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 employee wellbeing and development.
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 is to offer a fresh approach to wealth management. 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.
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.
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.
- Process and record all benefit vendor invoices, ensuring accuracy and timely payment.
- 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.
- Keep the benefits portal updated with all starters, leavers, and compensation‐related changes.
- 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.
- Collate, validate, and submit annual compensation data to McLagan.
- Partner with Group Reward to provide baseline and budgetary information.
- Regulatory
- Conduct annual pay gap compensation data analysis.
- Action ad hoc visa‐related payroll regulatory requirements.
- Partner with Group HR and HRBP teams to manage international assignments.
- 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.
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.
- Experience working in a regulated environment, such as financial services, is helpful.
Your Core Competencies and Approach
- Excellent stakeholder management.
- Collaborative team player who thrives in a dynamic environment.
- Highly proactive and hands‐on.
- Excellent organisational skills, with strong attention to detail.
- Adaptable and solutions‐focused.
- Willingness to learn and develop expertise.
Interested in the role? Complete the online application. We look forward to getting to know you.
Reward Manager - 12 month FTC in London employer: LGT Vestra LLP
Contact Detail:
LGT Vestra LLP 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 the industry, attend events, and connect with current employees at LGT Wealth Management. You never know who might give you a heads-up about an opportunity or refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. LGT is all about belonging, respect, and integrity, so think of examples from your past that showcase these traits. Show them you’re a perfect fit!
✨Tip Number 3
Practice your answers to common interview questions, especially those related to payroll and benefits management. Be ready to discuss your experience with vendors like ADP and Mercer Marsh, as well as your analytical approach to compensation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the team at LGT Wealth Management.
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 tools like ADP or Excel. We want to see how your skills align with our needs!
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 your background makes you a perfect fit for our team. Keep it engaging and personal – we love a good story!
Showcase Your Analytical Skills: Since the role involves compensation analytics and benchmarking, be sure to mention any relevant experience you have in these areas. We’re looking for someone who can bring data-driven insights to the table, so don’t hold back!
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’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at LGT Vestra LLP
✨Know Your Numbers
As a Reward Manager, you'll be dealing with payroll and benefits data daily. Brush up on your numerical skills and be prepared to discuss how you’ve used data analytics in previous roles. Familiarise yourself with key metrics and trends in compensation to show you’re on top of your game.
✨Understand the Company Culture
LGT Wealth Management values integrity, respect, and collaboration. Research their culture and think about how your personal values align with theirs. Be ready to share examples of how you've embodied these values in your past work experiences.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around payroll discrepancies or vendor management. Prepare specific examples from your experience where you successfully navigated challenges in these areas, showcasing your analytical and proactive approach.
✨Showcase Your Stakeholder Management Skills
This role requires excellent stakeholder management. Think of instances where you’ve built strong relationships with vendors or internal teams. Be ready to discuss how you’ve communicated effectively and resolved conflicts, as this will demonstrate your collaborative nature.