Director Compensation

IG Wealth Management; Toronto; Hybrid; CAD 120,000 - 190,000; Full time

Benefits offered by this job

Competitive compensation & recognition

Employee benefits & insurance

Retirement savings programs

Work life balance

Inclusive culture and diversity

Job summary

IGM Financial Inc. is seeking a Director, Compensation to join the IGM Human Resources team in Toronto, Winnipeg, or Montreal. The role leads compensation design across the asset management business and oversees specialized incentive plans, working with senior leaders to drive competitive pay strategies.

Hybrid work arrangements offer in-office collaboration three days a week, with flexible scheduling to support business priorities and talent management across Canada.

Qualifications

• 7–10 years of progressive experience in employee compensation.
• Strong analytical and numeric skills with the ability to communicate data effectively.
• Knowledge of job evaluation, pay structure, variable pay, pay equity, merit budgeting, and competitive pay analysis.

Responsibilities

• Provide expert compensation consultation for the Asset Management business.
• Lead development and design of sales compensation programs and related initiatives.
• Partner with senior leaders and stakeholders to align compensation with strategic priorities.
• Oversee implementation and administration of specialized incentive plans and tooling.

Skills

Compensation strategy

Sales compensation

Data analysis

Stakeholder management

Leadership

Education

University degree in business administration or related disciplines

Job description

Location: Toronto IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $310 billion in assets as of December 31, 2025. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments.

Division: IGM Human Resources Location: Toronto IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $310 billion in assets as of December 31, 2025. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments. Founded in 1926, IG Wealth Management is a key part of IGM's business model, providing comprehensive wealth management services to Canadian financial advisors and their clients. With a vision to inspire financial confidence, IG Wealth Management is recognized as one of Manitoba’s Top Employers, Canada’s Top 100 Employers, and Best Diversity Employers, aiming to innovate the industry and support Canadians in achieving their financial goals. Join our team to engage in continuous learning and skill development in a supportive environment. Experience the best of both worlds with our hybrid work environment, where you spend three days a week in the office, connecting, collaborating, and enjoying quality time with your amazing colleagues! Our Values: Be better; we strive for improvement in everything we do. Be accountable; we foster clarity and are empowered to act responsibly. Be a team; we are united to drive collective impact to achieve our goals. We are currently looking for a Director, Compensation to join our IGM Human Resources department located in Toronto, Winnipeg or Montreal. Within the Human Resources Department of IGM, 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.

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 e.g. salary structure, 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. You will:
• Work closely with senior leaders and key stakeholders in understanding the strategic priorities and financial impacts of the compensation plans
• Provide innovative and effective compensation solutions that drive the right behaviours of the sales and investment management team and achieve success in key business metrics
• Provide 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:
• Lead a team of compensation professionals that manage the execution of the specialized incentive plans
• Working with key business stakeholders including senior leaders, investment management team and the sales team in the management of the compensation plans including regular communication, reporting, and analysis
• Manage the partnership with key stakeholders in the calculation process including members of the Compensation, Finance and Sales Analytics teams to ensure the commissions are managed within a timely, accurate and efficient process
• Manage the partnership with technology in the continued development and improvement of the Specialized Incentive Plan Tool which is the system that 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/relevant business experience in employee compensation
• University degree in business administration or related disciplines and Compensation Professional Discipline is preferred
• Strong analytical and numeric skills with the ability to interpret and communicate the 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 the use of 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 as applicable to compensation

Benefits

• COMPETITIVE COMPENSATION & RECOGNITION: competitive base salary, performance-weighted bonus, education/career support, option to join Employee Share Purchase Plan with employer matching component.
• EMPLOYEE BENEFITS & INSURANCE: competitive health and dental coverage, flexible plan for you and your family and short-term & long-term disability plans.
• RETIREMENT SAVINGS PROGRAMS: voluntary Defined Contribution Pension Plan
• WORK LIFE BALANCE: paid volunteer days, competitive time off, including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements.
• INCLUSIVE CULTURE AND DIVERSITY: living our core values: Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG communities are volunteer employee-led groups formed around a common interest, identity, or background).

IGM is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.

IG is an accessible employer committed to providing a barrier- free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.

Artificial Intelligence in Recruitment:

As part of our Talent Acquisition process, we may use artificial intelligence and automated tools to support activities such as candidate sourcing, application review, and interview scheduling. These tools support the recruitment process; all hiring decisions are made by people.

We thank all applicants for their interest in IG Wealth Management; however, only those candidates selected for an interview will be contacted.