Reward Manager (FTC)

Job Title: Reward Manager

Location: London (hybrid)

Sector: Financial Services, Insurance

Salary: £90,000 – £120,000 + bonus

Position Overview: Catalyst Partners are delighted to be partnering with a leading financial services organisation who are seeking a highly skilled and motivated individual to join their team as a Reward Manager. Reporting to the Head of Reward, you will lead a team of Reward Analysts, guiding them through critical reward activities.

This is a fixed-term contract role for 15 months.

Key Responsibilities:

• Assist the Head of Reward in executing the Reward Strategy, including short-term and long-term (shares-based) compensation.
• Partner with key stakeholders to deliver essential reward initiatives.
• Lead and mentor a team of Reward Analysts through key projects, such as job levelling and fair pay & transparency efforts.
• Oversee the end-to-end delivery of the annual pay and bonus review.
• Develop enhanced reward communications to improve employee understanding of total compensation.
• Ensure compliance with UK regulatory requirements, such as Gender Pay Reporting.
• Conduct benchmarking using Willis Towers Watson surveys.
• Support data production, analysis, and modelling, including pay-mix analysis.
• Serve as a point of contact and escalation for compensation-related matters, including share programs.
• Collaborate with HR and recruitment partners to integrate new hire processes and reporting.

Desired Experience:

• Reward Management Expertise: Demonstrated experience as a Reward Manager within an HR department is essential.
• Annual Pay Review Proficiency: Proven ability to manage end-to-end annual pay reviews, preferably utilising the Workday Advanced Compensation module.
• Share Program Experience: Essential experience in handling share-based compensation programs.
• Team Leadership: Capability to lead and support a team through various reward-related activities.
• Global Reward Knowledge: International reward experience, especially with US markets, understanding regional variations within a global framework.
• Benchmarking and Job Evaluation: Experience in conducting benchmarking and job evaluations, ideally using Willis Towers Watson methodologies.
• Adaptability in Fast-Paced Environments: Ability to thrive in dynamic settings, balancing multiple requirements and deadlines.
• Matrix Organisation Experience: Experience working within matrix international organisations is ideal.
• Attention to Detail: Exceptional attention to detail, with the ability to produce precise reports and data analyses.
• Stakeholder Relationship Management: Strong skills in building and maintaining relationships with key stakeholders.
• Problem-Solving Skills: Structured approach to problem-solving, translating challenges into practical business solutions.
• Excel Proficiency: Advanced skills in Excel.
• Confidentiality: High level of confidentiality in handling sensitive information.
• Self-Motivation and Proactivity: Self-starter who proactively researches issues using both internal and external resources.
• Deadline Management: Ability to meet deadlines, demonstrating flexibility and resilience in managing multiple workstreams.
• Communication Skills: Excellent written and verbal communication abilities.