Director, Total Rewards & HRIS

at  CIBC Mellon

COMPANY INFORMATION:

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.
We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.
We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

POSITION OVERVIEW:

Position Overview:
The Director, Total Rewards & HRIS role is responsible for providing direction on Total Rewards systems strategy and execution, solutions and connectivity with other organization wide systems which leverage HRIS data as system of record. Acts as the technical lead in the design, development, implementation, and administration of innovative total rewards programs including compensation, benefits and retirement savings programs. The role ensures effective program management by developing data management approaches which streamline and automate processes and provide program intelligence to maximize ROI while partnering with VP, Total Rewards, HR team and business leaders on an array of Total Rewards initiatives.

Responsibilities:

• Project manages the implementation of new total rewards technologies or enhancements to existing technologies including HRIS/payroll, compensation, performance, benefits and pension
• Acts as the technical lead for compensation programs by developing policies, tools and processes to ensure programs are effectively managed and support CIBC Mellon’s pay for performance philosophy
• Guides implementation of additional Ceridian Dayforce HCM modules (onboarding, total rewards statements, enhanced reporting, dashboarding) and/or other enhancements to the system
• Leads the design, implementation and management of robust reporting and analytics that drive total rewards program design and strategy decisions to maximize ROI on total rewards spend
• Develops strong partnerships with HR partners and business leaders at all levels across the company to proactively understand their needs, identify market trends and analyze competitive data with respect to attracting, retaining and rewarding a high performing diverse workforce
• Manages the year end compensation process including configuration and rollout of the Compensation Planning system, leader training, and Executive and HR Committee reports
• Supports change within the organization with appropriate tools, communication strategy and implementation with leaders
• Manages vendor relationships ensuring service standards are being met while partnering with internal vendor management to ensure adherence with CIBC Mellon’s vendor management policies and procedures
• Researches best practices (e.g. benchmarking) and lead the design of new total rewards initiatives to support the total rewards strategy
• Provides functional guidance and mentorship to the Compensation and Benefits team regarding program and procedural changes, and technical systems proficiency

This role reports into the VP of Total Rewards

QUALIFICATIONS:

CIBC Mellon’s Values:
Client Focus: Putting the client at the centre of all that we do
Integrity: Acting with the highest ethical standards for our company, our employees and our clients
Teamwork: Fostering collaboration and diversity to empower employees to build relationships and deliver insights
Excellence: Setting the standard for leading-edge solutions, innovation and continuous improvement

Qualifications:

• 7 years of compensation experience in general with a mindset to build and ability to pivot quickly
• 3 – 5 years of total rewards experience
• Demonstrated experience with developing and updating of HRIS data interfaces
• Expert data management and reporting analytics skills specifically excel, HRIS, compensation planning systems set-up and implementation/customization
• Working knowledge of People Fluent (Talent Management – Performance and Compensation Planning) and Ceridian Dayforce HCM would be an asset
• Exposure to sales compensation management and system implementation/management
• Strong project management experienc

RESPONSIBILITIES:

Qualifications:

• 7 years of compensation experience in general with a mindset to build and ability to pivot quickly
• 3 – 5 years of total rewards experience
• Demonstrated experience with developing and updating of HRIS data interfaces
• Expert data management and reporting analytics skills specifically excel, HRIS, compensation planning systems set-up and implementation/customization
• Working knowledge of People Fluent (Talent Management – Performance and Compensation Planning) and Ceridian Dayforce HCM would be an asset
• Exposure to sales compensation management and system implementation/management
• Strong project management experience

Responsibilities:

• Project manages the implementation of new total rewards technologies or enhancements to existing technologies including HRIS/payroll, compensation, performance, benefits and pension
• Acts as the technical lead for compensation programs by developing policies, tools and processes to ensure programs are effectively managed and support CIBC Mellon’s pay for performance philosophy
• Guides implementation of additional Ceridian Dayforce HCM modules (onboarding, total rewards statements, enhanced reporting, dashboarding) and/or other enhancements to the system
• Leads the design, implementation and management of robust reporting and analytics that drive total rewards program design and strategy decisions to maximize ROI on total rewards spend
• Develops strong partnerships with HR partners and business leaders at all levels across the company to proactively understand their needs, identify market trends and analyze competitive data with respect to attracting, retaining and rewarding a high performing diverse workforce
• Manages the year end compensation process including configuration and rollout of the Compensation Planning system, leader training, and Executive and HR Committee reports
• Supports change within the organization with appropriate tools, communication strategy and implementation with leaders
• Manages vendor relationships ensuring service standards are being met while partnering with internal vendor management to ensure adherence with CIBC Mellon’s vendor management policies and procedures
• Researches best practices (e.g. benchmarking) and lead the design of new total rewards initiatives to support the total rewards strategy
• Provides functional guidance and mentorship to the Compensation and Benefits team regarding program and procedural changes, and technical systems proficienc