Job Description
What is the opportunity?
As a member of RBC’s Compensation Delivery team, the successful candidate plays a key role in the successful delivery and reporting of a broad group of equity/deferred compensation programs. Requirements of this role are balanced between development of technical expertise and exceptional client service.
* Please note this is a 17 - 18 month contract role
What will you do?
Manage the end-to-end grant and vest processes for monthly and/or annual awards of equity/deferred compensation programs, providing critical validations to ensure sufficient controls, and support enhanced process documentation.
Resolve equity award related concerns/issues, and serve as a key contact to participants, including senior executives.
Ensure accurate and timely quarterly administration of the dividend reinvestment process, including audits on the internal HRIS and third-party recordkeeping system (Shareworks).
Provide reports to internal partners, such as Finance, Compliance, Corporate Treasury, Compensation Governance, and others as required.
Respond to queries for award balances from HR Business Partners, Employee Relations, Law, and other groups as required.
Share responsibility for SEDI filings of RBC Insiders to reflect changes in equity holdings to meet regulatory requirements.
Partner with external tax advisors to ensure appropriate treatment of equity compensation payments for cross-border employees, and provide accurate reporting to Canadian and international payroll teams.
Strengthen relationship with external provider(s), continuously seeking ways to better leverage existing systems, and explore improved reporting and uses for validations.
Manage year-end activities for all equity compensation plans in-scope, identifying and implementing ongoing enhancements.
Develop new and/or enhance existing education materials to broaden equity knowledge across participants and partners.
Act as back-up to other Equity Compensation Delivery team members to ensure the team provides uninterrupted delivery and ongoing project management.
Support ad hoc compensation projects and other duties as required.
What do you need to succeed?
Must-have:
2 – 4+ years of relevant work experience in Compensation, Human Resources (with an exposure to Finance, an asset).
Advanced Word and Excel.
Undergraduate degree in Business or Human Resources.
Solid understanding of compensation frameworks and the types of compensation programs found within large organizations.
Excellent communication skills – both written and verbal.
Solid relationship building skills; client service orientated and flexibility to work in a fast-paced environment dealing with constant change.
Detail orientated, analytical aptitude.
Job Skills
Compensation Management, Confidentiality, Critical Thinking, Data Gathering Analysis, Detail-Oriented, Knowledge Organization, Long Term Planning, Project Administration, Salary Structure Design, Workforce AnalyticsAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.