Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead and innovate reward strategies to attract top talent in financial services.
- Company: Dynamic financial services provider focused on growth and social impact.
- Benefits: Up to £150k salary, 25% bonus, and excellent benefits package.
- Why this job: Make a real difference in shaping reward policies and driving positive change.
- Qualifications: Experience in financial services and strategic reward leadership required.
- Other info: Hybrid working model with opportunities for professional development.
The predicted salary is between 90000 - 150000 £ per year.
A leading financial services provider with a strong growth and transformation agenda, supporting millions of customers across the UK. The organisation is focused on delivering value to its members and driving positive social impact.
The Reward Director will lead all reward processes and activities, benefits, and related innovation and design. This senior role is responsible for developing and delivering the reward strategy (policy, pay, benefits, incentives) to support both short- and long-term success. The position manages a small team and works closely with senior stakeholders to ensure the reward offering attracts and retains top talent.
Key Responsibilities- Design, deliver, and communicate the organisational reward strategy, covering pay, benefits (including pensions), and HRIS frameworks.
- Deliver annual reward procedures: job evaluation, benchmarking, Equal Pay audits, Gender Pay reporting, annual pay and benefits review.
- Own and annually review the Remuneration Policy.
- Manage the RemCo process, including Board Paper preparation and presentation.
- Continually review and improve reward policies and practices.
- Design long-term incentive schemes and bonus plans.
- Provide reliable people data via HR Management Information systems.
- Maintain employee lifecycle controls and operational processes, ensuring compliance.
- Create transparency and understanding around reward through regular communication.
- Recent experience in Financial Services/FCA regulated environments.
- Strategic and operational reward experience at leadership level.
- Proven track record in implementing change.
- Strong analytical, numerical, and reporting skills.
Reward Director in London employer: BIE Executive
Contact Detail:
BIE Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Director in London
✨Tip Number 1
Network like a pro! Reach out to connections in the financial services sector, especially those who have experience with reward strategies. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company’s current reward practices and thinking about how you can add value. Tailor your examples to show how your strategic and operational experience aligns with their needs.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email reiterating your interest in the role and highlighting a key point from your conversation. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that Reward Director role. We love seeing candidates who are proactive and engaged with our platform!
We think you need these skills to ace Reward Director in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Director role. Highlight your experience in financial services and any strategic reward initiatives you've led. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in reward strategy and how they can benefit us at StudySmarter.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of how you've used data to drive decisions in previous roles. We love numbers, so don’t hold back on showcasing your reporting skills!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at BIE Executive
✨Know Your Numbers
As a Reward Director, you'll need to demonstrate strong analytical skills. Brush up on key metrics related to compensation and benefits in the financial services sector. Be ready to discuss how you've used data to drive decisions in previous roles.
✨Understand the Organisation's Values
Research the organisation's mission and values thoroughly. Be prepared to explain how your approach to reward strategy aligns with their goals of delivering value and driving social impact. This shows that you’re not just a fit for the role, but also for the company culture.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific challenges in reward management. Think of examples from your past experience where you successfully implemented change or improved reward policies. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Engage with Stakeholders
Since this role involves working closely with senior stakeholders, be ready to discuss your experience in stakeholder management. Prepare examples of how you've communicated complex reward strategies effectively and gained buy-in from various levels within an organisation.
