At a Glance
- Tasks: Shape the future of banking compensation and rewards through innovative consulting projects.
- Company: Join a leading firm dedicated to transforming the banking sector.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for growth and learning.
- Why this job: Make a real impact in the banking industry while developing your expertise.
- Qualifications: Degree in a numerate discipline and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
Are you passionate about shaping the future of compensation and rewards in the banking sector? If so, we have an exciting opportunity for you! We are currently seeking a Reward Consultant to join our Rewards Solutions practice in the London office. As a Reward Consultant, you will play a key role in developing and executing annual compensation studies, relationship management while also identifying and driving consulting and advisory projects focused on the banking sector and clients. Join us and be part of a team that is dedicated to delivering innovative solutions and making a difference in the industry.
About the Role
- Owning and developing client relationships in the Banking sector in the UK, including client servicing, identifying new opportunities and new clients onboarding.
- Working in conjunction with the Aon team internationally to service global clients and International Banks with a presence in the UK.
- Client advisory projects including competitive market positioning, trends, executive compensation benchmarks, incentive review/design, workforce planning, job architecture and job grading, market practice studies etc.
- Market research and analysis.
- Working on projects that develop and implement client reward strategies that link to business strategy.
- Help manage Aon's Banking network for reward and HR heads, organising regular events (roundtables, webinars etc.) and sector-specific studies throughout the year.
- Create and support the technical, statistical and graphical content of consulting projects, compensation studies and network presentations.
- Project and process management.
- Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks that may adversely affect the business, interests or reputation of any Group Company.
How is this Opportunity Different
The Reward Solutions team is part of the wider Human Capital Solutions practice, who provide a portfolio of Rewards, Assessment and Performance solutions, fuelled by expert advisors and proprietary people data and analytics, that help clients deliver sustained business performance through their people.
Skills and experience that will lead to success
- A thorough understanding of compensation and the issues affecting reward structures.
- Ability to master a specific area of expertise e.g. knowledge of banks / financial services.
- Be a person that more junior staff can learn from and takes a proactive role in sharing experience and expertise.
- Driven in client service, origination, and delivers results orientated solutions to often complex problems.
- Able to develop business by understanding a client's requirements and tailoring approach.
- Manages client relationships utilising resources where appropriate (junior staff, senior experts, technology).
- Prioritising requests and managing client's expectations.
- Degree qualified, preferably in a numerate discipline or equivalent.
- Proven and accurate analytical skills including Advanced Excel skills.
- Experience with data analysis and a range of modelling techniques.
- Excellent interpersonal skills including strong presentation skills, both verbal and written (advanced PowerPoint skills would be an advantage).
- Ability to work effectively in a team and individually.
- Fluent in English.
Reward Consultant - Banking in London employer: Stryker Corporation
Join a leading firm in the banking sector that values innovation and collaboration, where as a Reward Consultant in our London office, you will have the opportunity to shape compensation strategies for top-tier clients. Our inclusive work culture fosters professional growth through mentorship and continuous learning, while our commitment to employee well-being is reflected in our comprehensive benefits package. Experience the unique advantage of working in a dynamic environment that not only prioritises client success but also invests in your career development.
StudySmarter Expert Advice🤫
We think this is how you could land Reward Consultant - Banking in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking sector. Attend industry events, webinars, and roundtables to meet potential employers and showcase your expertise.
✨Tip Number 2
Showcase your skills! Create a portfolio that highlights your analytical skills and past projects related to compensation and rewards. This will give you an edge when discussing your experience with potential employers.
✨Tip Number 3
Be proactive in your job search! Don’t just wait for job postings; reach out to companies directly through our website. Express your interest in their work and how you can contribute as a Reward Consultant.
✨Tip Number 4
Prepare for interviews by researching the latest trends in compensation and rewards within the banking sector. Being knowledgeable about current market practices will impress interviewers and show your passion for the role.
We think you need these skills to ace Reward Consultant - Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Reward Consultant. Highlight your experience in compensation and rewards, especially in the banking sector. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for shaping compensation strategies and your understanding of the banking industry. Let us know why you’re the perfect fit for our team at StudySmarter.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your analytical skills and any relevant experience with tools like Excel. We love seeing how you’ve used data to drive decisions in past roles!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Stryker Corporation
✨Know Your Numbers
As a Reward Consultant, you'll need to demonstrate your understanding of compensation structures. Brush up on key metrics and trends in the banking sector. Be ready to discuss how you would approach compensation studies and market analysis.
✨Showcase Your Client Management Skills
Client relationships are crucial in this role. Prepare examples of how you've successfully managed client expectations and developed relationships in previous roles. Highlight your proactive approach to identifying new opportunities.
✨Demonstrate Analytical Prowess
With advanced Excel skills being a must, be prepared to discuss your experience with data analysis and modelling techniques. You might even want to bring along a sample of your work to showcase your analytical capabilities.
✨Engage with Industry Trends
Stay updated on the latest trends in compensation and rewards within the banking sector. Be ready to discuss how these trends could impact clients and how you would advise them accordingly. This shows your passion for the field and your commitment to delivering innovative solutions.
