Managing Director, Incentive & Wealth Plans - SLC Management

Sun LifeToronto, Ontario

30+ days ago

Salary

CAD185900–CAD278000 yearly

Job type

Full-time

Job description

Job Description

Managing Director, Incentive and Wealth Plans - SLC Management What is in it for you : This position will provide expertise, innovative thinking, and strategic leadership for design, management and implementation of short-term, long-term incentive plans, carried interest and co-investment plans, ensuring alignment with company's strategic objectives, and talent strategies.In this key leadership role, you will play a pivotal role in shaping our company's compensation philosophy and programs to drive employee engagement, performance, and retention. in the overall management of incentive programs.You will partner closely with senior leadership, HR, cross functional teams (Finance, Legal, Risk, Compliance, Treasury etc.) and external vendors to develop, implement and administer innovative, business-oriented solutions with measurable outcomes that optimize our financial investment. Deliver a modern, compelling, and integrated incentive plans that drive performance and reward long-term value creation. What you will do :

Lead and set the overall strategic direction for incentive and wealth plans that are market competitive while supporting overall business objectives, working collaboratively with senior business leaders and cross-function teams on this strategy, providing advice and recommendations on competitive compensation.
Builds strong relationships with HR Business Partners, Business Leaders and Cross Functional teams. Provides consultation and partnership to understand their strategic priorities and business objectives; leverage this insight to develop and transform compensation programs to support our overall business objectives.
Develop compensation financial and data models and tools to provide a platform for decision making on a variety of business issues including headcount growth and staffing.
Lead the design and implementation of performance metrics, goals, and measurement methodologies for incentive plans.
Oversee the governance of incentive and wealth plans, stay abreast of relevant regulations and ensure that incentive compensation plans and carried interest distributions comply with legal requirements, including tax regulations and securities laws.
Works collaboratively with HR and Communications teams to develop and implement effective communication and change management plans to enhance the employee experience and perceived value of our programs. May include conducting market research, internal analysis, establishing design principles, building design alternatives, outlining implications through modeling, determining employee and cost impacts, and creating communication and transition plans.
Monitors external developments and trends impacting employee reward programs and proactively identifies strategies and tactics to respond.
Key member of M&A teams for HR due diligence evaluation and implementation.

What you will need to succeed :

Bachelor’s Degree or equivalent work experience

10+ years of experience in managing incentive, carried interest and co-investments programs for a mid-size to large organization with 5+ years managing a direct staff.

Overall, this role requires a combination of financial acumen, regulatory knowledge, strategic thinking, and strong communication skills to effectively design and manage incentive structures and carried interest administration within a financial organization.

Strong understanding of executive compensation principles, long-term incentive plan design, regulatory requirements related to equity-based compensation (e.g., IRC Section 409A, SEC regulations etc.), accounting standards, and tax implications related to incentive and wealth plan arrangements.

Proven track record of designing and implementing effective incentive compensation plans that drive performance and align with business objectives.

Strong financial analysis skills, with the ability to conduct complex financial modeling and sensitivity analysis.

Deep understanding of private equity, hedge fund, and other alternative investment fund structures, including carried interest economics.

Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.

Action-oriented, focused on execution, improving our employees’ experience through continuous improvement, and operational excellence.

Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function, outside vendors, and brokers / consultants.

Highly organized and able to manage multiple priorities and deadlines effectively.

For roles based in NY the salary range for this position is $185.9k - $278K.We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

Why SLC Management?

Opportunity to work for a growing global institutional asset manager

Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more

Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account

A flexible hybrid work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam

The opportunity to move along a variety of career paths with amazing networking potential

Award winning workplace culture - two years running

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Job Category :

Human ResourcesWe consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. We welcome applications from qualified individuals from all backgrounds. Research shows that women and underrepresented groups tend to apply only if they meet 100% of the criteria. We encourage women, people of color and those in LGBTQ+ communities to apply even if they don’t meet every criteria in the job description.We will make reasonable accommodations to known physical or mental limitations. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to .We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.