Senior Equity Compensation Specialist

4 weeks ago

Toronto, Ontario, Canada Royal Bank of Canada> Full time

Job Summary

Job Description

What is the Opportunity?

As a key member of Royal Bank of Canada's Compensation Delivery team, the successful candidate will play a pivotal role in the successful delivery and reporting of a broad group of equity/deferred compensation programs. This role requires a balance between developing technical expertise and providing exceptional client service.

Key Responsibilities:

  • Provide critical support to the Senior Manager, Compensation Delivery to ensure uninterrupted delivery and ongoing project management
  • Manage the full administration of the grant and vest processes for monthly and/or annual awards of equity/deferred compensation programs, ensuring sufficient controls and supporting enhanced process documentation
  • Resolve equity-related concerns/issues and serve as a key contact to award participants, including senior executives
  • Ensure accurate and timely quarterly administration of the dividend reinvestment process, including audits on internal HRIS and third-party recordkeeping systems
  • Provide reports to internal partners, such as Finance, Compliance, Corporate Treasury, Compensation Governance, and others as required
  • Respond to queries for award balances from HR Business Partners, Employee Relations, Law, and other groups as required
  • Partner with external tax advisors to ensure appropriate treatment of equity/deferred compensation payments for cross-border employees, and provide accurate reporting to Canadian and international payroll teams
  • Strengthen relationships with external providers to better leverage key platforms, exploring improved reporting and increased uses for validations
  • Manage year-end activity planning for all equity compensation plans in-scope, identifying and implementing ongoing enhancements
  • Develop new and/or enhance existing education materials to broaden equity knowledge across participants and partners
  • Provide back-up support to the Senior Consultant, Executive Services
  • Manage ad hoc compensation projects and other duties as required

Requirements:

  • 2 – 4+ years of relevant work experience in Compensation, Human Resources (with an exposure to Finance, an asset)
  • Undergraduate degree in Business or Human Resources
  • Solid understanding of compensation frameworks and the types of compensation programs found within large organizations
  • Excellent communication skills – both written and verbal
  • Solid relationship building skills; client service orientated and flexibility to work in a fast-paced environment dealing with constant change
  • Detail orientated, analytical aptitude
  • High level of technical proficiency with MS Office products and knowledge of and experience with SAP, Shareworks and/or Workday would be preferred

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
  • Ability to make a difference and have lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to take on progressively greater scope of work

Job Skills

Adaptability, Adapt Quickly, Always Learn, Analytical Acumen, Compensation Management, Compensation Plans, Creative Visioning, Critical Thinking, Deferred Compensation, Detail-Oriented, Equity Compensation, Goal Setting, HR Legal, Human Resources Policies, Knowledge Organization, Management Reporting

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