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Compensation Manager

Peoples Group15 days ago
Hybrid
Senior Level
full_time

Top Benefits

Hybrid work environment
Competitive salaries
Profit sharing

About the role

About the day-to-day:

  • Design and manage compensation programs that align with business objectives, drive performance, and support talent strategies.
  • Partner with business leaders, People and Culture teams, and Finance to develop, refine and administer salary plans, incentive and equity programs that are competitive, compliant, and effective.
  • Analyze data and prepare reports to support decision-making and Board presentations to ensure compliance with internal policies and external regulations.
  • Conduct market benchmarking and compensation analysis to ensure programs remain competitive and equitable.
  • Provide subject matter expertise on sales incentive structures, including quota setting, performance metrics, and payout modeling and guidance on job evaluations, salary recommendations, and incentive programs.
  • Support the annual compensation cycle, systems set up, including salary planning, incentive payouts, compensation reviews, communication, and training.
  • Ensure compliance with internal policies, governance standards, and regulatory requirements (e.g., OSFI.)
  • Prepare and present compensation recommendations and insights to senior leadership.
  • Independently leads or support assigned programs and special projects related to compensation strategy, analytics, and process improvement.
  • Develop and oversee processes which support strong governance.

About the Qualifications:

  • 7+ years of progressive experience in compensation, with a depth in sales compensation in a complex, matrixed environment.
  • Strong analytical skills, attention to detail and problem-solving skills with advanced proficiency in Excel.
  • Excellent communication, influencing and stakeholder management skills, including presenting complex concepts to the senior executive team.
  • Ability to work independently and manage multiple priorities in a fast-paced environment, and lead through others.
  • Knowledge of Canadian compensation regulations, legislation and practices.
  • Experience in the financial services or banking sector is preferred.
  • Experience with HRIS and compensation tools (e.g., Workday, SAP SuccessFactors, or similar) is preferred,
  • Experience across Total Rewards (e.g. benefits, retirement programs) is an asset.

About us:

Peoples Group is a boutique financial institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 35 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

Our culture here at Peoples Group is formed by our values: Trustworthy, Creative, Willing. We believe people don't choose a company to work for, they choose a company to join. We prioritize risk-based practices and procedures in order to remain risk intelligent and compliant. We value people, building relationships, and focusing on strengths; we execute with passion.

About the work environment:

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.

We offer:

  • A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
  • Competitive salaries, profit sharing, RRSP matching and benefits from day one.
  • Generous paid time off to help achieve a healthy work-life balance.
  • A strengths-based approach, ensuring we work together more effectively.
  • A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Help us get to know you better by answering our application questions! Your participation is expected as an essential part of our selection process.

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.

About Peoples Group

Financial Services
501-1000

Peoples Group has been providing a tailored suite of financial solutions and delivering world-class customer interactions, since 1985. Over the years, we’ve thoughtfully expanded our product and service offerings based on customer needs. We expect to continue this successful journey in the years to come. We have grown substantial market share in the insured commercial lending space and are the leading issuer of prepaid payment cards in Canada, as well as an innovative merchant acquirer. We are an entrepreneurial organization that excels at customizing solutions to fit the needs of our clients. As a trusted partner of many fintechs, we have a proven track record of providing tools and guidance so they can realize their success.

Today, Peoples Group has 455+ employees and operates nationally in Vancouver, Calgary, Toronto and Montreal. Our success comes from our employees who bring our vision and values to life. By valuing people, building relationships, and focusing on strengths, we execute with passion.

And we mean it. We live our vision and values every day by being Trustworthy, Willing, Creative.   What does this look like? We believe everyone has strengths that make them unique and are their greatest opportunity for success. We focus on strengths, the strength of our employees, the strength of our customers and build from there.

Focusing on strengths allows our company to be best positioned to build on our other two values: Relationship Building and Passionate Execution. Working at Peoples has a community feeling, where people care about each other and display pride in their work. At Peoples, every employee, at all locations and levels, is empowered to make an impact and contribute ideas.