Senior Consultant, Compensation Delivery

RBCMississauga, ON
Onsite

About The Position

As a member of RBC’s Compensation Delivery team, the successful candidate plays a key role in the successful delivery of global equity/deferred compensation programs and supports the annual year-end compensation planning process. Requirements of this role are balanced between development of technical expertise and exceptional client service.

Requirements

  • 3 - 5+ years of relevant work experience in Compensation, Data Management, Project Management and/or Human Resources (with exposure to Finance or Payroll, an asset).
  • Undergraduate degree in Finance, Business or Human Resources.
  • Solid understanding of complex compensation programs and frameworks (i.e., in-year and deferred compensation programs) found within complex global traded organizations is required.
  • Experience in publicly traded organizations is an asset.
  • Strong interest and proficiency in working with large data sets, data management, and data quality.
  • Advanced Microsoft Excel skills and experience working with large data sets while ensuring consistency and accuracy.
  • Interest and ability in leveraging AI to increase operational efficiencies and consistency, is an asset.
  • Excellent communication skills – both written and verbal.
  • Solid relationship building skills; client-service orientated and flexibility to work in a fast-paced environment in process of transformation and continuously changing.
  • Detail oriented, analytical aptitude, and financial numeracy is required.
  • High level of technical proficiency with other MS Office products is an asset.
  • Knowledge of and experience with SAP, Shareworks and/or Workday would be preferred.

Nice To Haves

  • Experience in publicly traded organizations is an asset.
  • Interest and ability in leveraging AI to increase operational efficiencies and consistency, is an asset.
  • High level of technical proficiency with other MS Office products is an asset.
  • Knowledge of and experience with SAP, Shareworks and/or Workday would be preferred.

Responsibilities

  • Support grant and vest processes for monthly and/or annual awards of equity/deferred compensation programs, providing critical validations to ensure sufficient controls, and support enhanced process documentation.
  • Support global year-end compensation planning processes with data audit/compliance activities throughout compensation planning season.
  • Collaborate with Compensation Advisory, Payroll, Global Mobility and other internal partners for projects and year-end planning using a project management approach.
  • Resolve equity award related concerns/issues, and serve as a key contact to internal partners and award participants.
  • Ensure accurate and timely quarterly administration of the dividend reinvestment process, including audits on the internal HRIS and third-party recordkeeping system (Shareworks).
  • Provide reports to internal partners, such as Finance, Compliance, Corporate Treasury, Compensation Governance, and others as required.
  • Share responsibility for regulatory filings of RBC Insiders to reflect changes in equity holdings to meet regional requirements.
  • Partner with external tax advisors to ensure appropriate treatment of equity compensation payments for cross-border employees, and provide accurate reporting to Canadian and international payroll teams.
  • Strengthen relationships with external provider(s), continuously seeking ways to better leverage existing systems, and explore improved reporting and uses for validations.
  • Identify and implement ongoing process improvements, automation and simplification to drive team efficiency and effectiveness.
  • Support initiatives to broaden equity knowledge across participants and partners.
  • Act as back-up to other Equity Compensation Delivery team members to ensure the team provides uninterrupted delivery and ongoing project management.
  • Support ad hoc compensation projects and other duties as required.

Benefits

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation.
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