usbank

Compensation Manager

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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

Job Description

The Head of Compensation, Benefits & Payroll is responsible for the strategic leadership, governance, design, implementation, and operational management of all compensation, benefits, and payroll programs within USBIPL. The role ensures that Total Rewards programs are market competitive, compliant with Indian legal and regulatory requirements, operationally efficient, and aligned with U.S. Bank's global reward philosophy. The position serves as a key advisor to senior leadership and is accountable for supporting the attraction, retention, engagement, and development of talent during the establishment and growth of the India GCC The role will lead the compensation strategy, design, governance, and delivery across Europe, including executive remuneration, annual and long‑term incentives, job architecture and salary structures, ensuring practices are competitive, compliant, equitable, and aligned to business objectives in regulated financial services.

Preferred Skills/Experience

  • Generally, the role requires a degree or equivalent but candidates with exceptional experience without a qualification to degree level will be considered.

  • Minimum of 12 years' experience in compensation, benefits and payroll management, preferably within the financial services.

  • Demonstrable proven success in the design, operation and management sales incentive plans.

  • Practical knowledge and understanding of key European compensation legal and regulatory topics applicable to credit institutions and investment firms.

  • Experience in developing, implementing, and managing risk and compliance associated with frameworks, policies, and procedures.

  • Proven track record of designing communications to senior executives and broader employee communications.

  • Demonstrable experience of interaction, influencing and reaching agreed upon solutions at management and executive levels.

  • Proven track record of working independently on their own initiative and delivering practical outcomes to a professional standard.

  • Proven to be resilient and able to handle multiple priorities, meeting deadlines whilst maintaining high work standards, with impeccable attention to detail in performance of all tasks.

  • Experience in managing different stakeholders including second and third lines of defense.

  • Collaborative approach with strong emphasis on delivery and execution.

  • Proven analytical skills.

  • Intermediate computer skills are needed; including experience with Microsoft Office applications.

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.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: ₹0.00 - ₹0.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.