Title:  Director, Executive Compensation Policy & Design

Requisition ID: 249456

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

This role leads and oversees Executive Compensation Policy and Design globally, ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will:

• Lead and drive a Client-focused culture within their team to deepen Client relationships and leverage broader Bank relationships, systems and knowledge
• Lead the development of executive compensation strategies and programs and Bank-wide plans, including the Annual Incentive Plan (AIP) and deferred compensation plans. Prepares materials for the Human Resources and Compensation Committee (HCOB) / Board of Directors
• Oversee year-end executive compensation planning, including overall management of the process and development of year-end communications. Leads the preparation of executive AIP and global equity forecasts
• Manage relationships with HR Business Partners and provides ongoing analysis and guidance in all areas of executive compensation. Acts as an advisor in the preparation of executive compensation packages and negotiations (VP+)
• Oversee research on market executive compensation levels, practices and trends to inform recommendations on base pay and incentives, and compensation program design
• Lead the development of the annual Management Proxy Circular (Compensation Discussion & Analysis report), including overseeing the writing and review process, approving tabular data, collaborating with Internal Audit, Corporate Secretary’s and other internal Scotiabank departments. May participate in the preparation of material in support of shareholder outreach initiatives and for the Bank’s Annual General Meeting
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Create an environment in which their team pursues effective and efficient operations of respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, Anti-Money-Laundering/Anti-Terrorist Financing risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
• Maintain a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/ values/ business strategy and managing succession and development planning for the team
  
  

Do you have the skills that will enable you to succeed? We’d love to work with you if you have:

• Minimum 10 years’ experience in executive compensation policy, design, governance, and/ or related legal, securities and tax considerations
• Advanced Excel skills (VBA not required)
• Financial institution experience is an asset
• Recognized HR or compensation designations are an asset (e.g., GRP, CCP, CHRP, CHRL)
• Regular interactions with HR business partners, executives, Legal, HR services, other HR Centres of Expertise

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.