Manager, Executive Compensation and Governance - Global HR

Scotiabank; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Scotiabank is seeking a Manager, Executive Compensation and Governance within Global HR to lead risk and governance activities, coordinate compensation forecasting, and support year-end processes for executive pay. The role requires autonomy, seniority, and strong ethics in a multinational financial services context.

The candidate will collaborate with Finance, Reporting, and CRC teams while ensuring compliance with regulations and internal policies across the bank’s global footprint.

Qualifications

• Completion of an undergraduate University degree
• Minimum 5 years’ experience in Executive Compensation and related governance and compliance
• Financial industry expertise is an asset
• Background in a large multinational company
• Prior experience with compensation/executive compensation
• High degree of professional ethics and ability to handle sensitive and confidential information with discretion
• Strong analytical and problem-solving skills
• Excellent attention to detail
• Excellent verbal and written communication skills
• Strong project management and organizational skills
• Ability to adapt to frequently changing priorities and identify critical paths for resolution
• Inquisitive mindset; eager to learn and acquire knowledge
• Expert knowledge of Microsoft Office applications (including MS Word, MS Excel, and MS PowerPoint)

Responsibilities

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Champion a high-performance environment and contributes to an inclusive work environment.
• Manage the end-to-end process to collect risk and conduct-related incidents from various business functions, including preparation of communication materials, submission timelines, initiating follow-ups, and ensuring all necessary information is collected and disseminated according to the established process.
• Identify risk and conduct-related governance and regulatory developments and emerging practices that may impact the Bank globally or in key countries/regions, and assesses the Bank’s compliance or areas requiring change.
• Prepare materials to support Compensation Review Committee (CRC) meetings.
• Manage the end-to-end process to identify roles considered material to the Bank, updates the Material Risk Impact employees (MRIs) list on a regular basis, manages year-end activities related to the MRIs and prepares and delivers annual communication to identified employees.
• Assist with managing the Bank’s executive compensation programs including equity-based compensation with vesting conditions.
• Prepare compensation accruals on a regular basis, collaborating with both the Finance and Reporting teams to receive accurate inputs to validate and reconcile the data.
• Participate in the preparation of the annual Management Proxy Circular, including tabular data.
• Support the year-end compensation planning process and reporting.
• Prepare compensation recommendations for new hires, promotions, transfers, and others if required.
• Support ad hoc requests including internal equity and market competitiveness analysis and compensation recommendations.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of the respective areas in accordance with ScotiaBond Values, the Code of Conduct and other corporate policies.

Skills

Analytical skills

Problem-solving

Communication skills

Project management

Adaptability

Learning mindset

MS Office (Word, Excel, PowerPoint)

Education

Undergraduate degree

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Title: Manager, Executive Compensation and Governance - Global HR

Requisition ID: 272423
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager contributes to the overall success of the Executive Compensation team and Global Rewards department ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the Bank’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, and internal policies and procedures.

Reporting to the Senior Manager, Financial Analysis - Executive Compensation, the Manager, Executive Compensation and Governance directly supports the Executive Compensation team, with responsibilities including but not limited to, collecting and reporting on risk and conduct-related incidents, producing financial forecasts and tracking incentive pay throughout the year, supporting year-end compensation activities, making compensation recommendations for new hires, promotions and transfers at the executive level, and preparing the annual management proxy circular. This role will independently manage assigned workstreams while partnering to support broader team priorities, deliverables, and projects. This position requires an individual with a high degree of autonomy and a broad understanding of the financial industry and incentive compensation cycle.

Is this role right for you? In this role you wil:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Champion a high-performance environment and contributes to an inclusive work environment.
• Manage the end-to-end process to collect risk and conduct-related incidents from various business functions, including preparation of communication materials, submission timelines, initiating follow-ups, and ensuring all necessary information is collected and disseminated according to the established process.
• Identifie risk and conduct-related governance and regulatory developments and emerging practices that may impact the Bank globally or in key countries/regions, and assesses the Bank’s compliance or areas requiring change.
• Prepare materials to support Compensation Review Committee (CRC) meetings.
• Manage the end-to-end process to identify roles considered material to the Bank, updates the Material Risk Impact employees (MRIs) list on a regular basis, manages year-end activities related to the MRIs and prepares and delivers annual communication to identified employees.
• Assist with managing the Bank’s executive compensation programs including equity-based compensation with vesting conditions.
• Prepare compensation accruals on a regular basis, collaborating with both the Finance and Reporting teams to receive accurate inputs to validate and reconcile the data.
• Participate in the preparation of the annual Management Proxy Circular, including tabular data.
• Support the year-end compensation planning process and reporting.
• Prepare compensation recommendations for new hires, promotions, transfers, and others if required.
• Support ad hoc requests including internal equity and market competitiveness analysis and compensation recommendations.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of the respective areas in accordance with ScotiaBond Values, the Code of Conduct and other corporate policies.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• Completion of an undergraduate University degree
• Minimum 5 years’ experience in Executive Compensation and related governance and compliance
• Financial industry expertise is an asset
• Background in a large multinational company
• Prior experience with compensation/executive compensation
• High degree of professional ethics and ability to handle sensitive and confidential information with discretion
• Strong analytical and problem-solving skills
• Excellent attention to detail
• Excellent verbal and written communication skills
• Strong project management and organizational skills
• Ability to adapt to frequently changing priorities and identify critical paths for resolution
• Inquisitive mindset; eager to learn and acquire knowledge
• Expert knowledge of Microsoft Office applications (including MS Word, MS Excel, and MS PowerPoint)

What's in it for you?

• Bank-wide / global scope
• Accountable for prioritizing input from multiple sources and delivering on all assigned work
• Ensure deliverables are on-time and of high quality
• Supports minimum of two CRC meetings per year
• Compliance with numerous global and country/region-specific regulatory bodies and/or requirements

Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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.

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