Compensation Specialist

Venture outside the ordinary – TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. 

United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful teamwork, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product resourcefulness to consumers, and career exploration to our team.

TMX Group’s Human Resources department is a high-performing team responsible for providing TMX Group and its subsidiaries with the full suite of Human Resources services they need to support and develop their people strategies that are aligned with plans to grow and evolve the business. This role will be part of the Talent and Total Rewards team.

Role Summary: 

Reporting to the Senior Manager Compensation, the Compensation Specialist provides solid analytical and reporting support related to the design, costing, audit and administration of our total rewards programs, and is a functional lead for our compensation administration and tools.

Key Accountabilities:

Compensation Specialist: (30%)

• Work with leaders across the business to support the development and design of broad-based compensation programs, pay structures, compensation frameworks and philosophy

• Provide ongoing education and support to HR Business Partners and Talent Advisors with respect to compensation plans, policies and processes 

• Conduct job evaluations in accordance with our job evaluation tool to ensure continued internal alignment, pay equity compliance and improve education/communication and trust with business areas

• Conduct annual market analyses and provide education to the business on how to interpret and incorporate market data into compensation decision making

• Provides compensation advice and consultation to internal clients across all TMX business areas

 

Program Operations: (40%)

• Coordinates participation in annual compensation market surveys, compiling data and developing analyses to assess and monitor potential competitive issues.  Prepares preliminary observations and recommendations for review with stakeholders

• Manages the annual year-end compensation process including coordination of recommendations and reporting requirements. Supports and maintains automated tools to continually improve and streamline the process, with a focus on delivering a best-in-class client experience

• Maintain TMX’s job evaluation process and provide recommendations for refinements, as needed

• Provides analytical support, as required on sales compensation programs

• Works with key stakeholders in finance with respect to salary planning, bonus accruals and payouts and other forecasting activities

• Supports the development of materials for TMX’s Human Resources Committee and Board of Directors, as required

• Participates as required in special projects as they relate to HR systems and total rewards

 

Reporting & Analysis: (30%)

• Conducts ad hoc reporting for the business with respect to compensation design and facilitates spend reporting to the business 

• Produces and leverages key analytics to identify emerging trends and areas of opportunity with respect to compensation program design 

• Serves as key functional lead for the delivery of compensation programs through our HRIS, Workday, including data audits, process configuration and system maintenance. Participates in the ongoing development of Workday functionality and tools and process, with a focus on delivering a seamless employee experience. 

 

Skills and Experience:

• Minimum of 2 to 3 years analytical experience in a compensation or finance function.

• Undergraduate degree, preferably in commerce, finance or related field.

• Expert MS Office skills, particularly in Excel and PowerPoint with advanced function proficiency including pivots, v-look ups and macro development / or Google equivalent.

• Excellent quantitative and data analysis skills with ability to manage multiple tasks and meet tight timelines without compromising the integrity of information

• Workday/HRIS system experience would be an asset 

• Solid understanding of compensation principles, programs and processes; experience with sales plans and equity programs/vendors

• Numerate mindset with strong analytical and critical thinking ability in particular as it relates to data, with a very high level of attention to accuracy and details

• Ability to work collaboratively within a team with excellent interpersonal skills; interacting with clients, peers, and other groups within TMX with a high level of professionalism.

• Strong integrity with ability to maintain confidentiality and manage highly sensitive information. 

• Strong written and verbal communication skills

• Exceptional commitment to customer service with strong sense of urgency 

• Highly motivated, self-starter, requiring little direction

In the market for…

Excitement – Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection – With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact – More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy. Wellness – From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth – From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.