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About the Role

IGM Financial Inc. is seeking a Senior Manager or Director, Compensation to join its Human Resources department. This role will provide expert advice on compensation decisions, lead the development and design of sales compensation programs, and manage the implementation and administration of these plans. The position offers a hybrid work environment with opportunities for continuous learning and skill development.

Responsibilities

Provide expert advice to HR Business Partners on compensation decisions and impacts related to the Asset Management business.
Work with the compensation team on corporate compensation matters, including salary structure and the year-end annual compensation cycle.
Lead the development and design of IGM’s sales compensation programs supporting the Asset Management businesses.
Work closely with senior leaders and key stakeholders to understand strategic priorities and financial impacts of compensation plans.
Provide innovative and effective compensation solutions that drive desired behaviors and achieve key business metrics.
Provide SME advice and counsel in managing compensation plans on an ongoing basis.
Lead a team of compensation professionals responsible for executing specialized incentive plans.
Work with key business stakeholders, including senior leaders, investment management, and sales teams, on compensation plan management, communication, reporting, and analysis.
Manage partnerships with stakeholders in the calculation process, including Compensation, Finance, and Sales Analytics teams, to ensure timely, accurate, and efficient commission management.
Manage partnerships with technology for the development and improvement of the Specialized Incentive Plan Tool, which calculates, reports, and forecasts incentives for the Investment Management business line.

Requirements

7-10 years of progressive/relevant business experience in employee compensation.
University degree in business administration or related disciplines; Compensation Professional Discipline is preferred.
Strong analytical and numeric skills with the ability to interpret and communicate data effectively.
Demonstrated experience with compensation principles and concepts, including job evaluation, pay structure, variable pay, pay equity legislation, annual merit budgeting, and competitive pay analysis.
Demonstrated experience with designing and implementing sales compensation programs.
Proactive leader with proven decision-making skills and the ability to manage expectations effectively to achieve multiple, competing priorities.
Proven experience working with business leaders and senior professionals.
Ability to produce high-quality work under time pressure and work as part of a team.
Knowledge of general Human Resources practices & policies, laws, and regulations as applicable to compensation.

Skills

Compensation consultation
Sales compensation program development and design
Compensation plan implementation and administration
Team leadership
Stakeholder management
Data analysis and interpretation
Communication
Problem-solving
Project management

Location

Toronto
Winnipeg
Montreal

Work Type

Hybrid

Experience Level

Senior Manager
Director

Education Level

University degree in business administration or related disciplines
Compensation Professional Discipline preferred

Salary/Compensations

$142,500 - $178,500

Benefits

Competitive base salary
Performance-weighted bonus
Education/career support
Option to join Employee Share Purchase Plan with employer matching component
Competitive health and dental coverage
Flexible plan for you and your family
Short-term & long-term disability plans
Voluntary Group RRSP enrolment with employer matching component
Paid volunteer days
Competitive time off
10 wellness days off
WorkPerks discount program
Hybrid & flex work arrangements
Engaging with community through Business Resource Groups

About the Company

IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $310 billion in assets as of December 31, 2025.
It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments.
Mackenzie Investments, founded in 1967, is a key part of IGM's business model, serving as a comprehensive asset-management partner for Canadian financial advisors and their clients.
Mackenzie Investments is recognized as one of Canada’s Top 100 Employers for the fourth consecutive year and one of Canada’s Best Diversity Employers.
The company's vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals.
The Compensation team within Human Resources supports the company and its business units to attract, engage, and retain top talent by ensuring competitive compensation packages and rewarding excellence in performance.
The team has overall responsibility for the design, implementation, and administration of all corporate and specialized incentive compensation programs at Mackenzie Investments.

Equal Opportunity

IGM is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.
Mackenzie Investments is an accessible employer committed to providing barrier-free recruitment experience. If you require accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.