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Full-Time

Director – Total Rewards

Confirmed live in the last 24 hours

Zafin

Zafin

501-1,000 employees

SaaS platform for banking product pricing

Fintech
Financial Services

Senior, Expert

Toronto, ON, Canada

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Management
Data Analysis
Requirements
  • Minimum of 12 years of experience in total rewards, compensation, and benefits. - Proven experience in a global or multi-national organization.
  • Minimum 5yrs experience in leadership roles having managed direct reports and/or project resources
  • Deep understanding of global compensation and benefits practices, trends, and regulatory requirements.
  • Demonstrated ability to develop clear and concise executive level communications. Communicate recommendations to senior management, other executives, or regional management in a clear, concise, and impactful way.
  • Demonstrated ability to guide leadership through difficult or complicated subject matter.
  • Ability to excel in a fast-growing/fast-paced environment delivering accuracy while managing to deadlines where adaptability is imperative
  • Strong research and problem-solving abilities
  • Ability to understand broader business and financial issues and juggle multiple projects and tasks
  • Ability to think creatively and bring new ways to solve old problems
  • Experience in reporting, governance and regulations.
  • Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) certification is a plus
  • Ability to address analytical requests: understand the needs, gather data, build model and validate assumptions, perform analyses, summarize and present results
  • Ability to communicate, collaborate and explain complex ideas to People and Culture and Business teams and senior executives.
Responsibilities
  • Lead the compensation function including base, short-term, and long-term incentive compensation, annual compensation review cycle, equity administration, market data survey participation, benefits bench marking across geographic locations
  • Assist in preparing materials for stakeholders and leadership team, including competitive data and plan design alternatives and effects
  • Develop strategic partnerships with Finance, HR and Legal to understand their strategies and compensation goals and ensure compensation programs are understood
  • Provide insight and leadership to team members and executives that will contribute to shaping the way we think about attracting and retaining the best talent
  • Create and innovate compensation programs that meet the needs of our various functions, business areas, and growth
  • Oversee benchmarking, survey analysis, and analytics to elevate understanding of our competitiveness globally with a view toward evolving our compensation and benefits programs over time
  • Lead moderate to complex projects covering areas of executive compensation, drive their delivery ad management, including communication plans
  • Solve complex problems using quantitative analysis, including dynamic scenario modeling
  • Monitor current or upcoming regulations and industry compensation trends

Zafin provides a Software-as-a-Service (SaaS) platform tailored for banks and financial institutions to manage and optimize their product pricing, packaging, and offers. The platform enables banks to quickly adapt to customer needs and competitive pressures by deploying new products and pricing strategies in days, rather than months, which reduces reliance on extensive IT support. This efficiency helps banks attract new customers, retain existing ones, and grow their business while ensuring compliance with regulations through consistent and transparent practices. Zafin serves a wide range of clients, from small regional banks to large international institutions, and operates on a subscription-based model that provides continuous value through regular updates and support. The company's goal is to assist banks in their digital transformation and core modernization efforts, allowing them to stay competitive in a rapidly changing financial landscape.

Company Stage

Series B

Total Funding

$47.2M

Headquarters

Vancouver, Canada

Founded

2002

Growth & Insights
Headcount

6 month growth

28%

1 year growth

4%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of Michael Nitsopoulos as Chief Product Officer brings extensive experience and a proven track record of innovation, which could drive further product advancements.
  • Partnerships with industry leaders like Finxact and Navy Federal Credit Union enhance Zafin's credibility and expand its market reach.
  • The acquisition by Nordic Capital provides Zafin with additional resources and strategic support to accelerate growth and innovation.

What critics are saying

  • Executive turnover in the tech industry, as seen with recent changes, could lead to instability and strategic misalignment.
  • The competitive fintech landscape requires continuous innovation to maintain a leading position, posing a challenge for sustained growth.

What makes Zafin unique

  • Zafin's platform enables banks to deploy new products and pricing strategies in days rather than months, offering a significant time-to-market advantage over competitors.
  • The company's focus on regulatory compliance and operational efficiency makes it particularly appealing to banks undergoing digital transformation or core modernization.
  • Zafin's international perspective and experience with diverse banking markets provide it with unique insights and best practices that set it apart from other fintech providers.