Senior Manager, Compensation, Global Technology & Operations
Job Summary
Job Description
What is the opportunity?
As a Senior Manager Compensation, supporting Technology & Operations platform, you will be responsible for the design, development, implementation and communication of compensation solutions (salary, short term incentive and equity programs) that support and align with RBC's compensation principles and Business strategies and objectives. This position is responsible for providing executives and senior management with expert advice on all aspects of compensation programs, policies, initiatives and integrated HR solutions, ensuring they have a clear understanding of the financial and human capital impact of their HR compensation decisions. This role allows you to showcase your expertise, drive performance, drive employee engagement and partner with key business areas to make an impact.
The incumbent is accountable to the Senior Director, Compensation, for successful achievement of the agreed upon goals and objectives, driving a high level of performance, employee engagement, and a superior client experience.
What will you do?
- Develop compensation strategies and frameworks that support the business goals and objectives.
- Advance compensation solutions for salary, incentive, direct drive and commission programs that align with RBC's compensation principles and regulatory expectations, incentivize desired behaviours, and address financial, operational risks and people risks.
- Consult with HR Business Partners and business leaders to integrate and apply compensation programs to initiatives and individual employee circumstances.
- Develop compensation communications that ensure people managers and employees receive timely and easy to understand information.
- Manage market research, including the cost effective collection, modeling and analysis of compensation data, providing meaningful insights and action plans.
- Cultivate and maintain strong relationships with HR Business Partners and leaders; problem solve through root cause analysis; demonstrate the ability to impact and influence.
- Proactively leverage external networks to obtain market intelligence and remain current with market trends.
- Drive efficiency and effectiveness through continuous process improvement, automation and streamlining
What do you need to succeed?
Must-have
- Bachelor's degree, preferably in Human Resources, Mathematics, Finance, Economics, or a related field
- 5 years+ experience in compensation design and implementation ideally within the technology or consulting industry
- Experience in research and modeling, including the development of spreadsheets, databases and presentations; Mathematical aptitude and analytical thinking
- Confident, articulate, and professional speaking abilities (and experience)
- Ability to present information clearly, effectively and succinctly in various presentation formats
- Strong technical skills in the design and management of sophisticated compensation programs
- Advanced technical skills in Microsoft suite (Word, Excel, PowerPoint, etc.) for use in the design and management of sophisticated compensation programs
- Enjoys working in a collaborative team environment
Nice-to-have
- Relevant experience in tech/fintech would be a strong asset
- Experience using a Web-based compensation tool, e.g., Pay Factors, WorkDay
- Experience using macro, SQL, and data visualization tools, e.g., Tableau, PowerBI
- Experience in a large, complex corporate environment
- Experience with internal consulting, including interacting with senior executives
What's in it for you?
We thrive on collaboration, innovation, and making a difference in our communities. By joining this team, you will contribute to building trusted relationships with clients and helping newcomers succeed in Canada.
- Leadership that supports your development through coaching and opportunities to grow your career.
- A dynamic, high-performing, and inclusive team where your ideas and contributions make a difference.
Job Skills
Compensation Management, Creative Visioning, Critical Thinking, Goal Setting, HR Legal, Human Resources Policies, Knowledge Organization, Long Term Planning, Salary Structure Design, Workforce AnalyticsAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.