Wells Fargo

Job Category:

Human Resources


New York, New York



Approximate Salary:

Not Specified

Position Type:

Full Time


415) 820-7800

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Compensation Senior Consultant - Wholesale

Wells Fargo - New York, New York

Posted: 11/28/2018

Job Description

At Wells Fargo, we have one goal: to satisfy our customers’ financial needs and help them achieve their dreams. 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 people strategies to support Wells Fargo’s business objectives. This group manages compensation and benefits, human resource service centers, systems and payroll, finance, 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, where people are our competitive advantage. Our operating foundation is based on our ability to operate efficiently, develop HR team members, strengthen controls, and scale technology infrastructure.

The Compensation Sr. Consultant will develop, implement, monitor and/or support compensation and performance management programs designed to meet the needs of one or more business lines within Corporate & Investment Banking (CIB), within Wholesale Banking (Investment Banking Capital Markets, Asset Based Finance, Early Talent programs or other businesses as assigned within CIB).

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

Location: The preferred location(s) for this job opening are as listed in the job posting (Charlotte, NC; Minneapolis, MN; Des Moines, IA, San Francisco, CA; New York, NY). 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
  • Leadership experience including; coaching, training, and mentoring
Other Desired Qualifications
  • Prior experience supporting Investment Banking and/or Capital Markets businesses
  • Experience designing, implementing and monitoring compensation, performance management and risk programs
Street Address

NC-Charlotte: 11625 N Community House Road - Charlotte, NC
MN-Shoreview: 1801 Parkview Dr - Shoreview, MN
CA-SF-Financial District: 333 Market St - San Francisco, CA
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
NY-New York: 1211 Avenue Of The Americas - New York, NY


  • 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.

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