Compensation Specialist for Global Banking and Markets
1 week ago
This is a challenging role that requires strong analytical skills, attention to detail, and the ability to work effectively in a team environment.
Job DescriptionThe 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.
Main Responsibilities:
- Support the Global Banking and Markets Compensation teams by providing analytical support in the design and implementation of GBM Compensation programs.
- Develop Excel models and Power BI reports to 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 data issues.
- Provide support in the preparation of compensation packages for recruitment.
- Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
- 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.
- Champion a high performance environment and contribute to an inclusive work environment.
To succeed in this role, you will need:
- An undergraduate university degree with 2-3 years' experience in compensation, finance or other highly analytical positions.
- Advanced Microsoft Excel skills (vlookup, pivot tables, match/index, nested ifs, etc.).
- Strong Word and PowerPoint skills.
- Experience in compensation survey preparation and analysis.
- Detail-oriented, analytical and strong mathematical aptitude.
- 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.
We offer a competitive salary range of $80,000 - $120,000 per annum, depending on your level of experience and qualifications. In addition, you will have the opportunity to work with a leading bank in the Americas, with a global scope and a diverse range of projects and challenges.
Location(s): Canada : Ontario : Toronto
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