RBC Jobs – Compensation Director

Website RBC

Job Description:

Within the Associate Director, Compensation position you will be supporting RBC’s Capital Markets and Technology, Operations and Functional (TOF) business’s in the UK, and as a member of the Compensation Centre of Expertise, you will contribute to RBC’s ability to attract, retain and motivate employees. You will proactively identify and lead key regional projects, make recommendations and provide solutions on compensation policies and practices which align with RBC principles and local business needs. As a key partner to business leaders you will provide business partners and management with expert advice on all aspects of compensation programs, policies, initiatives and solutions. You will also provide supervisory support by providing guidance on routine matters and ensuring best practice to mitigate any risk.

Job Responsibilities:

  • Manage all local market survey participation to ensure quality and timely pricing of jobs, leverage own network for market insights and investigate new sources of market intelligence
  • Oversee bonus planning data and quarterly accruals accurately and manage year end compensation cycle (September to December) including system preparation, data management, and liaising with HR colleagues
  • Proactively seek market intelligence from a variety of alternative sources, including media commentary, networking, and monitoring of recruitment and resignations
  • Using a consultative and analytical approach and in-depth fact-based analysis, develop and present recommendations to senior leaders and business executives using effective impact, influence and consulting skills
  • Provide supervisory support and guidance for all ad-hoc job pricing requests to enhance pay decisions and to support the Recruitment team
  • Identify and analyze the key compensation levers that influence employee engagement and business results
  • Lead and contribute to the development of strategic initiatives and frameworks that support business goals and objectives

Job Requirements:

  • Strong analytical skills and numeracy; excellent attention to detail is critical
  • Advanced Excel
  • Quantitative / Analytical undergraduate degree
  • High comfort level with information technology: Excel at least to intermediate level; explores technology solutions to maximize efficiency
  • Good written communication skills to draft presentations and reports
  • Familiarity with EBA and PRA/FCA Remuneration Rules including Code Staff identification and pay
  • Good verbal communication skills to discuss sensitive issues around pay and job levels. This includes being able to challenge pay demands and encourage a broader perspective.
  • Excellent time management skills, ability to manage competing priorities and effectively manage relevant stakeholders

Qualification & Experience:

  • Experience with McLagan salary surveys

Job Details:

Company: RBC

Vacancy Type: Full Time

Job Location: Manchester, GB

Application Deadline: N/A

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To apply for this job email your details to bfdirb6788@gmail.com