About this role:
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Corporate and Investment Banking, Commercial Banking and Wealth and Investment Management. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low carbon economy.
The Chief Sustainability Officer (CSO) is part of the Public Affairs function and reports to the Head of Public Affairs. The role is responsible for leading progress towards the company’s climate and sustainability initiatives and driving enterprise Sustainability programs, while serving as a subject matter expert and trusted advisor to the executive leadership team. The CSO works closely with executive leadership across multiple lines of business to integrate strategy with considerations to investing, human rights, social justice, and equity.
In this role, you will:
Utilize a deep understanding of the sustainability landscape and the financial services industry to provide advice and thought leadership to executive leadership on sustainability-related matters
Present key information to support strategic decision making to the Operating Committee, Board of Directors, and other executive stakeholders
Lead Wells Fargo on key sustainability topics with external stakeholders, including NGOs, shareholders, trade associations.
Steer and supervise strategies that support environmental and social impacts and
ensure alignment of sustainability strategy with the industry regulatory environment
Ensure sustainability-projects align with the company’s priorities and are strategically managed to ensure cost effectiveness, technical feasibility, and integration with other initiatives
Coordinate with key business units on relevant opportunities and challenges
Develop and lead Wells Fargo’s sustainability communications strategy, including content and narratives for relevant corporate disclosures, the Institute for Sustainable Finance website, and other channels
Ensure sustainability program processes and operations are compliant with environmental,
governmental, and industrial regulations
Manage corporate sustainability risk assessments, including climate risk assessments
Champion sustainability education and skill development across the entire organization
Supervise the bank’s Sustainability transparency and disclosure initiatives
Manage a team of approximately 25 employees
Manage budget related to sustainability initiatives
Manage allocation of people and financial resources for Strategy and Planning
Foster an internal organizational culture based on sustainable business practices and ethics while empowering employees with a positive social corporate climate
Required Qualifications:
10+ years of Community Impact or Sustainability experience, demonstrated through one or a combination of the following: work experience, training, military experience, education
5+ years of Management experience
5+ years of experience leading an ESG or Sustainability organization
Desired Qualifications:
Experience working in Financial Services or another heavily regulated environment
Proven success leading a large Sustainability organization or practice
Inspiring leadership skills to guide and motivate the team and enterprise towards a shared vision
Strategic thinker and ability to execute on a robust sustainability strategy aligned with Wells Fargo’s broader goals
Ability to engage and influence key stakeholders, including employees, customers, investors, community partners and government regulators
Technical understanding of environmental and sustainability issues, regulatory, and industry trends
Expertise with risk management to identify and mitigate environmental and sustainability risks
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$249,500.00 - $518,300.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for 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:
27 Oct 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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
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.
