Vice President, Total Rewards

Your Moneris Career - The Opportunity

As the Vice President, Total Rewards, you will be accountable to develop a comprehensive total rewards strategy that aligns employee rewards with results that support Moneris’ business objectives. The total rewards programs include: Compensation (executive, broad-base, sales), Benefits, Pension (DC plan), Rewards & Recognition, Wellness, Disability and Payroll. The total rewards strategy and programs will enable the company to attract, reward, and retain top talent. You will also be responsible for leading the HR Technology and Data Insights function, ensuring platforms and analytics continue to meet the needs of team members and support executive decision-making. This role serves as part of Moneris’ HR leadership team.

Location: You will be based in our Toronto, ON office and will work in a Hybrid model.

Reporting Relationship: You will report to the Chief Human Resources Officer.

Your Moneris Career - What you'll do

Total Rewards

• Lead and develop a team of compensation, benefits, HRIS, payroll, and wellness professionals to ensure continued delivery of HR deliverables to the business.

• Support the design, implementation and continual evolution of Moneris’ Total Rewards strategy and programming so it aligns to current and future business strategy and drives employee performance.

• Lead the design, administration, budgeting, communication, compliance and governance of all total rewards programs, ensuring effectiveness and alignment with the Total Rewards strategy.

• Lead and develop communication initiatives to increase awareness and understanding of Total Rewards to all stakeholders in an omni-channel manner.

• Provide expertise and leadership in the design of market competitive compensation programs including: executive, broad-base, sales, short and long term incentive programs.

• Identify new and creative approaches to total rewards as market conditions evolve.

• Support the CHRO in fulfilling their mandate to support the HR Committee of the Board/Board of Directors including preparing requisite materials both throughout its annual cycle of meetings or as otherwise required from time to time.

• Regularly test the competitiveness of all programs with the external market, and develop plans to address any internal equity gaps if necessary.

• Develop strong relationships with key stakeholders, including but not limited to Moneris ELT/MLT, peers and team members within HR, total rewards consultants and vendors.

• Ensure service standards and service level agreements with consultants and vendors are met.

• Negotiate renewals with vendors as required within Moneris guidelines.

• Prepare materials, and present them as needed, for the pension committee meetings.

• Contribute to the success of the broader HR team by constructively participating as a member of the HR leadership team, supporting the CHRO and working collaboratively with peers.

• Provide counsel to HR Business Partners, Talent Acquisition, and Line Managers, regarding compensation issues, including job architecture, job evaluation, job bands, grade levels, job descriptions, promotions and transfers.

HR Technology

• Oversee all HR technology to ensure configuration meets the needs of respective users and stakeholders as well as evaluate benefits of new applications and make recommendations for system changes/enhancements.

• Oversee implementation of new HR technologies or enhancements to existing technologies.

• In collaboration with the HR Leadership team, design the overall data insights strategy that supports short and long-term leader decision-making.

Your Moneris Career - What you bring

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

• 12+ years of experience in compensation/ benefits/ total rewards.

• 5 years of leadership/ people management experience.

• 2+ years of strategic leadership management experience.

• Advanced Microsoft Office skills (Excel, PowerPoint, Word).

• Experience with HR Technology (experience with Workday considered a strong asset), with a strong understanding of the technical implications of business processes.

• Fluent in English (reading, writing, verbal).

• Strong business acumen and attention to detail.

• Ability to communicate difficult concepts in an easy to understand manner.

• Excellent problem solving and analytical and research skills.

• Experience presenting to executives on all total rewards matters is required.

Nice-to-have...

• MBA is considered an asset.

• CCP or CEBS designation would be considered strong assets.

• Equivalent work experience may be considered a substitution.

• Previous experience in the payment industry considered an asset.

• Experience with Job Architecture considered an asset.

• French (reading, writing, verbal) considered an asset.

Your Moneris Career - What you get

• Comprehensive Total Rewards Program including bonuses, flexible benefits starting from day 1, and your choice of either a health spending account (HSA) or personal spending account (PSA)

• RRSP matching & defined contribution pension plan

• Learning & development programs and resources including unlimited free access to Coursera and an Educational Assistance Program

• Holistic approach to your well-being, with an Employee Assistance Program for you and your family, access to 24/7 virtual health care, wellness events and a supportive workplace culture

• A workplace committed to investing in Diversity, Equity and Inclusion (DEI) through various initiatives including, employee inclusion groups (EIGs), mentorship, DEI learning and workshops, educational events, and various resources including an internal DEI website and newsletter

• Company-wide paid year-end closure & personal time off (including religious, personal, and volunteer days)

Find out more about the work perks and benefits you get as a Moneris employee at Moneris.com/careers

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Note: We welcome and encourage applications from Indigenous peoples, people of colour, people with disabilities, people of all genders, sexual orientation and intersectional identities.

We acknowledge that people from equity-deserving groups (including racialized individuals, women, gender diverse individuals, individuals with disabilities, neurodivergent individuals, members of 2SLGBTQIA+ communities and those born outside of Canada) are less likely to apply for jobs unless they feel they meet all the requirements posted. At Moneris, we believe candidates bring experience to their work in many ways. We encourage you to apply and share, in the application form, the transferrable experience you bring, and how this will support your success in this role.