Director Total Rewards
Director Total Rewards
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Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.
At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC please visit CIBC
What youll be doing
The Director Team Rewards works with the Total Rewards Team to complete moderately complex to complex analysis and develop recommendations on new or modified compensation programs that support business goals and market competitive practices.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 13 days per week onsite while other days will be remote.
How youll succeed
Consulting Work with the Senior Director and other Total Reward Team members to recommend changes to current compensation programs policies and procedures in order to ensure that programs are market competitive internally equitable cost effective aligned with CIBC policies and business objectives and provide the ability for CIBC to attract and retain key talent. Work with clients including Human Resource Consultants and Business Leaders to provide compensation advice on pay decisions and policy and guideline interpretation
Analysis Perform indepth and moderately complex quantitative and qualitative analysis on existing and proposed compensation programs including analyzing compensation trends analyzing alternative scenarios and developing costing models to determine the financial impact of salary and incentive plan changes. Prepare reports and/or presentations incorporating compensation analysis and recommendations and participate in presenting analysis and recommendations to client groups
Project leadership Participate and/or lead projects to conduct internal and external market research by analyzing compensation surveys developing and conducting adhoc market surveys and participating in general compensation surveys. Prepare project plans for small to medium sized compensation related programs or initiatives. May act as project or work package leader.
Who you are
You can demonstrate experience in Compensation Finance or other analytical positions and have very strong MS Excel MS Access MS Word and MS PowerPoint skills. Its an asset if you have knowledge of government regulations as they apply to compensation base and incentive compensation programs company policies and operations
You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making
You give meaning to data. You enjoy investigating complex problems and making sense of information. Youre confident in your ability to communicate detailed information in an impactful way
You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because its the right thing to do
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability
What CIBC Offers
At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.
We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program* defined benefit pension plan* an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social pointsbased recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact
You need to be legally eligible to work at the location(s) specified above and where applicable must have a valid work or study permit.
We may ask you to complete an attributebased assessment and other skills tests (such as simulation coding French proficiency MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.
Job Location
Toronto81 Bay 34th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Client Counseling Compensation Analytics Compensation Management Compensation Modeling Compensation Strategies Data Analysis Executive Presenting Human Resources (HR) Incentive Compensation Leadership Microsoft Excel Microsoft PowerPoint Waterfall ModelRequired Experience:
Director
Employment Type
Full-Time
