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Job Title :
Manager Executive Compensation
Job ID :
Category :
Human Resources
Location :
Waterloo, ON CA
Job Type :
Full Time
Posted On :
Job Description :

Are you looking for unlimited opportunities to develop and succeed?  With work that challenges and makes a difference and a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
The Global Performance & Rewards Centre of Expertise is responsible for developing strategies, policies, programs and implementation guidelines related to performance, compensation, pension, benefits and wellness to ensure Manulife’s ability to attract, engage and retain talent worldwide. Global Performance & Rewards works closely with HR Business Partners, shared services, other functional areas, and senior leaders and managers in the delivery of programs worldwide. Global Performance and Rewards also plays a key role in program governance, compliance and reporting and consults to senior management and the Board on global performance and rewards matters.
Reporting to the AVP, Executive Compensation, this position will work in collaboration with other members of the Global Performance & Rewards teams in managing executive compensation programs, compensation policy, governance and disclosure initiatives, including: 
  • Researching prevalent executive compensation practices and conducting benchmarking analyses amongst Manulife's peers
  • Developing and drafting recommendations in the design, development, and implementation of executive compensation programs.
  • Preparing analyses and scenario testing that demonstrate the pay-for-performance alignment of Manulife's compensation programs
  • Preparing materials for Management Resource and Compensation Committee meetings
  • Ensuring that executive compensation programs are administered in accordance with Policy
  • Ensuring the effectiveness of compensation programs through relevant communication to executives
  • Managing recommendations for the senior executives' annual compensation review
  • Ongoing management of external governance interventions including OSFI, FSB, CCGG, Basel Accords and other governance issues, to ensure Manulife remains at the forefront of disclosure and governance, compliance and disclosure best practice in Canada
  • Working with AVP, Executive Compensation, Corporate Secretary and corporate lawyers to prepare the executive compensation section of Manulife's proxy circular consistent with regulations and best practices
  • Act as the Global Performance & Rewards liaison with Compliance/Audit/other control functions and as the department Compliance Officer, ensuring our policies/reporting are documented and compliant. 
  • Overseeing the various compensation audit and compliance processes
  • Leveraging external networks to stay abreast of emerging market trends and raise implications at an early stage to senior management
  • Documenting our global total rewards policies and maintaining an online policy database
  • Supporting survey reviews, peer reviews and other compensation projects

  • University degree
  • 6-8 years executive compensation experience with a strong understanding of executive compensation principles and issues
  • Strong aptitude for numbers, with a high level of accuracy and attention to details
  • Excellent written and verbal communication skills
  • Excellent influencing and negotiation skills
  • Proven project and relationship management skills
  • Strong time management skills with the ability to seamlessly move between changing priorities
  • Proficient in Excel, Word and Powerpoint
  • Certified Compensation Professional designation would be an asset



About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2016, we had approximately 35,000 employees, 70,000 agents, and thousands of distribution partners, serving more than 22 million customers. As of September 30, 2017, we had over $1 trillion (US$806 billion) in assets under management and administration, and in the previous 12 months we made $27.1 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
Human Resources
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