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- Tasks: Lead and optimise reward strategies to enhance performance and employee satisfaction.
- Company: Join a global leader in financial services, trusted by over 8,000 clients worldwide.
- Benefits: Enjoy remote work options, private medical insurance, and a pension plan.
- Why this job: Be part of a dynamic team that values innovation, collaboration, and client-centric solutions.
- Qualifications: Experience in reward management within financial services is essential; certifications are a plus.
- Other info: This role is based in Belfast with flexible working arrangements.
The predicted salary is between 48000 - 72000 £ per year.
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Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance
We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.
We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients. With more than 1,800 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.
Job Description
Purpose of the role
Reporting directly to the Global Head of Reward & Performance, this role is focused on optimising performance through all aspects of reward and recognition. Partnering with senior stakeholders the postholder ensures competitive, equitable, and performance-driven reward frameworks that align with the organisation’s business strategy and regulatory requirements.
The role includes oversight of all compensation, benefits, equity plans, governance, and reward analytics together with responsibility for communicating and designing effective system workflow and reporting.
The successful candidate will be able to demonstrate:
- Proactivity, curiosity and a client centric mindset
- Strong sense of urgency in delivery with attention to detail and a drive for excellence.
- Client focused solutions using technology to drive efficiency and effectiveness
- Global mindset with strong commercial awareness.
Whats in it for you
- This role is Belfast based – remote working possible
- Pension
- Private medical insurance
- Life assurance
- Income protection
- Optional dental plan and critical illness cover – self funded
Main Responsibilities
- Partner with the Head of Reward to define and execute the global total reward strategy.
- Lead on reward programmes that support talent retention, motivation, and compliance across multiple regions.
- Systems expert in designing workflow and reporting
- Key lead for HR, managers and colleagues communication and responsible for ensuring sufficient subject matter expertise within HR
- Provide expert guidance to business leaders, HR business partners and governance committees on reward matters.
Compensation Management
- Lead annual compensation review cycles including salary planning, bonus and long-term incentive plan allocations, optimising process experience and colleague understanding.
- Support the design and implementation of commission and recognition schemes and ensure effective communication and buy in.
- Benchmark roles using market data to ensure competitiveness and internal equity, including reference to job levelling/evaluation methodology, ensuring good quality data is accessible and up to date for key stakeholders.
- Support the preparation of materials for Remuneration Committee meetings.
- Ensure compliance with global regulatory frameworks, including MIFID II and local legislation
- Lead the annual colleague engagement survey including communications, results analysis and follow up action plans. Prepare analysis for Group Executive Committee and be the subject matter expert on underlying root cause analysis and proposed actions plans. Ensure training for subject matter expertise in HR and key stakeholders.
- Work with local HR teams to assess and optimise global benefits offerings, ensuring alignment with market practice and employee needs within cost budget, ensure benefits information is easy to access and up to date for colleagues.
- Support global wellbeing initiatives and harmonisation of benefit plans where appropriate
Analytics & Reporting
- Lead reward analytics and insights to inform strategic decision-making, including attrition, headcount and recruitment activity.
- Manage gender pay reporting, pay equity analysis, and other statutory disclosures.
- Enhance automation and dashboarding of reward metrics.
Team & Stakeholder Management
- Lead, mentor, and develop a team of reward professionals.
- Act as deputy to the Head of Reward in leadership forums and represent the function as needed.
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Qualifications Required
Knowledge, Skills & Experience
- Extensive experience in reward management within a global financial services environment.
- Expertise in compensation planning, benchmarking methodologies, and job evaluation.
- Proven ability to influence at a senior level
- Experience of HR systems and how to link to key HR processes through effective UX (User Experience)/UI(User Interface) approach
- Experience working across multiple jurisdictions (e.g., EMEA, APAC, Americas).
- Proficiency with market data providers including WTW, AON, KFHG and KPMG
- Professional certifications (e.g., CIPD, WorldatWork) are an advantage.
Additional Information
Our Values
All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are:
- We areCLIENT CENTRIC– Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
- We are AMBITIOUS– We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues – wherever in the world they may be.
- We are AGILE– We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
- We are COLLABORATIVE– With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
- We are ETHICAL– We behave with integrity at all times and assume positive intent, buildingtrust through responsible actions and honest relationships.
Administrative Saint Helier, Jersey Full-time
Administrative Saint Helier, Jersey Full-time
Other Road Town, Virgin Islands (british) Full-time
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Deputy Head of Reward employer: Ocorian
Contact Detail:
Ocorian Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Head of Reward
✨Tip Number 1
Familiarise yourself with the latest trends in reward management, especially within the financial services sector. Understanding current compensation strategies and regulatory requirements will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the reward management field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss your experience with HR systems and how they relate to user experience. Being able to articulate your knowledge in this area will demonstrate your capability to enhance processes at StudySmarter.
✨Tip Number 4
Showcase your ability to influence senior stakeholders by preparing examples of past successes. Highlighting your strategic thinking and client-centric approach will resonate well with our values at StudySmarter.
We think you need these skills to ace Deputy Head of Reward
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward management, compensation planning, and analytics. Use keywords from the job description to demonstrate that you meet the qualifications required for the Deputy Head of Reward position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their values, particularly focusing on client-centric solutions and your global mindset.
Showcase Relevant Achievements: Include specific examples of past achievements related to reward frameworks, compliance, and stakeholder management. Quantify your successes where possible to illustrate your impact in previous roles.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Deputy Head of Reward role.
How to prepare for a job interview at Ocorian
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Deputy Head of Reward. Familiarise yourself with key concepts like compensation management, reward frameworks, and analytics. This will help you answer questions confidently and demonstrate your expertise.
✨Showcase Your Experience
Prepare to discuss your extensive experience in reward management, especially within a global financial services environment. Be ready to provide specific examples of how you've influenced senior stakeholders and led successful reward programmes.
✨Demonstrate Client-Centric Mindset
Since the company values a client-centric approach, be prepared to share instances where you've put clients at the centre of your work. Highlight how your solutions have met complex challenges and improved client satisfaction.
✨Prepare for Technical Questions
Expect questions about HR systems and how they link to key HR processes. Brush up on your knowledge of market data providers and benchmarking methodologies, as these are crucial for the role. Being well-versed in these areas will show your readiness for the position.
