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- Tasks: Lead a team in executing reward strategies and managing pay reviews.
- Company: Join a top financial services organisation making an impact in the industry.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team shaping fair compensation and enhancing employee understanding.
- Qualifications: Experience in reward management and strong Excel skills are essential.
- Other info: This is a 15-month fixed-term contract with a focus on leadership and innovation.
The predicted salary is between 43200 - 72000 £ per year.
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.
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Manager (FTC)
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in reward management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in compensation strategies.
✨Tip Number 2
Familiarise yourself with the specific reward frameworks and methodologies used by leading organisations, particularly those that utilise Willis Towers Watson surveys. This knowledge will help you stand out as a candidate who understands the nuances of benchmarking and job evaluation.
✨Tip Number 3
Demonstrate your leadership skills by sharing examples of how you've successfully led teams through complex projects. Prepare anecdotes that highlight your ability to mentor others and manage stakeholder relationships effectively.
✨Tip Number 4
Stay updated on UK regulatory requirements related to pay transparency and gender pay reporting. Being knowledgeable about these regulations will show your commitment to compliance and enhance your credibility as a Reward Manager.
We think you need these skills to ace Reward Manager (FTC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in reward management, particularly any roles where you've led teams or managed annual pay reviews. Use specific examples that align with the job description to demonstrate your expertise.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills in stakeholder relationship management and problem-solving make you a great fit for the Reward Manager position. Be sure to mention your experience with share-based compensation programs.
Highlight Key Skills: When writing your application, emphasise your advanced Excel skills and attention to detail. These are crucial for the role, so provide examples of how you've used these skills in previous positions to achieve results.
Showcase Your Adaptability: Given the fast-paced environment mentioned in the job description, include examples of how you've successfully managed multiple projects or deadlines in previous roles. This will demonstrate your ability to thrive under pressure.
How to prepare for a job interview at Catalyst Partners
✨Showcase Your Reward Management Expertise
Be prepared to discuss your previous experience as a Reward Manager in detail. Highlight specific projects you've led, particularly those involving annual pay reviews and share-based compensation programs, as these are crucial for the role.
✨Demonstrate Team Leadership Skills
Since this position involves leading a team of Reward Analysts, share examples of how you've successfully mentored and guided teams through complex reward activities. Emphasise your ability to foster collaboration and support within a team.
✨Prepare for Stakeholder Engagement
Expect questions about your experience in managing relationships with key stakeholders. Prepare examples that illustrate your communication skills and how you've effectively partnered with others to deliver reward initiatives.
✨Exhibit Attention to Detail
Given the importance of compliance and accurate reporting in this role, be ready to discuss how you ensure precision in your work. Bring examples of reports or analyses you've produced that demonstrate your meticulous approach.
