Senior Manager, Compensation Strategy and Governance

RBC; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading financial services company is seeking a Senior Manager, Compensation Strategy and Governance. This role involves overseeing compensation programs, developing policies, and ensuring compliance with regulatory requirements while collaborating with senior leadership. The ideal candidate will have significant experience in HR and regulatory roles, strong project management skills, and a collaborative spirit.

Benefits

Comprehensive Total Rewards including bonuses

Flexible benefits

Opportunities to make a meaningful impact

Dynamic, high-performing team environment

Scope for career growth

Qualifications

• 5-8 years of experience in HR, risk, compliance, audit, finance, or regulatory roles.
• Experience working with policies, procedures, standards, and frameworks.

Responsibilities

• Prepare Compensation Discussion & Analysis content for annual Proxy Circular.
• Lead the review and annual update of Compensation policies.
• Act as the main contact with global stakeholders.

Skills

Collaborating

Communication

Compensation Management

Critical Thinking

Data Gathering & Analysis

Planning

Project Administration

Written Communication

Education

Undergraduate degree

Tools

Microsoft Office

Job description

Job Summary

Job Description

What is the opportunity?

The Senior Manager, Compensation Strategy and Governance is an integral member of the Compensation Governance Team, supporting RBC’s Board of Directors and senior management in overseeing compensation programs and practices. This role offers high exposure to senior leadership through policy development, frameworks, and disclosures. The individual will also develop compensation practices and lead initiatives to meet evolving global regulatory requirements. We seek a versatile candidate who thrives in a changing environment and aims to make an impact.

What will you do?

Public Disclosures

• Prepare the Compensation Discussion & Analysis (CD&A) content for the annual Proxy Circular.
• Benchmark peer proxies to understand industry best practices and emerging trends.

Executive Committee Planning and Coordination

• Organize committee meetings, including setting agendas, coordinating materials, scheduling, and ensuring governance standards.
• Support the Annual General Meeting by preparing senior leaders for Q&A on compensation.
• Manage the calendar of events leading up to each committee meeting and year-end disclosures.
• Proactively recommend process improvements.

Policy Review

• Lead the review and annual update of Compensation policies, processes, and standards, including change management impacts.

Research and Advisory

• Act as the main contact with global stakeholders (e.g., Law, Compliance) and collaborate with local teams to stay updated on legislative and regulatory changes.
• Draft correspondence with regulators regarding legislative requirements or proposals.
• Assess regulatory impacts and work with partners to implement action plans.

What do you need to succeed?

Must-have:

• Undergraduate degree with 5-8 years of progressive experience in HR, risk, compliance, audit, finance, or regulatory roles.
• Advanced skills in Microsoft Office suite.
• Strong project management skills with sound judgment.
• Experience (2+ years) working with policies, procedures, standards, and frameworks.
• Excellent problem-solving, organizational, and communication skills, suitable for senior audiences.
• Interest and understanding of the regulatory landscape.
• Collaborative team player.

Nice-to-have:

• Knowledge of the financial services industry.
• Understanding of legal and regulatory issues related to compensation.

What’s in it for you?

We foster a culture of growth, collaboration, and community impact, offering:

• Comprehensive Total Rewards including bonuses and flexible benefits.
• Opportunities to make a meaningful impact.
• A dynamic, high-performing team environment.
• Scope for career growth and increased responsibilities.

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Job Skills

Collaborating, Communication, Compensation Management, Confidentiality, Critical Thinking, Data Gathering & Analysis, Documentation, HR Legal, Human Resources, Knowledge Organization, Legal Practices, Meeting Organization, Planning, Project Administration, Salary Structure Design, Workforce Analytics, Written Communication

Additional Job Details

Address: ROYAL BANK PLAZA, 200 BAY ST, TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: HUMAN RESOURCES & BMCC

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-05-13

Application Deadline: 2025-06-16

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline above.

Inclusion and Equal Opportunity Employment

At RBC, we value diversity and inclusion, believing they are key to our growth. We are committed to fostering a respectful, supportive workplace that encourages collaboration, innovation, and professional development, creating value for clients and communities.

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