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    HR Compensation Regulatory Partner - London, United Kingdom - Canadian Imperial Bank of Commerce

    Canadian Imperial Bank of Commerce
    Canadian Imperial Bank of Commerce London, United Kingdom

    2 weeks ago

    Default job background
    Description
    We're building a relationship-oriented bank for the modern world. We're building a relationship-oriented bank for the modern world. BUSINESS UNIT DESCRIPTION

    Human Resources works in partnership with CIBC's business units to enhance organizational performance, the employee experience and advance CIBC's overall corporate strategy.

    The group delivers integrated human resources solutions in recruitment, talent management, training and development, performance management and measurement, organizational design, employee relations, as well as policy and operations.

    This Rewards, Pension and Benefits role is to provide regional compensation, pension and benefit subject matter expertise and support to the global rewards and governance teams based in Toronto and with internal HR partners in the Europe and Asia Pacific Regions.

    Working with the HR Governance team ensure that the UK, Luxembourg and Asia countries' remuneration-related policies and processes are compliant with regulatory requirements and expectations through a regular review of variable compensation plans and fixed pay components.

    Produce remuneration-related regulatory submissions and oversee the preparation and review of regulatory reporting data tables (eg.

    Interpret and action with internal reward partners the implications for CIBC of new or revised remuneration regulation by drafting responses to consultations and reviewing the alignment of internal practices through detailed gap analyses.

    Provide technical rewards expertise (e.g. offer recommendations, internal and external benchmarking, buy out calculations for new hires or gender diversity analysis) surrounding the day to day reward operations for the regions.

    Be a key member of the team during the annual compensation review process to ensure proper execution and implementation locally and globally.

    Support the creation of compensation committee presentations, data analysis around Material Risk Takers, Deferral Plans, bonus pool evolution, etc. Ensure the Pension plan submits all regulatory returns in a timely manner.
    Deep expertise in rewards, benefits and pension in a financial services environment.
    Client service driven with strong organizational and project management skills
    This job interfaces with other HR counterparts across Europe, Asia and north America and will work in partnership with Centres of Expertise globally (eg. rewards, pension, benefits)

    As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

    A minimum 8 years rewards experience in a high volume, fast paced corporate environment within the financial industry
    Strong analytical skills and ability to work with large amounts of data
    Understanding of systems such as Workday is a plus
    Experience of partnering with the business to prepare an appropriate campus recruitment calendar and strategy
    You know that relationships and networks are essential to success. This role operates within a normal office environment
    This role may require individual to work overtime
    At CIBC, our people are our greatest asset.

    You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well.


    Thrive:
    Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
    Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
    Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
    If you need accommodation, please contact Mailbox.
    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
    150 Cheapside, 2nd Flr,London We're building a relationship-oriented bank for the modern world. We're building a relationship-oriented bank for the modern world. BUSINESS UNIT DESCRIPTION

    Human Resources works in partnership with CIBC's business units to enhance organizational performance, the employee experience and advance CIBC's overall corporate strategy.

    The group delivers integrated human resources solutions in recruitment, talent management, training and development, performance management and measurement, organizational design, employee relations, as well as policy and operations.

    This Rewards, Pension and Benefits role is to provide regional compensation, pension and benefit subject matter expertise and support to the global rewards and governance teams based in Toronto and with internal HR partners in the Europe and Asia Pacific Regions.

    Working with the HR Governance team ensure that the UK, Luxembourg and Asia countries' remuneration-related policies and processes are compliant with regulatory requirements and expectations through a regular review of variable compensation plans and fixed pay components.

    Produce remuneration-related regulatory submissions and oversee the preparation and review of regulatory reporting data tables (eg.

    Interpret and action with internal reward partners the implications for CIBC of new or revised remuneration regulation by drafting responses to consultations and reviewing the alignment of internal practices through detailed gap analyses.

    Provide technical rewards expertise (e.g. offer recommendations, internal and external benchmarking, buy out calculations for new hires or gender diversity analysis) surrounding the day to day reward operations for the regions.

    Be a key member of the team during the annual compensation review process to ensure proper execution and implementation locally and globally.

    Support the creation of compensation committee presentations, data analysis around Material Risk Takers, Deferral Plans, bonus pool evolution, etc.


    Material Risk Taker Register:

    Pension & Benefits:
    Ensure the Pension plan submits all regulatory returns in a timely manner.
    Deep expertise in rewards, benefits and pension in a financial services environment.
    Client service driven with strong organizational and project management skills
    This job interfaces with other HR counterparts across Europe, Asia and north America and will work in partnership with Centres of Expertise globally (eg. rewards, pension, benefits)

    As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

    A minimum 8 years rewards experience in a high volume, fast paced corporate environment within the financial industry
    Strong analytical skills and ability to work with large amounts of data
    Understanding of systems such as Workday is a plus
    Experience of partnering with the business to prepare an appropriate campus recruitment calendar and strategy
    You know that relationships and networks are essential to success. This role operates within a normal office environment
    This role may require individual to work overtime
    At CIBC, our people are our greatest asset.

    You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well.


    Thrive:
    Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
    Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
    Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
    If you need accommodation, please contact Mailbox.
    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

    Accountability, Communication, Employee and Labor Relations, HR Strategic Management, Human Resources (HR), Leadership, Organizational Development (OD), Talent Management, Teamwork, Total Rewards, Workplace Transformation At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them.

    Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

    Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

    #
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