Compensation Senior advisor

at  National Bank of Canada

Come live your ambitions as a member of the Compensation team at National Bank and work with us to create the most stimulating workplace in the country. With your talents as a strategic partner in Compensation, you will help us improve the practices of the Compensation Strategy and Governance, Business Lines sector.
In this position, you will work on a large-scale project—the transformation of variable compensation programs, primarily for the Commercial Banking sector—that will have a long-term impact on the Bank.
This team reports to the Senior Manager – Compensation Strategy and Governance, Business Lines. It’s made up of about 20 passionate advisors and is a strategic partner to the business sectors. Collaboration and partnership are key to succeeding with a hybrid work model that the Bank favours for greater flexibility.

Your main challenges:

• Help the Bank’s compensation practices to evolve
• Understand business issues, identify stakeholders’ needs, and suggest strategies that fit with the Bank’s cultural shift and transformation
• Guide the execution of various projects and mandates, act as an advisor for the various working committees, and provide alignment to guide strategic compensation decisions
• Intervene strategically with various partners and support the implementation of activities by providing high-level expertise
• Contribute actively to the professional development of your peers
• Offer value-added advisory services and support in a cross-sector and matrix context that is constantly evolving
• Develop and establish competitive and innovative compensation solutions, strategies, and guidelines that require buy-in from multiple stakeholders and meet business needs

• Act as an expert by influencing and balancing the interests of multiple stakeholdersRepresent the Bank and participate in information forums with external third parties to keep up with best compensation practices and help our practices and approaches to evolve

Requirements

• Bachelor’s degree in a related field and 7 years of relevant experience OR master’s degree in a related field and 5 years of relevant experience OR university certificate and 9 years of relevant experience
• Experience in compensation, particularly in developing compensation policies and programs
• Able to navigate in situations that are ambiguous and that provide service to sectors in matrix mode
• Recognized for your agility, proactivity, and curiosity in solving problems, managing stakeholders, and providing advisory service
• Ability to be a positive leader within a team

• Excellent command of Excel and knowledge of Success Factors is an assetBilingualism, spoken and written (English and French)

• Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

• Health and wellness program, including many options
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and Family Assistance Program
• Preferential banking services
• Opportunities to get involved in community initiatives
• Telemedicine service
• Virtual sleep clinic

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

Please refer the Job description for details