Senior Manager, Compensation Governance and Regulatory Compliance
Senior Manager, Compensation Governance and Regulatory Compliance
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Job Description
Job Summary
Job Description
What is the opportunity
The Senior Manager Compensation Governance and Regulatory Compliance is an integral member of the Compensation Governance Team providing support to RBCs Board of Directors and senior management as they discharge the responsibilities of overseeing RBCs compensation programs and practices. This role will provide high exposure to senior leadership through the development of the policies frameworks and external disclosures. This individual will also have the opportunity to develop compensation practices and lead initiatives to comply with evolving global regulatory requirements. We are seeking a versatile candidate who thrives in a changing environment and is looking to make an impact in the organization.
What will you do
Public Disclosures
- Prepare the Compensation Discussion & Analysis (CD&A) content for the annual Proxy Circular
- Benchmark peer proxies to understand industry best practices and emerging trends
Executive Committee Planning and Coordination
- Organize the committee meetings including setting agenda coordinating materials scheduling and ensuring governance standards are met for data retention and documentation
- Support the Annual General Meeting by ensuring senior leaders are prepped for Q&A on compensation
- Manage the calendar of events leading up to each committee meeting and year end disclosure
- Proactively recommend process changes as observed
Policy Review
- Lead in-depth review and annual refresh of Compensation policies and related processes and standards including change management of downstream impacts to our business and functional partners
Research and Advisory
- Act as the central point of contact with global stakeholders (e.g. Law Compliance etc.) and work with local compensation/HR team to ensure RBC stays abreast of evolving legislative and regulatory matters
- Draft correspondence with regulators in response to new legislative requirements or proposals
- Assess the impact of new regulation and work with business and functional partners to identify and implement action plans
What do you need to succeed
Must-have:
- Undergraduate degree with 5-8 years progressive experience in HR risk compliance audit finance or regulatory
- Advanced technical skills in Microsoft suite (Word Excel PowerPoint etc.)
- Strong project management skills with sound judgment on when to escalate negotiate or be flexible
- Previous experience (2 years) working with policies procedure documents standards and frameworks including executing refreshes attestations or proposing improvements
- Strong problem solving learning and organizational skills with the ability to handle multiple priorities and have strong attention to detail
- Strong verbal and written communication skills including presentation skills suitable for senior-level audiences
- Strong appreciation for the regulatory landscape and interest in research
- Collaborative approach and enjoy working in a team environment
Nice-to-have:
- Knowledge of financial services industry
- Knowledge of legal and regulatory issues with respect to compensation
Whats in it for you
We thrive on the challenge to be our best progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other reaching our potential making a difference to our communities and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses and flexible benefits competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic collaborative progressive and high-performing team
- Opportunities to take on progressively greater scopes of work
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Job Skills
Collaborating Collaborative Mindset Communication Compensation Management Confidentiality Critical Thinking Data Gathering Analysis Delegating Tasks Documentations HR Legal Human Resources (HR) Knowledge Organization Legal Practices Meeting Organization Organizing Planning Project Administration Salary Structure Design Workforce Analytics Written CommunicationAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best effectively collaborate drive innovation and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect belonging and opportunity for all.
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Required Experience:
Senior Manager
Employment Type
Full-Time
