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Manager, Compensation Advisory

TD Bank Group

Toronto, ON (Hybrid)


    The Compensation Advisory Group, within the Global Total Rewards Group, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements.

    About this Role

    The Manager, Compensation Advisory reports to the Senior Manager, Compensation Advisory. The role will manage the day to day relationship with our various partners and lead customized solutions aligned to the strategic requirements of the assigned portfolios within TD Securities portfolio (Capital Markets). In this capacity, the individual will interface with the business leaders, our various HR partners (Human Resources Business Partners, HR Advice channels, recruitment, HR Operations), as well as Finance and the Governance & Control teams to provide direction on both individualized complex total rewards requests, incentive design and more broadly project-based reviews.

    Key accountabilities

    The Manager will be expected to collaborate with internal and external partners to manage the effective development, implementation and ongoing delivery of Total Rewards solutions, while ensuring alignment with the broader HR strategy. In doing so, he/she will:

    • Maintain a thorough understanding of the portfolios' strategic direction, ensuring alignment of business specific compensation programs with established enterprise Total Rewards principles and objectives
    • Lead and manage end-to-end activities for TDS, including day to day compensation advisory and counsel, complex compensation design, ongoing forecasting and monitoring of plan health, competitiveness and alignment to the TDS business strategy
    • Actively participates in supporting the team in critical integration activities
    • Actively monitor trends in the competitive market with a solid understanding of the external comparative organizational structures, ensuring both compensation designs and pay level opportunities allow the attraction and retention of qualified talent
    • Prepare and provide guidance on analysis, forecasting and summaries on compensation matters, including advice and support on questions of policy and interpretation of plans
    • Independently manage year-end compensation for the assigned portfolios, including market data intelligence by monitoring participation in salary surveys to ensure competitive compensation as well as alignment with business strategy and compensation philosophy
    • Actively participate in compensation advisory projects engaging multiple stakeholders in flow of information / assignments across functions using well-established project planning and change management skills, including managing the communication requirements
    • Encourage and coach Junior team members to build their skills

    Job Requirements

    What can you bring to TD?

    Specific Educational Requirements / Accreditations:

    Possess a University degree with emphasis in business management, economics, mathematics, finance or post graduate in Human Resources or equivalent work experience.

    Other Qualifications/Skills/Experience:

    As it relates to the above, the successful candidate will exhibit the following key attributes and competencies:

    Strategic Focus:

    • Looks ahead to reasonably anticipate business opportunities and obstacles

    Innovation:

    • Champions new and innovative ideas, fresh perspectives and creative solutions that add value

    Critical Thinking:

    • Sees connections in data, events, trends, etc., not obvious to others
    • Quickly analyzes complex problems to find actionable, pragmatic solutions

    Execution:

    • Translates strategies into plans that can be effectively executed and establishes clear responsibility for action against priorities
    • Balances competing priorities without losing momentum behind execution

    Communication:

    • Clearly communicates ideas, plans and priorities to others and persuasively communicates to win support
    • Encourages the honest expression and debate of different views and ideas
    • Understands and uses informal networks to get things done

    Operational Excellence:

    • Leverages understanding of key business drivers to get results and demonstrates functional/ technical mastery of the current job

    Attention to detail and ensuring analysis, recommendations, documentation are thoroughly managed and adhered to

        Apply online at: TD Bank Group






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