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 strong leadership support.
- Other info: Unique opportunity to build a Reward function from scratch.
- Why this job: Shape the future of reward structures and make a real impact.
- Qualifications: 4-8 years in Reward, preferably in financial services or regulated sectors.
The predicted salary is between 50000 - 60000 £ per year.
True Potential Newcastle: on a hybrid basis with flexibility (time in office every 2-3 weeks approx). We’re delighted to be partnering with True Potential, a leading UK Financial Services organisation, on the hire of a newly created Reward Consultant role. A fantastic opportunity for someone to join an outstanding business based in the North-East.
True Potential is an innovative & exciting business who provide financial advice, investment solutions, and technology-enabled wealth management services to over 500,000 clients. They combine regulated financial advice with proprietary technology to help clients achieve long-term financial goals. This is a highly entrepreneurial, fast-paced environment where the people function is currently undergoing growth and transformation.
The Opportunity
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
About You
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)
What This Role Offers
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
Working in Partnership
This role is being delivered by Middlemore, a specialist executive search firm focused on HR and central functions recruitment, in partnership with True Potential. Middlemore is supporting the identification and assessment of all candidates for this appointment.
Why Apply?
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.
Reward Consultant in Sunderland employer: Middlemore
True Potential is an exceptional employer that fosters a dynamic and innovative work culture, offering employees the chance to shape a new Reward function from the ground up. With a strong emphasis on professional development, hybrid working flexibility, and significant exposure to senior leadership, this role provides a unique opportunity for growth in a fast-paced financial services environment. Join a team that values collaboration and creativity, where your contributions will have a direct impact on the organisation's success.
StudySmarter Expert Advice🤫
We think this is how you could land Reward Consultant in Sunderland
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Reward Consultant role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in building pay structures and your understanding of governance frameworks. We want them to see how you can contribute to their new Reward function!
✨Ask Smart Questions
During interviews, don’t just answer questions—ask them too! Inquire about their current reward strategies and how they envision the new framework. This shows you're genuinely interested and ready to dive into the role.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to support you every step of the way in your job search journey.
We think you need these skills to ace Reward Consultant in Sunderland
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reward Consultant role. Highlight your experience in building salary frameworks and working with HR and Finance stakeholders. We want to see how your background aligns with what True Potential is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this opportunity and how you can contribute to building the new Reward function. Let us know what makes you the perfect fit for this role.
Showcase Relevant Experience:When filling out your application, be sure to showcase your experience in financial services or regulated environments. Mention any specific projects or achievements that demonstrate your understanding of core reward principles and governance frameworks.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets into the right hands. Don’t miss out on this fantastic opportunity!
How to prepare for a job interview at Middlemore
✨Know Your Reward Principles
Make sure you brush up on core reward principles like salary benchmarking and pay structures. Being able to discuss these concepts confidently will show that you understand the fundamentals of the role and can contribute to building a new reward framework.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your experience in financial services or regulated environments. Discuss how you've partnered with HR and Finance stakeholders, as this will demonstrate your ability to work collaboratively in a fast-paced setting.
✨Understand Governance Frameworks
Familiarise yourself with governance and regulatory frameworks, especially those related to FCA requirements. Being able to speak about your knowledge in this area will set you apart, as it’s crucial for the Reward Consultant role.
✨Ask Insightful Questions
Prepare thoughtful questions about the new Reward function and its goals. This shows your genuine interest in the role and helps you gauge how you can best contribute to the team as they build from the ground up.
