Royal Bank of Canada

Director Compensation

Royal Bank of Canada$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Compensation or Finance, preferably in Capital Markets
  • Undergraduate degree in Finance, Commerce, Human Resources, or similar
  • Strong analytical skills for complex data analysis and decision-making
  • Excellent organizational and project management abilities
  • Deadline-driven with a commitment to high-quality results

Responsibilities

  • Support development of compensation strategies aligned with business goals
  • Lead design of base salary and incentive programs to drive revenue
  • Prepare compensation updates for Human Resources Committee and Board
  • Collaborate with leaders to implement compensation solutions
  • Manage year-end compensation analytics considering performance and market data
  • Stay updated on market compensation practices and regulatory changes
  • Foster a high-performing team culture aligned with RBC values

Benefits

  • Comprehensive Total Rewards Program with bonuses and flexible benefits
  • Leadership support for professional development
  • Opportunity to make a meaningful impact
  • Dynamic and collaborative team environment
  • Access to diverse job opportunities across the organization
Full Job Description
Job Description

WHAT IS THE OPPORTUNITY?

As Director Compensation, you will support the Senior Director in leading the strategic design and implementation of compensation programs for the Capital Markets business. You will work closely with senior leadership to provide expert advice on all aspects of compensation programs, policies, initiatives and solutions, and manage key compensation initiatives and analytics while building and developing the compensation team.

WHAT WILL YOU DO?
  • Support the Senior Director in developing and implementing compensation strategies and frameworks that support business goals and objectives
  • Lead the design of base salary and variable incentive programs that drive revenue generation, ensuring programs are motivational, financially viable, and aligned with intended behaviors and regulatory guidance
  • Support the development and preparation of RBC Human Resources Committee and Board-related compensation updates and program design documents
  • Work with business leaders and HR teams to drive compensation solutions for major business change initiatives
  • Lead and manage a full suite of detailed year-end variable compensation analytics, considering multiple data points including employee performance, business performance, and market data to arrive at well-informed compensation recommendations
  • Proactively stay abreast of developments in the external market, becoming an expert on relevant competitor compensation practices, key business strategies, and responses to regulatory guidance
  • Collaborate closely with the Senior Director on team strategy and developing the compensation team, fostering a high-performing culture committed to RBC values and accountability
  • Drive efficiency and effectiveness through continuous process improvement, automation, and streamlining, especially in compensation analytics


WHAT DO YOU NEED TO SUCCEED?

Must have:
  • 7+ years' experience in Compensation and/or Finance, ideally within a Capital Markets environment.
  • Undergraduate degree in Finance, Commerce, Human Resources, Organizational Behaviour or similar.
  • Strong analytical skills with an ability to analyze complex situations, synthesize information, understand issues, identify options, and support sound decision making; and integrate information from different sources into a coherent view.
  • Strong organizational, project management, and time management capabilities.
  • Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.


Nice-to-have:
  • HR professional designation or Finance/Accounting certification
  • Experience in a matrix environment, such as a large, financial services organization
  • Ability to facilitate between and influence key decision makers
  • Strategic thinker with excellent interpersonal skills to partner across functions and businesses


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Access to a variety of job opportunities across business and geographies


#LI-POST
#TechPJ

Job Skills
Adaptability, Analytical Thinking, Collaboration, Compensation Analysis, Compensation Design, Compensation Strategies, HR Compensation, Human Resources Policies, Process Improvements, Strategic Design

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-28

Application Deadline:

2026-09-11
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Royal Bank of Canada.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

Similar Jobs

More Jobs at Royal Bank of Canada

More Finance & Insurance Jobs

Find similar Director Compensation jobs: