Vice President, Human Resources, Compensation Policy, Governance and Executive Compensation Design

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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:

TD is one of the world's leading global financial institutions and 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 millions of customers across our global footprint. Human Resources plays a critical role in shaping our culture, strengthening business performance, and advancing TD's purpose.

Reporting to the Senior Vice President, Human Resources, Total Rewards and Governance, the Vice President, Executive Compensation, Policy & Governance is a senior leader accountable for enterprise-wide executive compensation strategy and employee compensation policies and practices.

This role is a vital member of the Total Rewards Leadership Team with responsibilities including:

• designing and delivering an executive compensation program that is aligned with TD's strategy and drives business performance
• overseeing employee compensation policies and programs that provide market competitive pay and achieve pay equity objectives
• overseeing the accurate forecasting and expensing of >$4Billion in incentive compensation annually, including close interaction with HR and finance partners
• ensuring the design of TD's compensation programs are consistent with regulatory requirements and expectations globally
• supporting the Human Resources Committee of the Board and the effective communication of the bank's compensation practices, including development of the compensation section of the proxy circular and any related external stakeholder engagement

As a key partner, this VP Human Resources collaborates closely with senior business leaders, other total rewards leaders, and enterprise HR groups to develop, execute, and communicate executive and employee compensation programs and initiatives that drive business performance and align with all relevant regulatory requirements.

Accountabilities

• Lead enterprise strategy, standards, and governance for Executive Compensation, Compensation Policy, and Compensation Governance.
• Lead the design, execution and governance of enterprise incentive plans - the Executive Compensation Plan and the Employee Incentive Plan.
• Primary support for the Human Resources Committee (HRC), managing all governance materials, processes, and stakeholder relationships, including interaction with the independent advisor.
• Lead design and delivery of all deferred compensation plans for the Bank.
• Oversee development and delivery of compensation disclosure, including CD&A and regulatory filings.
• Manage engagement with shareholders, proxy advisors, and investors.
• Own enterprise compensation policies, including salary ranges and guidelines.
• Lead TD's global pay equity mandate and ensure compliance.
• Partner with Finance and HR on forecasting, accruals, and governance.
• Monitor global regulatory changes and implement required adjustments.
• Oversee compensation-related audits and regulatory reviews globally.
• Contribute to the Total Rewards vision, strategy and long-term planning activities, and translate short- and medium-term business and functional strategies into operating plans
• Establish and uphold controls to identify & mitigate risks.
• Develop and lead a high-performing team of compensation experts.

Key Qualifications & Capabilities

• University degree in Human Resources, Industrial Relations, or Business Administration
• 10-15+ years of experience in Human Resources, Compensation, and Total Rewards with a deep understanding of multiple disciplines
• Outstanding communication skills, including experience with senior executives and Board-level audiences.
• Proven leadership in large change programs and processes in partnership with the business, demonstrating the ability to innovate, simplify, and act as a catalyst for change
• Proven ability in developing and deploying a vision and aligning others to that vision
• Previous experience developing and executing strategies and delivering superior results in both the short- and long-term
• Strong people management skills with proven ability to attract top talent and a relentless commitment to development of all team members
• Comfortable operating in a complex, globally matrixed organization
• A powerful communicator who engages colleagues, business partners & external stakeholders
• Confident presentation skills and strong interpersonal skills, including high EQ and emotional maturity, to facilitate working with senior management at all levels
• Demonstrated relationship-building skills with a superior ability to deliver results with a commitment to operational and service excellence using positive impact and influence
• Negotiation and partnership skills to balance stakeholder input while remaining objective to reaching the right outcome
• Highly developed critical thinking, analytical and problem-solving skills
• Robust organizational skills with the ability to work in a fast-paced environment and successfully leading a team managing multiple deadlines and priorities
• Excellent analytical skills in assessing risk, issues and challenging the status quo

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):