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For Companies At a Glance
- Tasks: Lead annual compensation cycles and develop data insights for strategic decisions.
- Company: Join a leading financial services organisation making impactful changes in employee rewards.
- Benefits: Enjoy a hybrid work model and competitive salary with bonus potential.
- Why this job: Be part of a dynamic team driving meaningful outcomes through data and innovation.
- Qualifications: Experience in reward roles, strong analytical skills, and proficiency in Excel and Workday required.
- Other info: Opportunity to mentor junior talent and lead global reward initiatives.
The predicted salary is between 72000 - 168000 £ per year.
Job Title: VP, Reward
Location: London (hybrid)
Sector: Financial Services
Salary: up to £120,000 + bonus
Position Overview: 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 VP, Reward. Working alongside the Head of Reward and in close partnership with the broader HR and Reward team, you’ll help drive key programs including annual pay reviews, performance-based awards, and co-investment plans for employees. This role is ideal for someone who thrives on turning data into meaningful outcomes.
Key Responsibilities:
- Lead the full annual compensation and equity cycle, including program design, implementation, and communication.
- Oversee co-investment and carried interest allocations.
- Manage all benchmarking efforts – from annual reviews to ad hoc role and hire evaluations.
- Develop dashboards and data insights using Excel and Power BI to support strategic decision-making.
- Own and optimise compensation-related processes within Workday HRIS.
- Lead global reward initiatives, including integration projects post-acquisition.
- Continuously improve reward processes, frameworks, and the overall compensation philosophy.
- Ensure compliance with regulatory requirements (e.g. MRTs, Gender Pay, EU Transparency).
- Monitor market trends and translate regulatory and industry shifts into practical solutions.
- Deliver polished reports and presentations for senior leadership and committee meetings.
- Draft RemCo papers in partnership with the Head of Reward.
- Create and support training, resources, and communications for internal stakeholders.
- Act as the primary expert for compensation queries, building strong cross-functional HR relationships.
- Manage and mentor the Reward Associate to support team delivery and development.
Desired Skills & Experience:
- Experience in reward roles, ideally within financial services or consulting but open to sector.
- Deep knowledge of compensation structures and market benchmarking.
- Strong analytical mindset with excellent data accuracy and integrity.
- Proficient in Excel (advanced functions, data modelling, visualisation).
- Experienced with Workday and compensation survey platforms (e.g. McLagan).
- Strong communicator, able to simplify complex data for senior audiences using PowerPoint.
- Proven ability to manage reward change initiatives and drive process improvements.
- Team-oriented with experience coaching junior talent and collaborating across HR and business functions.
Rewards Manager employer: Catalyst Partners
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rewards Manager
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in reward management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in compensation and benefits.
✨Tip Number 2
Familiarise yourself with the latest tools and software used in reward management, particularly Workday and Power BI. Consider taking online courses or certifications to enhance your skills and demonstrate your commitment to staying current in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compensation processes or led reward initiatives in previous roles. Highlight your analytical skills and ability to turn data into actionable insights during any interviews or networking conversations.
✨Tip Number 4
Stay updated on regulatory changes and market trends that impact compensation practices. Being knowledgeable about these topics will not only help you in interviews but also position you as a valuable asset to the team at StudySmarter.
We think you need these skills to ace Rewards Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward roles, particularly within financial services. Emphasise your analytical skills and any specific projects where you've successfully managed compensation structures or benchmarking efforts.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the VP, Reward position. Discuss how your background aligns with the key responsibilities outlined in the job description, such as leading annual compensation cycles and developing data insights.
Showcase Your Analytical Skills: Since the role requires a strong analytical mindset, provide examples of how you've used data to drive decision-making in previous positions. Mention your proficiency in Excel and any experience with Power BI to demonstrate your capability.
Prepare for Potential Questions: Anticipate questions related to your experience with compensation frameworks and regulatory compliance. Be ready to discuss how you've handled similar challenges in the past and how you can contribute to continuous improvement in reward processes.
How to prepare for a job interview at Catalyst Partners
✨Know Your Numbers
As a VP, Reward, you'll be expected to handle data with precision. Brush up on your knowledge of compensation structures and market benchmarking. Be prepared to discuss specific examples of how you've used data to drive decision-making in previous roles.
✨Showcase Your Analytical Skills
This role requires a strong analytical mindset. During the interview, highlight your experience with Excel and Power BI. Consider bringing along a portfolio or examples of dashboards you've created that demonstrate your ability to turn data into actionable insights.
✨Communicate Clearly
You'll need to simplify complex data for senior audiences. Practice explaining your past projects and results in a clear and concise manner. Use PowerPoint to illustrate your points if possible, as this will show your ability to present information effectively.
✨Demonstrate Leadership and Teamwork
As you'll be managing and mentoring a Reward Associate, it's important to convey your leadership style. Share examples of how you've coached junior talent and collaborated across HR functions. This will show that you're not only a strong individual contributor but also a team player.
