Compensation Advisor - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

408478BR

Human Resources

Toronto, ON

May 9, 2023

Company Overview

Department Overview

The Compensation Advisory Group, within the Global Total Rewards Group, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements.

The role supports a combination of employee and executive compensation, as well as custom incentive plans.

Job Description:

About this Role

The Compensation Advisor reports to the Senior Manager, Compensation Advisory and acts as an in-house compensation expert, supporting the design and delivery of custom rewards solutions that align with strategic business requirements.

The Compensation Advisor will build great partnerships across Global Compensation, Finance, HR Business Partners, and Business Leaders. This role will support the
Canadian Personal Banking portfolio.

Key accountabilities of this role include:

Develop and maintain a thorough understanding of TD's strategic direction, ensuring business-specific compensation programs are aligned with enterprise-wide compensation principles and objectives.
Monitor and advise on competitive market trends to ensure both compensation design and paylevel opportunities will attract and retain qualified talent.
Participate in and contribute to the development of tools, workshops and reference materials that increase capability for making informed Total Rewards decisions.
Manage the annual compensation cycle for the assigned businesses, including survey submission, endtoend research and market analysis, and presentation of findings.
Provide advice and counsel on complex compensation recommendations for new hires or internal moves within businesses.
Lead and participate in projects, engaging multiple stakeholders in the flow of information and assignments.
Provide businessspecific, ad hoc, and projectrelated analysis.
Participate in broader Global Compensation Advisory projects.

Requirements:

What can you bring to TD?
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Compensation Acumen: Strong working knowledge of compensation fundamentals, including executive compensation with a proven track record for delivering competitive compensation programs.
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Analytical & Conceptual Thinking: Ability to conduct complex analysis and research and translate that knowledge into meaningful insights and recommendations for the business.
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Critical Thinking: Ability to identify patterns, trends and relationships in the data that are not immediately obvious to find optimal and pragmatic solutions.
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Project Management: Well organized with strong project management skills and able to adapt to changing priorities within a fast-paced and deadline-oriented environment.
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Executes with Speed and Impact: Can operate with high standards and build a sense of urgency to get results, always taking the initiative to find ways to get better results and improve efficiency for frequent asks.
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Acts like An Owner: Takes ownership of issues and concerns; works to engage relevant stakeholders to resolve.
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Innovates with Purpose: Ability to identify new approaches to frequently occurring problems and challenge current paradigms, showing resilience in the pursuit of goals and objectives.
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Communication and Partnerships: Communicates clearly, encourages honest dialogue, builds great partnerships, and influences others, leveraging both formal and informal networks to get things done.

Additional Information

Additional Information

46 years in a similar compensationrelated capacity.
Bachelors' degree in business management, human resources / labour relations, mathematics or economics preferred, or equivalent relevant working experience.
Advanced proficiency with Microsoft Excel.

Hours

37.5

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.