Senior Manager, Compensation Mergers & Acquisitions (M&A) and Special Initiatives 

Work Location:

Hours:

Line of Business:

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

The Total Rewards team provides leadership and guidance in the development and delivery of effective compensation, retirement and benefit strategies, policies, and programs that support TD Bank business and talent objectives. The Compensation Advisory team supports all aspects of compensation, including compensation planning, governance, reporting, mergers and acquisitions, program design, incentive design, equity and other forms of long and short-term compensation, research, global mobility, and in-house consulting to our Human Resource Business Partners and business leaders. The Compensation Advisory team provides tailored compensation solutions, advice and consultation on all aspects of total rewards.

Job Description

This role will report to the Vice President, Compensation Advisory. The successful candidate will interface with senior business executives, Corporate Development, Transactions Legal, HR Leadership, Human Resources Business Partners, and HR COEs by providing strategic direction on M&A transactions both representing general HR guidance and by providing detailed compensation recommendations at the individual level or aggregate level as applicable. The successful candidate will be a trusted advisor who will:

• Lead the M&A due diligence activity by actively representing HR on Corporate Development deal calls;

• Own the HR diligence workstream and be the primary liaison with Corporate Development and Transactions Legal;

• Ensure seamless transition of the transactions to HR partners or Integration Lead, including support during the period between signing and deal closing period;

• Complete required business case documentation and relevant financial modelling for due diligence reports including SET/Board approval of HR items;

• Maintain the M&A framework for HR, and evolve as needed to meet shifting priorities and structures, ensuring key accountabilities are known and communicated to partners;

• Build and maintain tools that drive consistency, accuracy and speed;

• Build team capability and expertise both within direct team and when liaising with other partners across HR;

• Work closely with external consultants during diligence phase as needed;

• Operate with independence, delivering solutions with internal and external partners in response to active deal needs, while balancing with the HR and Total Rewards strategy.

Special Initiatives

• Act as key contact and deep expert within area of expertise for the development, design and delivery of effective HR plans, policies, programs and advice in support of HR strategies.

• Share specialized expert knowledge, provide consultation and solutions to business management and HR teams;

• Maintain awareness of changing legal/regulatory requirements and practices within the industry and consult with policy/process owners within HR to ensure compliance;

• Identify opportunities to improve policies and supporting materials to increase their effectiveness for employees, people managers and HR partners while meeting compliance and business objectives;

• Engage, manage and influence internal/external cross-functional partners to develop/deliver integrated solutions;

• Facilitate learning and/or information sessions on HR programs and functions;

• Execute on diverse and complex policies, implement and develop activities and tools for businesses, and support people strategy and management activities.

Job Requirements

Specific Educational Requirements / Accreditations

• Possess a university degree with emphasis in business management, economics, mathematics, finance or post-graduate studies in Human Resources, or equivalent work experience.

Other Qualifications / Skills / Experience

As it relates to the above, the successful candidate will exhibit the following key attributes and competencies:

Competency / Expected behaviours

Strategic Focus

• Looks ahead to reasonably anticipate business opportunities and obstacles.
• Creates long-term strategies and plans that reflect a thorough understanding of how the business operates.

Innovation

• Champions breakthrough ideas, fresh perspectives and creative solutions that add value.
• Fosters an environment that supports innovation and breakthrough ideas.

Critical Thinking

• Sees connections in data, events, trends, etc., not obvious to others.
• Quickly analyzes complex problems to find actionable, pragmatic solutions.

Courageous Leadership

• Proactively shares information, best practices and ideas with others, and articulates a compelling vision, purpose and direction that inspires others to follow.
• Builds a sense of urgency in the team to get results and takes the initiative to find ways to get better results.
• Confronts and works to resolve tough issues under tight timelines.

Execution

• Translates strategies into plans that can be effectively executed and establishes clear responsibility for action against priorities.
• Demonstrates perseverance, resilience in the pursuit of goals and a passion for winning in the marketplace.
• Balances competing priorities without losing momentum behind execution.

People Development

• Encourages and coaches people to build their skills and improve their performance.
• Values and leverages people with different perspectives and experiences.
• Creates a work environment that makes work rewarding and enjoyable and recognizes and celebrates the significant achievements of others.

Communication

• Clearly communicates ideas, plans and priorities to others and persuasively communicates to win support.
• Encourages the honest expression and debate of different views and ideas.
• Understands and uses informal networks to get things done.
• Superior business acumen and business writing skills.

Operational Excellence

• Makes people proud to be part of the company because of his/her personal standards.
• Demonstrates a passion for mastering the details of the business and the marketplace.
• Leverages understanding of key business drivers to get results and demonstrates functional/technical mastery of the current job.

Additional Information

Specific Qualifications

The preferred candidate will possess:

• Proven track record executing, administering, and designing competitive total rewards programs;

• Significant experience in a numerical/analytical capacity with the ability to review and analyze data and present findings to senior business leaders;

• Superior consulting, problem solving, and analytical skills;

• Advanced working knowledge of Excel, Word, and PowerPoint;

• Proven management and leadership skills and must be able to persuade and influence colleagues from other areas in order to obtain cooperation in achieving objectives;

• Proven project management skills, with an ability to provide oversight and coordination of multiple projects/changing priorities concurrently under tight timelines and with multiple stakeholders;

• Highly organized, self-motivated, and able to work independently as well as manage a team;

• Ability to manage changing priorities and ability to work under tight deadlines;

• Enjoy working on complex issues and generating creative and business-oriented solutions, and working in a professional environment as part of an integrated team;

• Prior M&A experience is considered an asset.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):