Consultant, Total Rewards

Reporting to the Senior Director, Team Rewards, the Consultant works collaboratively to complete moderately to complex analysis and develop recommendations on new or modified compensation programs that support business goals and market competitive practices.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Analysis - Perform in-depth and moderately complex quantitative and qualitative analysis on existing and proposed compensation programs, including analyzing compensation trends, analyzing alternative scenarios, and developing costing models to determine the financial impact of salary and incentive plan changes. Prepare reports and/or presentations incorporating compensation analysis and recommendations, and participate in presenting analysis and recommendations to partners and business leaders.
• Advise - Work with the Director, the Senior Director and other Total Rewards team members to recommend changes to current compensation programs, policies and procedures in order to ensure that such programs are market competitive, internally equitable, cost effective, aligned with CIBC policies and business objectives, and provide the ability for CIBC to attract and retain key talent.  Work with partners, including Human Resource Business Partners and Business Leaders, to provide compensation advice on pay decisions, and policy and guideline interpretation.
• Project Participation - Participate actively in projects to conduct internal and external market research by analyzing compensation surveys, developing and conducting ad-hoc market surveys, and participating in general compensation surveys. Prepare project plans for small compensation related programs or initiatives.  May act as work package leader or coordinator.

Who you are

• You can demonstrate experience in Compensation, Finance or other analytical positions, and have very strong MS Excel, MS Access, MS Word and MS PowerPoint skills.  It’s an asset if you have knowledge of government regulations, as they apply to compensation base and incentive compensation programs, company policies and operations.
• You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
• You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
• You live your values. You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

#LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

Employment Type

Weekly Hours

Skills