Molly Nickel

AVP Sr. Compensation Consultant @ Wells Fargo | Bachelor of Science, MBA

Role
AVP - Sr Compensation Consultant at Wells Fargo
Location
Phoenix, AZ, US
LinkedIn followers
500 followers

About Molly Nickel

Strategic Compensation and Total Rewards leader with over a decade of experience designing, leading, and optimizing enterprise-wide pay programs across Fortune 500 and high-growth organizations.I specialize in developing compensation frameworks that balance competitiveness, equity, and fiscal responsibility — enabling companies to attract, retain, and motivate top talent. My background includes leading large-scale job architecture redesigns, modernizing pay structures, and aligning compensation with organizational strategy and performance outcomes.Known for my ability to translate complex data into clear business decisions, I partner closely with executives, HR leaders, and Talent Acquisition teams to drive scalable solutions and strengthen organizational health.Core Strengths:• Compensation Strategy & Design• Executive & Variable Pay Programs• Pay Equity & Market Benchmarking• Total Rewards & Workforce Planning• Performance & Compensation Calibration• Leadership Enablement & Communication• Job Architecture & Market AlignmentPassionate about creating compensation programs that drive engagement, transparency, and business performance.

Experience

  1. AVP - Sr Compensation Consultant

    Wells Fargo

    Sep 2024 — Present · US

    Serve as senior compensation advisor to executive leadership within the Consumer, Small Business Banking and Lending (CLB) division, supporting Marketing, Digital, Data & AI, and the Chief Administrative Office. Lead enterprise-wide compensation initiatives and provide executive-level guidance across the full employment lifecycle- Lead executive and senior leader compensation strategy supporting multiple enterprise functions within CSBB- Delivered enterprise-wide grade realignment impacting thousands of roles, improving internal equity and market alignment- Designed and approved executive offer packages, ensuring competitive positioning while maintaining budget and governance controls- Led performance and compensation calibration cycles, aligning pay outcomes to performance ratings and enterprise pay philosophy- Advised executives through workforce actions including reorganizations, displacements, and separations, mitigating risk and ensuring compliance- Established standardized hiring and offer governance processes, reducing offer exceptions and improving time-to-decision.

Education

  • Grand Canyon University

    Master of Business Administration (M.B.A.), Human Resources Management and Leadership Management

    2010 — 2012

  • Keller Graduate School of Management of DeVry University

    Graduate Certificate, Project Management

    2013 — 2014

  • Arizona State University

    Bachelor of Science (BS), Global Business

    2005 — 2010

Skills

  • Financial Services
  • Employee Training
  • Credit Analysis
  • Microsoft Office
  • Icims
  • Consumer Lending
  • Banking
  • Recruiting
  • Essbase
  • Hyperion Reports
  • Financial Planning
  • Project Management
  • Financial Reporting
  • Executive Compensation Planning
  • Forecasting
  • Managerial Finance
  • Microsoft Powerpoint
  • Financial Risk
  • Oracle
  • Financial Advisory
  • Talent Management
  • Investments
  • Finance
  • Process Improvement
  • Incentive Programs
  • Management
  • Team Building
  • Background Checks
  • Powerpoint
  • Microsoft Excel
  • Employee Relations
  • Strategic Planning
  • Training
  • Analytics
  • Strategy
  • Ultipro
  • Customer Service
  • Microsoft Word
  • Financial Modeling
  • Strategic Financial Planning

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