Compensation Consultant - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
Compensation Consultant

What is the opportunity?

What will you do?

Work collaboratively with HR and management to support quarterly incentive spend forecasts.
Gather historical compensation data and perform analysis that will be used as the baseline for scenario planning and compensation redesign.
Produce scheduled and ad hoc compensation reports, working with HR and business partners to consolidate and analyze relevant data.
Manage third party market research, including the cost effective collection, modeling and analysis of compensation data, providing meaningful insights and action plans.
Act as a source of expertise for HR Business Partners and people managers in respect of yearend Compensation tools and processes.
Support compensation communications, ensuring HR Business Partners, people managers and employees receive timely and easy to understand information on their compensation programs.
Drive efficiency and effectiveness through continuous process improvement, automation and streamlining.

What do you need to succeed?

Must-have

Bachelor's degree, preferably in Finance, Economics, Business, Human Resources, or a related field
Experience in compensation or management reporting and analysis
Very strong Microsoft Excel and PowerPoint Presentation skills and ability to explore new technologies to enhance the delivery of compensation information
Keen sense of numbers and strong analytical skills with the ability to multitask and handle highpress executive level requests on a regular basis
Experience in financial modelling, including understanding of statistics, risk or other quantitative metrics
Experience managing projects and executing processes and ensuring compliance with policy, legal and administrative requirements

Nice-to-have

Experience using a Webbased compensation tool, e.g., Pay Factors
Experience providing market analytics and insights
Experience in a large, complex corporate environment

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.

Continued opportunities for career advancement.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and highperforming team.

Job Summary
Provides support in the design, implementation and administration of organizational employees' base salary, incentives, performance and executive compensation. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Human Resources

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth.

We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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