Director of Incentive Compensation Strategy

RBC Capital Markets LLC; Minneapolis (MN); On-site; USD 140,000 - 230,000; Full time

Job summary

RBC Capital Markets LLC in Minneapolis seeks a Director, Incentive Compensation Management to lead a sales incentive program team within the HR Compensation COE, driving design, implementation and governance of incentive plans across multiple lines of business.

You will oversee Varicent ICM platform deployment, ensure accurate payout calculations, provide data-driven analyses, and collaborate with HR, finance and technology to scale processes while maintaining compliance and risk management.

Qualifications

• Bachelor's Degree or equivalent required.
• 10+ years supporting users, managing priorities, and driving issues to resolution.
• 5+ years compensation experience in design and implementation in financial services.

Responsibilities

• Lead the compensation system and team responsible for sales-based incentive management.
• Oversee the Varicent ICM platform implementation, onboarding and development.
• Ensure accurate calculations, timely payments and reporting of variable comp.
• Provide data-driven analyses to support plan optimization and redesign.
• Support governance, risk management and regulatory compliance.
• Collaborate with HR, business, technology and cross-functional teams.
• Coordinate vendor risk management activities for compensation plans.

Skills

Incentive compensation systems

HR systems

configuring plans

dashboards and reporting

requirements gathering

testing

analytical thinking

communication skills

project management

Excel/Access/Word

CCP designation

Education

Bachelor's Degree or equivalent

Certified Compensation Professional (CCP)

Tools

Varicent ICM

Excel

Access

Word

Job description

RBC Capital Markets LLC in Minneapolis seeks a Director, Incentive Compensation Management to lead a sales incentive program team within the HR Compensation COE, driving design, implementation and governance of incentive plans across multiple lines of business.

You will oversee Varicent ICM platform deployment, ensure accurate payout calculations, provide data-driven analyses, and collaborate with HR, finance and technology to scale processes while maintaining compliance and risk management.