Role specification for the position of: Wells Fargo Head of Corporate Benefits Job Code 5094027

Role specification for the position of:

                        Wells Fargo
          Head of Corporate Benefits
                  Job Code 5094027

ROLE SPECIFICATION
Head of Corporate Benefits
Wells Fargo

                                 Wells Fargo Corporation

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified financial services
company with $1.7 trillion in assets. Founded in 1852, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial finance
services through more than 8,700 locations, more than 12,500 ATMs, online
(wellsfargo.com), and mobile devices. We’re headquartered in San Francisco, but
we’re decentralized so every local Wells Fargo store is a headquarters for satisfying
all our customers’ financial needs and helping them succeed financially. We do
business with 70 million customers and one in three U.S. households. Wells Fargo
has approximately 265,000 team members in 36 countries across our more than 90
businesses. At the end of fourth quarter 2014, Wells Fargo ranked fourth in assets
among U.S. banks and was the world’s most valuable bank by market capitalization.
In 2014, Wells Fargo was named “Most Respected Bank” by Barron’s magazine,
“Most Admired” among the world’s largest banks by Fortune magazine, and “Best
U.S. Bank” by The Banker magazine. The Chronicle of Philanthropy ranked Wells
Fargo’s corporate cash giving in the top two among all U.S. companies each of the
past two years.

Benefits Philosophy
Wells Fargo benefit plans are designed to promote shareholder value and our vision
of "people as our competitive advantage" by:
   Enabling Wells Fargo's ability to attract and retain high quality, high
    commitment team members
   Promoting team members' health and wellness and protecting them against
    catastrophic loss
   Sharing responsibility with team members to promote and engage in
    appropriate utilization, and enhance understanding and value.

The Position:          Head of Corporate Benefits

Reports to:             Justin Thornton
                        EVP, Compensation & Benefits

Location:              San Francisco, CA; Charlotte, NC; Minneapolis, MN

ROLE SPECIFICATION
Head of Corporate Benefits
Wells Fargo

The Role:

The Head of Benefits is responsible for the overall strategy, design, implementation,
administration and compliance of the Wells Fargo benefits program. This role will
be critical to continuing Wells Fargo’s positioning as an employer of choice and a
leader in the financial services industry.

The candidate we seek will have a proven track record as a leader with consulting
and /or corporate benefits program management, with strong financial/actuarial
skills, business acumen and outstanding interpersonal skills. This individual will
manage a benefits team across several geographic locations, as well as management
of outsourced relationships with plan administrators. In addition, this leader will
interface with multiple internal staff specialist groups, to effectively deliver an
outstanding benefits experience and program to approximately 800,000 team
members, dependents, and retirees.

The primary responsibilities of this role:
 Develop the benefits philosophy and strategy, and translate them into actionable
   programs, operations and activities.
 Ensure that benefits programs support the company’s strategic objectives and
   comply with all legal requirements.
 Lead across Wells Fargo businesses and stakeholders to bring consensus to
   policies and practices that support the enterprise.
 Promote and manage a strong risk management culture and ensure strong
   management of operational, financial and regulatory risk.
 Anticipate and respond with creativity and agility to a rapidly changing internal
   and external environment.

The successful candidate will possess proven relationship building and
collaboration skills with the ability to engage and influence leaders in a variety of
business divisions. He/she will demonstrate a record of promoting a culture of
collaboration and teamwork across organizational boundaries. This position will
need the skills and experience to develop strong working relationships with HR
colleagues and key Wells Fargo leaders to determine how benefits and benefits
solution tools can enhance the work environment and help drive employee
performance. Other key stakeholders include Legal, Finance, Corporate Technology,
HR Operations, and HR Communications.

Strong verbal and written communications skills are required as this role will be
required to provide analysis and make presentations to senior leaders, and
corporate executives. Successful candidates will also have experience working in
large, complex, dynamic organizations with multiple business groups and broad
geographic reach and the ability and tolerance to work in an ambiguous
environment.

ROLE SPECIFICATION
Head of Corporate Benefits
Wells Fargo

The candidates we seek will be able to demonstrate the ability to plan, prioritize and
set goals and possess the urgency about meeting and exceeding the objectives of the
role. They should also have a strong business-oriented perspective with the ability
to effectively consult with a variety of internal clients.

To be successful in this role the leader will need to demonstrate strong Strategic,
People, and Operational leadership skills.

    Strategic leadership. The ability to assess short- and long-term market trends
    and Wells Fargo’s competitive needs to design a holistic benefits program that
    drives business results. Specific areas of focus include:

   Affordable Care Act and employer changes to sponsored health insurance.
   Implications of a generational transition from defined benefit programs to
    defined contribution programs.
   Changing workforce demographics and work/life needs.

    People leadership. A strong people leader who can be successful in Wells
    Fargo’s collaborative leadership culture.

   Build, develop, motivate and sustain a high performing team of leaders and
    technical experts who can successfully guide and manage our programs on
    behalf of Wells Fargo.
   Develop collaborative partnerships with key departmental leaders to develop,
    implement and communicate benefits programs.

    Operational leadership. Ensure robust management of day to day operations.

   Aggressively manage costs throughout the system, including claims trend and
    vendor contracts.
   Oversee robust governance and operational processes for our vendor partners.
   Oversee a robust and disciplined financial analytics process to deliver reliable
    financial forecasts for programs with annual gross funding in excess of $5.0
    billion.
   Continue build of international benefits programs and operations.

    Required Experience:

   A minimum of 10 years’ experience in progressive leadership experience leading
    and managing multiple layers of managers in multiple locations.

ROLE SPECIFICATION
Head of Corporate Benefits
Wells Fargo

    Preferred Experience:

   7 years’ experience managing the strategy, design, implementation,
    administration and compliance of benefits plans.
   Strong preference for leadership experience in a consulting/benefits
    administrations organization, and /or a corporate benefits development and
    administration. Other healthcare or benefit plan provider experience is also
    desired.
   Extensive technical benefits knowledge and a thorough understanding of
    regulatory and legal issues relating to benefits administration.
   Demonstrated competence regarding benefits financial and actuarial issues, and
    their impact on the Company s finances
   International benefits experience
   Bachelor's degree, advanced degree preferred

Search Team:

Jim Fahy
Manager, Executive Recruiting
704-715-7787
james.fahy@wellsfargo.com

Wayne Newell
Executive Recruiter
704-383-9017
Wayne.newell2@wellsfargo.com