Job title: Compensation Advisor – Canadian Personal Banking
Company: TD Bank
Job description: Company Overview
Our Values
At TD we’re guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.
Making Your Well-being a Priority
A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars – physical, financial, social and mental/emotional. In addition, we champion a safe, inclusive and supportive work environment to help colleagues feel a sense of belonging, and supported in their personal and professional growth. Through our focus on total well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes … because when colleagues feel their best, they’re more likely to do their best.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.
How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they’ll always have access to the TD community and experience our culture of care.
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. 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 a customer obsessed organization, and we are 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.
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.
Job Requirements
What can you bring to TD?
The successful candidate will exhibit the following key competencies:
- Compensation Acumen: Strong working knowledge of compensation fundamentals, including executive 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
- Strong consulting, problem solving and analytical skills
- Advanced working knowledge of Excel, Word and PowerPoint
- Ability to manage changing priorities and to work under tight timelines
- 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.
Hours
37.5
Job Details
About this Role
The Compensation Advisor reports to the Senior Manager, Compensation Advisory – Canadian Personal Banking and acts as an in-house compensation expert, providing specialized analysis, consultative service and advice, as well as 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 Canadian Personal Banking businesses.
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;
- 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;
- Support and provide subject matter expertise on incentive plan designs for the assigned portfolios, as required;
- Lead and participate in projects, engaging multiple stakeholders in the flow of information and assignments;
- Provide business-specific, ad hoc and project-related analysis;
- Participate in broader Global Compensation Advisory projects.
Workplace Model
Hybrid
Inclusiveness
Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.
How We’re Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.
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!
Business Line
Corporate
Job Category – Primary
Human Resources
Job Category(s)
Human Resources
Job Family
Specialized HR
Time Type
Full Time
Employment Type
Regular
Pay Details
We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.
Expected salary:
Location: Toronto, ON
Job date: Wed, 25 Oct 2023 03:05:16 GMT
