Compensation Associate

6 months ago

Hyderabad, India Wells Fargo Full time

**Department Overview**:
Human Resources Total Rewards delivers reward programs that employees value and help Wells Fargo become the financial services leader in employee engagement, enabling our businesses to have the employees needed to help our customers succeed financially. We provide benefits, compensation, and recognition strategic program design and policy development. Across Total Rewards, we lead specialty consultation and business engagement on Total Rewards topics, programs, and initiatives. We are responsible for HR's strategic consulting and governance of mergers and acquisitions.

About this 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, and adhere to established procedures and controls for assigned business initiatives, programs, special projects, and ad hoc requests. Including, helping to develop competitive base salary, incentive and executive compensation structure and administer compensation to team members to reward and retain employees.

In this role, you will:

- 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 supervisor and exercise judgement within defined parameters while developing understanding of policies, procedures, and compliance requirements.
- Partner with the Total Compensation Delivery & Administration team, 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 that is essential to executing our controls and ensuring the successful completion of HR-deliverables associated with the assigned transaction.
- Be responsible for engaging with other associates on both the US and International Compensation teams for various assigned transactions.
- Provide information to managers, colleagues and stakeholders, including internal as well as external stakeholders
- Provide Support Annual attestation process for retired employees who continue to receive previously issued awards of Restricted Stock Rights
- Provide Support for HR M&A support processes for Corporate Transactions during the transition and post-close deal phases
- Support processes like (but not limited to) Employee stock purchase plan support and Executive Compensation mailbox.
- Be supporting various ad Hoc initiatives and projects as required by the Executive Compensation, Incentive Design and Delivery and Compensation Delivery Centers of Excellence, from time to time.
- Provide support for a variety of diverse support functions and/or operations/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 and are administrative in nature.
- Facilitate efficiency, quality, 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 reflective of but not limited to those identified in "Job Description."

**Required Qualifications**:

- Experience in total rewards design and delivery, analytics or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of experience in one or a combination of the following: India/Philippines/United States/Global Rewards (compensation and benefits) execution and administrative support, payments operations, payroll, automation, project management, implementation, business operations or strategic planning in financial services demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Excellent understanding and experience of India/Philippines/United States/Global compensation an

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