Compensation Analytics Director

Website Wells Fargo

About this role:

Wells Fargo is seeking a Compensation Analytics leader to help shape the design and implementation of our Compensation Programs, Policies and Processes through data-driven insights and analytics that aligns with our business strategy and risk & controls framework.

In this role, you will:

  • Manage a team to design and deliver accurate and insightful reports and presentations to executive management at the Operating Committee level for compensation planning activities, including base salary and variable compensation accruals and expenses
  • Lead the design and implementation of dashboards and other tools to facilitate data-driven compensation decisions
  • Develop and maintain a comprehensive understanding of the company’s compensation plans and develop analytics to evaluate the effectiveness and competitiveness of compensation programs
  • Identify and implement opportunities to improve techniques used to analyze compensation data
  • Manage the collection and analysis of compensation survey and benchmarking data, in collaboration with compensation consulting partners, to ensure market competitiveness
  • Establish data governance standards to ensure accuracy, reliability and security of data; implement and maintain control measures
  • Stay informed about regulatory, market, and practice changes and trends within the field of compensation
  • Collaborate with and influence all levels of professionals across Human Resources, Finance, Technology, Legal
  • Provide subject matter expertise on Compensation Analytics for compensation-related initiatives
  • Lead of team of Compensation Consultants through training, development and the allocation of work and resources

Required Qualifications

  • 8+ years of Compensation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of Management experience

Desired Qualifications

  • Proven experience in Compensation Analytics, preferably within the financial services industry
  • Solid understanding of compensation principles, regulations, market trends
  • Advanced proficiency in HR management software and compensation management software (e.g. Workday), Microsoft Applications (e.g. Excel, Powerpoint, Word). Strong proficiency in data analysis and data visualization tools and techniques tools (e.g. Alteryx, Python/R, Tableau, Power BI)
  • Excellent problem-solving, analytical and data management skills
  • Ability to convey a story through analysis, make sound decisions and recommendations
  • Strong project management skills. Ability to lead a team through multiple, long-term projects and implement solutions
  • Attention to detail and accuracy
  • Ability to collaborate with stakeholders across all levels of the organization using strong interpersonal and communication skills
  • Ability to maintain confidentiality and handle sensitive information with professionalism and discretion

Pay Range

$120,400.00 – $287,600.00

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits – Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

  • 401(k) Plan
  • Paid Time Off
  • Parental Leave
  • Critical Caregiving Leave
  • Discounts and Savings
  • Health Benefits
  • Commuter Benefits
  • Tuition Reimbursement
  • Scholarships for dependent children
  • Adoption Reimbursement

Posting End Date:

11 Jul 2024

*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.

To apply for this job please visit www.wellsfargojobs.com.