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About the Role

The Sr. Analyst, Total Rewards will support the analysis, implementation, communication, and administration of competitive Total Rewards programs aligned with business strategy. This role provides expertise on compensation and benefits programs to enhance talent attraction, retention, and engagement.

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.
• Support development and execution of strategic initiatives in collaboration with internal and external stakeholders.
• Review relevant compensation data to ensure remuneration policies are competitive.
• Collaborate with Talent Acquisition and HR Business Partners to provide guidance on position grades.
• Support the day-to-day administration of employee benefit and disability management programs, responding to employee inquiries with accuracy and urgency.
• Participate in the preparation and rollout of group benefits open enrollment campaigns.
• Identify and recommend process improvements using best-in-class approaches 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.

Requirements

• 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, PowerPoint, and HRIS systems.
• Experience with Workday is 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.
• Bilingual: French and English, written and spoken.
• 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.
• Successful completion of a criminal background check, credit check, and validation of work experience.

Skills

• Excel
• Word
• PowerPoint
• HRIS systems
• Workday
• Job Evaluation (Mercer IPE)
• Compensation research
• Data analysis
• Problem-solving
• Multi-tasking
• Organizational skills
• Attention to detail
• Follow-up
• Problem resolution
• Confidentiality
• French
• English

Location

• Canada

Work Type

• Hybrid
• Full time
• Permanent

Experience Level

• Senior Analyst
• 3+ years of work experience

Education Level

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

Salary/Compensations

• $80,000 - $85,000 per year
• Annual incentive bonus tied to performance

Benefits

• Robust health and dental coverage through Manulife
• Virtual healthcare through Dialogue
• Group Retirement Savings Plan with up to 7% employer match
• Discounts from top retailers via WorkPerks
• Location-based perks like gym memberships and Toronto Bike Share
• Gym access at London and Montreal offices
• Education Assistance Program
• Fairstone Academy for training and skill development
• Parental leave top-up program
• One paid volunteer day

About the Company

• Fairstone Bank and its family of brands (Home Trust Company, Home Bank, Oaken Financial, Fairstone, EdenPark, and Fig) deliver innovative, accessible, and reliable financial solutions.
• Together, they are the leading alternative lending bank in Canada.
• They offer a diverse suite of products including residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans, and digital lending.
• Backed by nearly a century of lending experience through its legacy companies.

Equal Opportunity

• Fairstone is an equal opportunity employer.
• 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.