Thread regarding Wells Fargo & Co. layoffs

New Risk Positions

What did risk positions realign to and what are the compensation changes?

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| 2079 views | | 13 replies (last January 29, 2022) | Reply
Post ID: @OP+1f07voZY

13 replies (most recent on top)

Never seen a principal risk title

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Post ID: @2xsy+1f07voZY

So whatever salary range is quoted on the job post is the "base" salary not the total compensation?

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Post ID: @2yny+1f07voZY

@1tcs+1f07voZY There is a Principal title for Risk, but it’s not used all that much yet.

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Post ID: @1pmh+1f07voZY

yes manager can see the range and it specifically says “base pay range” or something similar, not total variable (in the view my mgr showed me at least)

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Post ID: @1djg+1f07voZY

For those that are posting pay ranges, just want to clarify that those aren’t “salary” pay ranges, those are “Total Compensation” pay ranges (I.e. salary + bonus).

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Post ID: @1pmo+1f07voZY

The senior lead title, why not just say principal like they did for some other titles.

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Post ID: @1tcs+1f07voZY

there are also risk analytic consultant roles which use to be credit risk analytic consultants

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Post ID: @1boc+1f07voZY

Consumer credit sr assoc = senior credit risk specialist

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Post ID: @1hxr+1f07voZY

What did the consumer credit sr assoc position map to?

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Post ID: @1mfs+1f07voZY

Also the salary for lead risk roles dropped by 8k as the max use to be 205k before the drop to 197k.

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Post ID: @1tcq+1f07voZY

Senior specialist level roles: 89k-149k
Lead level roles:111k-197k
Senior lead level roles: 144k-300k

Mid points are the average of the high and low of each level.

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Post ID: @1xiy+1f07voZY

Yes

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Post ID: @kjn+1f07voZY

Strategy and Execution… Job Families are still a mystery to look at comp.

Some have said management level can look at a current posting to see a salary range when an individual contributor cannot see it.

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Post ID: @iat+1f07voZY

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