Manager, Executive Compensation & Governance

Reporting to the Director, Compensation the Manager, Executive Compensation & Governance will be accountable for OMERS compensation governance including participation in the creation of plan documents, compensation policy design, board reporting and the annual risk assessment. In addition to compensation governance, you will be responsible for the Senior Executive Team compensation including plan review and the annual compensation cycle.

As a member of this team, you will be responsible for:

• Ensuring governance review of all compensation programs and partner with appropriate internal and external stakeholders to ensure all components meet OMERS requirements, strategic direction and complies with regulatory, tax, legal, accounting and operational frameworks
• Developing needs-specific modeling, analysis, and compensation decision tools and templates for both end users and the Enterprise HR team. Ensuring efficiency and effectiveness with the intent streamlining of compensation processes
• Participating in the development of compensation reports and recommendations for Human Resources Committee review and approval. Committee agenda items include Board education sessions, business performance metrics review, plan design and implementation, compensation forecasting and other governance reports
• Responsible for annual compensation disclosure, including Compensation Analysis & Discussion and associated disclosure in the Consolidated Financial Statements
• Accountable for the market intelligence process for the Senior Executive Team including contributing to surveys, monitoring and analyzing trends, proxy analysis and creating reports. Making recommendations where data suggests opportunities for continuous improvement exists
• Participating in the Annual Risk Assessment process for determining compensation adjustments for all relevant compensation plans
• Partnering with the HR Business Partners, HR Operations and other key stakeholders to lead the annual compensation cycle (Year-End) for the Senior Executive Team
• Developing strong external networks and liaises with compensation peers in other organizations/industries to share compensation information and exchange best practices.
• Communicating effectively to all levels of the organization, and supports recommendations with credible research & analysis
• Maintaining and improving existing tools/templates

To succeed in this role, you have:

• Post-secondary degree and/or the equivalent combination of education/experience/training. A CCP designation would be an asset, although not required
• 8-10 years of progressive compensation experience with preference given to those in a technical compensation lead role
• Demonstrate application and knowledge of compensation theories and practices
• Excellent mathematical and quantitative analysis skills with the ability to calculate a variety of financial and compensation modeling
• Ability to translate detailed analysis and problem solving capability to results based recommendations
• Advanced organizational skills with the ability to work on multiple projects, managing tight timelines and competing priorities
• Strong interpersonal and oral and written communication skills with the ability to influence and persuade at all levels of the organization
• Broad based business knowledge and familiarity with OMERS and its subsidiaries
• Knowledge of financial services industry/business an asset
• Solid knowledge and proficiency in Microsoft Excel required 

Our story:

Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $97 billion in net assets as at December 31, 2018. A jointly sponsored pension plan, with 1,000 participating employers, OMERS invests and administers pensions on behalf of almost half a million active and retired members. OMERS members include union and non-union employees of municipalities, school boards, transit systems, electrical utilities, emergency services and children’s aid societies across Ontario. Contributions are funded equally by members and employers. OMERS has employees in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

OMERS is committed to having a workforce that reflects the communities in which we live and work. Diversity and Inclusion at OMERS means we respect and value the broadest range of experiences, geographies, gender, ethnicities and perspectives as key elements of our culture. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. If contacted for an employment opportunity, please advise if you require accommodation.