Job Description
Wells Fargo is seeking a Compensation Associate on the Total Rewards team to partner with Executive Compensation, Incentive Design and Delivery, and Compensation Delivery Centers of Excellence teams to administer, develop and deliver reporting, and adhere to established procedures and controls for assigned business initiatives, programs, special projects, and ad hoc requests. The role includes helping to develop competitive base salary, incentive and executive compensation structures and administering compensation to team members to reward and retain employees. Participate in conducting research to support compensation strategies, programs, and solutions across a business or enterprise function, ensuring alignment with key organizational goals. Review basic issues, policies, or procedures for which answers can be quickly obtained, related to low-risk tasks and deliverables with narrow impact. Receive direction from the supervisor and exercise judgement within defined parameters while developing an understanding of policies, procedures, and compliance requirements. Provide information to managers, colleagues, and stakeholders, including internal as well as external customers. Required qualifications include 6+ months of Compensation or Analytics experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these. Desired qualifications include experience in total rewards design and delivery and an excellent understanding and experience of India, Philippines, United States, and Global compensation and benefits practices. The candidate should be able to follow guidance and procedures to support compensation operations spanning Executive Compensation, Incentive Design and Delivery, and Compensation Delivery functions. The candidate should have the ability to support compensation and incentive administration, reporting, and servicing needs. Experience and acumen in complex and large data analysis are required along with the ability to provide necessary professional and technical support and guidance. The candidate should be able to instill necessary risk and control measures in delivery, procedures, and reporting activities, including development and maintenance of project and scope documents. The role requires the ability to perform compensation and benefits program analysis, maintenance and administration, and related processing, procedural, control, and reporting requirements of assigned tasks. Consult with colleagues in Executive Compensation, Incentive Design and Delivery, Compensation Delivery Centers of Excellence, Payroll, HR Operations, and other stakeholders to establish, monitor, and review performance and delivery. A result-oriented mindset with excellent verbal, written, and interpersonal communication skills is required. The candidate should be proficient in Microsoft Office including Word, Excel, Outlook, and PowerPoint, with specific expertise in Excel. Advanced MS Excel skills are required, including the ability to create data models, formulas, pivot tables, macros, VBA, and Power Pivot reports. Excellent analytical skills and the ability to navigate ambiguity and infer complex data models and representations are required. The candidate should demonstrate excellent accuracy, high quality, attention to detail, and a risk and control mindset. The ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important, is required. Knowledge or experience with Workday and Process Design is desired. Experience in data analytics and visualization tools including Power BI, R, Tableau, VBA, and SQL is preferred. The role includes leading the team through audits and validation reviews to maintain data, process, and procedure sanctity and accuracy. Solid critical thinking skills, demonstrated success in collaboration and teamwork, the ability to maintain a high degree of confidentiality, and the ability to prepare correspondence, memorandum, reports, presentations, or other assigned documentation are required. Partner with the Total Compensation Delivery and Administration team and follow procedure and control documentation for uploading base pay updates, one-time payments, on-demand payments, year-end compensation review inputs, and other compensation adjustments in Workday. Be responsible for adhering to retention requirements of important documentation essential to executing controls and ensuring the successful completion of HR deliverables associated with assigned transactions. Engage with other associates on both the US and International Compensation teams for various assigned transactions. Provide information to managers, colleagues, and internal and external stakeholders. Provide support for the annual attestation process for retired employees who continue to receive previously issued awards of Restricted Stock Rights. Provide support for HR M&A processes for Corporate Transactions during the transition and post-close deal phases. Support processes including Employee Stock Purchase Plan support and the Executive Compensation mailbox. Support various ad hoc initiatives and projects as required by the Executive Compensation, Incentive Design and Delivery, and Compensation Delivery Centers of Excellence. Provide support for diverse support functions and operations or production oversight for the Human Resources Total Rewards team. Support the operations and reporting needs of the Executive Compensation and Compensation Delivery Centers of Excellence. Work with Human Resources databases and technology platforms relevant to the assigned work. Pull, review, analyze, verify, and track intricate employee data using advanced functions in Excel. Administer programs, projects, or processes specific to the business that are administrative in nature. Facilitate efficiency, quality, and cost effectiveness of solutions and escalate concerns related to the assigned operation. Adhere to and support the Executive Compensation team's and Compensation Delivery COE's procedures, processes, and controls. Coordinate and monitor implementation and maintenance of processes, procedures, and policies. Interact with U.S.-based Executive Compensation and Compensation Delivery COE colleagues on operational initiatives. Interact with active and former employees on a variety of diverse support functions. Wells Fargo is an equal opportunity employer. Employees support the company’s focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture. Employees are accountable for execution of applicable risk programs and for following Wells Fargo policies and procedures, fulfilling risk and compliance obligations, timely escalation and remediation of issues, and making sound risk decisions. Third-party recordings are prohibited unless authorized by Wells Fargo. Wells Fargo requires candidates to directly represent their own experiences during the recruiting and hiring process. Reference Number R-532469.
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Success Stories from Candidates Placed in this Field
Kalki - Bangalore
The Purple Turtles, Bangalore - Asst HR Manager
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Selvi.k - Bangalore
ARON Universal client/ El Populo Tech Solutions Pvt Ltd Consultant, Bangalore
★★★★★
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