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Incentive Compensation Product Owner
2 months ago
About this role:
Wells Fargo is seeking a Lead Business Analyst (Product Owner) to join our growing Human Resources (HR) Product & Portfolio Management Team. This is an exciting opportunity to support the delivery of Incentive Compensation plans to our employees through process and technology.
Reporting to the Product Management Senior Manager of Compensation, this person will act as the Product Owner supporting the incentive compensation application, Varicent. This role will collaborate with internal and external subject matter experts, system users, and stakeholders to understand and document existing and proposed business processes, requirements, and system needs.
In this role, you will:
- Articulate product vision, define scope, prioritize backlog, establish Objects and Key Results (OKRs), and provide direction for the Incentive Compensation Product Team.
- Lead the Incentive Compensation Product Team of analysts and developers to design, develop, and deliver long-term, large-scale solutions to complex and unique challenges with a meaningful focus on regulatory impact and risk management.
- Advise the Corporate Compensation Senior Leadership Team on plan design updates as well as build vs. buy decisions.
- Develop, maintain, and conduct quarterly Product Roadmap reviews with Corporate Compensation leadership and control teams.
- Prioritization strategies to ensure high quality Agile delivery that meets business needs and expectations.
- Assist in decomposing epics into effective features and user stories
- Collaborate with internal and external subject matter experts, system users, and stakeholders to understand and document existing and proposed business processes, requirements, and system needs.
- Apply knowledge of industry trends and technology to drive organizational change and position Wells Fargo for the future.
- Translate problem statements, requirements and system needs into effective customer experiences.
- 5+ years 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
- 4+ years of experience with the design, implementation, or administration of Incentive Compensation activities and programs.
- 3+ years of experience with incentive compensation management tools (preferably with Varicent admin or similar systems experience).
- Experience within Human Resources, Total Rewards, and/or Incentive Compensation.
- Product management / analyst experience.
- Experience operating in an Agile environment with multiple Product teams.
- Experience with Jira and Confluence
- Excellent verbal, written, and interpersonal communication skills, with the ability to influence and build relationships with internal and external stakeholders of all levels.
- Leadership / mentorship experience.
Job Expectations:
Ability to travel up to 10% of the time.
Position Location Options:
Charlotte, North Carolina (NC) - 8740 Research Drive
Charlotte, North Carolina (NC) - 1525 West WT Harris Blvd.
Charlotte, North Carolina (NC) - 401 S. Tryon Street
Minneapolis, Minnesota (MN) - 550 S. 4th Street
West Des Moines, Iowa (IA) - 800 S. Jordan Creek Parkway
San Antonio, Texas (TX) - 4101 Wiseman Blvd., Bldg. 308
Dallas, Texas (TX) - 1445 Ross Avenue
Westlake, Texas (TX) - 1301 Solana Blvd.
Phoenix, Arizona (AZ) - 2222 W. Rose Garden Lane
Must be based in one of the above locations or willing to relocate at your own expense.
Relocation assistance is not available for this position.
This position currently offers a hybrid work schedule.
This position is not eligible for Visa sponsorship.
Posting End Date:
3 Sep 2024
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
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Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.