Compensation Manager

Key Responsibilities include:

• Implementation of the regulatory requirements for Remuneration Systems under IVV):
• Managing the global compensation reviews and ensuring compliance with specific requirements of the German Banking Act and IVV
• Identifying Material Risk Takers in line with the IVV/RTS
• Understanding and applying deferred compensation systems
• Preparing materials for the Remuneration Committee and Board Meetings
• Responsible for Remuneration Reports and Remuneration Policy
• Conducting Market Benchmark Analysis with external vendors
• Disclosure Management and Regulator Notification
• EMEA and global stakeholder management across the compensation team

Skills, experience, qualifications and knowledge required:

Essential

• Professional Working Experience in Compensation Management and HR in a (foreign-) Bank, international Financial Institution, international Audit Company or an international Compensation Consultancy
• Strong understanding and practical experience of the regulatory requirements for HR in a Bafin-licensed Financial Institution (EBA Guidelines, CRD, RTS, German Banking Act, IVV, MaRisk, MaComp