At a Glance
- Tasks: Manage payroll and benefits, ensuring accuracy and compliance across UK and Jersey entities.
- Company: Join a prestigious wealth management firm owned by the Princely Family of Liechtenstein.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Be a key player in shaping reward programmes and driving positive change in a dynamic environment.
- Qualifications: Experience in payroll management and strong analytical skills are essential.
- Other info: Collaborative culture with a focus on 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, which is in turn owned by the Princely Family of Liechtenstein. Our aim was to offer a fresh approach to wealth management. Our head office is based in London; however, we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values.
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 & onboarding to compensation, development and wellbeing. We are collaborative, commercial and agile - proactive ambassadors for LGT's culture, always seeking modern ways to support our people to be at their best and drive business transformation.
Our Reward team focuses on delivering market leading benefits and developing progressive reward programmes, consistently enabling data/technology led standards in compensation, benchmarking, and analytics. The team plays a key role in our wider inclusion and wellbeing programmes, partnering across the Firm to embed positive culture engagement.
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. In addition, you will be a key contributor to managing our annual compensation reviews, combining operational process excellence with comprehensive salary benchmarking and market analysis in close partnership with McLagan. Your analytical approach will help ensure our programmes are competitive and grounded in robust market data. You will also play a central role in supporting and driving reward-related change and implementation projects, helping ensure our reward offering remains visible, competitive, and aligned to our business strategy. Alongside this, you will conduct annual pay gap analysis and provide timely compensation analytics, supporting our commitment to fairness and inclusion.
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, supplying schedules, management information, and reports as needed.
- Manage key relationships with benefits and pension vendors, proactively identifying and resolving benefit or pension discrepancies.
- Process and record all benefit vendor invoices, ensuring accuracy and timely payment.
- Oversee annual enrolment and rate renewals for our flexible benefits platform (Darwin), coordinating across insurance and health-based benefit schemes.
- Lead the testing and rollout of our annual benefits selection window on Darwin, guaranteeing a smooth employee experience.
- Keep the benefits portal updated with all starters, leavers, and compensation-related changes, maintaining data integrity.
- Administer the annual Holiday Buy/Sell scheme through our benefits portal, ensuring adherence to policy and deadlines.
- Reward
- Work closely with the Head of Reward & HR Transformation, Head of Business Partnering and Finance to manage our operational annual compensation review processes across the Firm.
- Provide and adapt compensation review data analysis, highlighting key trends to support the Firm's approach to pay for performance whilst ensuring fairness and integrity with our compensation award outcomes.
- Take a lead role with the Firm's annual compensation benchmarking and market data exercise analysis, working closely with McLagan and our key recruitment partners.
- Oversee internal salary banding, job profile levelling, and role coding to maintain consistency between our internal frameworks and external market benchmarks.
- Collate, validate, and submit annual compensation data to McLagan, working with the HRBP team to ensure correct coding and data integrity.
- Partner with Group Reward to provide baseline and budgetary information as required.
- Regulatory
- Conduct annual pay gap compensation data analysis (across gender, ethnicity, and socioeconomic demographics) and contribute to payroll reporting to support regulatory compliance.
- Action ad hoc visa-related payroll regulatory requirements within UK Home Office timeframes.
- Partner with Group HR and HRBP teams to manage international assignments, ensuring all related tax matters are addressed accurately and consistently, in cooperation with external tax and legal advisors.
- 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.
- Establish wellbeing and health-based metrics aligned to the Firm's broader people strategy.
- Support the rollout of Pension Governance initiatives.
- Play an active role in the wellbeing committee, Enrich, ensuring our benefits and wellbeing offering reflect Enrich's strategic priorities.
- Lead on event communications and host wellbeing and benefits-related events.
Your profile
Key Skills and Technical Requirements
- Proven experience in managing monthly UK payroll submissions (ADP experience would be beneficial).
- Proficient with Microsoft Excel (including pivot tables); 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.
- Experience working in a regulated environment, such as financial services, is helpful.
Your Core Competencies and Approach
- Excellent stakeholder management: approachable, responsive, and adept at building relationships across all business areas and management levels.
- Collaborative team player who thrives in a dynamic, changing environment.
- Highly proactive and hands-on, comfortable taking ownership and delivering outcomes at pace.
- Excellent organisational skills, with strong attention to detail and a commitment to data accuracy.
- Adaptable and solutions-focused, with a positive attitude towards change and continuous improvement.
- Willingness to learn, develop expertise, and support broader HR transformation and analytics initiatives.
Do you feel addressed? Then simply fill out the online application. We look forward to getting to know you.
Transparency is important to us. That is why you will find everything that matters to us on our website – plus everything you should know about us before you meet us in person, open an account or apply for a job.
Reward Manager - 12 month FTC in 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 London
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Show them you’re not just a fit for the role, but for their team too. We want to see your personality shine!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a nice touch!
We think you need these skills to ace Reward Manager - 12 month FTC in 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 seeing 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, it shows you’re keen on joining our team!
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 regularly. Brush up on your numerical skills and be prepared to discuss how you’ve managed payroll submissions in the past. Familiarise yourself with key metrics and benchmarks relevant to the role.
✨Showcase Your Stakeholder Management Skills
This role requires excellent stakeholder management. Think of examples where you've successfully built relationships with vendors or internal teams. Be ready to share how you navigated challenges and maintained strong communication.
✨Understand the Regulatory Landscape
Since this position involves compliance with regulatory standards, make sure you’re up to date with the latest regulations affecting payroll and benefits. Prepare to discuss how you’ve ensured compliance in previous roles and any experience you have with audits.
✨Demonstrate Your Analytical Mindset
Analytical skills are crucial for this role, especially when it comes to compensation reviews and benchmarking. Be prepared to talk about how you’ve used data to drive decisions in your previous positions. Bring examples of reports or analyses you've conducted that had a positive impact.