Wells Fargo Compensation Sr. Consultant - Wealth & Investment Management (WIM) in Minneapolis, Minnesota

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo’s Chief Administrative Office (CAO) consists of enterprise functions that work together to promote and protect the Wells Fargo culture and brand, and support our team members. Groups within CAO work to protect our reputation, tell our story, bolster team member engagement, connect with our customers, and bring new and innovative solutions to life. CAO functions include Commitment to Customer, Corporate Responsibility & Community Relations, Data Management & Insights, Human Resources, Marketing, Stakeholder Relations, and the CAO Integration and Planning Office.

The Compensation Sr. Consultant will develop, implement, monitor and/or support compensation and performance management programs designed to meet the needs of Wells Fargo Asset Management Group and Wells Fargo Investment Institute within WIM.

This individual will establish and maintain strong and effective relationships with partners in the business and across Compensation, Finance, Risk, and HR leadership to ensure compensation programs enable the business to drive revenue, manage expense, maintain market competitiveness, comply with evolving compensation regulation, and deliver on the team member value proposition. They will exercise independent judgment within broadly defined policies and practices in developing methods, techniques and evaluation criterion for obtaining results.

Essential Position Functions:

  • Develops, drives and implements compensation, incentive design and performance management strategies, programs and solutions within a large, complex business proactively identifying trends and complex issues

  • Leads large compensation initiatives and/or incentive design processes that may have cross functional impact

  • Partners with compensation governance and other control function teams to ensure strong governance and risk management of incentive plan designs

  • Partners with HR and the business to develop creative solutions, best practices and process improvements to ensure alignment with WF key organizational goals, in the dual role of trusted business partner and control function

  • Provides compensation subject matter expertise, consulting, coaching and solutions on complex issues to senior business leaders and HR partners

  • Leads or participates in compensation processes and projects, as needed

  • May lead/direct the work of other team members

Location: The preferred location(s) for this job opening are as listed in the job posting (Charlotte, NC; Minneapolis, MN; Des Moines, IA, St. Louis, MO). However, other Wells Fargo locations within the US Domestic footprint may be considered for this opportunity.

Required Qualifications:

  • 4+ years of consulting experience in compensation, human resources, accounting, or finance

Desired Qualifications:

  • 6+ years of compensation experience

  • Incentive plan design, implementation, and governance experience, preferably in the financial services industry

  • Experience with variable and incentive compensation

  • Knowledge and understanding of regulatory compliance requirements surrounding incentive compensation and risk management

  • Ability to manage large scale program initiatives in a complex environment

  • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members

  • Ability to create and improve process through strategic thinking

  • Ability to work in a fast paced deadline driven environment

  • Excellent verbal, written, and interpersonal communication skills

  • Strong presentation skills

  • Strong analytical skills with high attention to detail and accuracy

  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

  • Certified Compensation Professional (CCP)

  • A BS/BA degree or higher

  • Ability to travel up to 10% of the time

Job Expectations:

  • Ability to travel up to 10% of the time

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5419493&PostingSeq=1.

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.