Thread regarding Wells Fargo & Co. layoffs

Lol I’m a Lead BEC and that doesn’t describe my job at all.

I'm in one of these gigs, once purposeful but after the short term need was met, controls put in place, etc. the organizations became spaces to find/manufacture "work" and routines to meet the demand of all the flavors of consultant occupying reqs: initiatives, implementation, operational risk, analytics, execution, even compensation and on and on.

The exact opposite discipline as capacity management. I won't even start of the layers of managers in place, there are plenty of posts on that in here.

Respect to the 'cadence' comment, I had a good laugh because it's so true. I've caught myself slinging that around, or 'we should lean into', or 'consider the optics' and immediately chastised myself for mimicking something that i would never utter in real life.

@jqo+1htDGG6s I hope your Jump to Conclusions game is a hit! 😂🤣

This is the same exact post from last year about Operational Risk Consultants. Sounds like the poster interviewed and was not hired for this position. Move on and focus your energy elsewhere

I’m a Senior Principal Lead BEC and make 350k. Cush job, but it pays for the kids private school.

LOL I had this job title and it was one of the busiest and hardest roles I’ve had since n 15 years. I lucked out and got a new job with a less fancy title and have less work, less headache, and make more in salary.

I have always worked in risk snd compliance roles, most recent title was senior business risk and control associate, and then they gave all of us these asinine new titles that literally do not correlate to anything we do. We don’t do business execution of anything, we do control and risk assessments. It makes me angry because I cannot explain this title to other companies that I may want to interview with and they expect me to be a project manager or something.

We have one of these paper pushers in our dept. All they do is review an excel report someone else prepared, then copy and paste the results out to each person individually saying, good job for following tour procedures this report was auditing you on. Utterly useless.

FU Op. Someone has to guide the masses of the clueless - business and tech.

Those who can, DO (or get fed up and leave.)

Those who can't become "business execution consultants" or "process engineers" who claim they did something. BUT REALLY, the business requirements and developers read the policy or process, asked the detailed questions, built the solution, tested the solution, demo'd the solution and modified based on additional feedback provided directly from the business users. BECs and "process engineers" are pretty much dead weight.

re: @fyl+1htDGG6s
In order to create job titles that relate to responsibilities of a position, someone would need to know what it is their staff members actually do. I know precious few managers who have direct experience or understand what their teams do. Senior managers are even worse, as they are that much more removed from what actually is being done--thus they tend to have unrealistic expectations.

A person in my neighborhood is a Principal BEC. They do a lot of yard work during the day so I assume they don't have much actual work to do.

Office Space, greatest movie of all time!

I’m in one these roles and I found the “cadence” comment hilarious. With that said, it is for the most part a catch all title for a lot of specific functions that WF doesn’t have a good job title for. Some work really hard and are needed and some aren’t.

"What the he-l is wrong with you people?"

Does not sound like someone with "good people skills"

We do need to get rid of the fluff and get more workerbees. Need to make it more tolerable or people will continue to leave.

Most of us had "real" job titles before they lumped us into this generic, stupid and really long title. It is a mish mash of people from someone's first job in corporate america to extremely talented senior leaders that no longer manage.

It is incredibly d-mb and the only thing it does is keep people for YEARS in the same title. Did I mention how LONG it is when you have been here a while?

These job titles pay quite a bit. I just started working in a department where some of the people have this title. I think Wells should start using more traditional job titles so you can get a better idea of what job the person actually does. Some these Business Execution Consultants just send customer notifications to customers. Not sure why that job has an impressive sounding job title.

Most of the jobs at WF are meaningless BS jobs. I’ve been here almost 20 years and spent most of it doing data analysis, which seemed at least somewhat useful. In January I was involuntarily moved to a LBEC role. Now I’m just cleaning up SharePoint sites and other pet projects. I’m trying to get back to what I was doing before but can’t even get an interview. Wrong s-x, wrong gender, wrong color, and wrong values for this place.

Well-well look. I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people. Can't you understand that? What the he-l is wrong with you people?

OP here. I've never received less than meets, so no, that's not what's driving this.

To the rest of the angry mob...

If you're one of these "consultants", why not use your free time to learn some actual job skills? Imagine how nice that will feel to not only have job security, but also actual value in a company?

Then you won't have to feel defensive when your fluff job is called out for what it is.

(I understand that a single digit percentage of these jobs have actual value. This entire post is for the other 90+%.)

Sr. Lead here, you have no idea what you are talking about. I am working to close various consent orders caused by other id--ts who are no longer employed here. Do we have too many consultants, perhaps, but we have too many employees in total. Way too many directors who take my work and present it to others. We definitely have too many risk committees, although some are “needed” as part of our consent order work. Some will go away when these are lifted.

Sounds like the OP just received “Needs Improvement” on their mid-year review. Try harder, OP.

The title is a bit of an oxymoron as Consulting and Execution are different functions. These jobs primarily function on the execution side IMO, implementing LOB initiatives. Quality varies a lot by individual, but these people aren't sitting around giving advice typically. As for the powerpoints and such, welcome to corporate america I guess.

It's easy to tell from the replies who has an actual job at WF, and who has one of these coloring book "consultant" jobs.

For those that replied in anger, don't you have a PowerPoint to create (based on other people's work)?

Or maybe a meeting to schedule? Don't forget to say "cadence" at least twice in the meeting. That way your boss will think you're smart and insightful.

But you're so fu----g important aren't you?! Talking down about the value of other people who were hired into roles they didn't create. I bet you'd suck Charlie's widdle we---e to get promoted wouldn't ya!

Truth

Quit blaming the consultants, Shitbag. Blame the terrible managers because they are the ones who created the roles and requisitions. You are another corporate co-k su---r.

I hate to say it but you are right