
Director, Incentive Programs
Fairstone Bank
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • Canada
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Salary
💰 CA$130,000 - CA$145,000 per year
Job Level
Tech Stack
About the role
- Lead the design and enhancement of incentive and variable compensation programs to ensure alignment with business priorities, profitability, and performance culture.
- Establish clear performance metrics and scorecards for all levels across the Branch Network.
- Evaluate program effectiveness and recommend changes to improve clarity, fairness, performance alignment, and cost efficiency.
- Partner with HR, Finance, and business leaders to ensure incentive plans reinforce desired behaviors and support the overall talent and performance strategy.
- Develop and manage a modern reporting ecosystem that delivers timely, accurate, and actionable insights to employees, leaders, and executives.
- Build dashboards that provide timely visibility into performance results, payout forecasts, and progress toward incentive levels.
- Use data and analytics to model incentive plan changes, forecast payout scenarios, and assess the ROI of incentive spend.
- Partner with Finance to support accruals, budgeting, and financial impact analysis.
- Oversee the end-to-end administration of incentive programs, including monthly processing, validation, auditing, and communication.
- Maintain clear documentation, plan rules, governance standards, and operational procedures.
- Ensure programs comply with internal policies, audit requirements, and risk controls.
- Lead annual planning cycles, including program updates, refreshes, and communication rollouts.
- Develop clear communication materials, guides, and training to support understanding and adoption of incentive programs across the organization.
- Present program performance, recommendations, and insights to senior leadership.
- Serve as the primary point of contact for HR, Finance, and business leadership regarding incentive design and performance results.
Requirements
- University Degree
- 10+ years of experience in incentive program design, variable compensation, sales compensation, or related HR/analytics leadership roles.
- Strong understanding of performance metrics and drivers within sales or branch-based environments.
- Advanced capability in data analysis, reporting tools, and dashboard development (e.g., Power BI, Tableau, QuickSight).
- Demonstrated ability to simplify complex concepts and communicate effectively with diverse audiences.
- Proven track record of leading cross-functional initiatives and influencing senior-level stakeholders.
- Strong analytical thinking, problem-solving ability, and operational discipline.
Benefits
- Award-Winning Culture: We’re proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers.
- Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
- Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
- Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
- Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
- Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
- Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
- On-Site Fitness: Gym access at our London and Montreal offices.
- Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
- Family Support: Parental leave top-up program to help you during life’s big moments.
- Community Impact: One paid volunteer day to give back to causes that matter to you.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
incentive program designvariable compensationsales compensationdata analysisreporting toolsdashboard developmentperformance metricsfinancial impact analysisaccrualsbudgeting
Soft Skills
communicationanalytical thinkingproblem-solvingoperational disciplineinfluencingcross-functional leadershipsimplifying complex concepts
Certifications
University Degree