At a Glance
- Tasks: Design and implement innovative reward frameworks in a fast-paced environment.
- Company: Join True Potential, a leading UK Financial Services organisation with a collaborative culture.
- Benefits: Enjoy hybrid flexibility, career progression, and exposure to senior stakeholders.
- Other info: Opportunity for significant personal development and leadership investment.
- Why this job: Shape the future of reward structures and make a real impact in a growing team.
- Qualifications: 4-8 years in Reward, preferably in financial services or regulated sectors.
The predicted salary is between 50000 - 60000 £ per year.
True Potential is a leading UK Financial Services organisation, offering a fantastic opportunity for someone to join an outstanding business based in the North-East. They provide financial advice, investment solutions, and technology-enabled wealth management services to over 500,000 clients.
The Reward Consultant will sit within a newly established Reward function and report directly to the Head of Reward & Policy. The function is currently being built from the ground up, meaning there is a great opportunity to support with the design and implementation of a new reward framework end-to-end.
Key Responsibilities:- Building salary benchmarking frameworks and first-generation pay structures
- Designing and implementing annual and variable pay processes in partnership with Finance
- Supporting Gender Pay Gap reporting and developing long-term pay equity strategy
- Preparing Reward papers and analysis for Remuneration Committee governance
- Supporting FCA-aligned regulatory remuneration requirements, including deferral calculations
- Overseeing benefits administration
- Partnering with the HR Business Partners to embed reward frameworks across the organisation
- Working closely with the Reward & People Data Analyst on data modelling and reporting
- Contributing to broader People initiatives as the function develops
We are looking for a Reward professional who is comfortable working in a fast-moving, evolving environment and enjoys building structure in a green field environment. You will likely bring:
- Around 4–8 years’ experience in Reward (Manager, Senior Analyst or Reward Partner level)
- Experience within financial services or a regulated environment (or closely aligned sector experience such as fintech, insurance, or professional services)
- Strong understanding of core reward principles (benchmarking, pay structures, annual reward cycles)
- Experience partnering with HR and Finance stakeholders
- Good working knowledge of governance or regulatory frameworks (FCA exposure beneficial)
This is a unique opportunity to support the build of a Reward function from scratch in a highly collaborative and hands-on role. Key aspects include:
- A true blank-canvas reward environment with end-to-end ownership potential
- Significant exposure to senior stakeholders and governance processes
- Clear progression pathway into broader People leadership and RemCo exposure over time
- A visible and impactful role within a contained business structure
- Strong leadership investment in development and progression
- Genuine hybrid flexibility
This role is being delivered by Middlemore, a specialist executive search firm focused on HR and central functions recruitment, in partnership with True Potential.
This is an opportunity to step into a formative moment in the development of a Reward function, where your work will directly shape how reward, governance, and pay structures operate going forward. If this sounds in line with your next move, we would love to hear from you.
N.B This role is very flexible in terms of location but there is a requirement to be in Newcastle for a couple of days every 3 weeks.
Reward Consultant in Northumberland employer: Middlemore
True Potential is an exceptional employer that fosters a dynamic and innovative work culture, offering employees the chance to shape a newly established Reward function in a fast-paced financial services environment. With a strong emphasis on professional development, hybrid working flexibility, and significant exposure to senior leadership, this role provides a unique opportunity for meaningful contributions and career progression within a supportive team. Located in Newcastle, employees benefit from a collaborative atmosphere that encourages creativity and growth.