Senior Analyst, Total Rewards

Fairstone Bank•Montreal, QC

9d•CA$80,000 - CA$85,000•Hybrid

About The Position

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig. Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers. Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank. Join Fairstone Bank as a Senior Analyst, Total Rewards, and be part of our talented and growing team! Reporting to Sr. Manager, Total Rewards, the Sr. Analyst, Total Rewards will support the analysis, implementation, communication and administration of competitive Total Rewards programs that align with the business strategy, goals and objectives. This role will provide support and subject matter expertise on employee compensation and benefits programs, processes, policies and other related initiatives that enhance the organization’s ability to attract, retain and engage qualified talent. The ideal candidate combines strong analytical capability with a passion for process improvement, fairness, and data integrity—aligning with Fairstone’s commitment to responsible financial services and continuous innovation.

Requirements

Bachelor’s degree in Human Resources, Business administration, or related field
3+ years of work experience in a Total Rewards, Compensation & Benefits Analyst position
Knowledge of compensation salary planning, incentive programs, equity plans and market pricing is essential
Strong working knowledge of Excel, Word and Power Point and HRIS systems
Proficient with compensation research and data analysis
Strong problem-solving skills
Proven ability to multi-task on projects within tight timeframes in a fast-paced environment
Exceptional organizational skills with strong attention to detail, follow-up and problem resolution
Ability to maintain confidential information is essential for this role
Bilingual: French and English, written and spoken - The ability to communicate in English is essential to fulfill the primary responsibilities of the position, which includes providing service and support to a national, bilingual client base.
Thrive in the face of change with a strong sense of urgency
Challenge the status quo by contributing impactful ideas and solutions
Build partnerships and prioritize collaboration
Be proactive and exceed expected results

Nice To Haves

Experience with Workday, preferred
Experience with Job Evaluation (Mercer IPE) is an asset

Responsibilities

Assist and collaborate in the planning, coordination, facilitation, administration, and reporting of the annual year-end compensation salary review and short-term incentive program
Complete salary surveys and conduct market benchmarking and trend analysis to assess competitiveness
Complete job evaluations in partnership with HR Business Partners
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
Review a wide range of relevant compensation data to ensure the company's remuneration policies are competitive
Collaborate with the Talent Acquisition and Human Resources Business Partners to provide guidance on positions grades
Support the day-to-day administration of the employee benefit programs and disability management programs, including responding to employee inquiries with accuracy and urgency
Participate in the preparation and rollout of group benefits open enrollment campaign
Identify and recommend process improvements using best-in-class approach to mitigate errors and increase efficiency.
Recommend new processes to ensure they are cost-effective and consistent with market trends and corporate objectives
Maintain up-to-date policies and procedures for employee group benefits, compensation and recognition programs
Assist with the analysis and development of new and existing benefits and total rewards initiatives, policies and procedures
Assist in preparing and delivering program communications and training for HR Partners and business clients as applicable