Director, Compensation

Job Description

Application Deadline: 05/15/2026 Address: 100 King Street West Job Family Group: Human Resources Provides compensation expert advice and counsel through a variety of business/group and leadership engagements to execute BMO’s strategy and support the business/group strategy. Supports/defines the strategic direction, governance design, program design and execution of compensation programs at BMO. Understands and aligns to regulatory requirements in applicable jurisdictions. Completes specific strategic & operational work to deliver program objectives and/or minimize risk. This is a Toronto-based hybrid opportunity, requiring on-site presence at least three days a week. This role: Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do. Ensures alignment between values and behaviour that fosters diversity and inclusion. Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. Attracts, retains, and enables the career development of top talent. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives. Develops an expert understanding of business/group challenges. Networks with industry contacts to gather competitive insights and best practices. Recommends measures to improve organizational effectiveness. May consult to or serve on various committees and task forces. Provides expert advice, and support regarding employee and executive compensation issues including internal/external program effectiveness assessment, and governance. Oversees the management of the regulatory program to ensure alignment to regulations; may include integrating across BMO depending on the requests. Designs, develops and implements multi-year strategy (including governance design, program design, operating framework, tools and processes). Develops policy positions taking into account legislative requirements. Monitors program effectiveness and efficiency ensuring SLAs are met and identifying improvement opportunities. Ensures the execution of program changes in alignment with strategy. Develops the business case by identifying needs, analysing potential options and assessing expected return on investment. Enhances subject matter expertise and keeps abreast of trends by reading journals and articles. Acts as the prime contact for internal/external stakeholder relationships, which may include regulators. Manages relationships with outside service providers for programs and ensure all required activities are completed. Defines business requirements for analytics & reporting to ensure data ins

Required Skills