Work Location:
Mount Laurel New Jersey United States of America
Hours:
40
Pay Details:
$86840 $130000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience jobrelated knowledge geographic location and other specific business and organizational needs.
As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Line of Business:
Human Resources
Job Description:
The Compensation Advisory Group within the Global Total Rewards Group is TDs inhouse Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements. The Compensation Advisor II will manage the daytoday relationship with our various partners and lead customized solutions aligned to the strategic requirements within the assigned portfolio. In this capacity this role will interface with the business leaders our various HR partners (Human Resources Business Partners HR Advice channels Talent Acquisition HR Operations) as well as Finance and the Governance & Control teams to provide direction on both individualized complex total rewards requests the management design and oversight of incentive plans and projectbased reviews.
Depth & Scope:
- Collaborates with internal and external partners to manage the effective development implementation and ongoing delivery of Total Rewards solutions while ensuring alignment with the broader HR strategy
- Maintains a thorough understanding of the portfolios strategic direction ensuring alignment of business specific compensation programs with established enterprise Total Rewards principles and objectives
- Leads and manages endtoend activities for the assigned portfolio including day to day compensation advisory and counsel complex compensation design ongoing forecasting and monitoring of plan health competitiveness and alignment to the business strategy
- Actively monitors trends in the competitive market with a solid understanding of the external comparative organizational structures ensuring both compensation designs and pay level opportunities allow the attraction and retention of qualified talent
- Leads strategic discussions on plan design and conducts complex modeling stresstesting and analysis for the purposes of compensation design
- Develops written materials on program design and impact that is reviewed by the various Conduct Risk Committees and the HR Committee of the Board as applicable
- Prepares and provides guidance and interpretation of analysis forecasting and summaries on compensation matters including advice and support on questions of policy and interpretation of plans
- Independently manages yearend compensation for the assigned portfolios including market data intelligence by monitoring participation in salary surveys to ensure competitive compensation as well as alignment with business strategy and compensation philosophy
- Actively participates in compensation advisory projects engaging multiple stakeholders in flow of information/assignments across functions using wellestablished project planning and change management skills including managing the communication requirements
- May provide guidance to Compensation Advisor I positions
Education & Experience:
- Undergraduate Degree or equivalent experience
- 7 years of related experience
- Strong consulting problemsolving and analytical skills
- Experience in a numerical/analytical capacity with the ability to model review and analyze data and present findings to senior business leaders
- Strong written and verbal communication skills with ability to tell a compelling story with data to create persuasive recommendations
- Ability to lead and conduct modeling/stresstesting/analysis for the purposes of compensation design
- Impact and influencing skills with an ability to persuade members from other areas to obtain cooperation in achieving objectives
- Working knowledge of local state and national laws and regulations pertaining to compensation programs in particular the Fair Labor Standards Act
- Intermediate to Advanced working knowledge of Excel Word and Power Point. Working knowledge of Access preferred
- Project management skills with an ability to provide oversight and coordination of multiple projects/changing priorities concurrently under tight timelines and with multiple stakeholders
- Highly organized selfmotivated able to work independently and delegate tasks/work to others
- Ability to manage changing priorities and work under tight deadlines
Customer Accountabilities:
- Acts as key contact and deep expert within area of expertise for the development design and delivery of effective HR plans policies programs and advice in support of HR strategies
- Shares specialized expert knowledge provides consultation and solutions to business management and HR teams
- Maintains awareness of changing legal/regulatory requirements and practices within the industry and consults with policy/process owners within HR to ensure compliance
- Identifies opportunities to improve policies and supporting materials to increase their effectiveness for employees people managers and HR partners while meeting compliance and business objectives
- Engages manages and influences internal/external crossfunctional partners to develop/deliver integrated solutions
- Facilitates learning and/or information sessions on HR programs and functions
- Manages the integrated implementation of HR processes/procedures/changes across multiple functional areas
- Accountable for the development and delivery of broad enterprise wide HR policies and initiatives which may have significant regulatory components creating business cases and innovative recommendations
- Executes on diverse and complex policies implements and develops activities and tools for businesses and supports people strategy and management activities
Shareholder Accountabilities:
- Adheres to enterprise frameworks or methodologies that relate to activities for own business area
- Consistently exercises discretion in managing correspondence
- Leads relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
- Ensures respective programs/policies/practices are well managed meets business needs complies with internal and external requirements and aligns with business priorities
- Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls segregation of duties transaction approvals and physical control of assets)
- Participates in crossfunctional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
- Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
- Leads in the selection and relationship management of partners to administer plans and programs in a manner that meet key objectives/service level targets
- Monitors service productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist
- Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues as appropriate
- Actively manages relationships within and across various business lines corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
- Keeps abreast of emerging issues trends and evolving regulatory requirements and assesses potential impacts
- Protects the interests of the organization identifies and manages risks and escalates nonstandard high risk transactions/activities as necessary
- Maintains a culture of risk management and control supported by effective processes in alignment with risk appetite
Employee/Team Accountabilities:
- Participates fully as a member of the team supports a positive work environment that promotes service to the business quality innovation and teamwork and ensures timely communication of issues/points of interest
- Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
- Keeps current on emerging trends/developments and grows knowledge of the business related tools and techniques
- Participates in personal performance management and development activities including cross training within own team
- Keeps others informed and uptodate about the status/progress of projects and/or all relevant or useful information related to daytoday activities
- Contributes to team development of skills and capabilities through development of others by sharing knowledge and experiences and leveraging best practices
- Leads motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
- Contributes to a fair positive and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for the business area/function and the bank both internally and/or externally
Physical Requirements:
Never: 0; Occasional: 133; Frequent: 3466; Continuous: 67100
- Domestic Travel Occasional
- International Travel Never
- Performing sedentary work Continuous
- Performing multiple tasks Continuous
- Operating standard office equipment Continuous
- Responding quickly to sounds Occasional
- Sitting Continuous
- Standing Occasional
- Walking Occasional
- Moving safely in confined spaces Occasional
- Lifting/Carrying (under 25 lbs. Occasional
- Lifting/Carrying (over 25 lbs. Never
- Squatting Occasional
- Bending Occasional
- Kneeling Never
- Crawling Never
- Climbing Never
- Reaching overhead Never
- Reaching forward Occasional
- Pushing Never
- Pulling Never
- Twisting Never
- Concentrating for long periods of time Continuous
- Applying common sense to deal with problems involving standardized situations Continuous
- Reading writing and comprehending instructions Continuous
- Adding subtracting multiplying and dividing Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
Who We Are:
TD is one of the worlds 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 95000 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 youve 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 were here to support you towards your goals. As an organization we keep growing and so will you.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental wellbeing goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and wellbeing benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. Learn more
Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience or you want to coach and inspire your colleagues there are many different career paths within our organization at TD and were committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.
Interview Process
Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
If you are an applicant with a disability and need accommodations to complete the application process email the TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the application process.
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.