At a Glance
- Tasks: Manage payroll and benefits, ensuring accuracy and compliance across UK and Jersey entities.
- Company: Join LGT Wealth Management, a forward-thinking firm with a focus on client-first service.
- Benefits: Enjoy competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Be a key player in shaping reward programmes that promote fairness and inclusion.
- Qualifications: Experience in payroll management and strong analytical skills are essential.
- Other info: Dynamic team environment with a commitment to innovation and employee wellbeing.
The predicted salary is between 36000 - 60000 £ per year.
LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT. Our aim is to offer a fresh approach to wealth management. Our head office is based in London, with a presence in Edinburgh, Jersey, Leeds, Birmingham, and Bristol. Our mission is to create long-term value for all stakeholders, and our culture encourages individuals to generate, develop, and implement ideas that strengthen our business.
Our HR team drives people development, culture, and commercial value across the business. We work in close partnership with business leaders, colleagues, and committees, supporting every stage of our people’s experience - from recruitment and onboarding to compensation, development, and wellbeing. Our Reward team focuses on delivering market-leading benefits and developing progressive reward programmes.
Brief Role Objective
As our Reward Manager, you will act as the subject matter expert for all payroll and benefits management across our UK and Jersey entities. You will lead on the day-to-day delivery of our payroll, benefits, and pension offerings, managing relationships with key vendors including ADP, Mercer Marsh, and Aviva. You will also play a central role in supporting and driving reward-related change and implementation projects.
Key Responsibilities
- Payroll: Oversee and reconcile all monthly payroll submissions across UK & Jersey entities, ensuring accuracy and timeliness.
- Process monthly payroll, benefits, and pension reports, coordinating with benefits and pension providers for seamless administration.
- Manage statutory payroll reporting requirements, ensuring full compliance with regulatory standards.
- Deliver payroll and benefit inductions to new joiners and act as the primary point of contact for all related queries.
- Provide expert guidance on parental leave, salary sacrifice, and HMRC-related matters.
- Manage key relationships with benefits and pension vendors, proactively identifying and resolving discrepancies.
- Oversee annual enrolment and rate renewals for our flexible benefits platform (Darwin).
- Lead the testing and rollout of our annual benefits selection window on Darwin.
- Administer the annual Holiday Buy/Sell scheme through our benefits portal.
Reward:
- Work closely with the Head of Reward & HR Transformation, Head of Business Partnering, and Finance to manage our operational annual compensation review processes.
- Provide and adapt compensation review data analysis, highlighting key trends.
- Take a lead role with the Firm’s annual compensation benchmarking and market data exercise analysis.
- Oversee internal salary banding, job profile levelling, and role coding.
- Partner with Group Reward to provide baseline and budgetary information as required.
Regulatory:
- Conduct annual pay gap compensation data analysis and contribute to payroll reporting to support regulatory compliance.
- Action ad hoc visa-related payroll regulatory requirements.
- Lead payroll and benefits audit processes as required.
Projects & Committees:
- Support preparations for the EU Equal Pay Transparency Act.
- Contribute to the design of equal pay analysis in partnership with Group Reward.
- Maintain and develop our UK Compensation & Pay Gap dashboards.
- Play an active role in the wellbeing committee, Enrich.
Your Profile
Key Skills and Technical Requirements
- Proven experience in managing monthly UK payroll submissions.
- Proficient with Microsoft Excel; exposure to Power BI or people analytics tools is advantageous.
- Experience managing or coordinating external relationships with benefit and pension providers.
- Familiarity with flexible benefits platforms (e.g. Darwin) is an asset.
- Understanding of compensation review and salary benchmarking methodologies.
Your Core Competencies and Approach
- Excellent stakeholder management skills.
- Collaborative team player who thrives in a dynamic environment.
- Highly proactive and hands-on.
- Excellent organisational skills, with strong attention to detail.
- Willingness to learn and develop expertise.
Do you feel addressed? Then simply fill out the online application. We look forward to getting to know you.
Reward Manager - 12 month FTC in City of London employer: LGT Group
Contact Detail:
LGT Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Manager - 12 month FTC in City of London
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at LGT Wealth Management. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. LGT is all about transparency, integrity, and collaboration, so think of examples from your past that showcase these traits.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want to see your personality shine through, so don’t just recite rehearsed lines—be yourself!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you’re genuinely interested in the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit.
We think you need these skills to ace Reward Manager - 12 month FTC in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Manager role. Highlight your experience with payroll, benefits management, and any relevant analytical skills. We want to see how your background aligns with our mission and values!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention specific projects or experiences that relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your proficiency with tools like Excel and any experience with compensation benchmarking. We love candidates who can demonstrate their analytical prowess!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you have all the latest info about the role. Plus, we can't wait to get to know you better!
How to prepare for a job interview at LGT Group
✨Know Your Numbers
As a Reward Manager, you'll be dealing with payroll and benefits data. Brush up on your numerical skills and be ready to discuss how you’ve managed payroll submissions in the past. Familiarity with tools like ADP and Excel will definitely give you an edge.
✨Understand the Market
Make sure you’re well-versed in current compensation trends and benchmarking methodologies. Research LGT Wealth Management’s approach to reward programmes and be prepared to share your insights on how you can contribute to their competitive edge.
✨Showcase Your Stakeholder Skills
This role requires excellent stakeholder management. Think of examples where you've successfully built relationships across different teams. Be ready to discuss how you handle conflicts or discrepancies with vendors, as this will demonstrate your collaborative nature.
✨Be Ready for Change
LGT values adaptability and a proactive approach. Prepare to talk about times when you’ve led or contributed to change initiatives in your previous roles. Highlight your willingness to learn and how you stay updated with industry developments, especially regarding regulatory compliance.