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Compensation and Benefits Manager

2 months ago


Toronto, Ontario, Canada American Express Full time
About the Role

We are seeking a highly skilled Compensation and Benefits Manager to lead our compensation and benefits agenda for Canada. This is a critical role that requires a strong understanding of Canadian compensation and benefits practices, tax structures, and working experience in both federal and provincial legislation.

Key Responsibilities
  • Ownership of all benefit programs and related policies, including design, vendor management, and ongoing assessment of effectiveness.
  • Leadership of the compensation agenda, including benchmarking, pay ranges, and advice to business leaders and other stakeholders to support the colleague agenda.
  • Partnering with the International Colleague Strategic Partner team on strategies and initiatives that drive colleague engagement.
  • Ensuring local programs are compliant with local regulations and internal American Express standards, specifically providing oversight of and ensuring compliance with C&B requirements relating to our banking license in Canada.
  • Leading the design and delivery of a comprehensive benefit program to meet business objectives, that is competitive, ensuring vendor adherence to service operating principals and metrics.
  • Partnering with Servicing and Payroll teams on delivery and implementation of benefit programs and changes.
  • Monitoring the effectiveness of existing compensation practices and recommending changes that are cost-effective and consistent with global standards.
  • Leadership of our pay equity analysis and reporting and other strategic C&B projects.
  • Providing in-country support to global C&B processes, including the annual compensation review and bonus cycle, compliance of C&B programs, and applicable approvals.
  • Leadership of initiatives that support our Healthy Living and Smart Saving strategies.
  • Representing C&B in local senior leader forums and Board meetings.
  • Providing market support for major global C&B change initiatives and facilitating effective local communication of the global C&B agenda.
  • Assessing and mitigating against risks in the C&B agenda and remediating any identified areas of risk.
  • Leading the Retirement Plan review committee to ensure regular review of plan investment performance, review of fund assets, and ensure compliance with respect to legislative reporting as required. This role would also be a member of the retirement committee.
  • Facilitating the engagement of specialist teams, including Colleague Servicing, Healthy Living Strategy, and Global Compensation, in support of the Canada C&B agenda.
Requirements
  • Undergraduate degree in Business/Human Resources or other related field or a combination of proven 5-7 years C&B management experience with strong demonstration of Canadian C&B practices, tax structures, and working experience in both federal and provincial legislation.
  • Exceptional collaboration and relationship skills.
  • Ability to lead people, including leadership of non-direct report roles.
  • Demonstrated ability to work with multiple stakeholders.
  • Ability to communicate to and influence senior leaders.
  • Strong analytical and problem-solving approach.
  • An ability to think creatively and innovate.
  • Advanced project management experience.
About American Express

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

  • Competitive base salaries.
  • Bonus incentives.
  • Support for financial-well-being and retirement.
  • Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location).
  • Flexible working model with hybrid, onsite, or virtual arrangements depending on role and business need.
  • Generous paid parental leave policies (depending on your location).
  • Free access to global on-site wellness centers staffed with nurses and doctors (depending on location).
  • Free and confidential counseling support through our Healthy Minds program.
  • Career development and training opportunities.
Equal Employment Opportunity

American Express is committed to providing an inclusive and accessible work environment in which all people who apply for positions or who work for or on behalf of Amex are treated with dignity and respect and are provided with equal treatment with respect to employment, regardless of that person's age, sex, sexual orientation, gender identity, gender expression, race, color, ancestry, ethnic or national origin, citizenship, religion or creed, marital status, family status, pregnancy, disability, record of offenses, social condition, or origin, political beliefs, association, or activity, or other factors prohibited under applicable Human Rights legislation.

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.