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- Tasks: Lead reward strategies and ensure compliance with UK and European remuneration regulations.
- Company: Join a leading global financial services business with over 60,000 staff.
- Benefits: Competitive salary of c£230,000, hybrid working, and opportunities for professional growth.
- Why this job: Be the key reward specialist influencing senior leadership and shaping compensation frameworks.
- Qualifications: Extensive experience in remuneration regulation and strong stakeholder management skills.
- Other info: Work in a dynamic environment with significant visibility and impact across the organisation.
I am delighted to be retained to support a leading global FS business (60k+ staff) to secure a pivotal role in their London office. Operating as the most senior reward specialist across the UK and Europe, this role functions as the effective local Head of Reward, with significant visibility to senior leadership, Board-level committees, and the Group RemCo. The Senior Reward Manager (UK & Europe) is responsible for ensuring full compliance with UK and European remuneration regulations, including PRA, FCA and EBA requirements. The position also serves as the primary link to Group stakeholders, ensuring alignment of frameworks, governance standards, and strategic priorities across jurisdictions.
Key Responsibilities
- Oversee all reward, benefits, and payroll processes in line with the PRA Remuneration Rulebook for a level two firm.
- Lead all remuneration regulatory disclosures and submissions, including RPS, high earners, Pillar 3 and gender pay gap reporting.
- Manage and maintain the MRT Identification process for the UK, ensuring adherence to policy and maintaining a clear audit trail of decisions.
- Coordinate the annual MRT Identification Report and associated reviews with Risk, Compliance and other stakeholders.
- Attend and manage meeting schedules, agendas, documentation and approvals for UK & Europe RemCo (c6 per year), as well as draft submissions to the Group RemCo.
- Oversee local regulatory reporting and maintain key documentation, committee papers and minutes to demonstrate compliance.
- Lead the annual remuneration review process and support the development and application of remuneration frameworks, including bonus pool considerations and risk adjustments.
- Act as a strategic advisor to senior management and the RemCo on complex compensation matters.
- Provide technical guidance and bespoke solutions to stakeholders on advanced reward topics.
- Represent the bank at industry reward round tables and networking events.
- Develop HR and Compensation MI reporting capabilities, ensuring stakeholders have access to robust dashboards and analytics.
Candidate Profile
- Significant experience in MRT identification, management and reporting.
- Strong technical expertise in UK remuneration regulation and a solid understanding of European requirements.
- Demonstrable exposure to, and attendance at, RemCo.
- Excellent stakeholder management skills and the ability to balance regulatory obligations with Group strategy.
Location
Bank / St Paul’s, London Hybrid working: 3 days in the office, 2 days from home.
Please contact Peter Francis at Frazer Jones for a confidential discussion on this opportunity.
Senior Reward Manager (UK & Europe) c£230,000 (TC) employer: Maximum ManagementFrazer Jones USA
Contact Detail:
Maximum ManagementFrazer Jones USA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reward Manager (UK & Europe) c£230,000 (TC)
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We can’t stress enough how important it is to make those personal connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and tailoring your responses to highlight your experience in reward management. Show them you’re not just a fit for the role, but for their team too!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from your conversation to remind them why you’re the perfect candidate for the Senior Reward Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re always looking for talented individuals who can bring their expertise to our team.
We think you need these skills to ace Senior Reward Manager (UK & Europe) c£230,000 (TC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Reward Manager role. Highlight your experience with UK and European remuneration regulations, and don’t forget to showcase your stakeholder management skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that align with the job description, especially around MRT identification and compliance. We love a good story!
Showcase Your Technical Expertise: In your application, be sure to highlight your technical expertise in remuneration regulations. We’re looking for someone who can navigate complex compensation matters with ease, so don’t hold back on sharing your knowledge and experience!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get the best experience possible. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Maximum ManagementFrazer Jones USA
✨Know Your Regulations
Make sure you brush up on UK and European remuneration regulations, especially the PRA, FCA, and EBA requirements. Being able to discuss these confidently will show that you're not just familiar with the rules but can also navigate them effectively.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've managed relationships with senior leadership and other stakeholders in previous roles. Highlighting your experience in balancing regulatory obligations with strategic goals will demonstrate your ability to act as a strategic advisor.
✨Be Ready for Technical Questions
Expect to dive deep into technical aspects of reward management, including MRT identification and remuneration frameworks. Brush up on your knowledge and be prepared to provide bespoke solutions to complex compensation matters.
✨Engage with Real-World Scenarios
Think about recent industry trends or challenges related to reward management. Being able to discuss these topics during your interview will not only showcase your expertise but also your passion for the field and your readiness to represent the bank at industry events.
