Business Execution Associate - Total Rewards Incentive Compensation

Wells Fargo

Feb 20

Applications are closed

Job
Full-time
Entry Level
People, HR & Administration
Business, Operations & Strategy
St. Louis

Requirements

6+ months of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Strong Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
Excellent verbal, written, and interpersonal communication skills.
Forward thinking with the ability to problem solve
Attention to details with a focus on executing effectively.
Organizational skills to prioritize tasks.
Human Resources/Incentive Compensation experience a plus
Experience with Jira and Varicent preferred, but not required.
Knowledge of Commercial Banking and Corporate & Investment Banking, Wealth and Investment Management, or Consumer Lending preferred but not required.
Ability to work independently to make recommendations for support function by providing support and leadership.
Strong understanding of the various systems and applications supporting Human Resources and Incentive Compensation

Responsibilities

Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives.
Review basic initiatives including policy or process changes, process improvements, technology enhancements, and conduct regular reviews to identify efficiencies and cost savings opportunities.
Receive direction from leaders and exercise independent judgement while developing an understanding of policies and procedures, best practices, and initiatives.
Collaborate and consult with mid-level managers or cross-functional business partners.
Provide work direction to less experienced Strategy and Execution staff.
This role will be responsible for ensuring the incentive systems align to the design for plans within Commercial Banking and Corporate & Investment Banking, Wealth and Investment Management, or Consumer Lending.
Manage/oversee the day-to-day duties of the functionality within incentive system, with the ultimate objective of accurate and timely payouts.
Partner with the Incentive Administration team to address all inquiries.
Collaborate effectively to identify opportunities to improve processes and communicate opportunities.
Perform routine systematic validations to ensure accurate payments.
Procedure Management - update, review and publish procedures, job aids etc. to support the administration process and respective applications/systems.
Ensure incentive calculation is accurate within the Incentive System and retain evidence of the review.
Maintain documentation, procedures, job aids etc. to support the administration process and respective applications/systems.

FAQs

What is the main responsibility of the Business Execution Associate in this role?

The main responsibility is to support business operations within HR Total Rewards Incentive Compensation, ensuring that incentive systems align with design plans and managing day-to-day duties to ensure accurate and timely payouts.

Is there a required amount of experience for this position?

Yes, a minimum of 6 months of Business Execution, Implementation, or Strategic Planning experience is required.

Are there any preferred qualifications for this role?

Yes, preferred qualifications include strong Microsoft Office skills, excellent communication skills, attention to detail, and experience with Jira and Varicent.

Will the candidate need to collaborate with others in this role?

Yes, the candidate will collaborate with mid-level managers and cross-functional business partners.

Is there a possibility for career advancement in this position?

Yes, the role may provide opportunities to provide work direction to less experienced staff and develop leadership skills.

What types of benefits does Wells Fargo offer for this position?

Wells Fargo offers a comprehensive set of benefits, including health benefits, a 401(k) plan, paid time off, and tuition reimbursement, among others.

Where is this position located?

The position can be located in multiple cities, including West Des Moines, IA; Phoenix, AZ; Charlotte, NC; San Antonio, TX; Minneapolis, MN; Dallas, TX; and Saint Louis, MO.

Is there a deadline for applying to this job?

Yes, the posting end date is February 24, 2025, but it may come down early due to the volume of applicants.

Does Wells Fargo provide visa sponsorship for this position?

No, this position does not offer visa sponsorship.

What is the pay range for this position?

The pay range for this position is between $63,600.00 and $113,000.00, depending on various factors such as achievements and experience.

Wells Fargo

Finance

Industry

10,001+

Employees

1929

Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.