Senior Manager, Compensation Advisory Wealth

Toronto, ON, Canada

Job Description


TD Description

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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 Requirements

What can you bring to TD?

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.
  • 10+ years of related experience.
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.
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. #LinkedIn-Hybrid
Hours

37.5



About this Role

This role will report to the Associate Vice President, Compensation Advisory, Canadian Banking, Wealth & Insurance. The role will lead a team of compensation professionals in delivering customized solutions aligned to the strategic requirements for the Wealth and Asset Management businesses 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 monitor trends in the competitive market with a strong understanding of external comparative organizational structures, ensuring both compensation designs and pay level opportunities support the attraction and retention of qualified talent;
  • Lead and manage the Wealth incentive compensation design roadmap and execution of design initiatives and ongoing forecasting/monitoring of plan health, competitiveness and alignment to business strategy;
  • Lead analysis/trending and conduct modeling and stress testing for incentive plan design and other strategic analysis and providing advice and support on questions of policy and interpretation of plans;
  • Preparing Board materials on Material Plans ensuring absolute data integrity and accuracy and preparing succinct summaries and overviews of initiatives;
  • Ability to lead and conduct modeling/stress-testing/analysis for the purposes of compensation design;
  • 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 executive equivalent 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 feedback to the policymakers and other total rewards specialists on the plans that require review based on operational issues or changed circumstances within business units;
Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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 and analyze data and present findings to senior business leaders
  • Superior consulting, problem solving, and analytical skills.
  • Advanced working knowledge of Excel, Word, and Power Point, and a working knowledge of Access an asset.
  • Proven management and leadership skills and must be able to persuade and influence colleagues from other areas in order to obtain cooperation in achieving objectives.
Business Line

Corporate

Job Category - Primary

Human Resources

Job Category(s)

Human Resources

Job Family

Specialized HR

Time Type

Full Time

Employment Type

Regular

TD Bank

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Job Detail

  • Job Id
    JD2152320
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned