Director of Compensation

Minneapolis, MN

Job Description

Ameriprise Financial is seeking a Director of Compensation to join our Compensation Consultant group. In this strategic position, you will lead the development and refinement of compensation programs across our global organization. You'll work closely with senior leaders to design and implement solutions that support business objectives, promote equity, and enhance employee engagement. This role offers the opportunity to apply data-driven insights to influence compensation strategy and contribute to the long-term success of our talent initiatives.

Key Responsibilities

  • Act as a lead compensation consultant to HR Business Partners and senior business leaders, identifying and implementing solutions that address complex organizational challenges and align with our compensation philosophy.
  • Lead the development and implementation of competitive incentive programs-including sales and special incentive plans. Ensure effective communication, accurate administration, and ongoing evaluation of program success.
  • Drive enterprise-level compensation projects and processes. Conduct market analyses and recommend updates to ensure competitiveness and alignment with industry trends.
  • Partner across compensation teams and global stakeholders to lead initiatives that span organizational boundaries.
  • Develop and deliver compensation education for HR, leaders, and employees through formal training and one-on-one consultations. Create communication strategies for new or updated programs, including year-end compensation materials.


Required Qualifications

  • Bachelor's Degree or Equivalent.
  • 7-10 Years' relevant experience.
  • Proven experience leading compensation strategy and programs in a complex, global organization
  • Deep expertise in incentive design, market analysis, and compensation consulting
  • Strong analytical and communication skills, with the ability to translate data into actionable insights
  • Collaborative mindset and ability to influence across all levels of the organization


Preferred Qualifications

  • Master's Degree
  • Certified Compensation Professional (CCP) or Global Remuneration Profession (GRP)
  • Financial services, professional services or insurance industry experience.
  • Global compensation experience
  • Previous experience of major organizational changes, including reorganizations, M&A activities.

About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of 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 RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $131,000 - $176,900 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Human Capital

Line of Business

HR Human ResourcesPDN-a0662689-cd2c-428a-951d-e4c77fb25deb
Ameriprise Financial is seeking a Director of Compensation to join our Compensation Consultant group. In this strategic position, you will lead the development and refinement of compensation programs across our global organization. You'll work closely with senior leaders to design and implement solutions that support business objectives, promote equity, and enhance employee engagement. This role offers the opportunity to apply data-driven insights to influence compensation strategy and contribute to the long-term success of our talent initiatives.

Key Responsibilities

  • Act as a lead compensation consultant to HR Business Partners and senior business leaders, identifying and implementing solutions that address complex organizational challenges and align with our compensation philosophy.
  • Lead the development and implementation of competitive incentive programs-including sales and special incentive plans. Ensure effective communication, accurate administration, and ongoing evaluation of program success.
  • Drive enterprise-level compensation projects and processes. Conduct market analyses and recommend updates to ensure competitiveness and alignment with industry trends.
  • Partner across compensation teams and global stakeholders to lead initiatives that span organizational boundaries.
  • Develop and deliver compensation education for HR, leaders, and employees through formal training and one-on-one consultations. Create communication strategies for new or updated programs, including year-end compensation materials.


Required Qualifications

  • Bachelor's Degree or Equivalent.
  • 7-10 Years' relevant experience.
  • Proven experience leading compensation strategy and programs in a complex, global organization
  • Deep expertise in incentive design, market analysis, and compensation consulting
  • Strong analytical and communication skills, with the ability to translate data into actionable insights
  • Collaborative mindset and ability to influence across all levels of the organization


Preferred Qualifications

  • Master's Degree
  • Certified Compensation Professional (CCP) or Global Remuneration Profession (GRP)
  • Financial services, professional services or insurance industry experience.
  • Global compensation experience
  • Previous experience of major organizational changes, including reorganizations, M&A activities.

About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of 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 RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $131,000 - $176,900 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Human Capital

Line of Business

HR Human ResourcesPDN-a0662689-cd2c-428a-951d-e4c77fb25deb

About Ameriprise Financial

For 125 years, we have remained true to our vision of putting our clients' interests first. We are passionate about helping you live the full and rich life you’ve earned and committed to helping you be brilliant.

A company with integrity.

Integrity has been a core value since we were founded by John Tappan in 1894. It's how, through panics, recessions, the Great Depression, and the recent Great Recession, we've grown into a global financial leader. We've never lost our focus on our clients. That's who we are.

  • We have more than $875 billion in assets under management and administration.

  • We maintain leadership positions in each of our core business segments: Advice & Wealth Management, Asset Management, Annuities, and Protection.

  • We have more than 2 million individual, business, and institutional clients.

Our Leaders

Part of our strength as a company comes from the strength of our leadership—an experienced and long-tenured team.

Our Locations

Ameriprise Financial was founded and is headquartered in Minneapolis. We also have corporate offices throughout the United States and across the globe, including New York, Boston, London, and India.

Our History

Since 1894, we at Ameriprise Financial have been helping millions of clients invest towards their financial goals and dreams.

Related Jobs

Apply For This Job
Director of Compensation
Ameriprise Financial
Minneapolis, MN
Nov 20, 2025
Your Information
First Name *
Last Name *
Email Address *
This email belongs to another account. Please use a diferent email address or Sign In.
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy and consent to receive emails from us about job opportunities, career resources, and other relevant updates. You can unsubscribe at any time.
Ace your interview with
AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!

©2025 International Association of Women.
Powered by TalentAlly.