Compensation Consultant, Gbm Compensation

3 weeks ago

Toronto, Canada Scotiabank Full time

Requisition ID: 173906

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

**Purpose**

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.

**Key Accountabilities**

Supports the Global Banking and Markets 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 Compensation programs
- Develop Excel models and conduct in-depth quantitative analysis, costing, forecasting and scenario testing
- Participate in the year-end compensation cycle including performing various data analytics, providing reports to HR Business Partners and investigating and resolving Global Compensation Planner (GCP) data issues
- Assist in the preparation of materials for the Human Capital and Compensation Committee of the Board
- Provide support in the preparation of term sheets
- 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.

**Experience / Education**:

- 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 compensation survey preparation and analysis.
- Strong mathematical aptitude and analytical skills.
- Certified Compensation Professional (CCP) designation or working towards 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.

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, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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