Director, Executive Compensation Policy & Design
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Monthly Salary:
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 249456
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
This role leads and oversees Executive Compensation Policy and Design globally ensuring business strategies plans and initiatives are executed and delivered in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will:
- Lead and drive a Client-focused culture within their team to deepen Client relationships and leverage broader Bank relationships systems and knowledge
- Lead the development of executive compensation strategies and programs and Bank-wide plans including the Annual Incentive Plan (AIP) and deferred compensation plans. Prepares materials for the Human Resources and Compensation Committee (HCOB) / Board of Directors
- Oversee year-end executive compensation planning including overall management of the process and development of year-end communications. Leads the preparation of executive AIP and global equity forecasts
- Manage relationships with HR Business Partners and provides ongoing analysis and guidance in all areas of executive compensation. Acts as an advisor in the preparation of executive compensation packages and negotiations (VP)
- Oversee research on market executive compensation levels practices and trends to inform recommendations on base pay and incentives and compensation program design
- Leadthe development of the annual Management Proxy Circular (Compensation Discussion & Analysis report) including overseeing the writing and review process approving tabular data collaborating with Internal Audit Corporate Secretarys and other internal Scotiabank departments. May participate in the preparation of material in support of shareholder outreach initiatives and for the Banks Annual General Meeting
- Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions
- Create an environment in which their team pursues effective and efficient operations of respective areas while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk regulatory compliance risk Anti-Money-Laundering/Anti-Terrorist Financing risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework Regulatory Compliance Risk Management Framework AML/ATF Global Handbook and the Guidelines for Business Conduct
- Maintain a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment; communicating vison/ values/ business strategy and managing succession and development planning for the team
Do you have the skills that will enable you to succeed Wed love to work with you if you have:
- Minimum 10 years experience in executive compensation policy design governance and/ or related legal securities and tax considerations
- Advanced Excel skills (VBA not required)
- Financial institution experience is an asset
- Recognized HR or compensation designations are an asset (e.g. GRP CCP CHRP CHRL)
- Regular interactions with HR business partners executives Legal HR services other HR Centres of Expertise
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.
At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.
Required Experience:
Director
Key Skills
- Rhinoceros 3D
- Information Architecture
- Ux
- Usability
- Adobe Creative Suite
- Adobe Photoshop
- Adobe Illustrator
- Experience Design
- Grasshopper
- Sketch
- Sign Manufacturing
- Adobe Indesign
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
