Job Description Referral Level: Level 2

Location: Toronto

IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $310billion in assetsas of December 31, 2025. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments.

Mackenzie Investments, founded in 1967, is a key part of IGM's business model, serving as a comprehensive asset-management partner for Canadian financial advisors and their clients.

At Mackenzie Investments You Can Build Your Career with Confidence. We are proud to be recognized as one of Canada’s Top 100 Employers for the fourth consecutive year and one of Canada’s Best Diversity Employers. Our vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals.

Join our team to engage in continuous learning and skill development in a supportive environment.Experience the best of both worlds with our hybrid work environment, where you spend three days a week in the office, connecting, collaborating, and enjoying quality time with your amazing colleaguesOur Values: Be better;we strive for improvement in everything we do.Be accountable;we foster clarity and are empowered to act responsibly.Be a team;we are united to drive collective impact to achieve our goals.

We are currently looking for a

Senior Manager or Director, Compensation

to join our IGM Human Resources department located in Toronto, Winnipeg or Montreal.

Within the Human Resources Department of IGM, the Compensation team supports the company and its business units to attract, engage,



and retain top talent by ensuring competitive compensation packages are offered and excellence in performance is rewarded. The team has overall responsibility for the design, implementation, and administration of all corporate and specialized incentive compensation programs at Mackenzie Investments.

As a valued member of the Compensation team your core responsibilities will include:

Overall Compensation Consultation for the Asset Management Business:

Provide expert advice to HR Business Partners on compensation decisions and impacts related to the

Asset Management

business

Work with the compensation team on corporate compensation matters e.g. salary structure, year end annual compensation cycle

Special Compensation Program Management:

Lead the

development and design

of IGM’s

sales compensation

programs supporting the

Asset Management

businesses. You will:

Work closely with senior leaders and key stakeholders in understanding the strategic priorities and financial impacts of the compensation plans

Provide innovative and effective compensation solutions that drive the right behaviours of the sales and investment management team and achieve success in key business metrics

Provide SME advice and counsel in managing the compensation plans on an ongoing basis

Responsible for the implementation and administration of the

sales compensation

plans including:





Lead a team of compensation professionals that manage the execution of the specialized incentive plans

Working with key business stakeholders including senior leaders, investment management team and the sales team in the management of the compensation plans including regular communication, reporting, and analysis

Manage the partnership with key stakeholders in the calculation process including members of the Compensation, Finance and Sales Analytics teams to ensure the commissions are managed within a timely, accurate and efficient process

Manage the partnership with technology in the continued development and improvement of the Specialized Incentive Plan Tool which is the system that calculates, reports and forecasts incentives for the Investment Management business line.

The following qualifications are required of the successful candidate:

7-10 years of progressive/relevant business experience in employee compensation

University degree in business administration or related disciplines and Compensation Skilled Discipline is preferred

Strong analytical and numeric skills with the ability to interpret and communicate the data effectively

Demonstrated experience with compensation principles and concepts, including knowledge of job evaluation, pay structure, variable pay experience, pay equity legislation, annual merit budgeting, and the use of competitive pay analysis

Demonstrated experience with designing and implementing sales compensation programs

Proactive leader with proven decision-making skills and the ability to manage expectations effectively to successfully achieve multiple, compe

📌 Director Compensation (Toronto)
🏢 Mackenzie Investments
📍 Toronto