RBC

Compensation Consultant

TORONTO, Ontario, Canada · Full-time

Sponsorship not specifiedDetected 2 days ago

ExpressData AnalysisExcelHRHRISCompensationLeadershipCommunicationCollaborationMentoringPublic SpeakingMicrosoft Office

About the role

Proven ability to influence and partner effectively across functions (HR, Finance, Business Leadership) to drive alignment, resolve conflicts, and deliver results.
As a Compensation Advisory Consultant supporting Personal Banking or Wealth Management, you'll serve as a strategic partner and subject matter expert, shaping how RBC attracts, engages, and retains top talent.
Working closely with leaders and key stakeholders, you'll translate complex compensation decisions into clear, actionable strategies that drive organizational performance and demonstrate measurable business impact.
This is a role where your analytical rigor, strategic thinking, and stakeholder influence directly shape how we compete for and retain talent-and ultimately drive business results.
Partner with key stakeholders to translate strategic priorities into competitive compensation programs that drive organizational performance and support talent acquisition and retention.
Optimize program delivery by identifying automation opportunities and process improvements that enhance stakeholder experience and enable focus on strategic initiatives.
RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Expand your limits and create a new future together at RBC.
Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

Bachelor's degree in Human Resources, Finance, Economics, Business, or related field.
Proven strategic thinking and business acumen: Experience leading or contributing to compensation strategy initiatives
Strong market and competitive intelligence: Experience with compensation market analysis, benchmarking, and competitive positioning assessments
familiarity with market data sources and consulting resources.
Advanced technical proficiency with Microsoft Excel (data analysis, modeling, scenario building, complex formulas) and PowerPoint (creating executive-level presentations)
Demonstrated ability to communicate compensation strategy to senior audiences: Proven capability in translating complex financial and compensation concepts into clear, actionable insights for business leaders.
Current knowledge of compensation trends, best practices, and emerging issues in financial services and broader industry (demonstrated through professional development, relevant certifications, or industry involvement).
Understanding of financial principles and business metrics: Ability to analyze compensation costs, ROI, and human capital implications of decisions.
Experience with compensation market analysis, benchmarking, and competitive positioning assessments
Ability to analyze compensation costs, ROI, and human capital implications of decisions.

Financial background experience would be a strong asset.
Professional compensation certifications (e.g., World at Work CCP, CECP).
Experience with compensation technology platforms or HRIS systems (e.g., Workday, Payfactors).
Experience supporting organizational change initiatives.
Track record of presenting to or influencing business leaders.
What's in it for you?
We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Work in a dynamic, collaborative, progressive, and high-performing team.

Proven capability in translating complex financial and compensation concepts into clear, actionable insights for business leaders.
Demonstrated expertise in incentive plan design (short-term, long-term, or commission structures), including program governance, implementation, and performance evaluation.
Current knowledge of compensation trends, best practices, and emerging issues in financial services and broader industry (demonstrated through professional development, relevant certifications, or industry involvement).
Manage the design and optimization of compensation solutions across salary, incentive, direct drive, and commissioned programs to support business objectives.

You'll design innovative compensation strategies and solutions-from salary architecture to equity programs-that align with RBC's business priorities while maintaining our competitive edge in the talent market.
Transform compensation data into strategic insights-conducting rigorous market analysis, competitive benchmarking, and equity assessments to inform recommendations that position RBC as a competitive employer.

You'll be expected to challenge assumptions, identify opportunities, and recommend solutions that balance organizational needs with market realities.

This listing is sourced directly from RBC's careers page and normalized into a canonical job model.