Senior Manager, Deferred Compensation in London

We are seeking an exceptional Senior Manager, Deferred Compensation to lead the end-to-end governance and delivery of our global deferred compensation and equity programmes. This is a highly visible role sitting within the Compensation function (Performance, Reward & Benefits), offering the opportunity to shape strategy, strengthen governance frameworks, and influence senior stakeholders across HR, Finance, Treasury and Corporate Secretariat. You will play a critical role in ensuring our reward structures are robust, compliant, competitive and aligned with the Bank’s strategic objectives—while delivering a best‑in‑class employee experience.

Key Responsibilities

• Strategic Leadership & Governance
  • Lead governance and oversight of all deferred compensation and equity plans across the Group.
  • Ensure compliance with regulatory requirements, including statutory disclosures and remuneration reporting.
  • Challenge and enhance control frameworks to strengthen risk management and governance effectiveness.
• End‑to‑End Compensation Management
  • Oversee the full lifecycle of deferred compensation processes, including award design implementation, vesting, settlement and reporting.
  • Lead operational delivery, ensuring accuracy, efficiency and regulatory alignment across all processes.
• Financial Oversight & Expertise
  • Partner with Finance on accounting impacts, including IFRS2 reporting (IFRS2: international accounting standard governing share‑based payments).
  • Collaborate with Treasury on forecasting Employee Benefit Trust funding requirements, hedging strategies and capital management.
• Stakeholder Engagement
  • Partner with senior stakeholders across HR, Finance, Legal, Risk and Compliance.
  • Support executive and regulatory forums, including Remuneration Committees and disclosure requirements.
  • Build and manage relationships with external vendors, regulators and auditors.
• Process Excellence & Innovation
  • Continuously enhance deferred compensation processes, policies and systems to drive efficiency and improve employee experience.
  • Monitor market trends and competitor practices to ensure best‑in‑class programme design.

Skills And Experience

• Technical Expertise
  • Deep expertise in equity and deferred compensation plan mechanics (end‑to‑end).
  • Strong knowledge of regulatory, tax and disclosure requirements.
  • Core understanding of financial accounting, particularly IFRS2.
  • Experience in share plan funding, hedging and capital management.
• Leadership & Behavioural Skills
  • Strategic mindset with the ability to influence at executive level and build best‑in‑class employee experience.
  • Strong decision‑making and problem‑solving capability.
  • Proven ability to lead teams and develop talent.
  • Excellent stakeholder management and collaboration skills.

What We Offer

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.