TD Bank

Compensation Advisor II (US) - Capital Markets

TD Bank • $97K — $145K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
5 days ago
Job Overview by Ladders

Qualifications

  • Undergraduate degree or equivalent experience required.
  • 7+ years of relevant experience in compensation or HR consulting.
  • Strong analytical skills with a focus on data modeling and interpretation.
  • Exceptional written and verbal communication skills for storytelling with data.
  • Proficiency in Excel, Word, and PowerPoint; Access knowledge preferred.
  • Ability to manage multiple projects and changing priorities under tight deadlines.
  • Familiarity with compensation regulations such as the Fair Labor Standards Act.

Responsibilities

  • Collaborate with partners to develop and implement Total Rewards solutions.
  • Ensure compensation programs align with strategic business goals and principles.
  • Manage all activities related to compensation advisory for assigned portfolios.
  • Monitor market trends in compensation to support talent retention.
  • Lead discussions on compensation plan design, including modeling and analysis.
  • Prepare written reports and conduct presentations for stakeholders.
  • Oversee year-end compensation processes and market data intelligence.

Benefits

  • Comprehensive health and wellness programs.
  • Retirement savings plans with company matching.
  • Opportunities for professional development and training.
  • Generous paid time off and flexible working arrangements.
  • Employee assistance programs for personal and professional support.
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
Human Resources

Pay Detail:
$97,240 - $145,600 USD

Job Description:

The Compensation Advisory Group, within the Global Total Rewards Group, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on their respective strategy and business requirements. The Compensation Advisor II will manage the day-to-day relationship with our various partners and lead customized solutions aligned to the strategic requirements within the assigned portfolio. In this capacity, this role will interface with the business leaders, our various HR partners (Human Resources Business Partners, HR Advice channels, Talent Acquisition, HR Operations), as well as Finance and the Governance & Control teams to provide direction on both individualized complex total rewards requests, the management, design and oversight of incentive plans, and project-based reviews.

Depth & Scope:
  • Collaborates with internal and external partners to manage the effective development, implementation, and ongoing delivery of Total Rewards solutions, while ensuring alignment with the broader HR strategy
  • Maintains a thorough understanding of the portfolios' strategic direction, ensuring alignment of business specific compensation programs with established enterprise Total Rewards principles and objectives
  • Leads and manages end-to-end activities for the assigned portfolio, including day to day compensation advisory and counsel, complex compensation design, ongoing forecasting and monitoring of plan health, competitiveness, and alignment to the business strategy
  • Actively monitors trends in the competitive market with a solid understanding of the external comparative organizational structures, ensuring both compensation designs and pay level opportunities allow the attraction and retention of qualified talent
  • Leads strategic discussions on plan design and conducts complex modeling, stress-testing and analysis for the purposes of compensation design
  • Develops written materials on program design and impact that is reviewed by the various Conduct Risk Committees and the HR Committee of the Board, as applicable
  • Prepares and provides guidance and interpretation of analysis, forecasting and summaries on compensation matters, including advice and support on questions of policy and interpretation of plans
  • Independently manages year-end compensation for the assigned portfolios, including market data intelligence by monitoring participation in salary surveys to ensure competitive compensation as well as alignment with business strategy and compensation philosophy
  • Actively participates in compensation advisory projects engaging multiple stakeholders in flow of information/assignments across functions using well-established project planning and change management skills, including managing the communication requirements
  • May provide guidance to Compensation Advisor I positions


Education & Experience:
  • Undergraduate Degree or equivalent experience
  • 7+ years of related experience
  • Strong consulting, problem-solving and analytical skills
  • Experience in a numerical/analytical capacity with the ability to model, review and analyze data and present findings to senior business leaders
  • Strong written and verbal communication skills with ability to tell a compelling story with data to create persuasive recommendations
  • Ability to lead and conduct modeling/stress-testing/analysis for the purposes of compensation design
  • Impact and influencing skills with an ability to persuade members from other areas to obtain cooperation in achieving objectives
  • Working knowledge of local, state and national laws and regulations pertaining to compensation programs, in particular, the Fair Labor Standards Act
  • Intermediate to Advanced working knowledge of Excel, Word, and Power Point. Working knowledge of Access preferred
  • Project management skills, with an ability to provide oversight and coordination of multiple projects/changing priorities concurrently under tight timelines and with multiple stakeholders
  • Highly organized, self-motivated, able to work independently and delegate tasks/work to others
  • Ability to manage changing priorities and work under tight deadlines


Preferred Qualifications:
  • Compensation experience supporting Capital Markets preferred
  • Proven experience advising Business Partners and other stakeholders on compensation policy and practices
  • Strong influencing and stakeholder management skills
  • Strategic thinker with strong consulting and problem-solving capabilities
  • Advanced analytical skills with strong attention to detail
  • Excellent communication skills, with the ability to deliver clear, concise messaging
  • Highly organized, with the ability to manage multiple priorities in a fast-paced environment
  • Strong project management skills; comfortable navigating ambiguity in a matrixed organization

Customer Accountabilities:
  • Acts as key contact and deep expert within area of expertise for the development, design and delivery of effective HR plans, policies, programs and advice in support of HR strategies
  • Shares specialized expert knowledge, provides consultation and solutions to business management and HR teams
  • Maintains awareness of changing legal/regulatory requirements and practices within the industry and consults with policy/process owners within HR to ensure compliance
  • Identifies opportunities to improve policies and supporting materials to increase their effectiveness for employees, people managers and HR partners while meeting compliance and business objectives
  • Engages, manages and influences internal/external cross-functional partners to develop/deliver integrated solutions
  • Facilitates learning and/or information sessions on HR programs and functions
  • Manages the integrated implementation of HR processes/procedures/changes across multiple functional areas
  • Accountable for the development and delivery of broad enterprise wide HR policies, and initiatives which may have significant regulatory components, creating business cases and innovative recommendations
  • Executes on diverse and complex policies, implements and develops activities and tools for businesses, and supports people strategy and management activities


Shareholder Accountabilities:
  • Adheres to enterprise frameworks or methodologies that relate to activities for own business area
  • Consistently exercises discretion in managing correspondence
  • Leads relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
  • Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
  • Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
  • Participates in cross-functional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
  • Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
  • Leads in the selection and relationship management of partners to administer plans and programs in a manner that meet key objectives/service level targets
  • Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist
  • Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues as appropriate
  • Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
  • Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
  • Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high risk transactions/activities as necessary
  • Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite


Employee/Team Accountabilities:
  • Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest
  • Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
  • Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques
  • Participates in personal performance management and development activities, including cross training within own team
  • Keeps 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
  • Contributes to team development of skills and capabilities through development of others, by sharing knowledge and experiences and leveraging best practices
  • Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
  • Contributes to a fair, positive and equitable environment that supports a diverse workforce
  • Acts as a brand ambassador for the business area/function and the bank, both internally and/or externally


Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Never
  • Performing sedentary work - Continuous
  • Performing multiple tasks - Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds - Occasional
  • Sitting - Continuous
  • Standing - Occasional
  • Walking - Occasional
  • Moving safely in confined spaces - Occasional
  • Lifting/Carrying (under 25 lbs.) - Occasional
  • Lifting/Carrying (over 25 lbs.) - Never
  • Squatting - Occasional
  • Bending - Occasional
  • Kneeling - Never
  • Crawling - Never
  • Climbing - Never
  • Reaching overhead - Never
  • Reaching forward - Occasional
  • Pushing - Never
  • Pulling - Never
  • Twisting - Never
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - Continuous
  • Reading, writing and comprehending instructions - Continuous
  • Adding, subtracting, multiplying and dividing - Continuous


The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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