Senior Consultant, Total Rewards

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you'll be doing

As part of CIBC’s Total Rewards team, you’ll help shape programs that reinforce our culture, strengthen team engagement, and support business performance. As a Senior Consultant, Total Rewards and Recognition, you’ll provide strategic consultation to business and functional leaders on recognition and total rewards solutions that are competitive, practical, and aligned with business priorities. You’ll work closely with senior leaders and Human Resources partners to assess current programs, identify opportunities for improvement, and support the design and implementation of enterprise-wide strategies, frameworks, and processes. You’ll also lead analysis to evaluate market competitiveness, internal alignment, and regulatory considerations across total rewards programs, using insights to inform recommendations and decision-making. Through strong partnerships, external market awareness, and a focus on continuous improvement, you’ll help deliver programs that attract, retain, and recognize top talent across CIBC.

At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1-3 days per week on-site, while other days will be remote.

How you'll succeed

• Strategic consulting - Partner with business and functional leaders to understand priorities, performance needs, and recognition objectives, and provide advice on total rewards solutions that align with business goals.
• Program design and implementation - Support the development, enhancement, and implementation of compensation, total rewards, and recognition programs, policies, and procedures to ensure they are market competitive, internally equitable, cost effective, and aligned with CIBC’s objectives.
• Analysis and insights - Conduct market and internal analysis to assess the effectiveness and competitiveness of total rewards programs, identify gaps, and recommend changes that support talent attraction, retention, and engagement.
• Governance and regulatory compliance - Support compensation governance requirements by helping ensure programs comply with applicable regulatory requirements, supporting monitoring and reporting activities, and maintaining policies, procedures, and documentation. Ensure all compensation and rewards programs comply with applicable regulatory requirements (e.g., global regulations such as OSFI, CSSF, SEC), and support ongoing monitoring, reporting, and remediation activities as needed. Liaise with external regulators and auditors on matters related to compensation practices. Monitor regulatory changes and proactively adjust programs to ensure ongoing compliance. Support the develop and maintain compensation policies, procedures, and documentation, as required. Maintains "currency" in professional and specialized compensation knowledge, practices, principles and technologies to be able to evaluate the impact of introducing new methods or products.  Networks with senior professional contacts both within and outside CIBC
• Collaboration and partnership - Work closely with Human Resources partners, senior leaders, change management and communications teams, external providers, and control partners to deliver effective total rewards and recognition tools, processes, and initiatives.
• Continuous improvement and market intelligence - Identify opportunities to improve operational efficiency and effectiveness within total rewards processes, stay current on market trends and regulatory developments, and recommend practical enhancements to strengthen delivery and impact.

Who you are

• You have relevant experience. You bring 5+ years of experience in total rewards, compensation, recognition, or a related Human Resources discipline. Experience in financial services is strongly preferred.
• You give meaning to data. You enjoy investigating complex information, interpreting market and internal data, and turning insights into thoughtful recommendations that support sound business decisions.
• Your influence makes a difference. You have strong consulting and relationship management skills, and you know how to build credibility with leaders and partners to guide decisions and gain support for new approaches.
• You know that details matter. You proactively identify, assess, and help mitigate regulatory and reputational risk. Your critical thinking skills help inform decisions in a highly governed environment.
• You're motivated by collective success. You work effectively across teams and with a wide range of partners, including Human Resources colleagues, senior leaders, external vendors, regulators, auditors, and professional networks, to deliver strong outcomes.
• You're digitally savvy. You’re comfortable working with analytics, reporting, presentations, and evolving tools to support communication, program delivery, and continuous improvement.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

#LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 34th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Objectives, Communication, Compensation Plans, Long Term Planning, Personal Initiative, Reporting and Analysis, Total Rewards, Work Collaboratively