Director Compensation
2 weeks ago
The Role We are currently looking for a Director, Compensation to join our IGM Human Resources department located in Toronto. Within the Human Resources Department of IGM, the Compensation team supports the company and its business units to attract, engage, and retain top talent by ensuring competitive compensation packages are offered and excellence in performance is rewarded. The team has overall responsibility for the design, implementation, and administration of all corporate and specialized incentive compensation programs at Mackenzie Investments. Responsibilities As a valued member of the Compensation team your core responsibilities will include : Provide expert advice to HR Business Partners on compensation decisions and impacts related to the Asset Management business. Work with the compensation team on corporate compensation matters e.g. salary structure, year end annual compensation cycle. Special Compensation Program Management Lead the development and design of IGM’s sales compensation programs supporting the Asset Management businesses. You will: Work closely with senior leaders and key stakeholders in understanding the strategic priorities and financial impacts of the compensation plans. Provide innovative and effective compensation solutions that drive the right behaviours of the sales and investment management team and achieve success in key business metrics. Provide SME advice and counsel in managing the compensation plans on an ongoing basis. Responsible for the implementation and administration of the sales compensation plans including leading a team of compensation professionals that manage the execution of specialized incentive plans. Working with key business stakeholders including senior leaders, investment management team and the sales team in the management of the compensation plans including regular communication, reporting, and analysis. Manage the partnership with key stakeholders in the calculation process including members of the Compensation, Finance and Sales Analytics teams to ensure the commissions are managed within a timely, accurate and efficient process. Manage the partnership with technology in the continued development and improvement of the Specialized Incentive Plan Tool which is the system that calculates, reports and forecasts incentives for the Investment Management business line. Qualifications 7-10 years of progressive/relevant business experience in employee compensation. University degree in business administration or related disciplines; Compensation Professional Discipline is preferred. Strong analytical and numeric skills with the ability to interpret and communicate data effectively. Demonstrated experience with compensation principals and concepts, including knowledge of job evaluation, pay structure, variable pay experience, pay equity legislation, annual merit budgeting, and the use of competitive pay analysis. Demonstrated experience with designing and implementing sales compensation programs. Proactive leader with proven decision‑making skills and the ability to manage expectations effectively to successfully achieve multiple, competing priorities. Proven experience working with business leaders and senior professionals. The ability to produce high quality work under time pressure and to work as part of a team. Knowledge of general Human Resources practices & policies, laws and regulations as applicable to compensation. Benefits COMPETITIVE COMPENSATION & RECOGNITION: competitive base salary, performance‑weighted bonus, education / career support, option to join Employee Share Purchase Plan with employer matching component. Employee Benefits Competitive health and dental coverage, flexible plan for you and your family. Retirement Savings Programs Voluntary Defined Contribution Pension Plan. Insurance Employer sponsored short‑term and long‑term disability. Work Life Balance Paid volunteer days, competitive time off, including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements. Inclusive Culture and Diversity Living our core values: Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG) communities are volunteer employee‑led groups formed around a common interest, identity, or background. IGM is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas. IG is an accessible employer committed to providing a barrier‑free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs. How to Apply Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to We thank all applicants for their interest in IG Wealth Management; however, only those candidates selected for an interview will be contacted. #J-18808-Ljbffr
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