Avp, Compensation Advisory

4 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 Total Rewards team provides leadership and guidance in the development and delivery of effective compensation, retirement and benefit strategies, policies, and programs that support TD Bank business and talent objectives. The Compensation Advisory team supports all aspects of compensation, including compensation planning, governance, reporting, mergers and acquisitions, program design, incentive design, equity and other forms of long and short-term compensation, research, and in-house consulting to our Human Resource Business Partners. The Compensation Advisory team provides tailored compensation solutions, advice and consultation on all aspects of Total Rewards.- Reporting to the Vice President Compensation Advisory, the AVP Compensation Advisory is a senior rewards leader responsible for overseeing a team of high-performing rewards professionals who act as trusted advisors supporting Corporate, Platforms & Technology, and the Transformation, Enablement and Customer Experience organizations. The AVP works in close partnership with business leaders, HR Business Partners, and enterprise HR groups to develop and deliver high-caliber compensation guidance, programs and initiatives that align to the business and talent objectives and propel our Human Resources and Total Rewards strategy.
- The AVP will collaborate with internal and external partners to manage the proactive development, implementation and ongoing delivery of our programs. In doing so, the AVP will:

- Contribute to the Compensation Advisory vision and strategy and long-term planning activities which underpin TD's Human Resources Strategy
- Have a thorough understanding of the various business groups' strategic direction and ensure alignment of business-specific compensation programs to regulatory requirements and enterprise Total Rewards principles, objectives and organizational values
- Actively monitor trends in the competitive market and build out strategies to support the business in enabling their talent strategy
- Build a strong understanding of external comparative organizational structures, ensuring both compensation designs and pay level opportunities support the attraction and retention of talent
- Continue to optimize the forecasting/monitoring of incentive plan effectiveness with a view of deepening analytics and insights, making connections through data and adding value for the business from a productivity, engagement and conduct risk lens
- Lead the team in ongoing and ad-hoc analysis/trending and conduct modeling and stress testing for strategic analysis
- Provide trusted advice and support to executives and HR Business Partners on questions of policy and interpretation of compensation guidelines and incentive plans
- Prepare Conduct Risk Committee and Board materials, ensuring absolute data integrity and accuracy and preparing succinct summaries and overviews of initiatives
- Provide enterprise oversight and critical expertise on the Executive Compensation Program, as well as oversee complex employee recommendations with a goal of optimizing current processes for effectiveness and efficiencies
- Lead year end for the portfolios in scope under the role, providing guidance to senior business leaders, including SET, HR Business Partners and provide oversight of the team to ensure alignment with TD's compensation philosophy
- Lead a team of rewards professionals, with strong emphasis on performance management, coaching, development and team engagement

**Job Requirements**

**Leadership Capabilities**:
**Strategic Focus**:

- Creates long-term strategies and plans that reflect a thorough understanding of how the business operates.
- Proactively looks ahead to anticipate and manage business opportunities, regulatory environment and business obstacles.
- Develops and articulates a compelling vision, purpose and direction that inspires others to follow with impact and meaning.
- Demonstrates strong understanding of business drivers to get results.

**Courageous Leadership**:

- In-depth experience leading large teams supporting performance management, coaching and development to support engagement and growth
- Builds a sense of urgency in the team to get results and takes the initiative to find ways to get better results.
- Creates a work environment that makes work rewarding and enjoyable and recognizes and celebrates the significant achievements of others.

**Align Key Stakeholders**:

- Superior negotiation and influencing skills to enable your teams and the organization to make an impact and drive organizational change
- Operate and align programs across functions and business lines to ensure the customer is at the center of strategy
- Understands and uses formal and informal networks to get things done.

**Innovation**:

- Champions breakthrough ideas, fresh perspectives and creative solutions that add val

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