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Director, Total Rewards Job in Canada
Wealthsimple , Canada

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1 Year
0 - 0
Job Type
Job Shift
Job Category
Requires Traveling
Career Level
As mentioned in job details
Total Vacancies
1 Job
Posted on
Mar 2, 2021
Last Date
Jun 2, 2021

Job Description

Wealthsimple is a financial services company on a mission to help everyone achieve financial freedom by providing products and advice that are accessible and affordable. Using smart technology, Wealthsimple takes financial services that are often confusing, opaque and expensive and makes them simple, transparent, and low-cost.
With over 1 million people using Wealthsimple products, we are the market leader in Canada, and we’re fast growing in the US and UK. Our team is working together to build one of the most innovative fintech companies in the world and we're looking for talented people who want to help us move fast, ship often and make a huge impact. Join us on our mission to make financial services simple and affordable for everyone!
Read our Culture Manual to learn more about us and how we work.
The Director, Total Rewards is accountable for evolving a comprehensive total rewards strategy that enables Wealthsimple to attract, reward, and retain top talent. This role plays an integral part of our People leadership team and will collaborate on projects with leaders from our Talent Acquisition, Diversity, Equity amp; Inclusion, HR Business Partner, and Finance teams. You will be accountable to lead and develop a team focused on: compensation, benefits, payroll, and broader programs in support of our remote first model.In this role, you will have the opportunity to:
  • Manage, mentor and develop the Total Rewards team; ensuring tight partnership with the full People function
  • Collaborate with HR Business Partners, Talent Acquisition, and business leaders to understand their perspectives and needs related to compensation and benefits, and to provide counsel to leaders regarding evolving compensation practices, evaluating new positions, job bands, grade levels, job descriptions, promotions and transfers
  • Lead compensation strategy for the company by conducting market research, recommending programs, compensation design, and long-term incentive programs including equity
  • Lead the annual compensation review cycle, evaluate, and recommend changes to our compensation and benefits programs to ensure they are performance driven, market competitive, and employee centric
  • Design, implement and administer Wealthsimple’s benefit programs and meet our employees’ evolving needs and ensure that the company is in compliance with all compensation and benefits laws and regulations
  • Manage and negotiate with brokers and third party solution providers to continue innovating and delivering value to our employees
  • Support Mamp;A activities as they relate to benefits and compensation
  • Create a strong culture of recognition and equity through the design of reward and recognition programs
  • Develop and implement a comprehensive communication amp; education strategy for our total rewards programs
  • Oversee and provide support for the payroll function
We're looking for someone who has:
  • 7+ years of experience in compensation/ benefits/ total rewards and 5+ years of people management experience
  • Excellent people management and leadership skills
  • Experience designing long range incentive programs including equity (options and RSU models)
  • Strong business acumen and curiosity
  • Excellent at problem solving
  • Highly collaborative and adaptable
  • Analytical and research skills; leveraging data for insights and to inform significant decisions
  • Strong organizational skills with a strong attention to detail
  • Experience presenting to executives and employees at all levels about total rewards
At Wealthsimple, we embrace difference. We believe that getting to the best outcomes requires diverse perspectives and backgrounds. We create space where all voices can be heard so that we can all do our life's best work. We’re committed to openness, curiosity and creating an inclusive culture as we know that diverse teams build better products and generate better ideas. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know.

Job Specification


Information Technology and Services - New York City, United States