TD Bank

Senior Manager, Compensation Mergers & Acquisitions (M&A) and Special Initiatives

TD Bank$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree in business management, economics, mathematics, finance, or HR equivalent.
  • 5-7 years of experience in compensation or related HR functions.
  • Proven track record in executing and designing competitive total rewards programs.
  • Strong analytical skills with experience in data review and presentation to senior leaders.
  • Project management experience with ability to manage multiple priorities under tight deadlines.
  • Advanced proficiency in Excel, Word, and PowerPoint.
  • Ability to work independently and lead teams effectively.

Responsibilities

  • Lead M&A due diligence by representing HR in deal discussions.
  • Own HR diligence and liaise with Corporate Development and Legal teams.
  • Ensure smooth transition of transactions to HR partners.
  • Complete financial modeling and business case documentation for diligence reports.
  • Maintain and evolve M&A frameworks for HR to meet changing needs.
  • Build tools to enhance accuracy and efficiency in processes.
  • Develop team capabilities and expertise across HR partnerships.

Benefits

  • Professional development opportunities to enhance skills.
  • Supportive work environment focused on career growth.
  • Flexible work hours to promote work-life balance.
  • Access to innovative HR tools and frameworks.
  • Chance to influence significant organizational decisions.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Human Resources

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

The Total Rewards team provides leadership and guidance in the development and delivery of effective compensation, retirement and benefit strategies, policies, and programs that support TD Bank business and talent objectives. The Compensation Advisory team supports all aspects of compensation, including compensation planning, governance, reporting, mergers and acquisitions, program design, incentive design, equity and other forms of long and short-term compensation, research, global mobility, and in-house consulting to our Human Resource Business Partners and business leaders. The Compensation Advisory team provides tailored compensation solutions, advice and consultation on all aspects of total rewards.

Job Description

This role will report to the Vice President, Compensation Advisory. The successful candidate will interface with senior business executives, Corporate Development, Transactions Legal, HR Leadership, Human Resources Business Partners, and HR COEs by providing strategic direction on M&A transactions both representing general HR guidance and by providing detailed compensation recommendations at the individual level or aggregate level as applicable. The successful candidate will be a trusted advisor who will:

  • Lead the M&A due diligence activity by actively representing HR on Corporate Development deal calls;


  • Own the HR diligence workstream and be the primary liaison with Corporate Development and Transactions Legal;


  • Ensure seamless transition of the transactions to HR partners or Integration Lead, including support during the period between signing and deal closing period;


  • Complete required business case documentation and relevant financial modelling for due diligence reports including SET/Board approval of HR items;


  • Maintain the M&A framework for HR, and evolve as needed to meet shifting priorities and structures, ensuring key accountabilities are known and communicated to partners;


  • Build and maintain tools that drive consistency, accuracy and speed;


  • Build team capability and expertise both within direct team and when liaising with other partners across HR;


  • Work closely with external consultants during diligence phase as needed;


  • Operate with independence, delivering solutions with internal and external partners in response to active deal needs, while balancing with the HR and Total Rewards strategy.


Special Initiatives

  • Act as key contact and deep expert within area of expertise for the development, design and delivery of effective HR plans, policies, programs and advice in support of HR strategies.


  • Share specialized expert knowledge, provide consultation and solutions to business management and HR teams;


  • Maintain awareness of changing legal/regulatory requirements and practices within the industry and consult with policy/process owners within HR to ensure compliance;


  • Identify opportunities to improve policies and supporting materials to increase their effectiveness for employees, people managers and HR partners while meeting compliance and business objectives;


  • Engage, manage and influence internal/external cross-functional partners to develop/deliver integrated solutions;


  • Facilitate learning and/or information sessions on HR programs and functions;


  • Execute on diverse and complex policies, implement and develop activities and tools for businesses, and support people strategy and management activities.


Job Requirements

Specific Educational Requirements / Accreditations

  • Possess a university degree with emphasis in business management, economics, mathematics, finance or post-graduate studies in Human Resources, or equivalent work experience.


Other Qualifications / Skills / Experience

As it relates to the above, the successful candidate will exhibit the following key attributes and competencies:

Competency / Expected behaviours

Strategic Focus
• Looks ahead to reasonably anticipate business opportunities and obstacles.
• Creates long-term strategies and plans that reflect a thorough understanding of how the business operates.

Innovation
• Champions breakthrough ideas, fresh perspectives and creative solutions that add value.
• Fosters an environment that supports innovation and breakthrough ideas.

Critical Thinking
• Sees connections in data, events, trends, etc., not obvious to others.
• Quickly analyzes complex problems to find actionable, pragmatic solutions.

Courageous Leadership
• Proactively shares information, best practices and ideas with others, and articulates a compelling vision, purpose and direction that inspires others to follow.
• Builds a sense of urgency in the team to get results and takes the initiative to find ways to get better results.
• Confronts and works to resolve tough issues under tight timelines.

Execution
• Translates strategies into plans that can be effectively executed and establishes clear responsibility for action against priorities.
• Demonstrates perseverance, resilience in the pursuit of goals and a passion for winning in the marketplace.
• Balances competing priorities without losing momentum behind execution.

People Development
• Encourages and coaches people to build their skills and improve their performance.
• Values and leverages people with different perspectives and experiences.
• Creates a work environment that makes work rewarding and enjoyable and recognizes and celebrates the significant achievements of others.

Communication
• Clearly communicates ideas, plans and priorities to others and persuasively communicates to win support.
• Encourages the honest expression and debate of different views and ideas.
• Understands and uses informal networks to get things done.
• Superior business acumen and business writing skills.

Operational Excellence
• Makes people proud to be part of the company because of his/her personal standards.
• Demonstrates a passion for mastering the details of the business and the marketplace.
• Leverages understanding of key business drivers to get results and demonstrates functional/technical mastery of the current job.

Additional Information

Specific Qualifications

The preferred candidate will possess:

  • Proven track record executing, administering, and designing competitive total rewards programs;


  • Significant experience in a numerical/analytical capacity with the ability to review and analyze data and present findings to senior business leaders;


  • Superior consulting, problem solving, and analytical skills;


  • Advanced working knowledge of Excel, Word, and PowerPoint;


  • Proven management and leadership skills and must be able to persuade and influence colleagues from other areas in order to obtain cooperation in achieving objectives;


  • Proven project management skills, with an ability to provide oversight and coordination of multiple projects/changing priorities concurrently under tight timelines and with multiple stakeholders;


  • Highly organized, self-motivated, and able to work independently as well as manage a team;


  • Ability to manage changing priorities and ability to work under tight deadlines;


  • Enjoy working on complex issues and generating creative and business-oriented solutions, and working in a professional environment as part of an integrated team;


  • Prior M&A experience is considered an asset.


About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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