Director, HR Delivery (Compensation Solutions)

Scotiabank; Toronto; On-site; CAD 180,000 - 240,000; Full time

Job summary

Scotiabank is seeking a Director, HR Delivery (Compensation Solutions) in Toronto to lead a global compensation function. You will guide advisory support, oversee end-to-end compensation planning, and manage executive services and global mobility, while driving automation and process improvements.

You will collaborate with Total Rewards and HR partners, ensure governance, and build a high-performance team aligned with Scotiabank values and risk controls.

Qualifications

• University degree or CHRP/CCP/GRP or equivalent.
• Experience in compensation, HR operations, HRIS or payroll in a large global environment.
• Understanding of compensation policies, practices and standards.
• Ability to work independently with guidance only on complex issues.
• Proven ability to manage multiple projects and changing priorities.

Responsibilities

• Lead and drive a customer focused culture to deepen client relationships and leverage broader Bank relationships.
• Oversee Compensation Solutions including base salary, annual incentive and equity planning.
• Direct end-to-end compensation planning activities (AIP, GBM) globally.
• Manage Executive Services, Global Mobility and equity programs.
• Implement automation and process improvements within Compensation Solutions.
• Ensure risk, controls and compliance in line with Bank policies and regulations.

Skills

Compensation experience

HR Operations

HRIS or Payroll

Communication

Education

University degree or related designation (CHRP, CCP, GRP)

Job description

Director, HR Delivery (Compensation Solutions)

Requisition ID: 261610

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

In this role

• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Lead the Compensation Solutions team, providing strategic compensation advisory support and administration across base salary, annual incentive, and equity planning
  • Guide compensation advisory support for managers and employees through AskHR and partners with Total Rewards on guidelines and escalation points
  • Direct end-to-end compensation planning activities (business requirements, system testing, year-end cycles) including Executive AIP, Non-Executive AIP, BIP, CBIP, and GBM globally
• Oversee Executive Services and Global Mobility
  • Lead the management and administration of the Bank’s equity programs, executive perquisite, Global Mobility and other activities (T4 preparation, Related Parties disclosure signoff, note disclosures for Financial Statements, etc.)
• Enhance Compensation Solutions' offer through continuous improvement, identification and resolution of areas of opportunity, automation and streamlining of activities & processes
  • Working with TR and HR teams globally to streamline and automate related compensation cycles, such as Colombia annual January salary review – inflationary adjustments, Peru legal gratification and inflation salary cycle; Chile salary review; global mid-year salary review cycle; identify, develop and implement compensation related EC business rules
• Responsible for assessment and implementation of a specialized incentive plan tool that will facilitate
  • Calculation of specialized incentive awards
  • Facilitate straight-through processing of payments to EC and payroll
  • Provide employee statements outlining their annual compensation under their specialized incentive plan
  • Implementation of a workflow approval process for each business line's sales effectiveness and management teams
  • Sales management and incentive spend reporting
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Build a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and, managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role

• University degree or related designation (CHRP, CCP, GRP).
• Compensation, HR Operations, HRIS or Payroll experience in a large, global corporate environment.
• Demonstrates a comprehensive understanding of compensation and human resources policies, practices and standards.
• Works independently, with guidance in only the most complex situations.
• Ability to successfully manage multiple projects/changing priorities concurrently under tight timelines and with multiple stakeholders.
• Requires interaction with an increasingly broad range of stakeholders (internal and external) to influence results and lead implementation of programs.
• Strong communication and clear and concise writing skills.

Location(s): Canada : Ontario : Toronto

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.