Executive Compensation Manager

Reporting to the Group Reward Director you’ll contribute to the development of, and be responsible for the management and administration of remuneration programmes for Board, ExCo and other Senior Management roles. You’ll work closely with key stakeholders across the Group and external advisers to ensure the executive remuneration framework attracts, retains and motivates top-tier talent whilst complying with regulations, shareholder and other stakeholder interests, and necessary governance practices.

The role will take the lead on preparing all regulatory submissions and disclosures as they relate to remuneration, such as the Directors’ Remuneration Report. It will also lead the preparation of the annual plan and all materials for the Drax Group Remuneration Committee meetings, such as drafting of papers.

This is an individual contributor role which collaborates extensively with cross-function teams (HR, Finance, Company Secretariat, and others) and manages external advisers and vendors. The incumbent in this role will be the Group’s subject matter expert on executive compensation globally (which is principally UK and US for now) and will develop and maintain strong relationships with Senior Management and Board members.

To be successful in this role you’ll have significant previous executive compensation experience in a publicly traded company, or through consulting in a management consultancy or audit firm. A deep understanding of executive compensation principles and practices, governance standards and compliance regulatory requirements, and also of equity-based compensation vehicles with regards to cultural fit, local practices and administration requirements and processes. You’ll ideally have a bachelor’s degree, preferably in HR, Business, Finance, Accounting or a related field.

You’ll possess excellent written and presentation skills (Word and PowerPoint), with extensive experience in writing Remuneration Committee papers and public documents reports and other disclosures. Alongside stellar communication skills with the ability to influence and build relationships with senior leaders and the ability to work in a consultative and collaborative manner with cross-functional teams including HR, Company Secretariat, Finance and Legal.

With a sophisticated knowledge of Microsoft Excel you’ll have excellent analytical skills, with the ability to interpret complex financial data, and excellent organisational and project management skills with high attention to detail. A high level of integrity and discretion when handling confidential information is also required for this position.

As you help us to shape the future, we’ve shaped our rewards and benefits to help you thrive and support

your lifestyle. If successful in this role, you’ll get:

• Salary of £100,000 – £120,000 per annum (dependent on experience)

• A discretionary bonus of up to 40% of base salary depending on company performance

• Rich core benefits including Private Healthcare with Vitality, life assurance and income protection and a range of other benefits also

• SAYE (Sharesave): discretionary scheme from time to time

• Group personal pension plan where we’ll pay up to 10%

• Holiday 25 days plus bank holidays (and option to buy or sell extra days)

• Reimbursement of the cost of your annual membership of one relevant and appropriate professional body

We’re committed to making a tangible impact on the climate challenge we all face. Drax is where your individual purpose can work alongside your career drive. We work as part of a team that shares a passion for doing what’s right for the future. With Drax you can shape your career and a future for generations to come.

Together, we make it happen.

At Drax, we’re committed to fostering an environment where everyone feels valued and respected, regardless of their role. To make this a reality, we actively work to better represent the communities we operate in, foster inclusion, and establish fair processes. Through these actions, we build the trust needed for all colleagues at Drax to contribute their perspectives and talents, no matter their background. Find out more about our approach here.

Talk to us about flexible working!