Pensions & Savings Specialist

Suncor Energy; Calgary; On-site; CAD 120,000 - 150,000; Full time

Benefits offered by this job

Strong compensation

Benefits program

Generous time-off

Talent development programs

Relocation assistance

Job summary

Suncor Energy seeks a Pensions & Savings Specialist to provide senior-level expertise in the design, governance, administration, and compliance of Canadian pension and savings programs. You’ll partner with HR, Finance, Legal, Payroll and external vendors to ensure programs are compliant, well-governed, and aligned with business objectives and employee needs.

You will lead complex pension issues, support governance frameworks, monitor regulatory developments, and ensure accurate financial

Qualifications

• 10 years of progressive experience in pensions, pension finance or administration
• Strong knowledge of pension legislation for defined benefit and defined contribution plans
• Experience partnering with HR, Finance, Legal, Payroll and external vendors
• Ability to manage complexity, ambiguity and competing priorities
• Demonstrated governance and compliance capabilities

Responsibilities

• Serve as a subject matter expert on DB/DC pension and savings program design, governance, administration and compliance
• Partner with HR, Finance, Legal, Payroll, Procurement and external partners to resolve complex pension issues
• Ensure compliance with Canadian pension legislation and privacy laws
• Support pension governance frameworks, policies and committee materials
• Monitor regulatory developments and implement mitigation strategies
• Support audits, regulatory filings and vendor oversight
• Lead pension-related projects including regulatory changes and system implementations

Skills

Pensions expertise

Finance acumen

Regulatory compliance

Stakeholder collaboration

Analytical thinking

Education

Bachelor’s degree in business/finance/legal or related field

Job description

At Suncor, we produce and provide energy.

When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you’ll make a meaningful impact in the communities where we live and work.

RELOCATION ASSISTANCE PROVIDED!

We’re hiring a Pensions & Savings Specialist to provide senior-level subject matter expertise and advisory support related to the design, governance, administration, and compliance of pension and savings programs in Canada. You’ll partners closely with internal stakeholders and external vendors to ensure pension programs are compliant, financially sound, well-governed, and aligned with business objectives and employee needs.

What we offer:

We recognize your contribution and offer a range of rewards and development opportunities designed to support your success. Benefits/perks listed below may vary depending on the nature of your employment with Suncor and the region where you work.

• Strong compensation: we offer competitive compensation, regional-based uplifts, annual bonuses, and long-term financial rewards. We also help you save for your future by offering pension programs, and savings plans with company matching
• Benefits: utilize an employee assistance program and comprehensive company-paid health, dental, and vision benefits for you and your family to support your mental, physical, and financial well-being
• Generous time-off: enjoy generous paid vacation time and personal time-off to recharge and maintain a healthy work-life balance
• Talent development programs: Internal mobility, succession planning, and employee training and development programs are just a few ways we’re dedicated to your development
• Relocation assistance: We provide support with lease cancellation or home sale, temporary accommodations, rental home search, moving and storage costs, spousal assistance and more
  

Minimum Requirements:

• 10 years of progressive experience in pensions, pension finance or administration within a corporate, consulting or institutional environment
• A bachelor’s degree in business, finance, legal or related field or related certifications and experience
• Deep knowledge of pension legislation with respect to defined benefit and defined contribution, pension tax regulations, employment/labour standards and privacy regulations
• Strong financial acumen and skills with respect to reporting, asset reconciliations and audit processes
• Demonstrated ability to partner effectively in complex, regulated and changing organizations
• Ability to manage complexity, ambiguity, and competing priorities

Responsibilities:

• Serve as a subject matter expert and trusted advisor on DB/DC pension and savings program design, governance, administration, and compliance
• Partner with HR, Finance, Legal, Payroll, Procurement, and external partners to resolve complex pension issues and support informed decision-making
• Ensure compliance with Canadian pension legislation, Income Tax Act requirements, employment standards, and privacy laws
• Support pension governance frameworks, including policies, procedures, committee materials, and documented decision-making
• Monitor regulatory developments and assess impacts, recommending and implementing mitigation strategies as needed
• Support audits, regulatory filings, compliance reviews, and issue remediation.
• Support selection, onboarding, and ongoing oversight of pension vendors (administrators, trustees, custodians, actuaries, consultants, insurers)
• Support pension financial reporting, funding, actuarial valuations, audits, and reconciliations and ensure accuracy and integrity of pension assets, contributions, benefit payments, and expenses
• Lead or support pension-related projects, including regulatory changes, vendor transitions, system implementations, and governance improvements.
  

Location and other key details:

• This is an office-based role. You will work out of our Calgary head office, located in the Suncor Energy Centre at 150 – 6th Ave S.W.
• Hours of work are a regular in-office 40-hour work week, Monday to Friday, with the potential for extended work hours based on business need

Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.