Compensation Operations Specialist (Hybrid)

Morgan Stanley; Montreal; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry leader in financial services is seeking a Compensation Operations Specialist to join their dynamic team. This role is pivotal in managing confidential compensation data, ensuring accuracy through audits, and collaborating with IT to enhance operational processes. You will engage with various stakeholders, driving the full compensation lifecycle and supporting critical quarterly and annual processes. This position offers a hybrid work environment, allowing you to balance remote work with in-office collaboration. If you are detail-oriented, resourceful, and passionate about making an impact, this opportunity is perfect for you.

Benefits

Comprehensive employee benefits

Supportive work environment

Diversity and inclusion initiatives

Qualifications

• 4+ years of experience in a business analysis role.
• Strong analytical acumen and attention to detail required.

Responsibilities

• Conduct audits of compensation data and fix anomalies.
• Support users with day-to-day system issues and questions.

Skills

Analytical Skills

Communication Skills

Collaboration Skills

Time Management

Attention to Detail

Education

Bachelor’s degree in relevant course

Tools

MS Excel

HR Systems

Compensation Systems

Job description

We’re seeking someone to join our team as a Compensation Operations Specialist to support the team leads with a variety of workstreams, partnering closely with system users as well managing the operations as working with the IT department to evolve and enhance the system and processes.

In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools they need to succeed. This is a Director level position within the Compensation Operations team overseeing Compensation Technology and Operational Processes across the Rewards function.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you'll do in the role:

1. Working with large sets of confidential data relating to compensation. Conduct reviews, audits of all compensation data, escalate and fix anomalies.

2. Assist with creating functional business requirements and contribute to test plans and develop user acceptance criteria for feature, user story, and functional delivery.

3. Participate in testing new development and bug fixes, identifying any issues or disconnects from original requirements.

4. Provide support and troubleshoot day-to-day issues and questions for users of the system, from front office managers to IT and HR users.

5. Learn and help support full compensation life cycle, from monthly accruals to year end decision collection and employee communication processes.

6. Drive and partner with the business in facilitating the Quarterly, Mid-Year and Year-End processes.

What you'll bring to the role:

1. Bachelor’s degree in relevant course with +4 years of experience in a business analysis type role.

2. Strong analytical acumen, highly diligent and outstanding attention to detail.

3. Resourceful, with strong communication, collaboration, and time management skills.

4. Comfortable interacting with various stakeholders of all levels.

5. Proficient in MS Excel, comfortable working with large datasets.

6. Experience with HR systems, compensation system, and system implementations a plus.

All our positions are located in Montreal, Quebec. We offer a hybrid work environment, combining remote work and attendance in the office.

Knowledge of French and English is required.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.