Work Location:
London, United Kingdom
Hours:
35
Line of Business:
Human Resources
Pay Details:
We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.
Job Description:
Senior Manager Compensation - Europe and Asia Pacific (L11)
The Senior Manager Compensation provides expert advice and tailored solutions for TD businesses in Europe & Asia Pacific (EAP) on their respective strategy and business requirements. The role will act as the lead and expert on regional compensation governance oversight and strategic compensation advisory consultation and delivery. The role will interface with senior management, Human Resources teams and remuneration committees.
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Job Description
Acts as regional lead and expert on European & Asia Pacific compensation governance and advisory activities, including the development, design and delivery of effective compensation plans, policies, programs, and advice in support of HR strategies and in compliance with regulatory requirements.
- Leads and executes end-to-end Compensation Advisory activities for all businesses in EAP in achieving
- Strategic Alignment: provides strategic direction and manages complex individual compensation recommendations as well as project / plan-based review to align with business strategy.
- Market Competitiveness: leads regional benchmarking, proactively identifies market trends and drives market intel required in ensuring compensation practices and levels are market competitive for talent attraction and retention.
- Execution Excellence: drives the execution excellence in day-to-day compensation delivery and year end cycles. Expert in understanding the broader Bank and regional processes and nuances with integration complexities to deliver the outcomes effectively.
- Thought Leadership: provides regional leadership in guiding staff; brings in best practices and creates strategic value through on-going compensation solution delivery; advances existing compensation practices and processes to elevate the impact of TD compensation programs.
- Provides oversight and is accountable for Compensation Governance activities, including:
- Regulatory submissions as required within EAP, including, but not limited to the establishment of practices and processes to support the PRA's Level 1 remuneration firm requirements, assembly of reports, and tracking of deliverables (i.e. Level 1 firm requirements, High Earners reporting, Material Risk Taker reporting, Pillar 3 disclosures, Gender Pay Gap reporting).
- Regional remuneration committee material preparation and reporting for EAP including agenda planning, material preparation, management of timelines and input from multiple partners.
- Remuneration policies, plans and procedures align with EAP regulatory requirements and expectations including ensuring plans, policies and procedures are updated to comply with changes to regulatory requirements and/or expectations.
- EAP Material Risk Taker (MRT) and Key Personnel identification and end to end process accountability, including identification, list maintenance, updates, communication, compensation changes and recommendations, reporting and regulatory submission.
- Maintains awareness of changing legal/regulatory requirements and competitive practices within the industry and consults with policy/process owners within HR and Enterprise Total Rewards to ensure compliance.
- Lead the communications strategy and content for EAP compensation-related topics, liaising with Global Compensation teams as appropriate.
- Identifies opportunities to improve processes, policies and supporting materials to increase their effectiveness for employees, people managers and HR partners while meeting compliance and business objectives.
- Maintains a thorough understanding of the bank's strategic direction, ensuring alignment of business specific compensation programs with established enterprise total value principles and objectives.
- Executes on diverse and complex policies, implements and develops activities and tools for businesses that support the people strategy and management activities.
Job Requirements
- 12+ years of progressive compensation experience; experience in Capital Markets
- In depth knowledge of European and UK remuneration regulations and experience with Tier 1 Remuneration requirements and delivery
- Proven track record executing, administering, and designing competitive compensation programs
- Proven management and leadership with strong stakeholdering skills to persuade and influence
- Proven project management skills with an ability to provide oversight and coordination of multiple projects/changing priorities under tight timelines and with multiple stakeholders
- Superior consulting and problem-solving skills with excellent judgment
- Superb attention to detail and analytical skills with excellent written and verbal communication
- Highly organized, self-motivated, and able to work independently as well as manage a team
- Ability to navigate through ambiguity and complexity effectively in a fast pace, complex and highly matrixed organization
Who We Are
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.
Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.
Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.