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For Companies At a Glance
- Tasks: Join our team to analyse compensation data and support annual reviews.
- Company: A leading Financial Services firm based in London, focused on global compensation strategies.
- Benefits: Enjoy a competitive salary up to £90,000 plus bonuses and potential remote work options.
- Why this job: Be part of a dynamic team that influences pay strategies and drives organisational success.
- Qualifications: 3+ years in compensation/reward with strong analytical skills and advanced Excel proficiency required.
- Other info: Ideal for proactive individuals who thrive under pressure and enjoy collaborative environments.
The predicted salary is between 54000 - 126000 £ per year.
Job Title: Deferred Compensation Specialist
Location: London (hybrid)
Sector: Financial Services
Contract: 12 month FTC (potential to turn permanent)
Position Overview: Catalyst Partners have partnered with a leading Financial Services firm on the search for Deferred Compensation Specialist to support performance, reward, and benefits initiatives across Europe. This role focuses on analysing compensation data, ensuring regulatory compliance, and delivering a competitive, equitable reward framework. You\’ll also play a key role in implementing a new deferred compensation system and supporting global reward initiatives.
Key Responsibilities
- Lead the end-to-end rollout of a new deferred compensation platform for EMEA, acting as the regional subject-matter expert.
- Define requirements, test system functionality, manage data migration, and ensure operational readiness in partnership with HR Tech, Risk, Compliance, Finance, and other stakeholders.
- Map, streamline, and document processes, creating SOPs and controls to improve efficiency and reduce operational risk.
- Support global alignment of deferred compensation governance and help shape scalable, future-state operating models.
- Provide training and guidance to HR and business teams on new processes and system capabilities.
- Contribute to the annual compensation cycle, regulatory disclosures, and reward analytics.
Experience & Skills
- Experience in reward/deferred compensation, ideally within financial services.
- Strong analytical skills and ability to interpret and present data insights.
- Experience coordinating multiple stakeholders across regions.
- Skilled in MS Office; Workday knowledge is a plus.
- Excellent communication, organisation, and problem-solving abilities.
- Proactive, detail-driven, collaborative, and comfortable managing complex workflows.
Compensation Specialist employer: Catalyst Partners
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and reward management, especially within the financial services sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in this field.
✨Tip Number 2
Network with professionals already working in compensation roles or related fields. Attend industry events or join online forums where you can engage with others and gain insights into what employers are looking for in a candidate.
✨Tip Number 3
Brush up on your Excel skills, as advanced proficiency is crucial for this role. Consider taking an online course or practicing with real-world data sets to enhance your analytical capabilities.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that showcase your analytical skills and ability to work under pressure. Being able to articulate how you've successfully managed tight deadlines will set you apart from other candidates.
We think you need these skills to ace Compensation Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compensation and reward, especially within financial services. Use specific examples that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role of Reward Associate. Mention how your background aligns with the responsibilities listed, such as supporting annual compensation reviews and analysing market data.
Highlight Relevant Skills: Emphasise your advanced Excel proficiency and strong numerical skills in both your CV and cover letter. Provide examples of how you've used these skills in previous roles to support compensation analysis or reporting.
Showcase Your Experience: Detail your 3+ years of experience in compensation/reward. Include specific projects or achievements that demonstrate your ability to meet tight deadlines and collaborate effectively with HR and Finance teams.
How to prepare for a job interview at Catalyst Partners
✨Showcase Your Analytical Skills
As a Compensation Specialist, you'll need strong numerical and analytical skills. Be prepared to discuss specific examples from your past experience where you've successfully analysed compensation data or trends. Highlight any tools or methodologies you used to derive insights.
✨Demonstrate Your Excel Proficiency
Advanced Excel skills are crucial for this role. During the interview, mention any complex spreadsheets or models you've created in the past. If possible, bring along examples of your work to demonstrate your capabilities.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities under pressure. Think about how you would handle tight deadlines or unexpected challenges in the compensation review process, and be ready to articulate your thought process.
✨Understand the Financial Services Sector
Familiarise yourself with current trends and challenges in the financial services sector, particularly regarding compensation. Being able to discuss these topics will show your genuine interest in the industry and your readiness to contribute to the team.
