Financial Analyst - Incentive Compensation - SLC

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are currently seeking a Financial Analyst to join our dynamic Corporate Finance team at Zions Bancorporation. Initially focused on Incentive Compensation, this role is positioned within our broader FP&A group and offers the unique opportunity to evolve into comprehensive financial planning and analysis. Our FP&A group is central to the company's success, and we are focused on driving business value through insightful analysis and strategic financial planning. What’s great about our department is that we work with the brightest minds in the organization, fostering a culture of continuous learning and growth. Our work has Executive and Board-level visibility, with direct engagement across a diverse range of business units, translating directly into highly visible, enterprise-wide initiatives. We are focused on creating business value and are seeking a highly analytical, detail-oriented professional to manage current incentive models while growing with our team's expanding needs.

The Incentive Compensation team—a vital arm of our broader Corporate Finance and FP&A group—partners with business leaders to design, implement, and manage optimized and equitable incentive programs. We are central to driving the company’s strategic objectives by aligning individual performance goals with overall enterprise success. Our team works closely with executive leadership to define standard financial metrics, protect the organization from operational and financial risk, and serve as subject matter experts on a wide array of financial instruments. If you are looking for a highly visible environment that fosters continuous progress, nurtures professional growth, and offers the unique opportunity to expand your expertise into comprehensive financial planning and analysis, you will be in excellent company.

As a Financial Analyst focused on Incentive Compensation, you will play a key role in motivating and rewarding our workforce through the precise administration and analysis of our incentive plans. Utilizing your strong financial modeling and data-extraction skills, you will ensure our programs are accurate, equitable, and aligned with the company's broader financial health. The daily work you do and the insights you provide will have a tangible impact on employees across the organization, directly driving Zions Bancorporation’s overarching success. 

The Incentive Compensation Financial Analyst will: 

• Manage, analyze, and maintain complex financial models in Excel to support the organization's incentive compensation plans.
• Function as a subject matter expert on incentive metrics while simultaneously providing insight into broader business performance.
• Extract and manipulate large datasets using SQL (PostgreSQL) to ensure accurate incentive payouts and support broader financial reporting.
• Conduct in-depth analysis of financial data, including budgeting, forecasting, and variance analysis against the general ledger (GL).
• Investigate data issues with strong attention to detail, perform root-cause analyses, and execute solutions.
• Collaborate with cross-functional teams, including Business Units, Finance, and HR, to ensure the alignment of compensation plans and financial strategies with business objectives.
• Drive business process improvements to optimize current incentive tracking processes and implement new solutions for the broader finance reporting functions.
• Perform other duties as assigned.

Requirements:

• Bachelor's degree in Accounting, Finance, Economics, Data Analytics, Information Systems, Statistics, Mathematics, or another related field.
• 2-4+ years of experience in financial analysis, financial modeling, management reporting, or incentive compensation.
• Strong SQL skills (PostgreSQL preferred) for data extraction, querying, and analysis are required.
• Advanced proficiency in Microsoft Excel, including complex financial modeling and large dataset manipulation, is required.
• A strong foundation in accounting principles, including direct experience working with the General Ledger (GL).
• Exceptional attention to detail and a highly analytical mindset.
• Excellent written and verbal communication skills, with an ability to present complex information clearly to a variety of audiences.
• A desire and an ability to continually improve processes, drive efficiency, and adapt to changing team responsibilities.
• Proven ability to thrive in a dynamic environment and navigate ambiguity; a proactive problem-solver who can independently assess situations, define objectives, and execute solutions even when a standard process is not yet established.
• Experience with Power BI or other business intelligence tools is a plus.
• Previous experience in Financial Services or at a mid-to-large size financial institution is a plus.
• A combination of education and experience may meet the requirements.

Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City’s central business district, providing hundreds of team members with an exceptional work environment and features such as:

• Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;
• An employee-only fitness center and bike storage;
• An employee lounge, kitchen, micro market, game tables, couches and TVs;
• Private mothers’ rooms and lockers; and
• Access to downtown shopping, dining, arts and entertainment