Director Compensation

Socket.dev; Toronto; On-site; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Total Rewards Program

Leadership development and coaching

Opportunity for impact across business

Dynamic cross-functional team

Geographic opportunities

Job summary

RBC in Toronto is seeking a Director, Compensation to partner with the Senior Director in designing and implementing compensation programs for the Capital Markets division. You will provide expert guidance on compensation policies, initiatives, and analytics while shaping the compensation team and ensuring regulatory alignment.

You will lead base salary and incentive design, own year-end analytics, and collaborate with executives and HR to support major business changes.

Qualifications

• Strong analytical skills to synthesize complex data and inform decisions.
• Ability to design and implement compensation strategies aligned with business goals.
• Experience in capital markets or financial services preferred.

Responsibilities

• Develop and implement compensation strategies and frameworks.
• Design base salary and incentive programs aligned with revenue goals.
• Prepare compensation updates and design documents for committees and boards.
• Lead year-end analytics using performance, business results, and market data.
• Stay current on external market practices and regulatory guidance.
• Collaborate on team strategy and develop a high-performing compensation function.

Skills

Compensation analytics

Strategic design

Stakeholder partnering

Project management

Regulatory awareness

Education

Undergraduate degree in Finance, Commerce, HR, or related field

Job description

Job Description

WHAT IS THE OPPORTUNITY?

As Director Compensation, you will support the Senior Director in leading the strategic design and implementation of compensation programs for the Capital Markets business. You will work closely with senior leadership to provide expert advice on all aspects of compensation programs, policies, initiatives and solutions, and manage key compensation initiatives and analytics while building and developing the compensation team.

WHAT WILL YOU DO?

• Support the Senior Director in developing and implementing compensation strategies and frameworks that support business goals and objectives
• Lead the design of base salary and variable incentive programs that drive revenue generation, ensuring programs are motivational, financially viable, and aligned with intended behaviors and regulatory guidance
• Support the development and preparation of RBC Human Resources Committee and Board-related compensation updates and program design documents
• Work with business leaders and HR teams to drive compensation solutions for major business change initiatives
• Lead and manage a full suite of detailed year-end variable compensation analytics, considering multiple data points including employee performance, business performance, and market data to arrive at well-informed compensation recommendations
• Proactively stay abreast of developments in the external market, becoming an expert on relevant competitor compensation practices, key business strategies, and responses to regulatory guidance
• Collaborate closely with the Senior Director on team strategy and developing the compensation team, fostering a high-performing culture committed to RBC values and accountability
• Drive efficiency and effectiveness through continuous process improvement, automation, and streamlining, especially in compensation analytics

WHAT DO YOU NEED TO SUCCEED?

Must have:

• 7+ years’ experience in Compensation and/or Finance, ideally within a Capital Markets environment.
• Undergraduate degree in Finance, Commerce, Human Resources, Organizational Behaviour or similar.
• Strong analytical skills with an ability to analyze complex situations, synthesize information, understand issues, identify options, and support sound decision making; and integrate information from different sources into a coherent view.
• Strong organizational, project management, and time management capabilities.
• Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.

Nice-to-have

• HR professional designation or Finance/Accounting certification
• Experience in a matrix environment, such as a large, financial services organization
• Ability to facilitate between and influence key decision makers
• Strategic thinker with excellent interpersonal skills to partner across functions and businesses

What’s in it for you?

We thrive on the challenge to be our best, 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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Access to a variety of job opportunities across business and geographies

#LI-POST
#TechPJ

Job Skills

Adaptability, Analytical Thinking, Collaboration, Compensation Analysis, Compensation Design, Compensation Strategies, HR Compensation, Human Resources Policies, Process Improvements, Strategic Design

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: 2026-08-28

Application Deadline: 2026-09-11

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