FS Reward Director

FS Reward (Director) Role

Total Reward Lead – Director – Financial Services – London

Base – up to £180,000

EXPERIENCE OF TOTAL REWARD / EXECUTIVE COMPENSATION

The Opportunity

Help with designing, developing, and implementing compensation programmes for the UK Financial Services firm as a subject matter expert. This role will also be required to partner with the Benefits team to share a holistic view of Total Reward. The role will focus on the strategic development of a firm-wide compensation element. There would also be compensation initiatives this role would be responsible for to support the annual pay review process.

Your Key Responsibilities

• Help shape Reward Strategy
• Educates the relevant business stakeholders on the firm’s compensation strategy
• Manage the annual salary review process providing dedicated support for all Financial Services business areas
• Work with Finance and Operations on fixed/variable pay budgets and promotions
• Works with CFO/People Partners to allocate fixed pay budgets that reflect market and model/apply variable pay budgets that reflect firm and individual performance
• Responsible for all REMCO sign offs for the UK FSO firm

Skills And Attributes For Success

• Responsible for managing all aspects of compensation for the UK Financial Services firm
• Responsible for strategically managing one of the following compensation activities; Fixed pay, variable payor employee recognition.
• Engages with senior stakeholders across different business areas to drive the strategy for UK FSO, whilst identifying opportunities to drive consistency, improvement and best practice across the UK firm; maximising investment spend and delivery.
• Builds and maintains credible relationships with specific business areas and Talent/business stakeholders to deliver high standard compensation services
• Collaborates with colleagues to drive consistency and identify simplification opportunities
• Engages with senior leadership including relevant pay boards (UKI Pay Board/FS People Committee/ROI EQV) responding to complex requests
• Partners with Benefits colleagues to help further develop our Total Reward proposition

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