At a Glance
- Tasks: Lead executive compensation strategies and engage with shareholders to ensure transparency.
- Company: Join a global bank committed to making a positive impact for over 170 years.
- Benefits: Competitive salary, flexible working, generous leave, and wellbeing support.
- Why this job: Shape executive rewards while driving corporate strategy and governance standards.
- Qualifications: Experience in FTSE remuneration and strong analytical skills required.
- Other info: Be part of an inclusive culture that values diversity and personal growth.
The predicted salary is between 43200 - 72000 £ per year.
The Senior Manager, Executive Compensation acts as a trusted internal advisor on the design and administration of compensation for the Group’s executive directors. The role is responsible for managing shareholder engagement on remuneration matters, supporting the Group Remuneration Committee, and ensuring accurate and transparent external disclosures. This position plays a critical role in aligning executive reward structures with corporate strategy, regulatory expectations, shareholder interests, and UK corporate governance standards.
Key Responsibilities
- Strategic Advisory: Act as an internal consultant on the design of new directors’ remuneration policies and operation of the current policy, with responsibility to develop scenarios to support decision making by the Group Remuneration Committee. Work with the Group’s Remuneration Committee external advisors to test and develop new ideas/scenarios for consideration by the Group Remuneration Committee.
- Business & Market Insight: Maintain a strong understanding of the Group’s business strategy, financial performance, and the broader macroeconomic environment. Monitor regulatory, governance, and market developments, assessing implications for executive compensation strategy and disclosure.
- Shareholder & Committee Engagement: Lead the shareholder engagement programme for remuneration, including planning engagement cycles, preparing materials, and analysing potential voting outcomes. Prepare high-quality papers and recommendations for the Group Remuneration Committee, covering executive remuneration proposals, performance outcomes, and long-term incentive plan (LTIP) assessments.
- Incentive Plan Oversight: Oversee executive annual incentive scorecards and LTIP measures, validating performance outcomes at the end of performance cycles. Conduct annual and ad hoc benchmarking exercises for executive directors and senior management, leveraging external market data where appropriate.
- Reporting & Disclosure: Draft the Directors’ Remuneration Report and related executive remuneration disclosures for annual reporting and regulatory announcements. Prepare remuneration-related director confirmations in collaboration with Global Corporate Secretariat.
- Governance & Risk Management: Establish and maintain robust processes to ensure compliance with UK governance standards and external audit requirements. Identify, assess, and manage risks associated with executive compensation design, disclosure, and administration. Ensure full compliance with applicable laws, regulations, and internal codes of conduct.
- Leadership & Talent Development: Provide guidance and mentorship to junior team members, supporting capability development and continuous improvement. Foster a culture of accountability, collaboration, and excellence within the reward function.
Skills and Experience
- Deep expertise and knowledge of FTSE remuneration, UK corporate governance, and shareholder expectations for executive compensation.
- Experience of shareholder engagement and remuneration-related investor communications.
- In-depth knowledge of UK corporate governance and remuneration regulations.
- Experience preparing board-level committee papers and public remuneration disclosures.
- Strong analytical and financial modelling capabilities.
- Strong experience managing long-term incentive plans.
- Excellent stakeholder management and influencing skills.
Qualifications
- Undergraduate degree required, postgraduate qualification desirable.
- Fluency in English (written and verbal).
- Professional qualifications in reward, governance, or finance (advantageous).
About Standard Chartered
We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion. Together we: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do. Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well. Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. 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.
Senior Manager, Executive Compensation in London employer: Standard Chartered
Contact Detail:
Standard Chartered Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager, Executive Compensation in London
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, especially those who might have insights into executive compensation roles. A friendly chat can lead to valuable referrals or insider info about job openings.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s recent performance and governance practices. Show them you’re not just another candidate; you’re someone who understands their business and can contribute to their executive compensation strategy.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you note that highlights a key discussion point. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team at Standard Chartered.
We think you need these skills to ace Senior Manager, Executive Compensation in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in executive compensation and governance. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis and financial modelling, be sure to include examples of how you've successfully used these skills in past roles. We love seeing numbers that tell a story!
Engage with Our Values: Familiarise yourself with our core values and mission. When you write your application, reflect on how your personal values align with ours. We’re all about integrity, collaboration, and continuous improvement, so let that shine through!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Standard Chartered
✨Know Your Stuff
Make sure you have a solid understanding of UK corporate governance and FTSE remuneration practices. Brush up on recent trends in executive compensation and be ready to discuss how they align with the company's strategy and shareholder interests.
✨Engage with Stakeholders
Prepare to talk about your experience in shareholder engagement and how you've successfully communicated remuneration strategies in the past. Think of examples where you've influenced decision-making or navigated complex discussions with stakeholders.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical and financial modelling capabilities. You might be asked to walk through a scenario or case study, so practice explaining your thought process clearly and concisely.
✨Prepare Quality Papers
Since you'll be drafting high-quality papers for the Group Remuneration Committee, think about how you can present your ideas effectively. Bring examples of past reports or presentations that highlight your ability to communicate complex information in an accessible way.