Senior Manager, Executive Compensation

RBC; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading financial institution is seeking a Senior Manager, Executive Compensation to provide expert advisory services to senior leadership. This role involves aligning compensation strategies with business objectives and ensuring compliance with governance requirements. The successful candidate will manage executive compensation programs and collaborate with various teams to enhance compensation frameworks.

Benefits

Development coaching opportunities

Dynamic and collaborative work environment

Challenging work opportunities

Qualifications

• 7-10 years of progressive experience in compensation, with at least 3 years in executive compensation.
• Deep knowledge of executive pay structures and governance trends.

Responsibilities

• Serve as a trusted advisor on executive compensation matters.
• Manage annual executive compensation cycles including salary reviews and incentive planning.
• Conduct competitive market analyses using survey data.

Skills

Compensation Management

Critical Thinking

Human Resources Policies

Workforce Analytics

Education

Bachelor's degree in Human Resources

Bachelor's degree in Finance

Bachelor's degree in Business

Tools

Excel

PowerPoint

Job description

Job Summary

Job Description

What is the opportunity?

We are seeking an analytical, detail-oriented, and business-focused Senior Manager, Executive Compensation to join our team. This role will provide expert advisory services to senior leadership and HR business partners, ensuring the effective administration of executive compensation programs. It will play a key role in aligning compensation strategies with business objectives, ensuring compliance with governance requirements, and supporting the company's attraction and retention of top executive talent.

What will you do?

• Serve as a trusted advisor to HR business partners and senior leaders on executive compensation matters, including base pay, incentives, equity programs, and market competitiveness.
• Support the development of compensation materials and discussions through analysis, modeling, and executive summaries.
• Provide guidance on compensation during executive hiring, promotions, and retention discussions.
• Partner with Legal, Finance, and Governance teams to ensure compliance with internal policies, external regulations, and disclosure requirements.
• Manage annual executive compensation cycles, including salary reviews, incentive planning, and long-term incentives.
• Maintain accurate compensation data and benchmarking for executive roles.
• Oversee the administration of equity-based compensation plans, working closely with Equity Compensation and Payroll teams.
• Conduct competitive market analyses using survey data and peer group assessments to inform recommendations.
• Contribute to the design and continuous improvement of executive compensation frameworks, policies, and programs.
• Lead or support cross-functional initiatives such as pay equity analysis, global mobility, and compensation technology enhancements.
• Stay informed of market trends, regulatory changes, and governance best practices to proactively adjust strategies.

What do you need to succeed?

Must-have

• Bachelor's degree in Human Resources, Finance, Business, or a related field.
• 7–10 years of progressive experience in compensation, with at least 3 years focused on executive compensation.
• Deep knowledge of executive pay structures, governance trends, and proxy disclosure requirements.
• Experience with compensation systems and market surveys.
• Strong analytical skills with proficiency in Excel and PowerPoint; experience building models.
• Excellent communication and stakeholder management skills, with the ability to convey complex information clearly to various audiences.
• High attention to detail and the ability to manage sensitive data with discretion.

What’s in it for you?

We thrive on the challenge to be our best, embrace progressive thinking to keep growing, and work together to deliver trusted advice that helps our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference in our communities, and achieving mutual success.

• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to undertake challenging work

Job Skills

Compensation Management, Creative Visioning, Critical Thinking, Goal Setting, HR Legal, Human Resources Policies, Knowledge Organization, Long Term Planning, Salary Structure Design, Workforce Analytics

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: 2025-05-16

Application Deadline: 2025-05-31

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace with diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. We strive to create a workplace where employees feel supported, can collaborate effectively, drive innovation, and grow professionally. RBC fosters a culture of respect, belonging, and opportunity for all.

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