Senior Lead, Compensation

Summary

Join Wealthsimple's Total Rewards team as a Compensation Partner, providing compensation counsel and empowering stakeholders. You will act as the primary compensation partner for HR, Talent Acquisition, and business leaders. Responsibilities include evolving employee-facing resources, leading Total Rewards education, improving variable pay programs, collaborating on compensation practices, and executing compensation projects. This role requires 7+ years of compensation experience, expertise in incentive plan design, strong stakeholder partnership skills, and project management abilities. Data analysis, attention to detail, and excellent communication are also crucial. Wealthsimple offers competitive salary, top-tier health benefits, retirement savings matching, generous paid time off, wellness and professional development budgets, an international work program, employee resource groups, and company-wide wellness days.

Requirements

• Relevant work experience: You have 7+ years experience in compensation. Expertise in incentive plan design is required, including bonus, equity, and commission experience
• Stakeholder partnership: Demonstrated experience acting as a trusted advisor and partner to senior leaders and HRBPs, with an ability to influence and provide strategic counsel
• Project management: You are highly organized, with a demonstrated ability to manage multiple complex projects simultaneously. You can independently drive results from scoping and planning through execution and delivery, ensuring stakeholders are aligned and deadlines are met
• Decision making: You are comfortable making sound decisions under pressure and ambiguity
• Data & analytics: Strong analytical and problem-solving skills. You are comfortable using and manipulating data to drive tangible results. You don’t rely on others to do this for you
• Attention to detail: You sweat the details. You know what top tier performance looks like because you have been a high achiever yourself
• Communication and collaboration: You are able to communicate complex ideas in a simple & easy-to-understand way for any audience. You have excellent interpersonal skills and willingness to work in collaboration with a wide range of stakeholders and teams
• Creativity: You are comfortable with thinking outside of the box and being open to new ideas. You are curious and take initiative to experiment with new ideas, technologies, and solutions

Responsibilities

• Act as the primary compensation partner and main point of contact for HR Business Partners, Talent Acquisition, and business leaders on compensation design requests and cross-functional projects
• Own and evolve all employee-facing Total Rewards resources, including leading Total Rewards education series and onboarding sessions to ensure our philosophy and programs are well understood
• Lead the execution and continuous improvement of variable pay programs, including the design and administration of commission plans for our Sales organization
• Collaborate with business leaders to provide counsel on evolving compensation practices and pay frameworks
• Lead the execution of complex compensation projects and support the production of Compensation Committee materials, as needed
• Quickly master our Compensation Philosophy and Strategy, and our existing total rewards frameworks, structures, and programs
• Establish strong partnerships with the People Operations team and key stakeholders to deepen business context and build trust
• Partner closely with the Head of Total Rewards to support cross-functional projects
• Develop and begin executing on an education strategy for our compensation programs, ensuring our stakeholders are well-equipped and our employees have a solid understanding of total rewards

Benefits

• Competitive salary with top-tier health benefits and life insurance
• Retirement savings matching plan using Wealthsimple for Business
• 20 vacation days per year and unlimited sick and mental health days
• Up to $1,500 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