26 Aug
|
TD Bank
|
Toronto
Page for more information.## Senior Manager, Compensation Advisory**Work Location:**Toronto, Ontario, Canada**Hours:**37.5**Line of Business:**Human Resources**Pay Details:**115,600 - $163,200 CADTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.**Job Description:****Department Overview**The Total Rewards team provides leadership and guidance in the development and delivery of effective compensation, retirement and benefit strategies, policies, and programs that support TD Bank business and talent objectives. The Compensation Advisory team supports all aspects of compensation, including compensation planning, governance, reporting, mergers and acquisitions, program design, incentive design, equity and other forms of long and short-term compensation, research, global mobility, and in-house consulting to our Human Resource Business Partners and business leaders. The Compensation Advisory team provides tailored compensation solutions, advice and consultation on all aspects of total rewards.**Job Description**This role will report to the Associate Vice President, Compensation Advisory. The role will lead a team of compensation professionals in delivering customized solutions aligned to the business strategic requirements at TD. The role will interface with senior business executives, Human Resources Business Partners, HR Advice channels, recruitment, HR Operations and Governance & Controls teams by providing strategic direction on both individualized complex total rewards initiatives as well as broader project-based reviews.The Senior Manager will be expected to collaborate with internal and external partners to manage the proactive development, implementation, and ongoing delivery of Total Rewards solutions, while ensuring alignment with the broader HR strategy. The successful candidate will be a trusted advisor who will:* Maintain a thorough understanding of the business group’s strategic direction,
ensuring alignment of business specific compensation programs with established enterprise Total Rewards principles and objectives; * Actively monitortrends in the competitive market with a robust understanding of external comparative organizational structures, ensuring both compensation designs and pay level opportunities support the attraction and retention of qualified talent. Identifies the potential implications of changes in compensation and relevant legislation for the organization; * As the head of Compensation Advisory for the assigned business group, lead and manage end-to-end activities, including day to day compensation advisory and counsel, complex compensation design, ongoing forecasting and monitoring of plan health, competitiveness and alignment to the business strategy; * Actively participates in supporting the team in critical integration activities; * Lead analysis/trendingand conduct modeling for compensation program design and other strategic analysis and providing advice and support on questions of policy and interpretation of plans; * Independently manage year-end compensation, leading a team of Compensation professionals to execute flawlessly. Delivering market intelligence and insights by monitoring participation in salary surveys to ensure competitive compensation is in line with business strategy and compensation philosophy; executive and executiveequivalent year-end recommendations; providing business specific employee plan oversight and monitoring against the forecast and intended behavioural outcomes; * Lead and/or actively participate in compensation advisory projects engaging multiple stakeholders in flow of information / assignments across functions using well-established project planning and change management skills, including managing the communication requirements; * Provide feedbackto the policymakers and other total rewards specialists on the plans that require review based on operational issues or changed circumstances within business units; **Job Requirements****Specific Educational Requirements / Accreditations:*** Possess a University degree with emphasis in business management, economics, mathematics, finance or post graduate in Human Resources or equivalent work experience.* Minimum 8 years of progressive compensation experience with a minimum of 3 years experience in a management and/or influential role**Other Qualifications/Skills/Experience:**As it relates to the above,
the successful candidate will exhibit the following key attributes and competencies:**Strategic Focus:** - Looks ahead to reasonably anticipate business opportunities and obstacles. - Creates long-term strategies and plans that reflect a thorough understanding of how the business operates.**Innovation:**- Champions breakthrough ideas, fresh perspectives and creative solutions that add value.- Fosters an environment that supports innovation and breakthrough ideas.**Critical Thinking:**- Sees connections in data, events, trends, etc., not obvious to others.- Quickly analyzes complex problems to find actionable, pragmatic solutions.- Identifies unique approaches to deal with situations for which no known precedent exists.- Makes judgment-based recommendations that have wide-ranging impacts on a given area.**Courageous Leadership:**- Proactively shares information, best practices and ideas with others, and articulates a compelling vision, purpose and direction that inspires others to follow.- Builds a sense of urgency in the team to get results and takes the initiative to find ways to get better results.- Confronts and works to resolve tough issues under tight timelines**Execution:**- Translates strategies into plans that can be effectively executed and establishes clear responsibility for action against priorities.- Demonstrates perseverance, resilience in the pursuit of goals and a passion for winning in the marketplace.- Balances competing priorities without losing momentum behind execution.**People Development:**- Encourages and coaches' people to build their skills and improve their performance.- Values and leverages people with different perspectives and experiences.- Creates a work environment that makes work rewarding and enjoyable and recognizes and celebrates the significant achievements of others.**Communication:**- Clearly communicates ideas, plans and priorities to others and persuasively communicates to win support.- Encourages the honest expression and debate of different views and ideas.- Understands and uses informal networks to get things done. Superior business acumen and business writing skills**Operational Excellence:**- Makes people proud to be part of the company because of his/her personal standards.- Demonstrates a passion for mastering the details of the business and the marketplace.- Leverages understanding of key business drivers to get results and demonstrates functional/ technical mastery of the current job.**Additional Information**Specific Qualifications - The preferred candidate will possess:- Proven track record executing, administering, and designing competitive total rewards programs- Significant experience in a numerical/analytical capacity with the ability to review#J-18808-Ljbffr
📌 Senior Manager, Compensation Advisory - C$115,600 - C$163,200 A Year (Toronto)
🏢 TD Bank
📍 Toronto