Job Description
We’re seeking someone to join our team as a Compensation Specialist to ensure the Firm has competitive and cost-effective compensation policies and practices. This role is responsible for compensation implementation (e.g., salary, annual and long-term incentive), program design, and administration for exempt and non-exempt staff, year-end management, market data, and compensation accruals.
In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools they need to succeed. This is a director level position within the HCM’s Rewards & Analytics space is comprised of several teams that identify innovative ways to reward employees and provide key insights and analytics to both business clients and employees.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
What you'll do in the role:
Compensation expense planning/forecasting, coordinating monthly bonus accrual, and preparation of base salary budgets - all with accompanying analytics
Facilitate the year-end salary and bonus processes
Preparation of compensation related modelling and analytics to create senior management exhibits and presenting to management teams to make critical business decisions
Collaboration with various partners, including Finance, Payroll, Executive Compensation, and Business-specific and firmwide Compensation Teams
Market Data Coordination and Vendor Relations
What you'll bring to the role:
Bachelor’s degree or equivalent, preferably in Business
At least 6 years’ relevant experience would generally be expected to find the skills required for this role
Ability to develop analytics from multiple streams of data, interpret & analyze trends, develop meaningful story/recommendation and communicate the information in a logical, concise way
Must have ability to manage projects in addition to daily responsibilities, ensuring accurate delivery of product to senior management and external stakeholders
Strong Microsoft Excel skills
Interest in learning new systems and technologies
At Morgan Stanley Montreal, we support the Firm’s global businesses and infrastructure with cutting edge technology and innovation. The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, data analytics, cloud engineering, cybersecurity and digital technologies. Morgan Stanley has been rooted in the Montreal community since 2008 and is considered a leading employer among the area’s highly skilled technology talent.
All our positions are located in Montreal, Quebec. We offer a hybrid work environment, combining remote work and attendance in the office.
Knowledge of French and English is required.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.
In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools they need to succeed. This is a director level position within the HCM’s Rewards & Analytics space is comprised of several teams that identify innovative ways to reward employees and provide key insights and analytics to both business clients and employees.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
What you'll do in the role:
Compensation expense planning/forecasting, coordinating monthly bonus accrual, and preparation of base salary budgets - all with accompanying analytics
Facilitate the year-end salary and bonus processes
Preparation of compensation related modelling and analytics to create senior management exhibits and presenting to management teams to make critical business decisions
Collaboration with various partners, including Finance, Payroll, Executive Compensation, and Business-specific and firmwide Compensation Teams
Market Data Coordination and Vendor Relations
What you'll bring to the role:
Bachelor’s degree or equivalent, preferably in Business
At least 6 years’ relevant experience would generally be expected to find the skills required for this role
Ability to develop analytics from multiple streams of data, interpret & analyze trends, develop meaningful story/recommendation and communicate the information in a logical, concise way
Must have ability to manage projects in addition to daily responsibilities, ensuring accurate delivery of product to senior management and external stakeholders
Strong Microsoft Excel skills
Interest in learning new systems and technologies
At Morgan Stanley Montreal, we support the Firm’s global businesses and infrastructure with cutting edge technology and innovation. The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, data analytics, cloud engineering, cybersecurity and digital technologies. Morgan Stanley has been rooted in the Montreal community since 2008 and is considered a leading employer among the area’s highly skilled technology talent.
All our positions are located in Montreal, Quebec. We offer a hybrid work environment, combining remote work and attendance in the office.
Knowledge of French and English is required.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.
💡 Quick Summary
Seeking a career-building opportunity? The Compensation Specialist (Hybrid) position is now open for candidates interested in the Bank Jobs sector. This role in Montréal 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 Bank Jobs is a plus.