Senior Analyst, Total Rewards

Posted 6 Days Ago
Be an Early Applicant
2 Locations
In-Office
80K-85K Annually
Senior level
Software • Financial Services
The Role
Support design, analysis, implementation and administration of compensation, benefits and total rewards programs. Perform market benchmarking, salary surveys, job evaluations, incentive planning, benefits administration, communications, and process improvements to attract, retain and engage talent. Collaborate with HR partners and stakeholders to maintain policies and deliver open enrollment and rewards initiatives.
Summary Generated by Built In

Who we are:

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.

Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.

Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank. ​

Join Fairstone Bank as a Senior Analyst, Total Rewards, and be part of our talented and growing team! 

About the role:

Reporting to Sr. Manager, Total Rewards, the Sr. Analyst, Total Rewards will support the analysis, implementation, communication and administration of competitive Total Rewards programs that align with the business strategy, goals and objectives. This role will provide support and subject matter expertise on employee compensation and benefits programs, processes, policies and other related initiatives that enhance the organization’s ability to attract, retain and engage qualified talent. The ideal candidate combines strong analytical capability with a passion for process improvement, fairness, and data integrity—aligning with Fairstone’s commitment to responsible financial services and continuous innovation. 

Key responsibilities:

  • Assist and collaborate in the planning, coordination, facilitation, administration, and reporting of the annual year-end compensation salary review and short-term incentive program

  • Complete salary surveys and conduct market benchmarking and trend analysis to assess competitiveness

  • Complete job evaluations in partnership with HR Business Partners

  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.

  • Review a wide range of relevant compensation data to ensure the company's remuneration policies are competitive

  • Collaborate with the Talent Acquisition and Human Resources Business Partners to provide guidance on positions grades

  • Support the day-to-day administration of the employee benefit programs and disability management programs, including responding to employee inquiries with accuracy and urgency

  • Participate in the preparation and rollout of group benefits open enrollment campaign

  • Identify and recommend process improvements using best-in-class approach to mitigate errors and increase efficiency.

  • Recommend new processes to ensure they are cost-effective and consistent with market trends and corporate objectives

  • Maintain up-to-date policies and procedures for employee group benefits, compensation and recognition programs

  • Assist with the analysis and development of new and existing benefits and total rewards initiatives, policies and procedures

  • Assist in preparing and delivering program communications and training for HR Partners and business clients as applicable

What we’re looking for:

  • Bachelor’s degree in Human Resources, Business administration, or related field

  • 3+ years of work experience in a Total Rewards, Compensation & Benefits Analyst position

  • Knowledge of compensation salary planning, incentive programs, equity plans and market pricing is essential

  • Strong working knowledge of Excel, Word and Power Point and HRIS systems

  • Experience with Workday, preferred

  • Experience with Job Evaluation (Mercer IPE) is an asset

  • Proficient with compensation research and data analysis

  • Strong problem-solving skills

  • Proven ability to multi-task on  projects within tight timeframes in a fast-paced environment

  • Exceptional organizational skills with strong attention to detail, follow-up and problem resolution

  • Ability to maintain confidential information is essential for this role

  • Bilingual: French and English, written and spoken - The ability to communicate in English is essential to fulfill the primary responsibilities of the position, which includes providing service and support to a national, bilingual client base.

  • Thrive in the face of change with a strong sense of urgency

  • Challenge the status quo by contributing impactful ideas and solutions

  • Build partnerships and prioritize collaboration

  • Be proactive and exceed expected results

What you’ll love about working here:

  • Award-Winning Culture: We’re proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers.

  • Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.

  • Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.

  • Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.

  • Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.

  • Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.

  • Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.

  • On-Site Fitness: Gym access at our London and Montreal offices.

  • Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.

  • Family Support: Parental leave top-up program to help you during life’s big moments.

  • Community Impact: One paid volunteer day to give back to causes that matter to you.

  • For more information on who we are as an employer click here.

What you can expect - pay & process:

  • Expected base salary range is $80,000 - $85,000 per year, plus the opportunity to earn an annual incentive bonus tied to performance.

  • This posting is for an existing vacancy within our organization.

  • Artificial intelligence may be used in parts of the recruitment process.

  • All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire. 

If what you read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for first stages of the interview process.

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type:

Full time

Job Type:Permanent

Skills Required

  • Bachelor's degree in Human Resources, Business Administration, or related field
  • 3+ years of experience in Total Rewards, Compensation & Benefits Analyst role
  • Knowledge of compensation salary planning, incentive programs, equity plans and market pricing
  • Strong working knowledge of Excel, Word and PowerPoint and HRIS systems
  • Experience with Workday
  • Experience with Job Evaluation (Mercer IPE)
  • Proficient with compensation research and data analysis
  • Bilingual: French and English, written and spoken
  • Ability to maintain confidential information
  • Must successfully pass criminal background check, credit check, and validation of work experience
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The Company
HQ: Montreal, Quebec
1,293 Employees
Year Founded: 1926

What We Do

At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way. Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals. With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast. In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion. If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team! For employment opportunities: https://fairstone.wd3.myworkdayjobs.com/FairstoneCareers

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