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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.
Human Resources develops and implements our 'team members, candidates, and operational' strategies to support Wells Fargo's business objectives. This group manages compensation and benefits, human resource service centers, systems and payroll, team member relations and assistance, talent management, learning and development, and recruiting. We work together as One HR to make Wells Fargo an employer of choice. Our foundational success is based on the ability to operate efficiently, attract, retain, develop HR team members, strengthen controls, and scale technology infrastructure.
We are seeking a highly motivated Compensation Sr. Consultant to join our Wells Fargo Home Lending Compensation Team. The Home Lending Production team supports team members through consultation, compensation design, program management, and effective risk governance. The Compensation Sr. Consultant will provide expert strategic and tactical consultation on total direct compensation in support of company and business needs.
Wells Fargo Home Lending (WFHL) is the leading mortgage lender in the United States with over 8,000 retail salespeople, 1,000 centralized salespeople, number one in lending volume, the number one mortgage servicer, 600+ retail locations and four centralized sales and processing centers. WFHL provides consultation to customers on traditional mortgage products and services as well as customized solutions for new home construction, renovation, condominium, jumbo mortgages, private banking customer lending services and low to moderate income and minority lending.
This position will be responsible for the following:
Developing, implementing, and monitoring compensation programs
Project planning & management of compensation related projects
Partnering with HR, managers, and other partners as an internal consultant to strategize and develop compensation programs
Providing support for and managing the annual Focal Review process
Exercising independent judgment within broadly defined policies and practices in developing methods, techniques and evaluation criterion for obtaining result
Participating in or conducting salary surveys, analyzing internal and external compensation data utilizing quantitative, financial and statistical tools, pricing jobs, and managing special projects
Reviewing job usage and recommending new or revised job classifications
Reviewing existing and proposed statutory compensation requirements and recommending appropriate course of action
Developing ad hoc reports to analyze specific compensation-related issues such as turnover and developing recommended course of action
Developing and fostering strong, collaborative relationships with partners within the business, control functions, enterprise teams, and international partners
Leading or participating in other change management initiatives, projects, or comp processes as needed
Location: The preferred location(s) for this job opening are as listed in the job posting (Charlotte, NC, Minneapolis, MN, St. Louis, MO or Des Moines, IA). However, other Wells Fargo locations within the US Domestic footprint may be considered for this opportunity.
4+ years of consulting experience in compensation, human resources, accounting, or finance
6+ years of compensation experience
Experience with variable and incentive compensation
Knowledge and understanding of regulatory compliance requirements surrounding incentive compensation and risk management
Certified Compensation Professional (CCP)
A BS/BA degree or higher
Ability to drive and lead organizational change in a dynamic environment
Excellent verbal, written, and interpersonal communication skills
Advanced Microsoft Office (Word, Excel, Outlook, PowerPoint, Access, and Project) skills
Ability to manage complex projects in a large enterprise environment
Virtual leadership experience with ability to effectively drive results, provide feedback/direction, and manage and build relationships with leaders and team members in a geographically dispersed team environment
Outstanding problem solving and decision making skills
Strong analytical skills with high attention to detail and accuracy
Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
Other Desired Qualifications
Sales incentive design experience
Compensation experience within the Mortgage industry
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.
Internal Number: 5531020-5
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo