Job DescriptionAs a Managing Director in the Executive Compensation and Board Advisory (ECBA) practice you will play a key leadership role in growing our Western Canadian Executive Compensation practice in Western Canada, focusing on the Alberta market, selling, leading and delivering large executive compensation and related engagements and serving as a strategic advisor to clients. You'll also contribute your thought leadership to the overall development of the Executive Compensation practice and act as a coach and mentor for colleagues. Specific client engagements could include the following:
- Executive compensation benchmarking
- Short- and long-term incentive design
- Human Resources & Compensation Committee advice / support
- Board Advisory support
- Working closely with colleagues in other Work & Rewards practices to sell and deliver broader rewards strategy projects, including our broad-based employee solutions (compensation, careers, skills, etc.), and our proprietary data and software solutions
- Partnering with colleagues in our other Health, Wealth, and Career businesses on broader opportunities that align with our client's needs (e.g. integrating change and communications support, health and welfare benefits solutions, retirement, etc.)
Responsibilities:Clients- Serve as lead Executive Compensation Consultant on client projects, supporting management and/or the compensation committee, developing appropriate reward strategies which align with the overall human capital strategy and support the client's business goals while adhering to WTW's Professional Excellence standards
- Develop and maintain selected key accounts and trusted client relationships at a senior level in ways that support long-term client relationships across multiple practices
- Manage multiple complex Executive Compensation engagements to ensure profitable revenue for WTW, associate engagement and development and high client satisfaction
- Think strategically in partnering with clients to pioneer unique approaches to solving their business problems, connecting clients to other WTW colleagues where appropriate
- Provide high-quality consulting advice, accurate technical content and engaging deliverables to senior leaders in client companies
- Use highly effective written and spoken communications to deliver detailed findings, analyses and recommendations to senior leaders of client organizations
Excellence- Contribute to the development, design and implementation of Executive Compensation programs and practices for our clients
- Nurture your profile as a thought leader in the Executive Compensation sphere, through various public relations initiatives that build a strong brand image for our business and enhance WTW's brand and market position
- Provide insight, judgement and intellectual capital to the Executive Compensation practice and local office teams
- Collaborate with sales operations, legal and client teams on client contracting terms (e.g. scope of work, Master Services Agreements)
- Be a positive role model of WTW values and contribute to building an employer of choice culture of top performing associates committed to client satisfaction, teamwork and excellence in all that is done
Financial- Manage own pipeline, assessing the market for client opportunities, then nurturing qualified leads into profitable new business wins
- Support the Executive Compensation and broader Rewards office and regional practice leaders in creating and executing a strategy to penetrate the Alberta and broader Western Canadian markets and introduce new clients to the firm to meet annual revenue goals
- Identify opportunities to cross-sell new products and services
- Coordinate with existing client teams to identify, develop and win strategic sales opportunities
- Build relationships with internal and external sources to maximize the penetration of key target clients
People- Lead Executive Compensation engagements including developing project plans for execution of large, global engagements leveraging cross-functional teams that work together effectively
- Demonstrate extensive leadership ability by effectively mentoring and developing other consultants
- Build relationships internally and collaborate effectively on cross-functional teams
QualificationsRequirements:- Minimum fifteen (15) years of experience in an executive compensation consulting organization, or in a senior HR or compensation leadership role in a large, complex organization
- Excellent academic credentials (e.g., MBA, law, accounting, or actuarial science degrees, certification such as CCP or equivalent)
- Proven compensation consulting success in areas including executive compensation benchmarking, annual incentive design, design of equity compensation programs, and analysis of complex pay issues on implementation of compensation changes
- Excellent analytical skills both in terms of logic of reasoning and analysis of numerical and financial data
- An executive presence with excellent and persuasive oral and written communication skills in an executive setting
- Strong client relationship skills: the ability to influence senior management and the ability to work across all levels of an organization
- Demonstrated capacity to propose and win profitable new business
- Proven ability to lead and develop teams of high performing consulting professionals
- Mentoring/coaching skills
- Self-driven achiever with ability to work effectively in ambiguous situations
- Flexibility and proven ability to diagnose and resolve complex issues
- Demonstrated value for diversity, excellence and integrity in all that is done
- Working knowledge of Excel, MS Word, MS PowerPoint
- Bachelor's degree required, MBA or other relevant advanced degree preferred
Compensation and BenefitsBase salary range and benefits information for this position are being included in accordance with requirements for various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual qualifications, education/profession certifications, experience, performance in the role.
CompensationThe base salary compensation range being offered for this role is $260,000 CAD -$300,000 CAD per year.
This role is also eligible for an annual short-term incentive bonus.
Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.
This job posting is an advertisement for an existing vacancy.
