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Compensation Consultant, GBM Compensation

1 month ago

Old Toronto, Canada Scotiabank Full time
Title: Compensation Consultant, GBM Compensation

Requisition ID: 210841

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

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

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

  1. Support the Global Banking and Markets Compensation teams by:
  2. Complete market compensation surveys, conducting analysis of market data and preparing results for distribution to the business and/or HR Business Partners.
  3. Provide analytical support in the design and implementation of Global Banking and Markets Compensation programs.
  4. Develop Excel models and Power BI reports to conduct in-depth quantitative analysis, costing, forecasting, and scenario testing.
  5. Participate in the year-end compensation cycle including performing various data analytics, providing reports to HR Business Partners and investigating and resolving data issues.
  6. Provide support in the preparation of compensation packages for recruitment.
  7. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  8. Actively pursue effective and efficient operations of 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.
  9. Champion a high-performance environment and contribute to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  1. Undergraduate University degree with 2 to 3 years’ experience in compensation, finance or other highly analytical position.
  2. Advanced Microsoft Excel skills (vlookup, pivot tables, match/index, nested ifs, etc.).
  3. Strong Word and PowerPoint skills.
  4. Experience in compensation survey preparation and analysis.
  5. Detail-oriented, analytical and strong mathematical aptitude.
  6. Certified Compensation Professional (CCP) designation or working towards an asset.
  7. Knowledge of legislation and regulations pertaining to compensation and knowledge of Bank policies and operations an asset.
  8. Banking or Financial Services experience an asset.

What's in it for you:

  1. Global scope.
  2. You will have an assigned portfolio and will support projects as appropriate.
  3. You may participate in presenting analysis and recommendations.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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