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Wells Fargo is seeking a Senior Compensation Consultant to join our Wells Fargo Total Rewards Consumer Banking & Lending Compensation Team. The team supports our National Branch Network employees through strategic consultation, compensation design, program management, and effective risk governance with a strong focus on core compensation execution. The Senior Compensation Consultant will provide credible strategic and tactical consultation on compensation initiatives in support of company and nuanced line of business needs. The role will have the opportunity to help solve problems and address challenges to produce meaningful outcomes for business lines.
Job Responsibility:
Advise and consult on a variety of compensation duties
Consulting on complex compensation issues/topics/projects
Research complex compensation data and condense results in a comprehensible summary
Job evaluation and job structure design
Offer recommendations
Lead and participate in a variety of compensation-related projects and initiatives at the enterprise and line of business levels
Consult with business leaders on complex compensation projects using market data and internal evaluation
Research and provide compensation analytics to support a large, complex business within a division, ensuring alignment with key organizational goals
Consult managers and partner groups regarding current and future needs for non-executive compensation processes, forming a strong link between objective setting, performance management, and compensation outcomes
Resolve moderately complex compensation issues and work with a team to meet project deliverables while leveraging solid understanding of policies, procedures, and compliance requirements
Represent Compensation department on enterprise project teams
Requirements:
4+ years of Compensation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Nice to have:
Experience consulting and negotiating with leaders on compensation issues/topics/projects/offers
Excellent verbal, written, and interpersonal communication skills
Knowledge and understanding of regulatory compliance requirements surrounding compensation and risk management
Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of employees
Ability to effectively use facts and data to identify issues, make quick decisions, implement solutions and influence change
Experience researching external market data and internal policies and procedures to develop and present findings to senior leadership
Ability to create and improve process through strategic thinking
Advanced proficiency in Excel and PowerPoint to analyze data and create clear presentations
What we offer:
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance