Compensation Advisor

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Job Description:

Department Overview

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.

The Compensation Advisor reports to the Senior Manager, Compensation Advisory and acts as an in-house compensation expert, supporting the design and delivery of custom rewards solutions that align with strategic business requirements. The Compensation Advisor will build great partnerships across Global Compensation, Finance, HR Business Partners and Business Leaders. This role will support the Business Banking portfolio.

Key accountabilities of this role include:

• Develop and maintain a thorough understanding of TD's strategic direction, ensuring business-specific compensation programs are aligned with enterprise-wide compensation principles and objectives;

• Monitor and advise on competitive market trends to ensure both compensation design and pay-level opportunities will attract and retain qualified talent;

• Complete and submit variable pay forecasts to our Finance partners;

• Participate in and contribute to the development of tools, workshops and reference materials that increase capability for making informed Total Rewards decisions;

• Manage the annual compensation cycle for the assigned businesses, including survey submission, end-to-end research and market analysis, and presentation of findings;

• Provide advice and counsel on complex compensation recommendations for new hires or internal moves within businesses - for executives and employees;

• Lead and participate in projects, engaging multiple stakeholders in the flow of information and assignments;

• Participate in the review and design of sales incentive plans for the assigned businesses

• Provide business-specific, ad hoc and project-related analysis;

• Participate in broader Global Compensation Advisory projects.

Job Requirements

The successful candidate will exhibit the following key competencies:

• Compensation Acumen: Strong working knowledge of compensation fundamentals, including executive compensation and sales compensation with a proven track record for delivering competitive compensation programs.

• Analytical & Conceptual Thinking: Ability to conduct complex analysis and research and translate that knowledge into meaningful insights and recommendations for the business.

• Critical Thinking: Ability to identify patterns, trends and relationships in the data that are not immediately obvious to find optimal and pragmatic solutions.

• Project Management: Well organized with strong project management skills and able to adapt to changing priorities within a fast-paced and deadline-oriented environment.

• Executes with Speed and Impact: Can operate with high standards and build a sense of urgency to get results, always taking the initiative to find ways to get better results and improve efficiency for frequent asks.

• Acts like An Owner: Takes ownership of issues and concerns; works to engage relevant stakeholders to resolve.

• Innovates with Purpose: Ability to identify new approaches to frequently occurring problems and challenge current paradigms, showing resilience in the pursuit of goals and objectives.

• Communication and Partnerships: Communicates clearly, encourages honest dialogue, builds great partnerships and influences others, leveraging both formal and informal networks to get things done.

Additional Information

• 4-6 years in a similar compensation-related capacity;

• Bachelors' degree in business management, human resources / labour relations, mathematics or economics preferred, or equivalent relevant working experience.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet