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Incentive Compensation Management (ICM) Product Consultant

  • Company: Usbank
  • Location: Minneapolis, MN
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Usbank at a glance

usbank.com
  • Founded 1850
  • Employees 68108
  • Ticker USB
USB 61.00 USD +0.99%
  • Revenue (FY2025) $28.66B
  • Net income $7.57B

Investor research: Yahoo Finance · SEC filings

U.S. Bank (NYSE: USB) is a major U.S. commercial bank founded in 1850, with roughly 68,000 employees. Recent coverage includes a faster small-business money-movement tool and broader industry stories on debit networks and fintech bank charters.

Usbank is seeking an Incentive Compensation Management (ICM) Product Consultant in Minneapolis, MN for this full-time role. The position focuses on applying product knowledge to strengthen incentive structures that motivate performance and support team goals.

Role Overview

The Incentive Compensation Management (ICM) Product Consultant at Usbank in Minneapolis, MN acts as a knowledgeable resource who helps shape and refine compensation solutions. In this full-time capacity you will connect organizational objectives with practical product capabilities so incentive frameworks remain clear, accurate, and effective for the teams they serve.

Core Duties

  • Work with stakeholders to review existing incentive processes and surface opportunities for improvement
  • Configure and tailor ICM product features so they match defined business requirements
  • Examine compensation data sets to confirm calculation integrity and surface useful performance insights
  • Prepare and lead training that helps users adopt ICM tools confidently
  • Track system behavior, address issues promptly, and uphold quality standards
  • Collect user feedback and offer recommendations that guide future product refinements

Skills & Qualifications

  • Hands-on background with Incentive Compensation Management platforms or similar product consulting work
  • Ability to configure and fine-tune ICM software so results remain precise and transparent
  • Strong analytical approach when evaluating multi-layered compensation information
  • Clear communication skills that support productive conversations with stakeholders at every level
  • Comfort managing concurrent priorities within a full-time setting in Minneapolis, MN
  • Working knowledge of proven approaches for aligning rewards with measurable outcomes

Working at Usbank

Usbank is hiring for this role and offers a supportive team environment where the Incentive Compensation Management (ICM) Product Consultant can grow and collaborate effectively in Minneapolis, MN.

Applying for This Role

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To apply for this job please visit usbank.wd1.myworkdayjobs.com.

What people say about Usbank

Recent news

Aggregated from public discussions and news; opinions are the authors’ own.

Working in Minneapolis, Hennepin County

Weather right now in Minneapolis, Hennepin County: checking… · Local time: · Air quality: · Daylight: · UV index: · Wind: · Pollen:

Role is based in Minneapolis, Hennepin County, Minnesota. Minnesota sits in the Upper Midwest, bordered by Canada, Wisconsin, Iowa, and the Dakotas (Wikipedia). Expect a traditional on-site banking HQ environment rather than remote work.

Minnesota is a state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the south, and North Dakota and South Dakota to the west. The northeast corner has a water boundary with Michigan. It is the 12th-largest U.S. state in area and the 22nd-most populou

🇺🇸 Relocation safety for US: Exercise Normal Cautionvia Warnely, CC BY 4.0

National unemployment rate in US: 4.2%via World Bank

National job openings rate: 4.6%via BLS JOLTS

Private-sector wage growth (year over year): 3.3%via FRED

National quits rate: 1.9%via FRED (BLS JOLTS)

Weekly initial unemployment claims: 215,000via FRED

GDP per capita in US: $90,027via World Bank

Consumer price inflation in US: 2.9% (annual) — via World Bank

Real GDP growth in US: 2.2% (annual) — via World Bank

Average hours worked per year in US: 1,800via OECD

Cost of living in Minnesota: 1.4% below the national averagevia BEA

Minimum wage in Minnesota: $11.41/hrvia FRED

Real GDP per capita in Minnesota: $69,607via FRED

Home prices in Minnesota (year over year): +3.8%via FRED

Median household income in Hennepin County: $96,339via US Census ACS / Data USA

Average commute time in Hennepin County: 22 minvia US Census ACS / Data USA

Most common commute in Hennepin County: Drove Alone (60%) — via US Census ACS / Data USA

Households with home internet in Hennepin County: 93%via US Census ACS / Data USA

Nearby history: Minneapolis City Hall-Hennepin County Courthose, listed 1974 (14m away) — via National Register of Historic Places

Typical climate: average high 55°F / low 36°F year-round (summers around 80°F, winters around 10°F) — via NOAA 1991-2020 Normals

Walkability: Most walkable (18.7/20) — via EPA National Walkability Index

Typical rent nearby: $1,405/mo (1BR) · $1,709/mo (2BR) — via HUD Fair Market Rents

  • Elevation 270m (886 ft)

Source: Wikipedia (state)

Build the skills for this role

Build fluency in ICM concepts (quotas, SPIFFs, clawbacks, territories), requirements writing, and stakeholder facilitation. Familiarity with enterprise banking processes and common ICM tooling helps; no specific certifications are required by the provided data.

  • Walk through an ICM plan you designed or implemented and the edge cases you handled.
  • Explain how you translate compensation policy into product requirements and acceptance tests.
  • Discuss working with risk, legal, and sales ops in a regulated bank.
  • Be ready to reason about payout accuracy, audits, and change control.

Strong fit if you enjoy compensation mechanics, structured consulting, and enterprise stakeholders at a large, established bank (USB) in Minneapolis—not a remote or pure software-engineering role.

Job details above are provided by the employer/source. The sections on this page are compiled from public data sources with AI assistance.

Accommodations: if you need a workplace accommodation to apply for or perform this job, see ADA.gov or EEOC.gov for guidance on your rights and how to request one.

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Listing facts

  • Role Incentive Compensation Management (ICM) Product Consultant
  • Employer Usbank
  • Location Minneapolis, MN
  • Type Full Time
  • Posted July 13, 2026
  • Apply by 2026-08-12
  • Country context US
  • Overview Full original description on this page (286 words; rewritten for clarity, not a teaser paste)

Facts above come from this job record on Get A Job.AI — not copied from third-party review sites.

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Incentive Compensation Management (ICM) Product… Usbank