aug
|
U.S. Bank
|
Chennai
At U.S. Bancorp India, we're on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One. **Job Description** + Provide analytical support to the Compensation function across India, supporting the design, implementation, administration, and governance of compensation programmes. + Analyse compensation data, identify trends, and develop actionable insights to support evidence-based compensation decision-making. + Support market pricing and benchmarking activities using external survey data. + Prepare and analyse compensation datasets, including merit, bonus, long-term incentive, and salary range data. + Support job evaluation, job matching, and alignment of roles to organisational grade structures. + Assist with the maintenance of salary structures, pay ranges, compensation frameworks, and related governance materials. + Support annual compensation review processes, including salary review, bonus, incentive, governance, and approval activities. + Assist in cost modelling and budget tracking for compensation cycles and key initiatives. + Validate compensation recommendations and ensure alignment with policy, approval requirements, and budget guidelines. + Validate and maintain compensation data, ensuring consistency across systems, reports, and outputs. + Prepare standard reports, dashboards, presentations, and management information for HR and business stakeholders. + Support responses to internal queries relating to compensation processes, data, and governance requirements. + Work closely with Compensation Managers, Human Resources, Talent Consultants, Finance, Payroll, business stakeholders, and external consultants to support compensation decision-making. + Contribute to job architecture, career framework,
and organisational transformation initiatives, including job mapping, role alignment, job description documentation, and stakeholder communications. + Provide analytical and operational support on key organisational projects and new business initiatives. **Basic Qualifications** + Bachelor's degree, or equivalent work experience + Typically requires at least 4 to 6 years of relevant compensation, total rewards, HR analytics, finance, or data analysis experience **Preferred Skills/Experience** + Solid analytical and numerical skills, with the ability to interpret compensation data, identify trends, and produce clear, evidence-based insights. + Experience supporting compensation activities such as market benchmarking, salary range analysis, annual compensation review, bonus or incentive processes, job evaluation, or job matching. + Proficient in Microsoft Excel and other Microsoft Office applications, with the ability to manage, validate, and present data accurately. + Strong attention to detail and commitment to data integrity, accuracy, and quality control across compensation outputs. + Effective written and verbal communication skills, with the ability to translate data and analysis into clear summaries, reports, and presentations for HR and business stakeholders. + Ability to manage multiple priorities, meet deadlines, and provide reliable support across compensation cycles, projects, and governance processes. + Experience working collaboratively with HR, Finance, Payroll, business stakeholders, or external consultants. + Experience working in financial services, a global capability centre, or a multinational organisation is preferred. If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) . **Posting may be closed earlier due to high volume of applicants.** This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.
📌 Compensation Analyst (Chennai)
🏢 U.S. Bank
📍 Chennai