Scotiabank
Manager, Compensation Europe
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Requisition ID: 258309
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
We are seeking a highly skilled and detail-oriented Compensation Data Manager to join our team. This role is critical in supporting regulatory submissions, internal governance, and strategic decision-making through robust data analytics and reporting frameworks.
Accountabilities
- Design and implement robust data analytics frameworks to extract, transform, and analyse compensation-related data for regulatory submissions and internal reporting.
- Develop and maintain compensation data models and dashboards to monitor trends, ensure data quality, and support internal governance committees and decision-making.
- Lead cross-functional data gathering efforts, collaborating closely with Payroll, Finance, and HR Operations to compile and validate required data sets.
- Utilize advanced analytics tools to identify trends, outliers, and inconsistencies in pay data across business units, countries, and employee levels, including for equal pay audits and assessments.
- Automate recurring compensation reporting processes to improve accuracy, efficiency, and auditability of data used for the CBI, EBA, FCA, PRA, CRD V/VI, and other legislative reporting obligations.
- Supports with remuneration regulatory rules mapping, by tracking and maintaining relevant rules gap analysis for the UK and Ireland (including maintenance of the iRCM regulatory rules and controls libraries). Supports with respect to recruitment and/or executive appointments, year-end incentive planning, remuneration benchmarking and collaborating with HR Business partners on relevant projects.
- Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
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Dimensions
- European (UK and Ireland) scope
- Supports minimum of 4 UK ROC, 4 SIDAC ROC, 4 BNSL RemCo and 4 SIDAC RemNomCo meetings per year
- Compliance with European regulatory bodies and/or requirements, including EBA, PRA, FCA, CBI, etc.
- Highly proficient with Microsoft Office suite of products, particularly in Excel and PowerPoint
- Good presentation skills
Education / Experience
- Graduate Level
- Substantial financial industry experience in compensation and data analytics
- Work product is provided to top executives and board members, so timeliness, quality, presentation and accuracy are essential
- High level of MS Office mainly Excel and PowerPoint
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Location(s): England : Greater London : London (UK)
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here [https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html]. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
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