Senior Manager, Total Rewards

Banyan Software; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

A prominent enterprise software firm in Toronto is seeking a Senior Manager, Compensation & Benefits to lead global compensation and benefits programs. The ideal candidate will have over 10 years of experience in total rewards, with a deep understanding of global governance and compliance. The role involves advising executive leadership, overseeing M&A integrations, and developing scalable program strategies. This position offers a unique opportunity to influence workforce compensation on a global scale.

Qualifications

• 10+ years of experience in compensation and benefits or total rewards.
• Experience leading global compensation and benefits programs.
• Strong working knowledge of global compensation governance.

Responsibilities

• Lead the design and governance of global compensation and benefits programs.
• Advise executive leadership on compensation and benefits strategy.
• Own and evolve global benefits strategy across multiple regions.

Skills

Leadership

Analytical skills

Global compensation expertise

Stakeholder management

Education

Bachelor’s degree in Human Resources

Advanced certifications (e.g., CCP)

Job description

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

The Senior Manager, Compensation & Benefits is responsible for leading the design, development, governance, and execution of Banyan’s global compensation and benefits programs. This role requires prior experience owning and scaling global Total Rewards programs and carries enterprise-wide impact across Banyan and its operating companies.

Reporting to the VP, People, this role leads global program strategy, builds scalable frameworks to support growth through acquisition, and serves as a key advisor to executive leadership on compensation, benefits, and Total Rewards-related risk. The role exercises significant independent judgment and leads through both direct leadership and cross-functional influence.

Global Compensation & Benefits Strategy

• Lead the end-to-end design, development, and evolution of global compensation and benefits programs, ensuring alignment with Banyan’s business strategy, internal equity, and external market competitiveness.
• Own Banyan’s global Total Rewards pay for performance philosophy, frameworks, and governance, including job architecture, leveling, pay bands, and approval processes.
• Serve as a strategic advisor to the VP, People and executive leadership on compensation and benefits strategy, workforce cost management, and reward trade-offs.
• Oversee annual and off-cycle compensation programs globally, including merit, promotions, incentive plans, and executive or high-impact compensation decisions.

Benefits Leadership & Global Onboarding

• Own and evolve Banyan’s global benefits strategy, with deep expertise in US and Canada benefits and oversight of international benefits programs.
• Lead the design and execution of global benefits onboarding, ensuring newly hired employees and newly acquired companies receive a consistent, compliant, and high-quality onboarding experience across regions.
• Establish standardized global benefits onboarding materials, processes, and timelines, while allowing for local regulatory and cultural requirements.
• Act as the senior escalation point for complex or high-risk benefits matters, including executive benefits and retirement programs.
• Own benefits vendor strategy, renewals, and performance management to ensure cost effectiveness and service quality.

Program Development & Training

• Lead the development of scalable compensation and benefits programs, policies, and playbooks to support Banyan’s continued global growth.
• Design and deliver compensation and benefits training programs for HR Business Partners, People leaders, and employees globally.
• Build education frameworks of Total Rewards programs to support operating companies.
• Partner with HR, Talent, and Payroll teams to embed Total Rewards programs into broader People processes.

Mergers & Acquisitions (M&A) Leadership

• Serve as the Total Rewards lead for M&A, owning compensation and benefits due diligence, risk assessment, and executive recommendations.
• Develop standardized compensation and benefits scorecards for acquisition targets to support investment decisions.
• Lead post-acquisition integration of compensation and benefits programs, including global benefits onboarding for newly acquired employees.
• Build scalable infrastructure, tools, and integration playbooks to support rapid onboarding of new operating companies.
• Manage vendor partnerships with brokers, 401k administrators and recordkeepers.

Data, Analytics & Executive Influence

• Lead the development of Total Rewards analytics, dashboards, and executive-level reporting to inform leadership and Board discussions.
• Translate complex compensation and benefits data into actionable insights and recommendations for senior stakeholders.
• Partner closely with Finance to support workforce planning, budgeting, forecasting, and cost optimization initiatives.

Leadership & Cross-Functional Influence

• Lead, mentor, and develop compensation and benefits professionals as the function scales globally.
• Influence without authority by partnering with HR Business Partners, Talent Acquisition, Finance, Payroll, Legal, and operating company leadership.
• Establish best practices, documentation, controls, and audit-ready processes across the Total Rewards function.

Qualifications

• Bachelor’s degree in Human Resources, Business, Finance, or a related field; advanced certifications (e.g., CCP) preferred.
• 10+ years of progressive experience in compensation and benefits or total rewards, with demonstrated prior experience leading global compensation and benefits programs.
• Deep expertise in global compensation and benefits, including US, Canada, India, Pakistan, UK, Europe and APAC, with experience overseeing international programs strongly preferred.
• Proven experience designing and implementing compensation and benefits programs at scale, including training and enablement for HR and business leaders.
• Strong working knowledge of global compensation governance, regulatory compliance, and risk management.
• Experience supporting M&A due diligence and post-acquisition integration across multiple operating companies.
• Advanced analytical and financial acumen with the ability to influence executive decision-making through data.
• Executive-level communication, facilitation, and stakeholder management skills.

Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectionate or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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We have been made aware of individuals fraudulently posing as members of our Talent Acquisition team and extending fake job offers. These scams may involve requests for personal information or payment for equipment.

Protect yourself by following these steps:

• Verify that all communications from our recruiting team come from an @banyansoftware.com email address.
• Remember, employers will never request payment or banking information during the hiring process.
• If you receive a suspicious message, do not respond — instead, forward it to [e-mail] and/or report it to the platform where you received it.

Your safety and security are important to us. Thank you for staying vigilant.