Banking and Financial Services
More than 10000 employees
About the Role
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, while adhering to established procedures and controls for assigned business initiatives, programs, special projects, and ad hoc requests. This includes helping to develop competitive base salary, incentive, and executive compensation structures, and administering compensation programs to reward and retain team members globally.
Key Responsibilities and Scope
Participate in conducting research to support compensation strategies, programs, and solutions across business lines and enterprise functions, ensuring alignment with organizational goals.
Review basic operational issues, policies, and procedures for which resolutions can be quickly determined, focusing on low-risk tasks and deliverables.
Receive direction from supervisors and exercise sound judgment within defined parameters while building understanding of policies, procedures, and compliance mandates.
Partner with the Total Compensation Delivery and Administration team, following documented procedures and controls for uploading base pay adjustments, one-time payments, on-demand payments, year-end compensation cycle inputs, and related updates in Workday.
Adhere strictly to record retention requirements for essential operational documentation to satisfy control frameworks and complete assigned HR deliverables.
Engage regularly with associates across both US and International Compensation teams to coordinate global transactions.
Provide timely information and operational support to managers, colleagues, and both internal and external stakeholders.
Support the annual attestation process for retired employees who continue to hold previously granted Restricted Stock Rights awards.
Assist with HR M&A support processes for corporate transactions throughout transition and post-close deal integration phases.
Support recurring operational workflows including Employee Stock Purchase Plan (ESPP) administration and the Executive Compensation central mailbox.
Deliver ad hoc operational and analytical support as required across Executive Compensation, Incentive Design and Delivery, and Compensation Delivery Centers of Excellence.
Perform diverse support and production oversight functions for the Human Resources Total Rewards organization.
Work with core HR databases and enterprise technology platforms to extract, review, analyze, verify, and track intricate employee data using advanced spreadsheet functionality.
Administer program workflows, operational projects, and administrative procedures, driving quality, efficiency, and cost effectiveness while escalating issues appropriately.
Coordinate and monitor implementation, governance, and maintenance of compensation policies and risk-control frameworks.
Interact with US-based colleagues and both active and former employees on total rewards and compensation support functions.
Required Qualifications
6 plus months of compensation or analytics experience, or equivalent demonstrated through work experience, training, military experience, or education.
Experience in total rewards design and delivery, compensation analytics, or equivalent operational experience.
Experience in India, Philippines, United States, or global rewards execution, payment operations, payroll, process automation, project management, or financial services business operations.
Solid understanding of global compensation and benefits practices across Executive Compensation, Incentive Design and Delivery, and Compensation Delivery functions.
Demonstrated ability to handle complex and large dataset analysis, providing professional and technical-level support.
Ability to implement risk and control measures across delivery, procedures, and reporting activities, including maintaining scope and project documentation.
Capability to perform program analysis, record maintenance, and administrative processing aligned with control requirements.
Experience consulting with cross-functional stakeholders including Executive Compensation, Incentive Design, Compensation Delivery COEs, and Payroll or HR Operations teams.
Results-oriented mindset with excellent verbal, written, and interpersonal communication capabilities.
Advanced proficiency in Microsoft Office with deep expertise in MS Excel, including data modeling, advanced formulas, pivot tables, macros, VBA, and Power Pivot reporting.
High level of accuracy, strong eye for detail, and a disciplined risk and control mindset.
Desired Qualifications
Experience and familiarity with Workday and HR process design.
Ability to lead and support audit and validation reviews to maintain data integrity and procedure adherence.
Strong critical thinking skills and demonstrated success in cross-functional collaboration.
Proven capacity to maintain strict confidentiality when managing sensitive employee compensation data.
Ability to prepare clear business correspondence, memorandums, executive presentations, and analytical reports.
Shift Timings and Working Arrangements
Shift timings: 1:30 PM to 10:30 PM IST
Willingness to work on-site at the stated location with flexibility to support different shifts, weekends, nights, or holidays as required by business operations
