Make an impact at a global and dynamic investment organization
When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.
CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.
CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:
- Stimulating work in a fast-paced and intellectually challenging environment
- Accelerated exposure and responsibility
- Global career development opportunities
- Diverse and inspiring colleagues and approachable leaders
- A hybrid-flexible work environment with an emphasis on in-person collaboration
- A culture rooted in principles of integrity, partnership, and high performance
- An organization with an important social purpose that positively impacts lives
If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.
Job DescriptionAs a Manager, Compensation, you will support the development, implementation, and management of comprehensive compensation programs to attract, retain, and motivate employees. Leveraging your expertise, you will ensure alignment with organizational goals, industry standards, and legal requirements while providing strategic guidance to senior leadership.
Team Description
You will be reporting to the Director, Compensation, within Total Rewards. The Total Rewards group ensures that CPPIB’s compensation, pension, benefits, and wellbeing programs are designed and implemented in a way that enables the firm to attract and retain high caliber talent.
Accountabilities:
- Own discrete compensation processes and/or programs which require domain expertise
- Act as the primary partner for assigned business groups and serve as a strategic advisor on complex compensation matters
- Lead market benchmarking and compensation analytics to ensure competitiveness and internal equity, leveraging external data and internal insights.
- Conduct complex job evaluations, market pricing, and formulate strategic recommendations supporting business requirements.
- Ensure compliance with relevant laws, regulations, and internal policies governing compensation, implementing processes for audits and reviews to maintain adherence and mitigate risks.
- Effectively communicate compensation policies, programs, and changes to employees and stakeholders, providing education and guidance to ensure understanding and engagement.
- Manage relationships with external vendors such as consultants, and technology partners, overseeing service delivery and negotiating contracts to optimize value and quality.
- Monitor key performance indicators (KPIs) and metrics to evaluate the effectiveness of compensation programs, making data-driven adjustments to achieve desired outcomes.
- Provide guidance and support to employees and managers on complex compensation, inquiries, issues, and concerns, fostering a positive employee experience and promoting transparency and trust.
- Undergraduate degree or college diploma in related field
- 6+ years of experience working in a compensation function.
- Experiencing leading pieces of work focused on designing, implementing, and managing compensation programs.
- Strong communication skills and ability to effectively engage senior level stakeholders.
- In-depth knowledge of relevant laws, regulations, and compliance requirements related to compensation, with experience in ensuring adherence and mitigating risks.
- Experience working in Financial Industry will be an asset.
- Advanced practical experience using MS Office and various HRIS applications (Experience with Workday is an asset)
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At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.
We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.
Our Commitment to Inclusion and Diversity:
In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.
Disclaimer:
CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.
