Royal Bank of Canada

Manager, Incentive Compensation Delivery

Royal Bank of Canada$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of people management experience
  • Expertise in compensation program guidelines and policies
  • Strong operational management skills with a focus on process controls
  • Experience leading teams through change initiatives
  • Familiarity with compensation systems (nice-to-have)
  • 2+ years in leadership or supervisory roles (nice-to-have)

Responsibilities

  • Oversee team productivity and service quality for compensation programs
  • Develop and mentor coordinators to enhance their capabilities
  • Collaborate with leaders to redesign processes and implement change
  • Conduct audits and identify root causes of compensation errors
  • Drive efficiency and continuous improvement within operations

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Supportive leaders who provide coaching and development opportunities
  • Chance to make a significant impact within the organization
  • Collaborative and progressive work environment
  • World-class training program in financial services
  • Opportunities for challenging work
Full Job Description
Job Description

What is the Opportunity?

RBC offers an exciting role as a Manager, Incentive Compensation Delivery, where you'll drive operational excellence and people leadership for 13,000 sales professionals across North America, overseeing $4 billion in annual compensation programs while championing process innovation and transformational change.

What will you do?
  • Operations Oversight - Monitor team productivity and service quality by regularly tracking performance against volume, quality targets, and service level agreements. Conduct post-implementation audits, identify root causes of compensation errors or process failures, and drive efficiency improvements through standardization and continuous improvement.
  • People Leadership - Develop and coach a team of GG09 and/or GG10 coordinators through mentoring, capability development, and aligned performance goals. Cultivate a growth mindset across the team while demonstrating commitment to RBC core values and enabling employee engagement
  • Change Champion - Partner with ICD Implementation & Delivery and Sales Force leaders to redesign processes and controls, identifying operational impacts and defining business requirements for technology changes. Foster a culture of change within the team.


What do you need to succeed?

  • Leadership to build trust and create a high-performance culture through candid feedback and a growth mindset. Demonstrate RBC values while developing your team and elevating employee engagement.
  • Subject Matter Expertise to master compensation program guidelines, policies, and procedures across compensation programs. Develop deep knowledge of how compensation is adjudicated and understand delegated authorities so you can make sound recommendations on escalations while providing team support.
  • Operational Management by establishing rigorous process controls and quality assurance routines to ensure timely, accurate compensation payments. Drive efficiency, standardization, and continuous improvement while managing inquiries and escalations within defined authorities.


Must have:
  • People Management Experience
  • Compensation and Program Knowledge
  • An Operational Excellence Change Mindset


Nice-to-have:
  • 2+ years in Leadership or Supervisory roles
  • Experience working through complex change initiatives
  • Familiarity with Compensation Systems


What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
  • 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.
  • A world-class training program in financial services.
  • Opportunities to do challenging work.


Job Skills
Coaching Others, Communication, Compensation Management, Critical Thinking, Decision Making, Detail-Oriented, Group Problem Solving, Incentive Program, Operational Delivery, Payroll Processing, Team Management, Teamwork, Time Management, Workforce Analytics

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-04

Application Deadline:

2026-11-02
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

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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

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