Investment Compensation Analyst

Manulife Financial; Toronto; Hybrid; CAD 61,000 - 103,000; Full time

Job summary

Join a leading international financial services provider as an Investment Compensation Analyst. In this role, you will provide research and analytical support to the Investment Compensation team, manage compensation survey processes, and contribute to various compensation programs within a collaborative environment. Your technical proficiency, alongside strong analytical and communication skills, will play a key role in driving efficiency and process improvements in compensation management.

Benefits

Customizable benefits including health, dental, and vision.

Retirement savings plans with employer matching.

Generous paid time off program.

Qualifications

• 0-3 years’ experience in Human Resources and Compensation.
• Direct experience with investment team compensation programs is a plus.
• Ability to work with highly confidential information.

Responsibilities

• Assist with compensation survey management and data analysis.
• Support compensation cycles and prepare analyses for reviews.
• Contribute to continuous improvement of compensation data and design.

Skills

Analytical skills

Communication

Excel

Customer focus

Education

Post-secondary degree

Tools

Workday

EWM Global

Job description

The opportunity

As an integral part of the Global Rewards team, the Investment Compensation Analyst will report to the AVP, Investment Compensation and provide research, analytical, and execution support to the Investment Compensation team. Activities to be undertaken by the Analyst include global market surveys and benchmarking, analytics and reporting, quantitative and qualitative analysis of compensation policies and practices, investment compensation program administration and design, and annual compensation cycles. The ideal candidate for this position is flexible, responsible, and able to thrive in a challenging environment, working effectively as part of a team and independently on projects spanning multiple functions and partners. Additionally, the candidate should be diligent, action-oriented, and enthusiastic about leveraging technology for scale and process efficiencies.

This position provides significant opportunities for career growth and skills development in HR and compensation.

Position Responsibilities:

• Assist with all aspects of the compensation survey management process with third-party survey providers (e.g., Aon/McLagan) and internal business partners. This includes job matching, compiling data submission files, ensuring timely and accurate submissions of data for surveys, and analyzing results.
• Research and analyze market data and compensation trends with Compensation and HR business partners.
• Support compensation cycles, including pre-launch UAT testing, and bonus accrual reporting.
• Prepare analyses and presentations for compensation reviews in a variety of business contexts, including for compensation cycles, new hires, leavers, transfers, and promotions.
• Assist with the design and administration of standard Manulife base salary, annual incentive, and deferred compensation programs.
• With Investment Compensation team colleagues, support the design and administration of investment team-specific programs, including revenue sharing and investment bonus plans, carried interest, employee co-investments, and the loan program. Includes maintaining accurate and current records in third-party administration systems (e.g., EWM Global)
• Connect with business leaders, functional partners in tax, legal, finance, payroll, and broader HR, and employees on the various compensation programs and offerings.
• Contribute to continuous improvement of compensation data/structure/design.
• Lead ad hoc compensation projects.

Required Qualifications:

• Post-secondary degree and/or the equivalent combination of education/experience/training.
• 0-3 years’ experience in Human Resources and Compensation with a broad business knowledge.
• Experience supporting investment management teams, or general interest in the investment industry.
• Direct experience with investment team compensation programs (including carried interest), major survey providers such as McLagan, enterprise HR systems such as Workday, and third-party administrators such as EWM Global, a plus.
• Strong technical proficiency, with excellent Excel skills
• Excellent analytical and critical thinking skills.
• Ability to interpret and apply HR and compensation-related rules and regulations.
• Strong customer focus and excellent communication skills
• Ability to prioritize and plan work to meet time-based deliverables.
• Ability to work with highly confidential information with professionalism and tact.

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$61,350.00 CAD - $102,250.00 CAD

If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [e-mail] for more information about U.S.-specific paid time off provisions.