Director Compensation

Join to apply for the Director Compensation role at Mackenzie Investments IGM Financial Inc., a leading wealth and asset management company in Canada, manages approximately $271 billion in assets and offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments. Job Description Grade: L9Referral Level: Level 2Division: IGM Human Resources Mackenzie Investments, founded in 1967, serves as a comprehensive asset‑management partner for Canadian financial advisors and their clients. We are proud to be recognized as one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers. 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, 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. Core Responsibilities Overall Compensation Consultation For The Asset Management Business 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 such as salary structure and 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. Key activities include: Working closely with senior leaders and key stakeholders to understand strategic priorities and financial impacts of the compensation plans. Providing innovative and effective compensation solutions that drive appropriate behaviours of the sales and investment management team and achieve success in key business metrics. Offering 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 the specialized incentive plans. Collaborating with key business stakeholders, senior leaders, and the sales and investment management teams in the management of the compensation plans, including regular communication, reporting, and analysis. Managing the partnership with key stakeholders in the calculation process to ensure commissions are managed within a timely, accurate, and efficient process. Managing the partnership with technology to continue the development and improvement of the Specialized Incentive Plan Tool, which calculates, reports, and forecasts incentives for the Investment Management business line. The Following Qualifications Are Required Of The Successful Candidate 7‑10 years of progressive or 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 principles and concepts, including knowledge of job evaluation, pay structure, variable pay experience, pay equity legislation, annual merit budgeting, and 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 applicable to compensation. Benefits Competitive base salary, performance‑weighted bonus, education/career support, and the option to join the Employee Share Purchase Plan with an employer‑matching component. Competitive health and dental coverage with employer‑sponsored coverage for you and your family. Voluntary Group RRSP enrollment with employer‑matching component. Employer‑sponsored short‑term and long‑term disability insurance. Paid volunteer days, 10 wellness days off, WorkPerks discount program, and hybrid & flexible work arrangements. Inclusive culture and diversity: living our core values and engaging with community through Business Resource Groups. IGM is a diverse workplace committed to doing business inclusively, encouraging applications from all qualified candidates that represent the diversity present across Canada. Mackenzie Investments is an accessible employer committed to providing a barrier‑free recruitment experience. If you require accommodation or alternative format during the recruitment process, please contact the Talent Acquisition team. How to Apply: Interested candidates should submit their resume and cover letter detailing qualifications and experience to . Only selected candidates will be contacted. #J-18808-Ljbffr