drjobs Senior Manager, PWM Performance Management and Incentive Design

Senior Manager, PWM Performance Management and Incentive Design

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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

$ 108800 - 163200

Vacancy

1 Vacancy

Job Description

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

TD General

Pay Details:

$108800 - $163200 CAD

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 job-related 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.

Job Description:

Department Overview

Part of the TD Bank Group TD Wealth (TDW) Private Wealth Management (PWM) provides a comprehensive range of wealth management services to high-net-worth and ultra high-net-worth individuals families and organizations with wide-ranging and often-complex needs. Based on our commitment to discovering and achieving what truly matters to each client TD Wealth Private Wealth Management leverages a distinctive discovery process and an integrated team-based approach to build a wealth strategy that reflects each clients unique needs. As part of our commitment to One TD our team members collaborate closely to deliver a full spectrum of TD Wealth Private Wealth Management services from private banking services and estate and trust planning to philanthropy business succession and tax planning. More broadly we bring the best of the Bank to our clients in partnership with Business Banking our TDS teams and other corporate partners.

Role

The Senior Manager PWM Performance Management and Incentive Design will lead the end-to-end strategy design and delivery of compensation and recognition programs across several lines of business within TD Wealth. This includes ownership of compensation design performance reporting (e.g. scorecards) and incentive frameworks for advisors in PIA PIC Private Trust and WISI.

Leading a team of six data-driven professionals you will act as a thought leader within the business helping shape advisor behavior collaborating with senior leaders to align incentive structures with growth objectives and launching strategic changes to support recruitment retention and practice performance. This role is ideal for a compensation leader with deep understanding of full-service brokerage models or someone with adjacent experience in investment management HR strategy or data analytics who brings strong organizational influence and a track record of strategic execution.

Key accountabilities include:

  • Own the design and evolution of compensation and recognition programs for advisors and professionals across PIA PIC Private Trust and WISI.

  • Provide regular reporting and insight on advisor performance scorecards and business outcomes.

  • Lead a team of six in performance data analysis reporting and operational execution.

  • Serve as a strategic advisor to the business helping shape compensation philosophy and incentive design to drive desired behavior and outcomes.

  • Launch and lead major changes to comp programs including designing new frameworks building business cases gaining executive approvals and managing enterprise change.

  • Partner with senior stakeholders (e.g. regional leaders Ryan Paul) to align on objectives gain buy-in and ensure clear communication of program impact.

  • Build clear success metrics (e.g. impact on growth recruitment retention) and monitor outcomes over time.

  • Provide coaching and leadership to the team encouraging delegation collaboration and a performance-focused culture.

Requirements

  • Minimum 710 years of experience in compensation strategy performance analytics or wealth management business leadership.

  • Strong understanding of compensation models in full-service brokerage or adjacent sectors (e.g. investment management private wealth).

  • Proven experience in launching or evolving comp and R&R programs including navigating organizational approvals and working with senior executives.

  • Skilled in influencing across the organization able to articulate complex changes gain support and execute effectively.

  • Demonstrated ability to manage and lead a high-performing analytical team; comfortable coaching and enabling others.

  • Background in HR strategy finance or business analytics is an asset.

  • Data-driven and outcome-oriented with a track record of measuring and reporting on impact.

  • Bilingualism (French/English) is an asset.

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 well-being goals. Total Rewards at TD includes a base salary variable compensation and several other key plans such as health and well-being benefits savings and retirement programs paid time off banking benefits and discounts career development and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations requirements.


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
Your accessibility is important to us. Please let us know if youd like accommodations (including accessible meeting rooms captioning for virtual interviews etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

Required Experience:

Senior Manager

Employment Type

Full-Time

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