Lead Compensation Consultant – Design Incentive Plans
Wells Fargo
full-time
Posted on:
Location Type: Hybrid
Location: Charlotte • Arizona, Iowa, Minnesota, North Carolina, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $119,000 - $206,000 per year
Job Level
Senior
About the role
- Partner with Line of Business (LOB) leadership as an internal consultant strategizing to develop incentive compensation programs that are risk balanced and aligned with line of business goals and objectives.
- Ability to Resolve complex issues where analysis requires an evaluation of tangible and intangible variance factors using financial and metrics data.
- Review and analyze complex, multi-faceted, large scale, and long-term business, operational, or technical challenges that require in depth evaluation of multiple factors, including intangibles or unprecedented factors.
- Make decisions in complex and multi-faceted situations requiring understanding of policies, procedures, and compliance requirements that influence and lead a broader work team to meet deliverables and drive new initiatives.
- Collaborate and consult with peers, colleagues, and middle-level to executive leadership managers to resolve issues and achieve the goals of goals of total rewards and compensation philosophy.
- Lead projects, teams, or serve as a peer mentor as needed.
Requirements
- 5+ years of Compensation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Experience with design of formulaic incentive compensation plans.
- Strong knowledge of compensation design principles.
- Familiarity with financial services industry.
- Knowledge and understanding of regulatory compliance requirements surrounding incentive compensation and risk management.
- Ability to collaborate with risk and control partners.
- Certified Compensation Professional (CCP) preferred.
- Strong analytical skills with high attention to detail and accuracy.
- Ability to drive and lead organizational changes in a dynamic environment.
- Excellent verbal, written, and interpersonal communication skills.
- Advanced Microsoft Excel skills.
- Outstanding problem solving and decision-making skills.
- Strong organizational skills.
- Familiar with building and developing relationships in a virtual and geographically dispersed environment.
- Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members.
Benefits
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
compensation designincentive compensation plansanalytical skillsfinancial analysisrisk managementregulatory complianceproject managementproblem solvingdecision makingMicrosoft Excel
Soft skills
collaborationcommunicationorganizational skillsleadershipattention to detailrelationship buildinginfluencementoringadaptabilityteamwork
Certifications
Certified Compensation Professional (CCP)