Senior Consultant, Equity Compensation Delivery

October 28 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Trading, Asset management
Toronto, ON • Full time

Job Summary

Job Description

What is the Opportunity?

As a member of RBC's Compensation Delivery team, the successful candidate plays a key role in the successful delivery and reporting of a broad group of equity/deferred compensation programs. Requirements of this role are balanced between development of technical expertise and exceptional client service.

What will you do?

  • Key back-up to the Senior Manager, Compensation Delivery to ensure the team provides uninterrupted delivery and ongoing project management
  • Manage the full administration of the grant and vest processes for monthly and/or annual awards of equity/deferred compensation programs, providing critical validations to ensure sufficient controls, and support enhanced process documentation
  • Resolve equity related concerns/issues, and serve as a key contact to award participants, including senior executives
  • Ensure accurate and timely quarterly administration of the dividend reinvestment process, including audits on the internal HRIS and third-party recordkeeping systems
  • Provide reports to internal partners, such as Finance, Compliance, Corporate Treasury, Compensation Governance, and others as required
  • Respond to queries for award balances from HR Business Partners, Employee Relations, Law, and other groups as required
  • Share responsibility for SEDI filings of RBC Insiders to reflect changes in equity holdings to meet regulatory requirements
  • Partner with external tax advisors to ensure appropriate treatment of equity/deferred compensation payments for cross-border employees, and provide accurate reporting to Canadian and international payroll teams
  • Strengthen relationship with external provider(s) to better leverage key platform, exploring improved reporting and increased uses for validations
  • Manage year-end activity planning for all equity compensation plans in-scope, identifying and implementing ongoing enhancements
  • Develop new and/or enhance existing education materials to broaden equity knowledge across participants and partners
  • Provide back-up support to the Senior Consultant, Executive Services
  • Manage ad hoc compensation projects and other duties as required

What do you need to succeed?

Must-have:

  • 2 - 4+ years of relevant work experience in Compensation, Human Resources (with an exposure to Finance, an asset)
  • Undergraduate degree in Business or Human Resources
  • Solid understanding of compensation frameworks and the types of compensation programs found within large organizations
  • Excellent communication skills - both written and verbal
  • Solid relationship building skills; client service orientated and flexibility to work in a fast-paced environment dealing with constant change
  • Detail orientated, analytical aptitude
  • High level of technical proficiency with MS Office products and knowledge of and experience with SAP, Shareworks and/or Workday would be preferred

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
  • Ability to make a difference and have lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to take on progressively greater scope of work

Job Skills

Adaptability, Adapt Quickly, Always Learn, Analytical Acumen, Compensation Management, Compensation Plans, Creative Visioning, Critical Thinking, Deferred Compensation, Detail-Oriented, Equity Compensation, Goal Setting, HR Legal, Human Resources Policies, Knowledge Organization, Management Reporting

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-10-28

Application Deadline:

2024-11-09

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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