At a Glance
- Tasks: Support benefits administration and payroll operations for EMEA employees.
- Company: Join a dynamic hedge fund with a focus on employee well-being.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Collaborative environment with potential for career advancement.
- Why this job: Make a real impact on employee satisfaction and financial wellness.
- Qualifications: Knowledge of UK benefits and payroll, strong attention to detail.
The predicted salary is between 40000 - 55000 £ per year.
The Role
As the Compensation & Benefits Associate, you will support benefits administration, assist with compensation processes, and contribute to payroll operations for Schonfeld's EMEA employees. You will be a day-to-day contributor across our benefits programmes, supporting on annual compensation cycles, and a reliable partner on payroll ensuring each cycle runs accurately and on time. You will work closely with HCM, Accounting, and Legal, as well as external brokers, vendors, and payroll providers.
What You’ll Do
- Benefits Administration
- Assist with the administration of employee benefits, including private medical, life insurance, group income protection and pension.
- Support the full employee benefits lifecycle: enrolments, changes, leavers, and qualifying life events.
- Support benefits onboarding for new joiners and offboarding for leavers, ensuring accurate and timely processing.
- Track invoices and payments across all benefits providers and process medical insurance payments.
- Support pension administration: new joiner set-ups (auto-enrolment, opt-ins/opt-outs).
- Payroll/Compensation Operations
- Support end-to-end payroll processing in partnership with the local payroll provider, using ADP and Workday.
- Prepare payroll inputs each cycle, including new hires, leavers, salary changes, and benefits-related adjustments.
- Conduct payroll audits and reconciliations to ensure data accuracy and integrity across systems.
- Maintain audit-ready payroll records, including clear documentation of processes and controls and support internal and external audits across all countries.
- Assist with payrolling of benefits and pension contributions.
What You’ll Bring
What you need:
- Working knowledge of UK statutory benefits and payroll requirements (HMRC, auto-enrolment).
- Experience maintaining relationships with benefits brokers and vendors.
- Comfortable working across multiple HR and payroll systems (e.g. Workday, ADP).
- Strong attention to detail and high standards for data accuracy and confidentiality.
- Clear written and verbal communication skills.
- Proficiency in Microsoft Excel for analysis and reporting.
We’d love if you had:
- Experience with European and South America benefits administration with exposure to payroll operations.
- Working experience at a hedge fund and/or in the financial services industry.
Rewards Associate employer: Schonfeld
At Schonfeld, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Rewards Associate, you will benefit from comprehensive employee benefits, professional development opportunities, and a supportive environment that values your contributions. Located in the heart of EMEA, our team is dedicated to ensuring that every employee feels valued and empowered to grow within the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Rewards Associate
✨Join HR Networks
Get involved in HR-specific communities, like the Chartered Institute of Personnel and Development (CIPD) and local HR meetups. This is a fantastic way to connect with industry professionals and learn about job openings before they even hit job boards!
✨Make Your Presence Known
Attend HR conferences and workshops in your area to network with potential employers. Don't be shy—introduce yourself, exchange business cards, and let them know you're keen on a full-time role in HR. Who knows, you might just land a friendly face at Schonfeld!
✨Leverage Your University Connections
If you’re a recent grad or still in uni, tap into your career services and alumni network. Many universities have connections with companies looking for HR talent, so get those leads and apply through our website for a smoother application process.
✨Showcase Your HR Passion
Create content around HR topics you’re passionate about, like employee engagement or diversity initiatives. Share articles or insights on LinkedIn to demonstrate your knowledge and get noticed by recruiters. It’s a subtle yet effective way to show you’re the right fit for a full-time role at Schonfeld.
We think you need these skills to ace Rewards Associate
Some tips for your application 🫡
Show Off Your HR Skills:When you’re crafting your CV, make sure you highlight specific HR skills that are relevant to the role at Schonfeld. Include any experience with recruitment processes, employee relations, or performance management, and don’t forget to mention your familiarity with HR software or tools that could give you an edge.
Tailor Your Cover Letter:Your cover letter is your chance to shine, so tailor it to Schonfeld and the specific HR role. Highlight your passion for people management and how your unique approach can help foster a positive workplace culture. Be sure to sprinkle in examples from your past experiences that illustrate your problem-solving abilities and interpersonal skills.
Include Relevant Certifications:If you’ve got any HR certifications or relevant training under your belt, be sure to showcase them! These qualifications can really set you apart from other candidates when applying for this full-time HR position at Schonfeld. List them prominently on your CV to catch the hiring manager's eye.
Align with Company Culture:Make sure your application speaks to Schonfeld's values and culture. Research the company and align your experiences or values with what they stand for. This will show them that you're not only a fit for the role but also for the overall vibe of the team and organisation.
How to prepare for a job interview at Schonfeld
✨Brush Up on HR Best Practices
As you're diving into human resources, it’s crucial to be well-versed in the latest HR practices and legislation. Get familiar with key topics like employee engagement, talent acquisition, and diversity initiatives, as these could easily pop up in your interview with Schonfeld.
✨Know Your Recruitment Tools
Most HR roles involve using various recruitment tools and ATS (Applicant Tracking Systems). Make sure you can comfortably discuss platforms like Workday or Greenhouse. If you've had direct experience, share those examples; if not, show your eagerness to learn!
✨Highlight Your People Skills
A full-time HR role at Schonfeld will require strong interpersonal skills. Prepare to share stories that demonstrate how you’ve successfully navigated conflicts or supported team members in past experiences. Authenticity goes a long way in this field.
✨Stay Current with HR Trends
Being up to speed with current HR trends, like remote working protocols or mental health initiatives, can set you apart. Be ready to discuss how these trends could impact Schonfeld and how you would contribute to adapting HR strategies.
