Compensation Advisor in London

Compensation Advisor in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Société Générale

At a Glance

  • Tasks: Support key compensation processes and analytics with senior stakeholders.
  • Company: Join a leading global financial services firm with a collaborative culture.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity for career growth in a fast-paced, supportive team.
  • Why this job: Make an impact in compensation governance while working with top executives.
  • Qualifications: Strong analytical skills, advanced Excel, and excellent communication abilities.

The predicted salary is between 60000 - 80000 £ per year.

Work closely with the Bernstein Global CEO and Bernstein Deputy CEO, along with other senior stakeholders, to provide support in the management of key ACR processes and analytics, including but not limited to:

  • Determination and distribution of envelopes
  • Benchmarking analysis and transversal reviews of compensation across business lines and countries
  • Liaison with Paris C&B Team
  • Board/management committee sign-off at both a Bernstein UK and Global level
  • Coordination with country Finance teams
  • Coordinating employee communications and payment (including international splits)

Assist in the development and delivery of presentations and communications to key stakeholders both during and outside the ACR. Support in the preparation of Partnership Executive Committee (PEC) meetings where remuneration is discussed. Provide support to Bernstein HR Business Partners globally both during and outside the ACR process. As required, support coordination and provision of information to the central compensation team in Paris on global and local processes. Support the Global Bernstein HR Team with the ongoing development, implementation and administration of compensation programmes and processes (e.g. salary grids and McLagan salary survey submissions). Support in the management of deferred compensation, including administration of legacy SG and Alliance Bernstein deferral schemes, including the production of deferral schedule valuations for HRBPs and employees on an ad-hoc basis. Value buy-out arrangements of unvested deferred compensation from prior employers for candidates globally. Liaise with Payroll team to process deferred bonuses, buy-outs and cash bonuses (including payroll checking). Support with the implementation of 'one-off' compensation arrangements as appropriate. Work closely with the HR Systems team locally and globally to implement compensation information correctly and efficiently on HR Systems (including but not limited to PeopleSoft UK, Cosy).

Work with UK HR/Finance/Risk/Compliance teams and the Compensation & Benefits team in France to manage the day-to-day remuneration-related regulatory governance of SG's UK entities in line with changes in regulation. Maintain the Material Risk Taker (MRT) list for SG's UK entities based on regulatory criteria, working with internal departments and the business to ensure the list is correct. Model the remuneration impact as a result of regulatory requirements and ensure information on this is available as part of the annual compensation review. Manage the governance and agenda of the SG UK Remuneration Committees (Remcos), working with the Compensation Manager, to ensure the smooth and effective running of the Committee and that they are provided with the highest quality input. Produce papers and supporting analytics for the SG UK entities' Remcos. Work with the heads of HR for the SG subsidiary entities in the UK to ensure the Board, Remcos and Executive Committees of these entities are fully aligned with the latest remuneration regulatory approaches. Prepare remuneration disclosures (Remuneration Policy, Remuneration Policy Statement, Pillar 3) for SG's UK entities and assess any gaps in policies that might require process/policy change. Respond to any requests from internal departments, internal audit and regulatory bodies with respect to remuneration topics. Support remuneration governance in other European entities (apart from France) to determine any improvement or gaps, working closely with the local HR.

Qualifications:

  • Computer literate with advanced Excel and PowerPoint skills
  • Advanced numerical and analytical skills
  • Ideally good knowledge of current financial regulatory rules in the compensation area, and their application
  • Ability to work under pressure – professional and confident approach as the job holder will be working in a pressurised environment with multiple tasks likely to be ongoing at any given time
  • Able to apply a sense of urgency when applicable to achieve deadlines and deliver on commitments
  • Highly organised individual with ability to prioritise different tasks effectively and plan for deadlines
  • Has resilience to overcome challenges and setbacks
  • Confident, good presentation with excellent written and verbal communication skills
  • Ability to communicate/convey complex topics in a clear/concise manner
  • Adaptable and creative in their approach
  • Able to understand and grasp complex scenarios quickly and place in the context of their overall role
  • Naturally curious
  • Has an interest in understanding the context of their role in the wider department and makes efforts to achieve this
  • A positive attitude and willingness to go beyond standard expectations when required
  • Self-starter who is able to use their own initiative to proactively improve processes and raise issues that need addressing
  • Meticulous in ensuring their work is accurate to a high standard, attention to detail
  • Teamwork – a team player who is prepared to contribute in all aspects of HR work
  • Demonstrates enthusiasm and a willingness to expand knowledge in new areas whilst retaining responsibility for more day-to-day analytical activities
  • Personal integrity and ability to deal with and be trusted with sensitive information

Compensation Advisor in London employer: Société Générale

At Bernstein, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our Compensation Advisors play a crucial role in shaping our global compensation strategies, supported by a culture of continuous learning and professional development. Located in the heart of the UK, we provide our employees with competitive benefits, a commitment to work-life balance, and the opportunity to engage with senior leadership, ensuring that every team member's contributions are valued and impactful.

Société Générale

Contact Details:

Société Générale Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Compensation Advisor in London

Tip Number 1

Network like a pro! Reach out to people in your industry, especially those who work at companies you're interested in. A friendly chat can lead to insider info and even job referrals.

Tip Number 2

Prepare for interviews by researching the company and its culture. Tailor your answers to show how your skills align with their needs. We want you to shine, so practice common interview questions and have your own ready!

Tip Number 3

Follow up after interviews! A quick thank-you email can keep you on their radar and show your enthusiasm for the role. It’s a small gesture that can make a big difference.

Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.

We think you need these skills to ace Compensation Advisor in London

Advanced Excel Skills
Advanced PowerPoint Skills
Numerical Skills
Analytical Skills
Knowledge of Financial Regulatory Rules
Ability to Work Under Pressure
Organisational Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with compensation processes and analytics. We want to see how your skills align with the responsibilities listed in the job description.

Showcase Your Skills:Don’t forget to emphasise your advanced Excel and PowerPoint skills! Mention any relevant projects or experiences that demonstrate your analytical abilities and how you’ve tackled complex scenarios in the past.

Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to convey your thoughts, especially when discussing your experience with regulatory governance and remuneration topics. We appreciate a well-structured application!

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Société Générale

Know Your Numbers

As a Compensation Advisor, you'll be dealing with a lot of data and analytics. Brush up on your advanced Excel skills and be prepared to discuss how you've used data to influence compensation decisions in the past. Bring examples of benchmarking analysis or salary grids you've worked on.

Understand Regulatory Frameworks

Familiarise yourself with current financial regulatory rules related to compensation. Be ready to discuss how these regulations impact remuneration processes and how you've navigated compliance in previous roles. Showing that you can model remuneration impacts will set you apart.

Communicate Clearly

You'll need to convey complex topics simply and effectively. Practice explaining intricate compensation scenarios in a straightforward manner. During the interview, focus on your communication style and ensure you articulate your thoughts clearly, especially when discussing past experiences.

Show Your Team Spirit

This role requires collaboration with various teams, so highlight your teamwork skills. Share examples of how you've worked with HR, Finance, or Compliance teams to achieve common goals. Emphasise your adaptability and willingness to contribute beyond your immediate responsibilities.