Senior Director Benefits Governance

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

Qualifications

  • Bachelor's degree in relevant field; higher degree preferred.
  • 7-10 years of experience in employee benefits or related field; 5 years with a master's.
  • Recognized expertise in designing employee benefits and wellness programs.
  • Leadership experience in managing specialized teams required.
  • Strong strategic planning and initiative leadership skills.
  • Excellent communication and influence skills with stakeholders.
  • Analytical skills in decision-making and financial management are crucial.

Responsibilities

  • Lead and develop a specialized team of benefits experts.
  • Act as the go-to expert for employee benefits strategies and policies.
  • Define and evolve the Bank's employee benefits and wellness programs.
  • Advise executive leadership on strategic, complex benefit-related matters.
  • Monitor market trends to maintain a competitive benefits offering.
  • Collaborate with partners to enhance employee benefit programs.
  • Ensure compliance with regulations and governance standards.
  • Manage budgets and assess program performance effectively.
  • Build and maintain relationships with external vendors and partners.

Benefits

  • Flexible health and wellness program with various options.
  • Comprehensive and flexible group insurance.
  • Generous pension plan to secure financial future.
  • Employee Share Ownership Plan for personal investment.
  • Family support through Employee and Family Assistance Program.
  • Preferential banking services exclusive to employees.
  • Opportunities to engage in community initiatives.
  • Access to telemedicine and virtual wellness services.
Full Job Description
As Senior Director, Benefits Governance, you define the strategic direction and oversee the evolution of the Bank's employee benefits offering. As a recognized leader in the field, you act as a trusted advisor to the leadership teams and contribute to attracting, engaging, and retaining talent through competitive, equitable, and business-aligned programs.

You lead a team of experts responsible for areas including group insurance, attendance and absence management, and occupational health and safety. You also ensure innovation, sound governance, regulatory compliance, and the effective management of investments related to the programs under your responsibility.

This strategic role gives you the opportunity to make a significant impact across the organization through your leadership, collaborative approach, and ability to mobilize stakeholders.

Your Role
  • Lead and develop a small team of specialized experts.
  • Act as a recognized leader and internal subject matter expert on employee benefits matters, supporting business priorities as well as talent attraction, engagement, and retention.
  • Define and evolve the strategies, policies, programs, and technology platforms that support the employee benefits offering.
  • Advise leadership teams on complex and strategic matters.
  • Monitor market trends to ensure a competitive and innovative benefits offering.
  • Collaborate with business partners to evolve programs based on the needs of the Bank and its employees.
  • Ensure compliance with regulatory requirements, governance standards, and risk management practices.
  • Manage budgets, measure program performance, and drive value creation.
  • Develop and maintain strategic relationships with vendors and external partners.
  • Represent the Bank with external organizations and partners when required.

Your Team

Within the Human Experience and Performance (HEP) sector, you will be part of the Total Rewards team, consisting of approximately 45 colleagues, and you will report to the Senior Director, Well-being, Benefits and Recognition.

Our team is recognized for its deep expertise and innovative approach, focused on transforming and advancing total rewards practices.

We are committed to providing flexibility to support your quality of life through a hybrid work model and flexible work arrangements.

Prerequisites
  • Bachelor's degree in a relevant discipline and 7 to 10 years of experience, or a master's degree and a minimum of 5 years of experience.
  • Recognized expertise in the design and evolution of employee benefits, health and wellness, retirement programs, or related fields.
  • Demonstrated leadership experience in managing and developing specialized teams.
  • Ability to define strategic directions and lead complex initiatives in a transforming environment.
  • Excellent influencing, communication, and advisory skills with senior leadership and a broad range of stakeholders.
  • Strong analytical, decision-making, and financial management capabilities, including the use of data to inform recommendations.
  • Proven ability to innovate, mobilize teams, and build lasting partnerships internally and externally.


Languages:

English, French

Reason to require this language: you will need to carry out regularly tasks that require the use of IT apps and tools unavailable in French.

Skills

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Critical Thinking Diversity & Inclusion Emotional Intelligence Innovation Management Risk Management Stress Management Business Alignment Data-Driven Decision-Making Decision Making Learning Agility Mobilization Partner Development Resiliency Strategic Vision Strategy Execution

Your benefits

In addition to competitive compensation, upon hiring you'll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options

* Flexible group insurance

* Generous pension plan

* Employee Share Ownership Plan

* Employee and family assistance program

* Preferential banking services

* Involvement in community initiatives

* Telemedicine service

* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees' ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

About Banque Nationale du Canada

Banque Nationale du Canada Careers

Joining Banque Nationale du Canada presents a prime opportunity to be part of a team that values innovation, leadership, and diversity. As one of the leading financial institutions, the bank offers a variety of job opportunities that cater to a range of skills and professional aspirations.

Explore Career Opportunities

Banque Nationale du Canada is actively hiring and continually seeks passionate, creative, and solution-driven team players. Explore open positions that match individual skills and interests in the dynamic world of finance. From entry-level roles to executive positions, each career path at Banque Nationale du Canada is designed to foster growth and leadership.

Internship Programs

Kickstart a career in banking with Banque Nationale du Canada’s internship programs. These opportunities allow interns to work on real projects, gaining hands-on experience and valuable insights into the financial sector. Internships are a stepping stone to full-time employment and offer a robust platform for networking and professional development.

Employee Benefits and Culture

Banque Nationale du Canada is committed to supporting its employees through comprehensive benefits, diversity training, and a culture that promotes work-life balance. The company’s benefits package includes health, dental, and vision insurance, alongside retirement plans and paid time off. The inclusive culture at Banque Nationale du Canada ensures that all team members feel valued and respected.

Professional Growth and Development

The bank champions professional growth and offers numerous resources for career advancement, including workshops, seminars, and continued education programs. Employees at Banque Nationale du Canada are encouraged to harness their potential and advance their careers within the company.

Innovation and Industry Leadership

At the intersection of technology and financial services, Banque Nationale du Canada leads with innovative solutions that redefine banking. Employees are part of a forward-thinking team that leverages technology to enhance customer experiences and drive industry leadership.

Join the Team

Search for job opportunities that align with personal career goals at Banque Nationale du Canada. The company is looking for individuals who are curious, driven, and eager to make an impact in the financial industry.

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