Manager Compensation

TMX Group•Toronto, ON

3d•CA$110,000 - CA$130,000•Hybrid

About The Position

We are looking for an experienced Manager, Compensation, who thrives in complex, high-stakes environments and brings strong experience with Canadian legislation—including proactive Pay Equity compliance across Federal, Ontario, and Quebec frameworks, as well as evolving Pay Transparency requirements. As a Compensation Manager, you will serve as the senior compensation consultant to assigned business units (which may span multiple regions) and be a hands-on people leader within the Total Rewards team. You possess the professional maturity to influence senior leaders, navigate sensitive and consequential compensation decisions — including restructures, STIP design, leveling, and organizational design — and develop the people around you to deliver exceptional advisory work. You evolve programs to meet emerging business needs with a focus on measurable outcomes.

Requirements

7+ of progressive experience in compensation in a business partner or advisory capacity, with a demonstrated track record of leading complex compensation conversations with senior business leaders and HRBPs
2-3 years of experience directly managing or formally mentoring employees with a demonstrated ability to develop talent and build high-performing teams.
Proven track record of managing complex cross functional projects.
Proven ability to advise senior leaders on complex and sensitive compensation matters — including restructuring, STIP design, job leveling, and organizational design — with sound independent judgment and commercial acumen.
Working knowledge of Canadian pay equity legislation — Federal, Ontario, and Quebec — and provincial pay transparency requirements.
Deep expertise in total rewards principles, job evaluation methodologies, and compensation program design.
Advanced proficiency in Workday Compensation, including incentive plan configuration and system enhancements.
Demonstrated ability to deliver high-quality, accurate work under tight deadlines in a fast-moving environment — balancing precision with pace without sacrificing either.
Proven ability to operate effectively in a complex, fast-changing environment — maintaining rigor and sound judgment through ambiguity.
Advanced proficiency in MS Excel/Google Sheets (complex modeling) and project management frameworks.
Bachelor's degree in Human Resources, Business, Finance, or a related field.

Nice To Haves

Direct experience with Workday Advanced Compensation modules is an asset
Experience in the design and management of Sales incentive Plans
Completion of, or progress toward, CCP (Certified Compensation Professional) or CHRP/CHRL designation

Responsibilities

Provide direct leadership to Compensation Partner/ Analyst overseeing their professional development, performance management and daily deliverables.
Act as a technical mentor and coach, elevating the team’s compensation advisory and analytical capabilities and ensuring the delivery of high quality, actionable insights to the business.
Manage team capacity across competing priorities and prioritize workstreams to ensure alignment with the broader HR strategy.
Identify development opportunities for each team member, actively supporting their progression and building the bench strength of the compensation function.
Serve as the senior compensation lead advisor for assigned business units, leading complex and sensitive matters including offer recommendations, job leveling, restructuring, and organizational design.
Partner with HR Business Partners (HRBPs) and business leaders to co-create compensation solutions that balance business objectives, market competitiveness, and fiscal responsibility.
Partner with Talent Acquisition, Finance, HR Technology, and business leaders to ensure the seamless execution of salary planning, bonus accruals, and financial forecasting across assigned portfolios.
Lead education sessions for employees, managers, and HRBPs to build compensation literacy and program engagement — and equip team to do the same.
Lead the annual market survey process for assigned functions, refreshing the survey strategy to ensure data sources remain relevant to TMX's evolving competitive landscape.
Serve as TMX's subject matter expert for Canadian pay equity compliance — maintaining plans and conducting proactive reviews under Federal, Ontario, and Quebec legislation.
Stay ahead of provincial and federal pay transparency legislation, providing proactive guidance to Talent Acquisition and leadership on required disclosures and program adjustments.
Own the compensation outcomes for your entire regional and business unit portfolio — ensuring every decision within your scope reflects TMX's pay philosophy, is defensible under scrutiny, and is delivered with consistency across your team.
Independently lead regional and business unit-specific compensation projects from scoping through to delivery — such as job architecture reviews, pay structure updates, and compensation initiatives within assigned portfolios.
Support enterprise-wide programs led by the Senior Manager, Compensation as required.