03 Sep
|
Socket.dev
|
Ontario
03 Sep
Socket.dev
Ontario
Job Description
WHAT IS THE OPPORTUNITY?
As Director Compensation, you will support the Senior Director in leading the strategic design and implementation of compensation programs for the Capital Markets business. You will work closely with senior leadership to provide expert advice on all aspects of compensation programs, policies, initiatives and solutions, and manage key compensation initiatives and analytics while building and developing the compensation team.
WHAT WILL YOU DO?
Support the Senior Director in developing and implementing compensation strategies and frameworks that support business goals and objectives
Lead the design of base salary and variable incentive programs that drive revenue generation, ensuring programs are motivational, financially viable, and aligned with intended behaviors and regulatory guidance
Support the development and preparation of RBC Human Resources Committee and Board-related compensation updates and program design documents
Work with business leaders and HR teams to drive compensation solutions for major business change initiatives
Lead and manage a full suite of detailed year-end variable compensation analytics, considering multiple data points including employee performance, business performance, and market data to arrive at well-informed compensation recommendations
Proactively stay abreast of developments in the external market, becoming an expert on relevant competitor compensation practices, key business strategies, and responses to regulatory guidance
Collaborate closely with the Senior Director on team strategy and developing the compensation team, fostering a high-performing culture committed to RBC values and accountability
Drive efficiency and effectiveness through continuous process improvement, automation, and streamlining, especially in compensation analytics
WHAT DO YOU NEED TO SUCCEED?
Must have:
7+ years’ experience in Compensation and/or Finance, ideally within a Capital Markets environment.
Undergraduate degree in Finance, Commerce, Human Resources, Organizational Behaviour or similar.
Strong analytical skills with an ability to analyze complex situations, synthesize information, understand issues, identify options, and support sound decision making; and integrate information from different sources into a coherent view.
Solid organizational, project management, and time management capabilities.
Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.
Nice-to-have
HR professional designation or Finance/Accounting certification
Experience in a matrix environment, such as a large, financial services organization
Ability to facilitate between and influence key decision makers
Strategic thinker with excellent interpersonal skills to partner across functions and businesses
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Access to a variety of job opportunities across business and geographies
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Job Skills
Adaptability, Analytical Thinking, Collaboration, Compensation Analysis, Compensation Design, Compensation Strategies, HR Compensation, Human Resources Policies, Process Improvements, Strategic Design
Additional Job Details
Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City: Toronto
Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: HUMAN RESOURCES & BMCC
Job Type: Regular
Pay Type: Salaried
Posted Date: 2026-08-28
Application Deadline: 2026-09-11
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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📌 Director Compensation (Ontario)
🏢 Socket.dev
📍 Ontario