Director, Compensation Solutions

About the Role The Director, Compensation Solutions at Scotiabank leads and oversees a team responsible for the execution and delivery of compensation solutions to employees and managers. The role drives partnerships with key stakeholders across compensation solutions, job evaluation delivery, executive services and global mobility, while ensuring compliance with governing regulations, internal policies and procedures. What You'll Do

• Lead and drive a customer-focused culture within the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Lead the Compensation Solutions team, providing strategic compensation advisory support and administration across base salary, annual incentive, and equity planning.
• Guide compensation advisory support for managers and employees through AskHR and partner with Total Rewards on guidelines and escalation points.
• Direct end-to-end compensation planning activities (business requirements, system testing, year-end cycles) including Executive AIP, Non-Executive AIP, BIP, CBIP, and GBM globally.
• Oversee Executive Services and Global Mobility.
• Lead the management and administration of the Bank’s equity programs, executive perquisite, Global Mobility and other activities (T4 preparation, Related Parties disclosure signoff, note disclosures for Financial Statements, etc.).
• Enhance Compensation Solutions' offering through continuous improvement, identification and resolution of opportunities, automation and streamlining of activities and processes.
• Work with TR and HR teams globally to streamline and automate related compensation cycles (e.g., Colombia January salary reviews, inflationary adjustments, Peru legal gratification and inflation cycles, Chile salary reviews, global mid-year salary review cycle; identify, develop and implement compensation-related EC business rules).
• Responsible for assessment and implementation of a specialized incentive plan tool to facilitate calculation of specialized incentive awards, straight-through processing of payments to EC and payroll, provide employee statements outlining annual compensation, and implement a workflow approval process for each business line's sales effectiveness.