Incentive Design Governance Specialist

at  TD Bank

JOB REQUIREMENTS

The successful candidate will exhibit the following key competencies:

• Compensation Acumen : Strong working knowledge of compensation fundamentals, including incentive plan design, 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.
• 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.
• Acts like An Owner : Takes ownership of issues and concerns and works to engage relevant stakeholders to resolve.
• Innovates With Purpose : Ability to identify new approaches to old 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.

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.

• Maintain a thorough understanding of TD Bank Group’s strategic direction, ensuring alignment of business specific compensation programs with established enterprise compensation principles and objectives.
• Lead the Annual Incentive Plan Health Assessment process. Prepare comprehensive templates, monitor regulatory landscape to determine assessment criteria, develop effectiveness analytics, and ensure consistent assessment across portfolios.
• Participate in the ongoing governance of business specific incentive compensation design and alignment to TD’s incentive design governance model, guiding principles and design frameworks.
• Contribute subject-matter expertise and develop tools and reference material to facilitate incentive compensation design.
• Manage the classification of incentive plans and incentive plan reporting for the Human Resources Committee of the Board.
• Support Annual Internal Compensation Audit and HR1B Control Testing.
• Lead and participate in projects, engaging multiple stakeholders in flow of information/ assignments.
• Provide ad hoc and project-related analysis.
• Participate in broader Compensation Advisory projects