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Wells Fargo Business Initiatives Consultant 3 (Branch Banking Bus Performance & Incentive Mgmt) in Saint Louis, Missouri

Job ID: 5552050

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Consumer and Small Business Banking is at the center of our efforts to rebuild trust and transform the way we serve our customers and clients. The Consumer and Small Business Banking organization is focused on innovating and transforming our business with the customer at the center, better enabling customers to engage with us how, when, and wherever they choose through a broad suite of financial products and services. While we are pleased to be an industry leader in many consumer and small business areas, including retail deposits, debit card transaction and purchase volume, and small business lending, our primary goal is delivering for our customers. Our market positions are an outcome of great work by employees who are committed to serving our customers.

This Business Initiatives Consultant 3 will be part of the Branch Banking Business Performance and Incentive Management Team. This team is within the Branch Banking Chief Accountability Office. The Business Performance and Incentive Management team is responsible for oversight and education on Business Performance to all levels of leadership within Branch Banking, leading business strategy and design for our incentive compensation plans, and coordinating performance management plans, monitoring and communications.

Key responsibilities:

  • Become subject matter experts on the new My Dashboard, working to identify monitoring and controls around all metrics included in the new iteration, documenting controls gaps and shepherding new monitoring and controls through to completion. Develop training and implementation plan/ materials in collaboration with the BDO leveraging the Customers First approach to how we rollout new initiatives. Review business processes to ensure appropriate risk mitigation strategies are employed and/or coordinate with appropriate groups to create and deploy new mitigation strategies. Perform ongoing monitoring of Outliers

  • Provide support to the strategy and design of new incentive compensation plans in partnership with Total Rewards.

  • Lead effort to retire the programs and shepherd activities needed to ensure orderly closure of program including communicating with both internal and external partners and regulators on the program retirement. Establish success criteria for Performance Objectives for branch banking team members for 2021 in partnership with Total Rewards. Lead efforts to build risk mitigation structure around Plan My Day and Lead My Branch strategic initiatives.

  • Evaluate the need and potential for establishing Minimum Performance standards (tied to Plan My Day and Lead My Branch) and Minimum Production Standards for bankers and present options and recommendations to leadership for evaluating performance and re-instituting an accountability culture. Engage partners from Risk, Compliance, Sales Practices Office, Legal, Total Rewards, etc. to provide credible challenge and support.

The preferred location is St Louis, MO however other Wells Fargo HUB locations may be considered.

Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

Required Qualifications:

  • 5+ years of financial services experience

  • 5 + years of experience gathering, analyzing and interpreting large datasets

  • 8+ years of experience in one or a combination of the following: project management, implementation, or strategic planning

Desired Qualifications:

  • Incentive design experience

  • Microsoft Excel spreadsheets experience importing, exporting, and manipulating data

  • Ability to influence and collaborate at all internal organizational levels

  • Ability to prepare and present senior level communications

  • Ability to strategically analyze data and diagnose opportunities and interventions

  • Ability to synthesize complex analytical findings into executive level communications

  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

  • Excellent verbal, written, and interpersonal communication skills

  • Ability to travel up to 10% of the time

Job Expectations:

  • Ability to travel up to 10% of the time

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5552050&PostingSeq=1.

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.