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- 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: Reward Associate
Location: London
Sector: Financial Services
Salary: up to £85,000 + bonus (DOE)
Position Overview: Our Financial Services client is looking for a Reward Associate to join their Global Compensation team. This individual will be responsible for analytical work to support the delivery of the annual compensation review, projects and the provision of advice and information to clients.
Responsibilities:
- Support the annual compensation review process, including bonus pool modelling and setting pay parameters.
- Analyse and interpret market compensation data to identify trends.
- Maintain and cleanse the Compensation system ahead of year-end activities.
- Prepare reports for the Remuneration Committee and Board, aligned with HR and Finance timelines.
- Provide compensation data for regulatory reporting across regions.
- Deliver accurate insights to support senior management in workforce and pay planning.
- Collaborate with HR and Finance to monitor headcount and personnel costs.
- Help manage long-term models tracking cost and headcount trends.
Required Skills:
- Strong Reward Business Partnering skills.
- Strong numerical and analytical skills with attention to detail.
- Advanced Excel proficiency.
- Excellent communication and organisational skills.
- 3+ years of experience in compensation/reward, preferably in financial services.
- Proactive, adaptable, and able to meet tight deadlines under pressure.
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.
