Manager, Compensation Advisory & Governance

OMERS•Toronto, ON

8d•CA$103,000 - CA$157,000•Hybrid

About The Position

The Manager, Compensation Advisory & Governance is responsible for providing advisory services to senior business leaders and HR business partners in alignment with OMERS compensation philosophy and strategy. The role also leads key governance activities, develops compensation policies, and provides guidance on the implementation of compensation plans in line with industry-leading practices.

Requirements

University degree in a related discipline or equivalent in experience and education.
7+ years of work experience in compensation or related field; experience in compensation consulting, executive compensation and governance is an asset.
Experience partnering with senior business leaders, HR partners, and executive stakeholders to provide trusted advice on compensation matters.
Deep knowledge of compensation plans, structures, governance practices, and executive compensation, recognized as a subject matter expert.
Strong analytical capability, including the ability to interpret complex market and compensation data and translate insights into clear, defensible recommendations for business leaders.
Experience preparing executive-level materials and presenting large underlying datasets with a clear and concise narrative.
A team player, high results orientation, independent self-starter, with the ability to build rapport and maintain a high level of confidence and integrity at all levels of the organization.
Strong attention to detail, sound judgment, and discretion when managing sensitive compensation and executive matters.
Strong organizational skills with a demonstrated ability to achieve results in a complex environment, managing multiple priorities and time constraints.
Strong MS Office skills, including advanced Excel and PowerPoint.
Excellent communication and presentation skills, both written and verbal.
Familiarity with HR technologies such as Workday HCM and compensation management systems.

Nice To Haves

Professional HR designation an asset.

Responsibilities

Provide expert advisory services to senior business leaders and HR business partners for OMERS Corporate teams.
Responsible for conducting competitive positioning, strong and detailed technical analysis, and preparing compensation recommendations that support strategic business decisions and drive results.
Lead the review and maintenance of total compensation plans and policies for OMERS Corporate teams, maintaining market competitiveness and internal equity.
Partner with HR business partners to support the annual year-end compensation decisioning process, including providing market intelligence insights to senior leaders, compensation recommendations for year-end increases, and additional analysis and reporting for rollup review.
Act as an escalation point for complex compensation queries and exceptions.
Drive strategic priorities of the compensation team through key projects, including review of compensation frameworks, salary structures, analytics, and insights.
Partner with People Experience Operations, Talent Acquisition, and HR Technology teams to execute compensation processes, support hiring decisions, and advise on HRIS configuration and reporting.
Oversee the annual compensation benchmarking and facilitate the annual compensation survey process.
Develop strong external networks and liaise with compensation peers in other organizations and industries to share compensation information and exchange best practices.
Oversee HR Committee and C-Suite sign-off schedules and ensure timely coordination for executive and Board-level approvals for the annual compensation cycle approval process.
Prepare materials for the quarterly HR Committee meetings, presenting compensation information and analyses to support recommendations.
Lead compensation governance activities related to C-suite compensation reviews, year-end compensation awards and market competitiveness assessments.
Lead governance activities related to incentive plan acknowledgements and legal review coordination, including engagement with internal and external advisors as needed.
Draft year-end communications and support compensation statement and sign-off materials for senior leadership.