Senior Business Application Analyst- Compensation Delivery

TD•Toronto, ON

3d•CA$81,600 - CA$115,200•Onsite

About The Position

Lead Compensation Technology activities supporting compensation programs and platforms, including Workday, Varicent, and related compensation solutions. Plan, manage, and lead requirements gathering, solution design, and application lifecycle activities for key compensation initiatives, annual and off-cycle compensation cycles, and system enhancements. Lead business testing, operational readiness, operational support, and change management activities to ensure the successful delivery and ongoing optimization of compensation processes within business-as-usual operations.

Requirements

Undergraduate degree or technical certificate in Human Resources, Business Administration, Information Systems, Finance, or related discipline, or equivalent combination of education and experience
5+ years of progressive experience in Compensation, Total Rewards, HR Technology, Business Analysis, Application Management, or related operational and technology support functions
Strong knowledge of compensation-related systems and applications, including Workday, Varicent, or similar HR and compensation technology platforms (certifications are considered an asset)
Experience using Agile delivery methodologies and practices is considered an asset
Experience leading Business Acceptance Testing (BAT/UAT), change management, release management, and deployment activities for system enhancements and business initiatives
Strong analytical, problem-solving, and communication skills with the ability to translate business needs into effective operational and technology solutions

Nice To Haves

certifications are considered an asset
Experience using Agile delivery methodologies and practices is considered an asset

Responsibilities

Responsible for the intake of compensation technology projects, major initiatives, annual compensation cycle enhancements, and regulatory or business-driven changes
Responsible for the documentation of all business owned artifacts that are required for projects and major initiatives as defined by TD's Project Delivery Life Cycle (PDLC) methodology
Responsible for all Business Acceptance Testing (BAT) documentation required for projects, system enhancements, annual compensation cycles, and major initiatives in accordance with the bank's project delivery methodology
Work closely with the Test Lead to ensure common testing standards and practices are followed and adhered to
Responsible for the planning, coordination, and execution of BAT activities for compensation technology projects, application releases, annual compensation cycle changes, and production maintenance activities
Responsible for working with various teams to establish a partnership and ensure all business requirements and Data Governance requirements are met
Provide support for deployment and change management activities related to compensation programs, technology enhancements, and system implementations
Review requirements specifications, configuration designs, and technical documentation to provide timely and meaningful feedback and ensure alignment with business objectives and compensation policies
Provide recommendations and possible solutions to address operational challenges, system issues, process inefficiencies, and risks throughout the lifecycle of compensation programs, projects, and applications
Identify, assess, and escalate risks that could impact compensation program delivery, annual compensation cycle timelines, data integrity, compliance, system stability, or project outcomes; provide options and recommendations for mitigation
Act as an escalation point for compensation application, operational, and processing issues, coordinating resolution with internal stakeholders, technology partners, business teams, and external vendors as required
Act as a key decision-maker for compensation technology initiatives, annual compensation cycles, and system enhancements, collaborating with Compensation, HR, Payroll, Technology, and business subject matter experts to make informed business decisions
Accountable for ensuring compensation projects, enhancements, and operational activities adhere to the EPMO project delivery methodology, governance standards, and control requirements
Ensure adherence to the Data Governance Framework
Ensure adherence to guidelines and regulatory requirements under Privacy, Legal, Compliance, and the Office of the Chief Data Officer
Demonstrated ability to build relationships within the team and with key stakeholders
Continuously enhance expertise in compensation technology platforms, including Workday, Varicent, and related applications, while remaining current on industry trends, emerging technologies, and best practices
Support business case development for compensation technology investments, process improvements, and strategic initiatives, including identification of business value, efficiencies, risk reduction, and operational benefits
Drive continuous improvement by identifying opportunities to simplify processes, increase automation, improve the manager and colleague experience, and optimize compensation technology capabilities across the enterprise.
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participate in personal performance management and development activities, including cross training within own team
Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand champion for your business area/function and the bank, both internally and/or externally