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    Compensation Consultant - Toronto, Canada - Scotiabank

    Scotiabank
    Scotiabank Toronto, Canada

    2 weeks ago

    Scotiabank background
    Description

    What you'll be doing.

    Contributes to the overall success of Total Rewards by supporting the development and delivery of Global Banking and Markets (GBM) and Executive Compensation programs and policies while ensuring compliance with governing regulations, internal policies and procedures.

    Is this role right for you? In this role you will:

  • Supports the GBM and Executive Compensation teams by:
  • Completing market compensation surveys, conducting analysis of market data and preparing results for distribution to the business and/or HR Business Partners
  • Providing analytical support in the design and implementation of GBM and Executive Compensation programs
  • Develop Excel models and conduct in-depth quantitative analysis, costing, forecasting and scenario testing, including quarterly bonus accruals
  • Participate in all aspects of the year-end compensation cycle including performing various data analytics, and investigating and resolving compensation planner data issues
  • Provide support in the preparation of term sheets and offers letters.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high performance environment and contributes to an inclusive work environment.

    • Do you have the skills that will enable you to succeed? We'd love to work with you if you have:

  • Undergraduate University degree with 2 to 3 years' experience in compensation, finance or other highly analytical position.
  • Advanced Microsoft Excel skills.
  • Strong Word and PowerPoint skills.
  • Experience in survey compensation preparation and analysis.
  • Strong mathematical aptitude and analytical skills.
  • Certified Compensation Professional (CCP) designation an asset.
  • Knowledge of legislation and regulations pertaining to compensation and knowledge of Bank policies and operations an asset.
  • Banking or Financial Services experience an asset.

    • What's in it for you?

  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers
  • A rewarding career path with diverse opportunities for professional development
  • Internal training to support your growth and enhance your skills
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success
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