Compensation Analytics Advisor

2 weeks ago

Toronto, Canada TD Bank Full time

**TD Description**

Stay current and competitive. Carve out a career for yourself. Grow with us.

**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.

**About this Role**

The Compensation Analytics Advisor reports to the Senior Manager, Compensation Advisory, delivering professional research, high-quality analytics and technical services for the overall Wealth and Insurance Compensation Advisory** **team. The Compensation Analytics Advisor will build strong partnerships across Global Compensation, Finance, HR Business Partners and Business Leaders, and will also be acting as an in-house compensation expert supporting the Wealth & Insurance Compensation Advisory team in the design and delivery of custom rewards solutions.

**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.
- Complete all aspects of the market intelligence process including research, end-to-end employee matching, data validation, interpretation, and professional presentation of findings for over 200 roles within TD Wealth Management and TD Insurance portfolios.
- Monitor and advise on competitive market trends to ensure both compensation design and pay-level opportunities will attract and retain qualified talent.
- Build forecasting models for 20+ incentive plans and work collaboratively with the other team members to complete and submit variable pay forecasts to finance to assist in setting appropriate accruals by incentive plan and business.
- Participate in and contribute to the quarterly forecasting review with the Executives as well as the annual compensation cycle.
- Participate in and contribute to the development of tools, workshops and reference materials that increase capability for making informed Total Rewards decisions.
- Prepare detailed compensation plan analytics to evaluate incentive plan performance relative to desired business objectives and use in plan payout forecasting.
- Provide advice and counsel on complex compensation recommendations for new hires or internal moves within businesses - for executives and employees.
- Lead and participate in projects, engaging multiple stakeholders in flow of information and assignments.
- Provide business-specific, ad hoc and project-related analysis.
- Participate in broader Global Compensation Advisory projects.

**Job Requirements**

**What can you bring to TD?**
- ** Compensation Acumen**: Strong working knowledge of compensation fundamentals, including executive compensation, with a proven track record for delivering competitive compensation programs.
- ** Analytical & Conceptual Thinking**: Ability to conduct complex analysis and research and translate that knowledge into meaningful insights and recommendations for the business.
- ** Critical Thinking**: Ability to identify patterns, trends and relationships in the data that are not immediately obvious to find optimal and pragmatic solutions.
- ** 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.
- ** Acts like An Owner**: Takes ownership of issues and concerns and works to engage relevant stakeholders to resolve.
- ** Innovates with Purpose**: Ability to identify new approaches to old problems and challenge current paradigms, showing resilience in the pursuit of goals and objectives.
- ** 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**
- 4-6 years in a similar compensation-related capacity;
- Bachelors' degree in business management, human resources / labour relations, mathematics or economics preferred, or equivalent relevant working experience.

**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.

**Job Family**
- Specialized HR

**Job Category - Primary**
- Human Resources

**Job Category(s)**
- Human Resources

**Hours**
- 37.5

**Business Line**
- Corporate

**Time Type**
- Full Time

**Employment Type**
-

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