Wells Fargo Hiring for Compensation Sr. Consultant at Bengaluru, Karnataka Full Time

Full Job Description
About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

About Wells Fargo India

Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.

Department Overview:
This team is responsible for designing, implementing, and monitoring compensation, benefits & performance management (PM) programs for the organization

About the role:
Consults with all levels of management regarding current and future compensation needs. Assignments are received in the form of objectives. Time is split between management and personal consulting. Develops and implements compensation programs to ensure compensation requirements are met in accordance with internal policy and governmental requirements. Develops compensation budgets as necessary. Reviews existing and proposed compensation & benefit laws and regulations and takes or recommends corrective action.

Responsibilities

Manage the day to day activities in India including:
Market Pricing
Structuring Offers
Creating Analytics and Insights
Partners with HR management and Senior Leadership across the business to develop base pay and incentive compensation programs;
Partners with the broader International Total Rewards team to drive compensation projects across I&P
Serves as a subject matter expert and internal consultant on the most complex compensation matters. Reviews existing and proposed statutory compensation requirements and recommends appropriate course of action;
Reviews and recommends new or revised job classifications. Assists the business with the creation and definition of new positions and determines market competitive compensation levels;
Collaborates and networks across the organization including, but not limited to, recruiting, compliance, risk, finance, audit and legal;
Exercises independent judgment within broadly defined policies and practices in developing methods, techniques and evaluation criterion for obtaining results;

Market Skills and Certifications

Essential Qualifications
8+ year’s compensation, accounting, finance or human resource experience with 6+ years leadership experience.
Strong business acumen, detail oriented, strong interpersonal and negotiation skills.
Expert strategic, analytical, conceptual problem-solving skills, and at managing multiple clients and projects
Excellent verbal communication, written communication and presentation skills

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 68362