Senior Consultant, Compensation Delivery

3 weeks ago

Toronto, Canada Royal Bank of Canada> Full time

Job Summary

Job Description

What is the opportunity?   

As the Senior Consultant, Compensation Delivery, you play a key role in the successful administration and reporting of various compensation programs.

What will you do?  

  • 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.

What do you need to succeed?

Must-have  

  • 2-4 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

Nice-to-have 

  • Knowledge HR Information System (SAP/Workday)
  • Solid understanding of compensation frameworks and the types of compensation programs found within large organizations.

What’s in it for you?  

We thrive on the challenge to be our best. Our team is defined by 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.

  • Approachable and caring leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team that prioritizes employee well-being and work-life balance (“burnout” is not in our vocabulary)
  • Opportunities to do challenging work

Job Skills

Adaptability, Compensation Administration, Compensation Management, Computer Literacy, Confidentiality, Critical Thinking, Data Accuracy, Data Entry, Data Gathering Analysis, Deferred Compensation, Desktop Tools, Detail-Oriented, Forward Thinking, Knowledge Organization, Long Term Planning, Oral Communications, Processing, Project Administration, Salary Structure Design, Spreadsheet Software, Team Collaboration, Time Management, User Acceptance Testing (UAT), Workforce Analytics, Written Communication

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-11-06

Application Deadline:

2024-11-21

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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