Manager, Compensation Advisory - Global Technology & Solutions

TD Bank; Toronto; On-site; CAD 97,000 - 137,000; Full time

Job summary

TD Bank Group in Toronto seeks a Manager, Compensation Advisory to lead the compensation advisory function within the Global Technology & Solutions portfolio. You will partner with HR, Finance and business leaders to design and implement market-aligned compensation solutions.

You will manage day-to-day advisory work, analyze market data, and guide senior stakeholders on complex offers while coaching junior team members in a dynamic Total Rewards environment.

Qualifications

• Strong consulting, problem-solving and analytical skills.
• Experience in a numerical/analytical capacity with the ability to

Responsibilities

• Maintain understanding of portfolio strategy and align compensation programs with Total Rewards principles.
• Lead end-to-end compensation advisory activities for the portfolio and counsel on offers and market competitiveness.
• Monitor market trends to ensure competitive pay levels and alignment with business strategy.
• Provide guidance on analysis, forecasts and interpretation of compensation plans.
• Own year-end compensation for the portfolio and participate in salary surveys for market data.
• Engage stakeholders across functions to manage information flow and project planning.
• Coach junior team members to build their skills.

Skills

Consulting

Analytical

Problem-solving

Numerical analysis

Job description

Work Location

Toronto, Ontario, Canada

Hours

37.5

Line of Business

Human Resources

Pay Details

$96,900 - $136,800 CAD

Company Compensation Philosophy

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

Recruiter Encouragement

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description

Department Overview

The Compensation Advisory Group, within the Global Total Rewards Group, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements.

Manager Role

The Manager, Compensation Advisory will report to the Senior Manager, Compensation Advisory and will be responsible for managing the day-to-day relationships with our various partners and lead customized solutions aligned to the strategic objectives within the Global Technology & Solutions portfolio. In this capacity, the individual will interface with business leaders, our various HR partners (Human Resources Business Partners, HR Advice channels, Recruitment, HR Operations), as well as Finance and the Governance & Control teams to provide direction on both individualized complex total rewards requests and more broadly project-based reviews.

Key Accountabilities

• Maintain a thorough understanding of the portfolios' strategic direction, ensuring alignment of business specific compensation programs with established enterprise Total Rewards principles and objectives
• Lead and manage end-to-end activities for the assigned portfolio, including day to day Compensation Advisory and counsel on complex compensation offers, market competitiveness, and alignment to the GTS business strategy
• Actively monitor trends in the competitive market with a solid understanding of the external comparative organizational structures, ensuring both compensation designs and pay level opportunities allow the attraction and retention of qualified talent
• Prepare and provide guidance and interpretation of analysis, forecasting and summaries on compensation matters, including advice and support on questions of policy and interpretation of plans
• Independently manage year-end compensation for the assigned portfolios, including market data intelligence by monitoring participation in salary surveys to ensure competitive compensation as well as alignment with business strategy and compensation philosophy
• Actively participate in compensation advisory projects engaging multiple stakeholders in flow of information / assignments across functions using well-established project planning and change management skills, including managing the communication requirements
• Encourage and coach Junior team members to build their skills

Job Requirements

Qualifications/Skills/Experience:

The successful candidate will exhibit the following key attributes and competencies:

Strategic Focus

Looks ahead to reasonably anticipate business opportunities and obstacles.

Innovation

Champions new and innovative ideas, fresh perspectives and creative solutions that add value.

Critical Thinking

Sees connections in data, events, trends, etc., not obvious to others. Quickly analyzes problems to find actionable, pragmatic solutions.

Execution

Translates business strategies into plans that can be effectively executed and establishes clear responsibility for action against priorities managing multiple stakeholders and teams. Balances competing priorities without losing momentum behind execution.

Communication

Clearly communicates ideas, plans and priorities to others. Encourages honest expression and debate of different views and ideas. Understands and uses informal networks to get things done efficiently.

Operational Excellence

Leverages understanding of key business drivers to get results and demonstrates functional/technical mastery of the current job. Attention to detail and ensuring analysis, recommendations, and documentation are thoroughly managed and adhered to.

Additional Information

Specific Qualifications - The preferred candidate will possess:

• Strong consulting, problem-solving and analytical skills
• Experience in a numerical/analytical capacity with the ability to