Wells Fargo

Lead Compensation Consultant - Chief Operating Office

Wells Fargo$119K — $206K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in compensation or related consulting roles
  • Experience advising senior leaders in complex, operational environments
  • Demonstrated ability to influence executive stakeholders
  • Strong expertise in compensation design and pay-for-performance models
  • Advanced analytical skills and data integration capabilities

Responsibilities

  • Serve as primary advisor to COO senior leadership on pay strategies
  • Translate business strategy into actionable compensation recommendations
  • Influence executive decisions with data-driven insights
  • Lead design of base pay and incentive plans aligned with business goals
  • Ensure alignment with enterprise job architecture and workforce strategy

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life and critical illness insurance
  • Parental and caregiving leave
  • Tuition reimbursement
  • Adoption reimbursement
Full Job Description

About this role

Wells Fargo is seeking aLead Compensation Consultantto join ourTotal Rewards Line of Business Compensation Team, serving as the primary strategic compensation advisor supporting the Chief Operating Office (COO) organization.

This role partners directly with senior leaders and HR to shape compensation strategies that enable operational excellence, workforce productivity, and transformation at scale. As a Lead Compensation Consultant, you will translate business strategy into forward-looking total rewards solutions, influence executive decisions, and lead complex, high-impact compensation initiatives across a dynamic and evolving operating environment.

You will play a critical role in ensuring compensation programs drive performance, support talent outcomes, and align with enterprise governance, financial discipline, and risk standards.

Key Responsibilities

  • Serve as a primary compensation advisor to COO senior leadership, acting as a trusted partner to shape pay strategies aligned to operational priorities
  • Translate business strategy and workforce plans into actionable compensation and incentive design recommendations
  • Influence executive decision-making through clear, data-driven, executive-ready insights
  • Lead the design and evolution of base pay, incentive plans, and total rewards strategies aligned to business priorities
  • Ensure alignment with enterprise job architecture, leveling, and overall workforce strategy
  • Guide market pricing and benchmarking strategy to maintain external competitiveness and alignment with business needs
  • Leverage advanced analytics to assess pay equity, retention risk, productivity outcomes, and cost impacts
  • Integrate market, internal, and financial data to deliver forward-looking insights and scenario modeling
  • Own end-to-end compensation delivery, including annual planning cycles and executive calibration
  • Lead complex initiatives such as reorganizations, operating model changes, and enterprise compensation rollouts, ensuring business readiness and adoption
  • Provide strategic guidance on compensation for hiring decisions, ensuring alignment with enterprise standards, market positioning, and equitable pay practices, including oversight of complex or non-standard offers
  • Ensure compensation practices align with internal policies, regulatory requirements, and risk management standards
  • Collaborate across Total Rewards, HR, Finance, and Legal while communicating complex compensation concepts clearly to senior leaders and mentoring junior consultants

Required Qualifications

  • 5+ years of compensation, total rewards, or related consulting experience (or equivalent demonstrated through experience, training, military experience, or education)

Desired Qualifications

  • Experience advising senior leaders in complex, operational or matrixed environments (COO, operations, infrastructure, or similar)
  • Demonstrated ability to influence executive stakeholders and shape strategy
  • Experience in compensation consulting, total rewards, or HR business partnership with strong stakeholder engagement and relationship management
  • Excellent communication and interpersonal skills, with the ability to translate complex concepts and influence senior stakeholders
  • Strong expertise in compensation design, incentive structures, and pay-for-performance models
  • Advanced analytical and problem-solving skills, including experience integrating workforce, financial, and market data
  • Experience supporting compensation planning cycles and applying market analysis to inform pay decisions
  • Familiarity with external market data sources and benchmarking methodologies
  • Proven ability to lead through ambiguity, transformation, and organizational change
  • Experience supporting large-scale operational organizations or enterprise functions
  • Proficiency in compensation tools, HR systems, and data visualization platforms
  • Strong understanding of governance, risk, and regulatory considerations in compensation

Job Expectations

  • Position is based in Mpls, MN or Charlotte, NC
  • Hybrid schedule with onsite presence required at one of the listed locations.
  • This position does not offer relocation assistance.
  • This position does not offer visa sponsorship.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$119,000.00 - $206,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visitfor an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

12 Jun 2026

*Job posting may come down early due to volume of applicants.

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

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