Sumita Goel
Compensation Lead - Canadian Wealth, Personal and Commercial Banking @BMO
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WORK HISTORY
Compensation Lead - Canadian Wealth, Personal and Commercial Banking @BMO
Toronto, ON, CA
Strategy, design and delivery of various compensation programs – broad-based, commission plans anddeferred compensation programs - aligned with strategic objectives and bank’s compensation philosophy- Ensure market competitiveness and alignment of compensation models to evolving industry practices and legal & regulatory requirements; ensure that compensation plan designs drive high performance and enhance engagement and retention of talent- Assess the effectiveness of compensation programs and generate data-driven insights on performancemetrics including program efficiency and continuous improvement opportunities- Lead a team of experts in design and implementation of year-end program - base pay, short-term and long-term incentive including equity- Develop Board & Committee materials per the Canadian and US governance requirements- Partner with various stakeholders on development of communication materials and change plans- Compensation SME for various cross-functional teams including Mergers & Acquisitions.
EDUCATION
HRPA
Certified Human Resource Leader (CHRL)
St. Stephen's College, Delhi
Bachelor, Chemistry
World at Work, CCP in progress
Total Rewards
Delhi School of Economics
Master’s Degree, Human Resources & Organizational Development
SKILLS
ABOUT SUMITA GOEL
A strategic rewards leader with a strong business acumen and extensive experience in fast-paced environments. Trusted partner who works in close collaboration with senior business leaders, operations, HR, Finance partners and other COEs. Recognized for innovative problem-solving and the ability to see the big picture with superior detail-orientation. Results-driven and passionate about making a meaningful impact. Diversified experience in US, Canada, UK, India and other international markets.
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