Compensation Advisor - Global Technology & Solutions

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 82,000 - 115,000; Full time

Job summary

The Toronto-Dominion Bank (Canada) is seeking a Compensation Advisor to join the Global Total Rewards Group in Toronto. You will design and deliver tailored compensation solutions for the technology portfolio.

Ideal candidates have 4–6 years in compensation, a relevant bachelor's degree, and strong knowledge of executive and sales compensation. You will partner with Finance, HR, and business leaders to drive fair, competitive pay programs.

Qualifications

• 4-6 years in a similar compensation-related capacity.
• Bachelor's degree in business management, HR/IR, mathematics or economics.
• Strong compensation acumen with executive and sales compensation knowledge.

Responsibilities

• Develop and maintain an understanding of TD’s compensation programs aligned with enterprise principles.
• Monitor market trends to inform pay design and opportunities.
• Complete variable pay forecasts with Finance partnerships.
• Contribute to tools, workshops and reference materials for Total Rewards decisions.
• Manage the annual compensation cycle, including survey submission and market analysis.
• Provide advice on compensation for new hires or internal moves at all levels.
• Lead and participate in projects with multiple stakeholders.
• Review and design sales incentive plans for assigned businesses.
• Provide ad hoc and project-related analysis.

Skills

Compensation Acumen

Analytical Thinking

Critical Thinking

Project Management

Speed & Impact

Ownership

Innovative Thinking

Communication

Education

Bachelor's degree in business management, HR / labour relations, mathematics or economics

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Human Resources Pay Details: 81,600 - 115,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description

The Compensation Advisory Group, within the Global Total Rewards Group, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements.

The Compensation Advisor reports to the Senior Manager, Compensation Advisory and acts as an in-house compensation expert, supporting the design and delivery of custom rewards solutions that align with strategic business requirements. The Compensation Advisor will build great partnerships across Global Compensation, Finance, HR Business Partners and Business Leaders. This role will support the Global Technology & Solutions portfolio.

Key accountabilities of this role include:

• Develop and maintain a thorough understanding of TD’s strategic direction, ensuring business-specific compensation programs are aligned with enterprise-wide compensation principles and objectives;
• Monitor and advise on competitive market trends to ensure both compensation design and pay-level opportunities will attract and retain qualified talent;
• Complete and submit variable pay forecasts to our Finance partners;
• Participate in and contribute to the development of tools, workshops and reference materials that increase capability for making informed Total Rewards decisions;
• Manage the annual compensation cycle for the assigned businesses, including survey submission, end-to-end research and market analysis, and presentation of findings;
• Provide advice and counsel on complex compensation recommendations for new hires or internal moves within businesses - for executives and employees;
• Lead and participate in projects, engaging multiple stakeholders in the flow of information and assignments;
• Participate in the review and design of sales incentive plans for the assigned businesses;
• Provide business-specific, ad hoc and project-related analysis;
• Participate in broader Global Compensation Advisory projects.

Job Requirements

• Compensation Acumen: Strong working knowledge of compensation fundamentals, including executive compensation and sales compensation with a proven track record for delivering competitive compensation programs.
• Analytical & Conceptual Thinking: Ability to conduct complex analysis and research and translate that knowledge into meaningful insights and recommendations for the business.
• Critical Thinking: Ability to identify patterns, trends and relationships in the data that are not immediately obvious to find optimal and pragmatic solutions.
• Project Management: Well organized with strong project management skills and able to adapt to changing priorities within a fast-paced and deadline-oriented environment.
• Executes with Speed and Impact: Can operate with high standards and build a sense of urgency to get results, always taking the initiative to find ways to get better results and improve efficiency for frequent asks.
• Acts like An Owner: Takes ownership of issues and concerns; works to engage relevant stakeholders to resolve.
• Innovates with Purpose: Ability to identify new approaches to frequently occurring problems and challenge current paradigms, showing resilience in the pursuit of goals and objectives.
• Communication and Partnerships: Communicates clearly, encourages honest dialogue, builds great partnerships and influences others, leveraging both formal and informal networks to get things done.

Additional Information 4-6 years in a similar compensation-related capacity; Bachelors' degree in business management, human resources / labour relations, mathematics or economics preferred, or equivalent relevant working experience.

Who We Are

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process. We look forward to hearing from you!

Language Requirement (Quebec only)

Sans Objet

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Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

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