Senior Compensation Consultant - Wealth & Investment Management
Company
Wells Fargo
Location
Minneapolis, MN
Type
Full Time
Job Description
About this role:
Wells Fargo is seeking a Senior Compensation Consultant to join our Wells Fargo Total Rewards Wealth & Investment Management (WIM) line of business Compensation Consulting Team. The team supports this line of business through strategic consultation, compensation design, program management, and effective risk governance. 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 WIM.
In this role, you will:
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- Advise and consult on a variety of compensation duties:
- Compensation Administration: Consulting on complex compensation issues/topics/projects
- Job evaluation, job structure design
- Offer recommendations
- Retention consultation
- 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 job evaluations 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.
- 4+ years of Compensation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience consulting and negotiating compensation packages and issues
- Ability to effectively use facts and data to identify issues, make quick decisions, implement solutions and influence change
- Excellent verbal, written, and interpersonal communication skills
- Strong analytical skills with high attention to detail and accuracy
- Knowledge and understanding of regulatory compliance requirements surrounding compensation and risk management
- Solid consultation skills with the ability to seek out information and provide quality advice.
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
- Ability to create and improve process through strategic thinking
- Advanced Excel and Workday experience
- BS/BA degree or higher or relevant military experience
- This position is not eligible for Visa sponsorship.
- This position offers a hybrid work schedule.
- This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
This position must work in office and sit in one of the following locations:
- 1525 W WT Harris Blvd Charlotte, NC
- 401 S Tryon Street Charlotte, NC
- 550 S 4th Street Minneapolis, MN 8
- 800 S Jordon Creek Parkway Des Moines, IA
- 4101 Wiseman Blvd, Building 308 San Antonio, TX
- 1445 Ross Avenue Dallas, TX
- 114 N Beaumont St, Saint Louis, MO
- 2222 W Rose Garden Lane Phoenix, AZ
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$96,600.00 - $171,800.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
7 Oct 2024
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Date Posted
10/06/2024
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