Compensation Senior Manager

About this role:

Wells Fargo is seeking a Compensation Senior Manager to join ourTotal Rewards Compensation Team to support our Corporate & Investment Banking line of business. This role serves as a key partner to business leaders and HR teams providing strategic consultation on compensation strategies that support business objectives drive performance and ensure market competitiveness. The position plays a key role in designing and managing compensation solutions advising on complex issues and partnering with stakeholders to successfully deliver changes to compensation programs and processes to the business while ensuring alignment with governance and compliance standards.

The Corporate & Investment Bank delivers a comprehensive suite of corporate banking;investment banking; sales trading financing and research; andcommercial real estate banking to corporate institutional and government clients around the globe.

In this role you will:

• Serve as a manager leading a team of compensation consultants and be a trusted advisor to business leaders HR partners and cross-functional teams by fostering open communication understanding stakeholder needs and delivering value-added compensation support.
• Develop and maintain strong partnerships with HR Business Partners Recruiters Finance Legal and Total Rewards Communities of Excellence to ensure alignment and consistency in compensation practices
• Partner with peers across functions to share best practices and consider enterprise impacts of compensation decisions.
• Assess business priorities and analyze compensation data and trends to deliver forward-thinking actionable recommendations to the business that align pay strategies with organizational goals talent needs and market dynamics in an executive-ready manner.
• Leverage business knowledge and compensation analysis to influence the design of the job catalog base pay structures differentials and other compensation programs.
• Support the annual compensation planning cycle including merit bonus and equity planning ensure readiness of key stakeholders.
• Conduct market pricing and benchmarking to inform compensation decisions and maintain competitiveness that are in alignment with business priorities.
• Review compensation in job offers for reasonableness and alignment with company practices and guidelines influencing the business and talent acquisition partners as necessary to support equitable decisions.
• Manage readiness activities for the business in relation to enterprise-wide compensation programs and processes changes
• Lead compensation workstreams for key business changes such as reorganizations acquisitions or new initiatives.
• Ensure business-specific compensation practices comply with internal policies regulatory requirements and risk management standards.
• Communicate complex compensation concepts clearly to non-compensation audiences including senior leaders.

Required Qualifications:

• 6 years of Compensation experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
• 3 years of management or leadership experience

Desired Qualifications:

• Deep understanding of Corporate Banking Investment Banking and Capital Markets is essential. Strong business acumen specific to these sectors including familiarity with compensation structures for front-office roles
• Proven experience in designing implementing and managing compensation programs including base pay incentive pay and performance management. Familiarity with regulatory compliance and risk governance is highly valued.
• Experience with end-to-end implementation of strategic change initiatives; including identifying opportunities influencing stakeholders and delivering an improved employee and manager experience.
• Ability to advise senior leaders on complex compensation matters negotiate packages and align compensation strategies with business goals. Experience consulting on job evaluations market benchmarking and pay equity analysis is critical.
• Effective communicator capable of presenting with Executives.
• Advanced Excel skills experience with Workday or similar HRIS platforms and the ability to navigate large sensitive datasets. Strong analytical skills with high attention to detail are expected
• Ability to manage multiple priorities in a complex fast paced environment.

Job Expectations:

• This position offers a hybrid work schedule
• This position does not offer Visa sponsorship

Location:

• Charlotte NC
• Iselin NJ
• Minneapolis MN
• Irving TX
• San Antiono TX
• Phoenix AZ
• Des Moines IA

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.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 units risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability 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.