Talent.com
Director Compensation
Director CompensationMackenzie Investments • Toronto, ON, CA
Director Compensation

Director Compensation

Mackenzie Investments • Toronto, ON, CA
28 days ago
Job type
  • Full-time
Job description

Grade : L9 Referral Level : Level 2 Division : IGM Human Resources

IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $271 billion in assets. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments.

Mackenzie Investments, founded in 1967, is a key part of IGM's business model, serving as a comprehensive asset‑management partner for Canadian financial advisors and their clients.

At Mackenzie Investments You Can Build Your Career with Confidence. We are proud to be recognized as one of Canada’s Top 100 Employers for the fourth consecutive years and one of Canada’s Best Diversity Employers. Our vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals.

The Role

We are currently looking for a Director, Compensation to join our IGM Human Resources department located in Toronto.

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
  • Demonstrated experience with designing and implementing sales compensation programs
  • 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
  • Benefits

  • COMPETITIVE COMPENSATION & RECOGNITION : competitive base salary, performance‑weighted bonus, education / career support, option to join Employee Share Purchase Plan with employer matching component.
  • EMPLOYEE BENEFITS : competitive health and dental coverage; employer sponsored coverage for you and your family.
  • RETIREMENT SAVINGS PROGRAMS : voluntary Group RRSP enrolment with employer matching component.
  • INSURANCE : employer sponsored short‑term and long‑term disability.
  • WORK LIFE BALANCE : paid volunteer days, competitive time off including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements.
  • INCLUSIVE CULTURE AND DIVERSITY : living our core values : Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG communities are volunteer employee‑led groups formed around a common interest, identity, or background).
  • IGM 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.

    Mackenzie Investments is an accessible employer committed to providing barrier‑free recruitment experience. If you require 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.

    How to Apply

    Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to https : / / www.mackenzieinvestments.com / en / careers .

    We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.

    #J-18808-Ljbffr

    Create a job alert for this search

    Director Compensation • Toronto, ON, CA

    Related jobs
    Senior Compensation Partner

    Senior Compensation Partner

    PagerDuty • Toronto, ON, CA
    Full-time
    NYSE : PD) is a global leader in digital operations management.Trusted by nearly half of both the Fortune 500 and the Forbes AI 50, as well as approximately two-thirds of the Fortune 100, PagerDuty i...Show more
    Last updated: 6 days ago • Promoted
    Strategic Enterprise Compliance Director

    Strategic Enterprise Compliance Director

    HOOPP (Healthcare of Ontario Pension Plan) • Toronto, ON, CA
    Full-time
    A leading pension management organization is seeking a Senior Director, Enterprise Compliance to lead the development and maintenance of compliance frameworks and ensure adherence to regulatory sta...Show more
    Last updated: 7 hours ago • Promoted • New!
    Director, Investor Relations and M&A

    Director, Investor Relations and M&A

    Vaco by Highspring • Newmarket, Ontario, CA
    Permanent +1
    We are seeking an experienced Director, Investor Relations & M&A to join our client on a 12–18-month contract.The successful candidate will play a key role in the execution of capital raises and M&...Show more
    Last updated: 26 days ago • Promoted
    Director, Presales Solutions

    Director, Presales Solutions

    Varicent • Toronto
    Full-time
    At Varicent, We’re Not Just Transforming The Sales Performance Management (SPM) Market—we’re Redefining How Organizations Achieve Revenue Success. Our Cutting-edge SaaS Solutions Empower Revenue Lea...Show more
    Last updated: 1 day ago • Promoted
    Director, Commercial Lines - Liability

    Director, Commercial Lines - Liability

    Wawanesa • Toronto, ON, Canada
    Permanent
    English (This role is considered a head‑office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is En...Show more
    Last updated: 3 days ago • Promoted
    Director of Product Management

    Director of Product Management

    placingITpeople • Greater Toronto Area, Canada
    Full-time
    Hybrid – Toronto, Ontario - Full-time.Our client operates a national technology infrastructure platform that supports organizations looking for secure, in-country hosting, cloud solutions, and mana...Show more
    Last updated: 16 hours ago • Promoted • New!
    Director, Compliance Advisory Consumer Protection

    Director, Compliance Advisory Consumer Protection

    HomEquity Bank • Toronto C6A, ON, Canada
    Full-time
    WHO WE ARE • •HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving hom...Show more
    Last updated: 19 days ago • Promoted
    Senior Director, Asset Management Compensation — Data-Driven Leader

    Senior Director, Asset Management Compensation — Data-Driven Leader

    Sun Life Financial • Toronto, ON, CA
    Full-time
    A leading financial services company is seeking a Senior Director for Asset Management Compensation.This role requires expertise in financial modeling and data analytics to oversee enterprise-wide ...Show more
    Last updated: 6 days ago • Promoted
    Senior Director, Asset Management Compensation - Hybrid

    Senior Director, Asset Management Compensation - Hybrid

    SLC Management • Toronto, ON, CA
    Full-time
    A global asset management firm in Toronto is seeking a Senior Director for Asset Management Compensation.The role involves managing compensation strategies and special projects, requiring expertise...Show more
    Last updated: 6 days ago • Promoted
    Director Quality & Pharmacovigilance

    Director Quality & Pharmacovigilance

    E.A. Associates • Greater Toronto Area, Canada
    Full-time
    Exciting Leadership Opportunity in Quality & Patient Safety!.Are you ready to lead with purpose and shape the future of quality and pharmacovigilance in a growing, mission-driven organization? We’r...Show more
    Last updated: 9 days ago • Promoted
    Director, Presales Solutions

    Director, Presales Solutions

    Varicent Corporation • Toronto C6A, ON, Canada
    Full-time
    At Varicent, we’re not just transforming the Sales Performance Management (SPM) market—we’re redefining how organizations achieve revenue success. Our cutting‑edge SaaS solutions empower revenue lea...Show more
    Last updated: 18 days ago • Promoted
    Value Creation Director

    Value Creation Director

    Cranmore Executive Search | Cranmore Life Science • Greater Toronto Area, Canada
    Full-time
    Our client, a private-equity–backed leader in technology solutions for the life sciences and academic research sectors, is expanding its commercial organization with the introduction of a new Value...Show more
    Last updated: 3 days ago • Promoted
    Managing Director | Medimap

    Managing Director | Medimap

    Native Touch Inc. • Toronto C6A, ON, Canada
    Remote
    Full-time +1
    Reporting directly to the CEO, you’ll define and execute Medimap’s strategic roadmap, overseeing both business growth and product innovation. This role blends high-level vision with hands-on leaders...Show more
    Last updated: 28 days ago • Promoted
    Director, Compliance & Product Safety

    Director, Compliance & Product Safety

    SEPHORA • Toronto, ON, CA
    Full-time
    Director, Compliance & Product Safety.Join to apply for the Director, Compliance & Product Safety role at SEPHORA.Bloor Street East, 11th Floor, Toronto, ON. At Sephora Canada, beauty is about feeli...Show more
    Last updated: 8 days ago • Promoted
    Director, Product Management

    Director, Product Management

    Apex Systems • Greater Toronto Area, Canada
    Full-time +1
    Greater Toronto Area (Hybrid – 3 days per week onsite).Enterprise / Digital Transformation.Apex Systems is supporting a major enterprise undergoing a large-scale digital and product transformation....Show more
    Last updated: 11 days ago • Promoted
    Executive Compensation Senior Consultant - Associate Director - fixed term

    Executive Compensation Senior Consultant - Associate Director - fixed term

    EY • Toronto C6A, ON, Canada
    Full-time +1
    Executive Compensation Senior Consultant - Associate Director - fixed term.Executive Compensation Senior Consultant - Associate Director - fixed term. At EY, we’re all in to shape your future with c...Show more
    Last updated: 30+ days ago • Promoted
    Director, Commercial Lines - Liability

    Director, Commercial Lines - Liability

    Wawanesa Insurance • Toronto C6A, ON, Canada
    Remote
    Full-time +2
    This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English.The...Show more
    Last updated: 4 days ago • Promoted
    Director, Sr. Compensation Lead

    Director, Sr. Compensation Lead

    S&P Global • Toronto, Canada
    Full-time
    About the Role : Grade Level (for internal use) : .The Team : You will be part of the Global Total Rewards Center of Excellence (COE). The team of compensation professionals focuses on providing essenti...Show more
    Last updated: 1 day ago • Promoted