Compensation Expert for Large Organizations

2 days ago

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

We are seeking a skilled Compensation Expert to join our team at the Royal Bank of Canada. This role is responsible for administering and reporting various compensation programs.

Key Responsibilities
  • Manage the administration of Capital Market's compensation program and Dominion Securities equity program through the maintenance of compensation information on internal and third-party systems & manage the monthly/annual processes, including, but not limited to:
    • tracking of mid-year/quarterly bonuses, performance related bonuses and guarantees
    • processing monthly payroll and file submissions
    • regular audits between internal and third-party systems
    • manage the annual attestation process
    • processing quarterly dividend reinvestments
    • providing critical validations to ensure accuracy of information
  • 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
  • Support the creation and execution of user acceptance testing for internal and third-party system updates
  • Maintain proper controls, procedures, and documentation
  • Key back-up to the Senior Manager, Compensation Delivery and assist in year-end compensation activities.
  • Support from HR Business Partners and other groups with requests and queries
  • Responsibilities will include other activities, as required, to support the broader Compensation Delivery team.
Requirements
  • Minimum 2-4 years of experience, preferably in Compensation, Human Resources or Finance.
  • Undergraduate degree in Business or Human Resources
  • High level of technical proficiency with MS Office products
  • Excellent communication skills – both written and verbal
  • Ability to manage multiple priorities and respond promptly to urgent matters.
  • Forward, logical thinking skills – ability to anticipate potential consequences and next steps
Benefits
  • Salary: $85,000 - $110,000 per annum, depending on experience.
  • Opportunities to work with a dynamic and collaborative team
  • A range of benefits, including health and wellness programs, retirement savings plan, and paid time off
About Us

The Royal Bank of Canada is a leading financial institution committed to delivering exceptional service to our clients and communities. We strive to create an inclusive and diverse work environment that supports the growth and development of our employees.

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