At a Glance
- Tasks: Design and implement a cutting-edge compensation framework for a dynamic trading firm.
- Company: Join Maven, a leading proprietary trading firm with a start-up vibe.
- Benefits: Competitive salary, annual bonuses, private medical, enhanced pension, and hybrid working options.
- Why this job: Shape the future of compensation in a high-performance environment and make a real impact.
- Qualifications: Experience in compensation or reward, strong analytical skills, and excellent communication.
- Other info: Opportunity for career growth in a collaborative and innovative culture.
The predicted salary is between 36000 - 60000 £ per year.
Maven is a market-leading proprietary trading firm allocating internal capital across discretionary systematic and market‐making strategies. Our collective expertise spans traders, engineers and technologists unified by an unwavering dedication to enhance our efficiency as a premier liquidity provider for globally listed derivatives. We leverage groundbreaking execution and pricing technologies to elevate and improve how financial markets operate. Maven continues to scale its operations while preserving the dynamic energy and innovative culture of a start‐up but without the associated risks.
This newly created role represents a strategic opportunity to build the firm's compensation framework from the ground up. As a Compensation Specialist you will design benchmark and evolve compensation structures that reflect our performance‐driven culture and operational scale.
Key Responsibilities- Build and implement a comprehensive compensation framework to cover fixed pay, variable pay, LTIPs, sign‐ons, benefits and equity.
- Utilise the already established job architecture to support transparent progression and cross‐divisional clarity.
- Develop compensation structures tailored to the distinct needs of Market Making, Multi‐Strategy, Technology and Operational units.
- Conduct benchmarking across peer firms (buyside banks, tech) for comparable trading and quant roles.
- Analyse compensation trends and competitor positioning to inform reward philosophy.
- Model scenarios for new compensation mechanics (e.g., deferrals, clawbacks, risk‐adjusted metrics).
- Own cyclical compensation review processes across the firm including salary reviews, bonus modeling and deferred distributions.
- Ensure documentation is structured effectively and adequately recorded to allow for accurate and timely compensation calculations.
- Partner with Finance to align models with budget and accrual accounting strategy.
- Ensure governance and documentation to support confidentiality, consistency and audit‐readiness.
- Collaborate with the Chief People Officer and ExCo to craft a compelling EVP rooted in company values, competitiveness and career growth.
- Support senior leaders in reward decision‐making and communication.
- Partner with Legal on contractual updates, policy refreshes and regulatory alignment.
- Proven experience in compensation or reward ideally within financial services, proprietary trading or high‐growth tech.
- Strong technical capability in modeling, benchmarking and total reward design.
- Ability to navigate high‐sensitivity data and align frameworks to commercial strategy.
- Experience working across complex or high‐performance environments with diverse role types.
- Excellent written and verbal communication skills, comfortable engaging with ExCo and guiding people managers.
- Excellent attention to detail with a dedication to accuracy, quality and integrity.
- Highly analytical with strong problem‐solving skills and the ability to balance multiple deadlines.
- Strong Excel skills.
As this role defines the compensation structure, the package will reflect seniority, impact and internal parity. Competitive base salary aligned to high‐performance financial services. Annual bonus linked to firm performance and role outcomes. Benefits include private medical, enhanced pension, well‐being support and hybrid working. Flexible compensation components based on experience and value‐add.
Compensation Specialist in London employer: Maven
Contact Detail:
Maven Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their compensation philosophy and be ready to discuss how your skills align with their needs. This shows you're genuinely interested and well-prepared.
✨Tip Number 3
Practice your pitch! Be clear about what you bring to the table as a Compensation Specialist. Highlight your experience in designing compensation frameworks and your analytical skills to impress potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Compensation Specialist in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Compensation Specialist role. Highlight your experience in compensation frameworks and any relevant skills that align with our performance-driven culture. We want to see how you can contribute to our innovative environment!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis and benchmarking, don’t forget to mention your strong analytical capabilities. Share examples of how you've tackled complex problems or improved compensation structures in previous roles. We love seeing those problem-solving skills in action!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's relevant to the role. We appreciate well-structured applications that are easy to read and understand, so make sure your key points stand out!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Maven!
How to prepare for a job interview at Maven
✨Know Your Numbers
As a Compensation Specialist, you'll need to be comfortable with data. Brush up on your Excel skills and be ready to discuss how you've used data analysis in previous roles. Prepare examples of how you've modelled compensation structures or conducted benchmarking.
✨Understand the Market
Familiarise yourself with current compensation trends in financial services and proprietary trading. Research Maven's competitors and be prepared to discuss how their compensation frameworks compare. This shows you're proactive and understand the industry landscape.
✨Communicate Clearly
You'll be engaging with senior leaders and guiding people managers, so practice articulating your thoughts clearly. Prepare to explain complex compensation concepts in simple terms. Consider doing mock interviews to refine your communication style.
✨Showcase Your Analytical Skills
Highlight your problem-solving abilities by preparing scenarios where you've had to analyse compensation data or develop new reward mechanisms. Be ready to discuss how you balance multiple deadlines while maintaining attention to detail—this is crucial for the role.