Compensation Manager - Financial Services in City of London

Compensation Manager - Financial Services in City of London

City of London Full-Time On-site
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An international, City of London based financial services business have a newly created role available - Compensation Manager.

This is a hands-on Compensation Manager role which will partner closely with senior leaders and take full ownership of compensation processes for designated business areas.

This is a highly practical, delivery-focused role. You will not just advise - you will actively own forecasting, modelling, analysis, data management and the end-to-end execution of the annual compensation cycle.

Key responsibilities include:

  • Acting as the primary compensation partner for designated departments, providing direct insight and challenge to senior management up to ExCo level
  • Owning the full compensation forecasting process, including detailed reconciliation of forecast versions and variance analysis versus actuals
  • Building compensation models to support hiring decisions, organisational changes and scenario planning
  • Running the annual compensation round end-to-end: gaining approval for base pay increases, managing profit pools, facilitating department and individual allocations, and administering payments
  • Coordinating market survey participation, analysing results and conducting formal job evaluation studies
  • Preparing special studies and recommendations on base pay, variable pay, equity and related programmes
  • Creating management and employee communication materials, including Compensation and Total Reward Statements
  • Reviewing and drafting compensation wording for employment offer letters and contracts
  • Compiling data and drafting content for public disclosures, regulatory responses and client RFPs
  • Preparing board materials as required

About you:

  • Bachelor's degree in Finance, Economics or equivalent, or significant relevant experience
  • Proven experience partnering with senior management up to ExCo level
  • Strong FP&A, management reporting or business partnering background across multiple functions
  • Highly analytical with the ability to handle large volumes of data accurately
  • Advanced Excel and PowerPoint skills
  • Excellent attention to detail, communication and organisational skills
  • Comfortable working hands-on while also thinking strategically
  • Knowledge of compensation practices, laws and regulations
  • Experience with Power BI, Anaplan or similar tools
  • Investment management industry background

This role suits someone who enjoys getting stuck into the detail, owning processes from start to finish, and delivering high-quality, accurate work under pressure.

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Compensation Manager - Financial Services in City of London employer: Oakleaf Partnership

Join a prestigious five-star luxury hospitality group in Knightsbridge, London, where you will thrive in a dynamic and inclusive work culture that prioritises employee engagement and development. As a People and Talent Specialist, you will have the opportunity to manage the full recruitment lifecycle while contributing to innovative talent initiatives, all within a supportive environment that values passion, personality, and creativity. With competitive daily rates and the flexibility of working from home on Fridays, this role offers a unique chance to grow your career in a high-profile organisation committed to excellence.

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Contact Details:

Oakleaf Partnership Recruitment Team