Scotiabank

Manager, Executive Compensation and Governance - Global HR

Scotiabank$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required
  • 5+ years in Executive Compensation and governance compliance
  • Financial industry experience preferred
  • Experience in a large multinational company
  • Strong analytical and problem-solving capabilities
  • Expertise in Microsoft Office applications, particularly Excel and PowerPoint
  • Excellent communication and project management skills

Responsibilities

  • Champion a customer-focused culture to enhance client relations
  • Manage and compile risk and conduct-related incidents from various business areas
  • Identify and assess regulatory developments affecting the Bank's operations
  • Prepare materials for Compensation Review Committee meetings
  • Support the year-end compensation planning and reporting process
  • Make compensation recommendations for executive hires, promotions, and transfers
  • Collaborate with Finance for accurate compensation accruals and data reconciliation

Benefits

  • Global scope of work affecting multiple regions
  • High accountability and prioritization of inputs from diverse sources
  • Opportunity for professional development through involvement in CRC meetings
  • Involvement in compliance with global regulatory bodies
  • Experience in a high-performance and inclusive work environment
Full Job Description
Requisition ID: 272423

The Manager contributes to the overall success of the Executive Compensation team and Global Rewards department ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the Bank's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, and internal policies and procedures.

Reporting to the Senior Manager, Financial Analysis - Executive Compensation, the Manager, Executive Compensation and Governance directly supports the Executive Compensation team, with responsibilities including but not limited to, collecting and reporting on risk and conduct-related incidents, producing financial forecasts and tracking incentive pay throughout the year, supporting year-end compensation activities, making compensation recommendations for new hires, promotions and transfers at the executive level, and preparing the annual management proxy circular. This role will independently manage assigned workstreams while partnering to support broader team priorities, deliverables, and projects. This position requires an individual with a high degree of autonomy and a broad understanding of the financial industry and incentive compensation cycle.

Is this role right for you? In this role you wil:
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Champion a high-performance environment and contributes to an inclusive work environment.
  • Manage the end-to-end process to collect risk and conduct-related incidents from various business functions, including preparation of communication materials, submission timelines, initiating follow-ups, and ensuring all necessary information is collected and disseminated according to the established process.
  • Identifie risk and conduct-related governance and regulatory developments and emerging practices that may impact the Bank globally or in key countries/regions, and assesses the Bank's compliance or areas requiring change.
  • Prepare materials to support Compensation Review Committee (CRC) meetings.
  • Manage the end-to-end process to identify roles considered material to the Bank, updates the Material Risk Impact employees (MRIs) list on a regular basis, manages year-end activities related to the MRIs and prepares and delivers annual communication to identified employees.
  • Assist with managing the Bank's executive compensation programs including equity-based compensation with vesting conditions.
  • Prepare compensation accruals on a regular basis, collaborating with both the Finance and Reporting teams to receive accurate inputs to validate and reconcile the data.
  • Participate in the preparation of the annual Management Proxy Circular, including tabular data.
  • Support the year-end compensation planning process and reporting.
  • Prepare compensation recommendations for new hires, promotions, transfers, and others if required.
  • Support ad hoc requests including internal equity and market competitiveness analysis and compensation recommendations.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursue effective and efficient operations of the respective areas in accordance with ScotiaBond Values, the Code of Conduct and other corporate policies.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Completion of an undergraduate University degree
  • Minimum 5 years' experience in Executive Compensation and related governance and compliance
  • Financial industry expertise is an asset
  • Background in a large multinational company
  • Prior experience with compensation/executive compensation
  • High degree of professional ethics and ability to handle sensitive and confidential information with discretion
  • Strong analytical and problem-solving skills
  • Excellent attention to detail
  • Excellent verbal and written communication skills
  • Strong project management and organizational skills
  • Ability to adapt to frequently changing priorities and identify critical paths for resolution
  • Inquisitive mindset; eager to learn and acquire knowledge
  • Expert knowledge of Microsoft Office applications (including MS Word, MS Excel, and MS PowerPoint)


What's in it for you?
  • Bank-wide / global scope
  • Accountable for prioritizing input from multiple sources and delivering on all assigned work
  • Ensure deliverables are on-time and of high quality
  • Supports minimum of two CRC meetings per year
  • Compliance with numerous global and country/region-specific regulatory bodies and/or requirements


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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