City : Vancouver

Industry : Financial/Banking

Employer : Vancity

Our Story & Purpose: 

We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo and break down barriers. We’ve made bold commitments to become net-zero by 2040 across all mortgages and loans, and we’re actively pursuing strategies in Indigenous banking and financial resilience for our members. 

As the largest private sector Living Wage Employer in Canada, we’re proud to be consistently recognized as one of the country’s Top Employers. If you’re ready to join our team of 2,300 diverse individuals, access competitive rewards and benefits, and be part of a greater movement - apply today!? 
 
Your Role in Supporting Our Members: 

As a Compensation Consultant, Incentive Plans, you are a subject matter expert in the design, governance, and administration of compensation programs, with a strong focus on incentive and commission-based plans across lines of business including Commercial Banking, Retail Banking, and Wealth. 

You will play a key role in evolving Vancity’s compensation programs by ensuring plans are well-designed, effectively governed, and consistently administered. You will partner closely with business leaders and People & Culture stakeholders to translate business strategies into practical, compliant, and competitive compensation solutions. 

This role requires a balance of technical expertise, strong business partnering, and data-driven storytelling to influence decision-making and maintain alignment to Vancity’s compensation philosophy. 

This is a?Full-time, Permanent?role based at our?Vancity head office?and will report directly to the?Manager, Compensation. While this position provides a hybrid work arrangement, you will be expected to be on-site for events and business demands. 
 
How You'll Make an Impact: 

• Leading the design, governance, and ongoing administration of incentive and commission-based compensation plans, ensuring alignment with business objectives, regulatory requirements, and internal policies 
• Acting as a trusted advisor to business leaders (Commercial, Retail, Wealth) on compensation plan design, pay mix, performance measures, and market practices 
• Managing end-to-end incentive plan processes, including eligibility, performance tracking, payout calculations, validation, and reporting 
• Ensuring strong governance and controls over compensation programs, including documentation, approval processes, audit readiness, and consistent policy application 
• Partnering with Finance, Payroll, and business teams to validate calculations, resolve discrepancies, and ensure accurate and timely payouts 
• Analyzing compensation and performance data, using tools such as Excel and Power BI, to generate insights and inform plan design and business decisions 
• Translating complex data into clear, actionable insights and recommendations for senior stakeholders  
• Supporting the continuous improvement of compensation frameworks, policies, and processes, particularly within incentive and variable pay structures  
• Contributing to annual compensation cycles, including merit, incentive payouts, and structural updates, with a focus on plan integrity and consistency  
• Providing education, guidance, and training to leaders and People & Culture partners on compensation programs, plan mechanics, and governance requirements 
   

What You’ll Bring to the Team: 

• 5+ years of experience in compensation, with direct experience in incentive/commission plan design and administration  
• Experience supporting commercial banking, retail banking, wealth management, or other sales-driven environments  
• Strong understanding of plan governance, controls, and compliance (e.g., approvals, eligibility rules, documentation, audit readiness)  
• Demonstrated experience calculating and administering complex incentive plans, including performance measures and payout models  
• Advanced analytical skills, including Excel-based modeling and data manipulation  
• Experience with Power BI or other data visualization tools to support reporting and insights <span data-ccp-pr