Managing Director, Head of SLC Compensation Delivery - SLC Management

Sun Life Financial, Inc.

• $179K — $286K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 10+ years in Business, HR, or a related field; MBA or MIR preferred
  • Expertise in compensation strategy design and implementation
  • Experience in asset management compensation and M&A due diligence/integration
  • Growth mindset with a focus on innovation and problem-solving
  • Strong leadership and team development skills
  • Ability to analyze data to inform compensation strategies

Responsibilities

  • Lead SLC's core compensation programs and ensure compliance
  • Design and deliver programs aligned with business strategy
  • Contribute to SLC's total rewards strategy for employee engagement
  • Build trusted relationships with HR and business leaders
  • Develop financial models for compensation decision-making
  • Execute communication strategies to enhance employee rewards experience
  • Monitor external trends to maintain competitive compensation programs
  • Support M&A due diligence and integration as a key HR member

Benefits

  • Generous vacation and sick leave policies
  • Market-leading maternity, parental, and adoption leave support
  • Partially-paid sabbatical program
  • Employer-matched pension, stock, and savings programs
  • Flexible work environment promoting career growth
  • Inclusive culture focused on collaboration and teamwork
Full Job Description
Job Description:

Managing Director, Head of SLC Compensation Delivery - SLC Management

What is in it for you:

The Managing Director, SLC Compensation responsible for developing and managing compensation programs that support the business objectives of line of business compensation within SLC.

Reporting to the Head of Total Rewards, SLC Management, you will lead a small but mighty team that partners with business and HR Leaders, and leverages data and analytics, to design, implement and manage compensation strategies and programs that produce measurable outcomes.

Deliver a modern, compelling, and integrated compensation plans that drive performance and reward long-term value creation.

In this key leadership role, you will play a pivotal role in shaping our company's compensation philosophy and programs to drive employee engagement, performance, and retention.

What you will do:
  • Leads and delivers SLC's core compensation programs, including the annual compensation cycle, market benchmarking, salary and incentive design, compensation recommendations, and job evaluation, while ensuring robust governance and compliance with applicable legislation.
  • Champions SLC's compensation philosophy, partnering with HR and business leaders to design and deliver programs aligned with business strategy and talent priorities.
  • Acts as a senior Total Rewards leader, contributing to SLC rewards strategy, promoting employee-centric and integrated delivery across total rewards, and supporting capability-building and talent development for the future.
  • Builds strong, trusted relationships with HR Business Partners, business leaders, and cross-functional teams; provides consultative partnership to understand strategic priorities and translates those insights into compensation solutions that support business objectives.
  • Develops sophisticated financial and data models to support compensation decision-making, including workforce planning, headcount growth, and staffing scenarios.
  • Partners with HR and Communications teams to design and execute effective communication and change-management strategies that enhance the employee experience and the perceived value of rewards programs, including market research, internal analysis, scenario modeling, impact assessment, and transition planning.
  • Monitors external market, regulatory, and industry trends impacting compensation programs and proactively identifies strategies and responses to maintain competitiveness and compliance.
  • Serves as a key member of M&A teams, leading HR due diligence assessments and supporting post-transaction integration and implementation.


What you need to succeed:
  • Bachelor's Degree or equivalent work experience
  • 10+ years of experience and a university education in Business, Human Resources or a related field. An MBA or MIR is an asset.
  • Possesses a growth mindset with willingness to challenge the status quo, try new things, test & learn and empower others to do the same, innovates and finds new solutions that solve business problems or create business opportunities.
  • Anchors decisions in facts, leverages data to generate new insights and opportunities, clearly defines and measures business outcomes to identify course corrections and measure success. Informs strategies and decisions through knowledge of current external research and trends.
  • Brings deep expertise in designing, implementing, and managing compensation strategies and programs. Experience with asset management compensation and M&A due diligence and/or integration work is a significant asset. Broader experience in total rewards is beneficial, though not required.
  • Focuses on developing people through coaching, continuous feedback, career development, and performance management. Builds the team and pipeline for future success.
  • Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.
  • Action-oriented, focused on execution, improving our employees' experience through continuous improvement, and operational excellence.
  • Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function, outside vendors, and brokers/consultants.
  • Highly organized and able to manage multiple priorities and deadlines effectively.


For US applicants the full base salary range is $179,200.00 - $286,700.00 USD Annual.

For Canadian applicants the full base salary range is $140k - $225k CAD Annual.

Why SLC Management?
  • Opportunity to work for a growing global institutional asset manager
  • Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical and financial - including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
  • Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
  • A flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
  • The opportunity to move along a variety of career paths with amazing networking potential


SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Job Category:

Human Resources
Salary Range
140,000/140 000 - 225,000/225 000

We are committed to pay transparency and equity. The base salary range for this role is competitive and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined by your unique skills, qualifications, experience, education, and geographic location. In addition to base salary, this position is eligible for a discretionary annual incentive award based on individual and overall business performance along with a broad range of competitive benefits.

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