WealthsimpleWE

Senior Compensation Analyst

We're looking for talented people who want to move fast, ship often, and have a huge impact.

Wealthsimple

Employee count: 201-500

Canada only
Apply now
Your career is an investment that grows over time!
Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3 million users who trust us with more than $30 billion in assets.
Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.
The Senior Compensation Analyst will report into the Head of Total Rewards Payroll within the Total Rewards Payroll pillar of the People Operations team and will play an integral part in designing and building scalable compensation structures, programs and systems that will support our growth.

In this role you’ll have the opportunity to:

  • Design and deliver compensation frameworks and structures and ensure that our programs are in compliance with all compensation laws and regulations.
  • Collaborate with HR Business Partners, Talent Acquisition, and business leaders to understand their perspectives and needs related to compensation, and to provide counsel to leaders. regarding evolving compensation practices, evaluating new positions, job bands, grade levels, job descriptions, promotions and transfers.
  • Conduct internal pay equity and fairness analysis.
  • Generate quarterly equity grant submissions for the Board.
  • Support the production of board materials as needed with regard to compensation.
  • Own the analysis of HR metrics and reporting to the People Ops team and leaders.
  • Support stakeholders from across the business with compensation recommendations and analyses as needed.
  • Work with the Benefits, HRIS, and Payroll teams on cross-functional total rewards projects.

In the first six months of this role you will:

  • Build an understanding of our Compensation Philosophy and Strategy, our existing frameworks, structures, and programs.
  • Get to know the People Ops team and key stakeholders to build business context and familiarize yourself with Wealthsimple as a company.
  • Partner with the Senior Manager, Total Rewards to support the People Ops team and leaders through the year-end compensations review process.
  • Partner with the Talent Management team to ensure our compensation framework is aligned with the internal job level system.
  • Conduct annual pay equity exercise and job evaluation to meet compliance.
  • Conduct training workshops for our managers and talent partners to communicate compensation programs and philosophy.
  • Lead and innovate on our biannual compensation review process for 2024 and beyond.

Why Wealthsimple?

πŸ€‘ Competitive Salary with top-tier health benefits and life insurance
πŸ“ˆ Retirement savings matching plan using Wealthsimple Work
🌴 20 vacation days per year and unlimited sick and mental health days
πŸ“š Up to $1500 per year towards wellness and professional development budgets respectively
πŸ›« 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
πŸ’– Company-wide wellness days off scheduled throughout the year
We’re a remote-first team, with over 1000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions β€” join us!
Read our Culture Manual and learn more about how we work.

DEI Statement

At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.

Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.

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About the job

Apply before

Jun 30, 2024

Posted on

May 01, 2024

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

Canada +/- 0 hours

About Wealthsimple

Learn more about Wealthsimple and their company culture.

View company profile

We're looking for talented people who want to move fast, ship often, and have a huge impact.

How we work

We believe that access to financial freedom is a fundamental human right. Our mission is to make sure everyone has the opportunity to exercise that right by making simple, sophisticated, and affordable financial products.

Backed by some of the biggest names in finance and tech, we're growing quickly and globally. We work collaboratively to build the best possible experience for our clients. You won't find meeting-packed days or red tape, and we don't over-engineer our product or processes. Everyone is a maker, and we take things from start to finish quickly.

We're committed to building an actively inclusive environment, where everyone can be themselves and know their voices will be heard. And we don't accept the status quo. If you want to fix or improve something β€” go for it! We go above and beyond and encourage each other to do the best work of our lives.

Our values

Wealthsimple believes access to financial freedom is a human right. Here's how we plan to bring it to everyone. Read our Culture Manual.

Benefits at Wealthsimple

If you read our Culture Manual, you know that we believe in taking care of each other. Here are some of the ways we do that:

  • Retirement savings matching plan

  • Top-tier health benefits & life insurance

  • Professional development budget

  • Fitness credit

  • Parental leave (6 months topped up to 100%)

  • Access to personal finance learning & advice

  • Daily catered lunches from local restaurants

  • Employee resource groups

  • Team trips, outings, and hackathons

Employee benefits

Learn about the employee benefits and perks provided at Wealthsimple.

View benefits

Generous vacation

20 vacation days per year

Paid parental leave

6 months topped up to 100% of salary

Equity benefits

Company equity for full-time employees

Company retreats

Annual company retreat so you can meet everyone in person.

View Wealthsimple's employee benefits
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