Ok. So... let’s say you work in Compliance. Almost a 4,000 headcount. Things aren’t going well. Your job search is going nowhere if at a senior level because having “Wells Fargo Compliance” on your resume is a career ki---r. It’s easier for the lower level folks to move around. Clearly Paula’s stay is not going to last long. Things are getting worse. Not better. They need another year just to start to understand how Wells Fargo manages compliance risk. Sound wild but trust me. They don’t know. All new people at the top making a lot of assumptions.
So, what do you do in this scenario? No one wants you from the outside.
Either you go to a smaller bank or you attempt a career change.
Clearly, they don’t need anywhere close to 4,000 people in Compliance. It’s actually making things worse to be that bloated.