Compensation Specialist (Hybrid)

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

Job summary

An established industry player is looking for a Compensation Specialist to join their dynamic Human Capital Management team. In this director-level role, you will drive competitive compensation policies and practices, ensuring the firm attracts and retains top talent. Your responsibilities will include compensation expense planning, year-end processes, and collaborating with various teams to provide critical analytics. This innovative firm offers a hybrid work environment, allowing for both remote work and office attendance, ensuring flexibility while maintaining a collaborative atmosphere. If you are passionate about compensation strategy and analytics, this opportunity is perfect for you.

Qualifications

• 4+ years of experience in compensation or related fields.
• Strong analytical skills to interpret data and trends.

Responsibilities

• Manage compensation expense planning and forecasting.
• Facilitate year-end salary and bonus processes.
• Collaborate with Finance and Compensation Teams.

Skills

Data Analysis

Project Management

Communication Skills

Microsoft Excel

Bilingual (French and English)

Education

Bachelor’s degree in Business

Tools

Compensation Management Systems

Job description

We’re seeking someone to join our team as a Compensation Specialist to ensuring the Firm has competitive and cost-effective compensation policies and practices. This role is responsible for compensation implementation (e.g., salary, annual and long-term incentive), program design, and administration for exempt and non-exempt staff, year-end management, market data, and compensation accruals.

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 HCM’s Rewards & Analytics space is comprised of several teams that identify innovate ways to reward employees and provide key insights and analytics to both business clients and employees.

What you'll do in the role:

• Compensation expense planning/forecasting, coordinating monthly bonus accrual, and preparation of base salary budgets - all with accompanying analytics
• Facilitate the year-end salary and bonus processes
• Preparation of compensation related modelling and analytics to create senior management exhibits and presenting to management teams to make critical business decisions
• Collaboration with various partners, including Finance, Payroll, Executive Compensation, and Business-specific and firmwide Compensation Teams
• Market Data Coordination and Vendor Relations

What you'll bring to the role:

• Bachelor’s degree or equivalent, preferably in Business
• At least 4 years’ relevant experience would generally be expected to find the skills required for this role
• Ability to develop analytics from multiple streams of data, interpret & analyze trends, develop meaningful story/recommendation and communicate the information in a logical, concise way
• Must have ability to manage projects in addition to daily responsibilities, ensuring accurate delivery of product to senior management and external stakeholders
• Strong Microsoft Excel skills
• Interest in learning new systems and technologies

Knowledge of French and English is required.

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