Senior Consultant, Total Rewards
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Were building a relationship-oriented 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
What youll be doing
Reporting to the VP Team Rewards the Senior Consultant works collaboratively to complete 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 1-3 days per week on-site while other days will be remote.
How youll succeed
- Consulting - Work with the Director Team Rewards 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 Business Partners and Business Leaders to provide compensation advice on pay decisions and policy and guideline interpretation. Manage situations where there may be ambiguity and partner with the right clients to identify the core issues and support building solutions.
- Analysis - Perform in-depth 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 present analysis and recommendations to partners and business leaders.
- Project leadership - Participate and/or lead projects to conduct internal and external market research by analyzing compensation surveys developing and conducting ad-hoc market surveys and participating in general compensation surveys. Prepare project plans for small compensation related programs or initiatives. May act as work package leader or coordinator.
Who you are
- You can demonstrate experience in supporting Compensation within Total Rewards and have very strong MS Excel MS Access MS Word and MS PowerPoint skills. Experience in supporting Wealth management businesses is an asset.
- 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. You are curious and wish to fully understand the businesses you support and the perspectives of your partners/clients to deliver the best solutions possible. Youre confident in your ability to communicate detailed information in an impactful way.
- Youre driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
- 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.
- Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LI-TA
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 points-based 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
CIBC is committed to clarity in our hiring process. All roles posted are opportunities were actively recruiting for unless stated otherwise.
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 attribute-based assessment and other skills test (such as simulation coding French proficiency).
We use artificial intelligence tools during the recruitment process. 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
Toronto-81 Bay 34th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Business Objectives Communication Compensation Plans Long Term Planning Personal Initiative Reporting and Analysis Total Rewards Work CollaborativelyRequired Experience:
Senior IC
