Director, Compensation

💰 ₹28,800 - ₹46,080 (Est.) 📍 Toronto 🕐 3 days ago

Job Description

Location: Toronto or Winnipeg


IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under managements. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.


Under IGM Financial's unique business model based on leading brands and multi-channel distribution strategy, we’re IG Wealth Management. For over +0 years of business, we have grown to become one of the largest most respected companies in Canada. We are a leader in providing the best advice, experience and outcomes for our clients, personalized throughout their lifetime.


At IG Wealth Management, our vision is to inspire financial confidence.


This is your opportunity to build a career with a leading organization where you can learn, grow and thrive both professionally and personally. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and center.


You will join a team that believes our success starts with the success of our clients, while working together as a team to realize our greatest potential. You will join a team that strives towards excellence while developing and sharing skills and knowledge. You can make a difference for our clients, the world around us and be part of a team that cares. We are dedicated to offering a hybrid work environment when applicable.


IG Wealth Management is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.


The Role

We are currently looking for a Director, Compensation to join our IGM Human Resources department reporting to the VP, Compensation. This role can be located in Toronto, Winnipeg or Montreal.

Within the Human Resources Department of IGM, the Compensation team supports the company and its business units to attract, engage, and retain top talent by ensuring competitive compensation packages are offered and excellence in performance is rewarded. The team has overall responsibility for the design, implementation, and administration of all corporate and specialized incentive compensation programs at Mackenzie Investments.

As a valued member of the Compensation team your core responsibilities will include:

Overall Compensation Consultation for the Asset Management Business:

Provide expert advice to HR Business Partners on compensation decisions and impacts related to the Asset Management business

Work with the compensation team on corporate compensation matters e.g. salary structure, year end annual compensation cycle

Special Compensation Program Management:

Lead the development and design of IGM’s sales compensation programs supporting the Asset Management businesses. You will:

Work closely with senior leaders and key stakeholders in understanding the strategic priorities and financial impacts of the compensation plans

Provide innovative and effective compensation solutions that drive the right behaviours of the sales and investment management team and achieve success in key business metrics

Provide SME advice and counsel in managing the compensation plans on an ongoing basis


Responsible for the implementation and administration of the sales compensation plans including:

Lead a team of compensation professionals that manage the execution of the specialized incentive plans

Working with key business stakeholders including senior leaders, investment management team and the sales team in the management of the compensation plans including regular communication, reporting, and analysis

Manage the partnership with key stakeholders in the calculation process including members of the Compensation, Finance and Sales Analytics teams to ensure the commissions are managed within a timely, accurate and efficient process

Manage the partnership with technology in the continued development and improvement of the Specialized Incentive Plan Tool which is the system that calculates, reports and forecasts incentives for the Investment Management business line.

The following qualifications are required of the successful candidate:

7-10 years of progressive/relevant business experience in employee compensation

University degree in business administration or related disciplines and Compensation Professional Discipline is preferred

Strong analytical and numeric skills with the ability to interpret and communicate the data effectively

Demonstrated experience with compensation principles and concepts, including knowledge of job evaluation, pay structure, variable pay experience, pay equity legislation, annual merit budgeting, and the use of competitive pay analysis

Proactive leader with proven decision-making skills and the ability to manage expectations effectively to successfully achieve multiple, competing priorities

Proven experience working with business leaders and senior professionals

The ability to produce high quality work under time pressure and to work as part of a team

Knowledge of general Human Resources practices & policies, laws and regulations as applicable to compensation


Please visit our career page by clicking on the following link: https://www.ig.ca/en/careers


We thank all applicants for their interest in IG Wealth Management; however only those candidates selected for an interview will be contacted.


IG Wealth Management is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.


Please apply by May 7, 2026.


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💡 Quick Summary

Seeking a career-building opportunity? The Director, Compensation 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.

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Job Details

Company Name: IG Wealth Management

Frequently Asked Questions

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The expected salary for Director, Compensation in Toronto is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Director, Compensation is an on-site position based in Toronto. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Director, Compensation. Previous experience in Human Resource (HR) Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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