Senior Compensation Analyst

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you'll be doing

As a Sr. Compensation Analyst, Total Rewards, you’ll provide project and program support to the total rewards team. You will work on assignments of limited complexity with general guidance, preparing regular analysis and reports that summarize findings for the business and the team. This role will allow you to conduct analysis regarding administration processing through monthly and quarterly reports, identifying data integrity issues. You will also participate in internal and external market research by engaging in industry and ad hoc custom surveys.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll be hybrid, 2-3 days per week.

How you'll succeed

• Conduct analysis – Perform regular analysis and prepare reports that summarize findings for the business and the team.

• Identify data integrity issues – Exercise independent judgment to identify and address data integrity issues through monthly and quarterly reports.

• Participate in surveys – Engage in general industry and ad hoc custom surveys to gather market research data.

• Support compensation processing – Assist in the administration of compensation programs, including job evaluations and benchmarking against market data.

• Collaborate with teams – Work with HR partners and business leaders to provide guidance on total rewards-related issues and inquiries.

• Ensure compliance – Maintain compliance with applicable laws, regulations, and industry standards in compensation practices.

Who you are

• You have a Bachelor’s in ­­­­­­­­­­­­­­­­­­Human Resources, Business Administration, or a relevant field.

• You can demonstrate 4-5 year’s experience in compensation best practices, as well as relevant laws and regulations. Preferred experience in Finance or Financial Services.

• It’s an asset if you have Experience and familiarity with Workday and PayScale/MarketPay.

• Analytical – You give meaning to data and enjoy investigating complex problems to inform decision-making.

• Detail-oriented – You know that details matter and your critical thinking skills help to inform your decision-making.

• Collaborative – You’re motivated by collective success and understand that teamwork can transform a good idea into a great one.

• Proactive self-starter – You can quickly adapt and upskill to new project requirements and apply your knowledge across diverse teams.

• Values matter to you – You bring your real self to work and you live our values - trust, teamwork, and accountability.

California residents — your privacy rights regarding your actual or prospective employment 

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000 - $80,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members. 

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected]

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-120 S LaSalle St, 8th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Business Objectives, Communication, Compensation Plans, Long Term Planning, Office Administration, Personal Initiative, Reporting and Analysis, Rewards Programs