Business Execution Consultant - Total Rewards Incentive Compensation - Military Veterans
at Wells Fargo
About this role:
Wells Fargo is seeking a Business Execution Consultant within HR Total Rewards Incentive Compensation Center of Excellence. This role will support the Wealth and Investment Management Line of Business.
In this role, you will:
- Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives.
- Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics.
- Determine areas of strength or Business Execution opportunity within defined scope of work
- Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations.
- Utilize independent judgment to guide moderate risk deliverables.
- Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business.
- Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business.
- Collaborate and consult with leaders and executive management.
- Provide work direction to less experienced Strategy and Execution staff
- Support the incentive compensation plans for the Financial Advisors and Managers in Wells Fargo Advisors as well as practices within Wells Fargo Advisors Financial Network
- Execute and oversee controls supporting Wells Fargo Advisors including the Succession programs, New Hire programs, and employee bonus/loan arrangements
- Be accountable for proper execution of Controls and associated procedures ensuring procedures are used every time and that all documentation is maintained
- Manage/oversee the day-to-day duties of the incentive plans for which you are responsible for, with the ultimate objective of accurate and timely payouts.
- Provide excellent customer service to plan participants, managers and key stakeholders for all inquiries.
- Collaborate effectively to identify opportunities to improve processes and communicate opportunities.
- Ability to work independently to make recommendations for support function by providing support and leadership.
- Act as a subject matter expert on the various systems and applications supporting Human Resources and Incentive Compensation
- Ensure incentive calculation is accurate within the Incentive System and retain evidence of the review.
- Maintain documentation, procedures, job aids etc. to support the administration process and respective applications/systems ensuring a full understanding of the end to end processes.
Required Qualifications:
- 2+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Strong Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
- Excellent verbal, written, and interpersonal communication skills.
- Forward thinking with the ability to problem solve
- Attention to details with a focus on executing effectively.
- Organizational skills to prioritize tasks.
- Experience with ownership and execution of Controls and Procedural documentation
- Ability to be flexible and adjust plans quickly to adapt to changing business needs. Hands on style; proven ability to structure tasks or projects, execute and achieve targeted results and develop and manage associated goals and plans
- Experience navigating large, sensitive data sets
- SQL Experience preferred but not required
- Human Resources/Incentive Compensation experience a plus
- Experience with Jira and Varicent preferred, but not required.
- Knowledge of Wealth and Investment Management, preferred but not required.
Job Expectations
- This position offers a hybrid work schedule.
- This position does not offer Visa Sponsorship.
- This position does not offer relocation assistance.
- This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
Posting Locations:
- 800 S Jordon Creek Parkway, West Des Moines IA
- 2222 W Rose Garden Lane, 1st floor, Phoenix AZ
- 401 S Tryon Street,(3 WFC), Charlotte NC
- 4101 Wiseman Blvd, San Antonio TX
- 550 S 4th Street, Minneapolis MN
- 1445 Ross Avenue, Dallas TX
- 114 N Beaumont Street, Saint Louis MO
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.
$73,100.00 - $129,900.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- 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
Posting End Date:
2 Mar 2025
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability 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.
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At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.
We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.
As a Wells Fargo employee, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Connection Employee Resource Group, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.