Senior Compensation Analyst
Toronto, Ontario
People Operations – Total Rewards /
Permanent Full Time /
Remote
Your career is an investment that grows over time!
Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3 million users who trust us with more than $30 billion in assets.
Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.
The Senior Compensation Analyst will report into the Senior Manager, Total Rewards within the Total Rewards & Payroll pillar of the People Operations team and will play an integral part in designing and building scalable compensation structures, programs and systems that will support our growth.
In this role you’ll have the opportunity to:
- Design and deliver compensation frameworks and structures and ensure that our programs are in compliance with all compensation laws and regulations.
- Collaborate with HR Business Partners, Talent Acquisition, and business leaders to understand their perspectives and needs related to compensation, and to provide counsel to leaders. regarding evolving compensation practices, evaluating new positions, job bands, grade levels, job descriptions, promotions and transfers.
- Conduct internal pay equity and fairness analysis.
- Generate quarterly equity grant submissions for the Board.
- Support the production of board materials as needed with regard to compensation.
- Own the analysis of HR metrics and reporting to the People Ops team and leaders.
- Support stakeholders from across the business with compensation recommendations and analyses as needed.
- Work with the Benefits, HRIS, and Payroll teams on cross-functional total rewards projects.
In the first six months of this role you will:
- Build an understanding of our Compensation Philosophy and Strategy, our existing frameworks, structures, and programs.
- Get to know the People Ops team and key stakeholders to build business context and familiarize yourself with Wealthsimple as a company.
- Partner with the Senior Manager, Total Rewards to support the People Ops team and leaders through the year-end compensations review process.
- Partner with the Talent Management team to ensure our compensation framework is aligned with the internal job level system.
- Conduct annual pay equity exercise and job evaluation to meet compliance.
- Conduct training workshops for our managers and talent partners to communicate compensation programs and philosophy.
- Lead and innovate on our biannual compensation review process for 2024 and beyond.
Why Wealthsimple?
🤑 Competitive Salary with top-tier health benefits and life insurance
📈 Retirement savings matching plan using Wealthsimple Work
🌴 20 vacation days per year and unlimited sick and mental health days
📚 Up to $1500 per year towards wellness and professional development budgets respectively
🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
💖 Company-wide wellness days off scheduled throughout the year
We’re a remote-first team, with over 1000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!
DEI Statement
At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Accessibility Statement
Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.
