Job Description
About Our Client:
Our client is a leader in the investment management space.
Position Scope:
Our client is seeking a Compensation Lead to join their Total Rewards team. Reporting to the VP, Head of Total Rewards, this role will collaborate closely with team members and business partners to provide strategic compensation support, ensure competitive and equitable pay practices, and play a key role in core processes such as compensation planning, budgeting, and the year-end compensation review and approval cycle. The exact title for this role will be determined based on years of experience.
Responsibilities:
Manage core compensation programs across the firm, including base salary structures, annual incentive plans, carried interest/long-term incentive programs, and retention vehicles.
Act as a key contributor to the annual compensation cycle, including market benchmarking, salary review, incentive calculations, analytics, and communication materials.
Conduct competitive market analyses using survey data, peer comparisons, and industry benchmarking to ensure compensation programs remain competitive, equitable, and aligned with firm strategy.
Support Compensation Committee deliverables, including preparation of materials, analytics, modeling, and documentation for Board meetings; ensure alignment with public-company governance, disclosure requirements, and best practices.
Partner with Talent/HR Business Partners and business leaders to provide compensation guidance and support organizational design, promotion, and leveling decisions.
Partner with Talent Acquisition and HR Business Partners on new-hire offer development, including market analysis, internal equity review, compensation modeling, and evaluation of forfeited compensation to recommend appropriate buyout or replacement awards.
Contribute to compensation program design by providing insights, research, and recommendations to enhance competitiveness, pay-for-performance alignment, and scalability as the firm grows.
Support executive compensation workstreams, including analysis related to SEC disclosure, peer group assessment, pay-for-performance modeling, and coordination with external advisors.
Ensure data integrity and reporting accuracy across compensation systems; collaborate with Talent/HR and Finance leadership to maintain dashboards, analytics, and reporting.
Participate in Total Rewards projects, such as technology enhancements, policy updates, global compensation frameworks, and integration efforts related to acquisitions or new business initiatives.
Stay current on regulatory, market, and industry trends to inform compensation strategy and maintain compliance with public-company requirements and global labor standards.
Required Skills and Knowledge:
Advanced proficiency in Excel (e.g., lookups, pivot tables, SUMIFS, nested IFs) with the ability to analyze large data sets and present results clearly.
Exceptional organizational skills, attention to detail, and follow-through.
Strong analytical, quantitative, and problem-solving abilities.
Ability to manage projects independently and collaboratively.
Excellent written and verbal communication skills, with the capacity to convey complex compensation concepts to stakeholders.
Strong interpersonal skills and the ability to build relationships and influence at all organizational levels.
Ability to perform well under pressure in a fast-paced environment.
Demonstrated ability to handle sensitive data with confidentiality and discretion.
Education and Experience:
Bachelor’s degree or equivalent required.
Minimum 5 years of relevant experience in compensation or a related field.
Prior experience in (Alternative) Asset Management or Financial Services preferred.
Summit Search Group is a fair and equitable search firm. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.
Job Type: Full-time
Pay: $110,000.00-$140,000.00 per year
Work Location: In person
Our client is a leader in the investment management space.
Position Scope:
Our client is seeking a Compensation Lead to join their Total Rewards team. Reporting to the VP, Head of Total Rewards, this role will collaborate closely with team members and business partners to provide strategic compensation support, ensure competitive and equitable pay practices, and play a key role in core processes such as compensation planning, budgeting, and the year-end compensation review and approval cycle. The exact title for this role will be determined based on years of experience.
Responsibilities:
Manage core compensation programs across the firm, including base salary structures, annual incentive plans, carried interest/long-term incentive programs, and retention vehicles.
Act as a key contributor to the annual compensation cycle, including market benchmarking, salary review, incentive calculations, analytics, and communication materials.
Conduct competitive market analyses using survey data, peer comparisons, and industry benchmarking to ensure compensation programs remain competitive, equitable, and aligned with firm strategy.
Support Compensation Committee deliverables, including preparation of materials, analytics, modeling, and documentation for Board meetings; ensure alignment with public-company governance, disclosure requirements, and best practices.
Partner with Talent/HR Business Partners and business leaders to provide compensation guidance and support organizational design, promotion, and leveling decisions.
Partner with Talent Acquisition and HR Business Partners on new-hire offer development, including market analysis, internal equity review, compensation modeling, and evaluation of forfeited compensation to recommend appropriate buyout or replacement awards.
Contribute to compensation program design by providing insights, research, and recommendations to enhance competitiveness, pay-for-performance alignment, and scalability as the firm grows.
Support executive compensation workstreams, including analysis related to SEC disclosure, peer group assessment, pay-for-performance modeling, and coordination with external advisors.
Ensure data integrity and reporting accuracy across compensation systems; collaborate with Talent/HR and Finance leadership to maintain dashboards, analytics, and reporting.
Participate in Total Rewards projects, such as technology enhancements, policy updates, global compensation frameworks, and integration efforts related to acquisitions or new business initiatives.
Stay current on regulatory, market, and industry trends to inform compensation strategy and maintain compliance with public-company requirements and global labor standards.
Required Skills and Knowledge:
Advanced proficiency in Excel (e.g., lookups, pivot tables, SUMIFS, nested IFs) with the ability to analyze large data sets and present results clearly.
Exceptional organizational skills, attention to detail, and follow-through.
Strong analytical, quantitative, and problem-solving abilities.
Ability to manage projects independently and collaboratively.
Excellent written and verbal communication skills, with the capacity to convey complex compensation concepts to stakeholders.
Strong interpersonal skills and the ability to build relationships and influence at all organizational levels.
Ability to perform well under pressure in a fast-paced environment.
Demonstrated ability to handle sensitive data with confidentiality and discretion.
Education and Experience:
Bachelor’s degree or equivalent required.
Minimum 5 years of relevant experience in compensation or a related field.
Prior experience in (Alternative) Asset Management or Financial Services preferred.
Summit Search Group is a fair and equitable search firm. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.
Job Type: Full-time
Pay: $110,000.00-$140,000.00 per year
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Compensation Lead position is now open for candidates interested in the Human Resource (HR) Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Human Resource (HR) Jobs is a plus.