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Senior Reward Manager

Employer
Oakleaf Partnership
Location
City of London, England
Salary
Negotiable
Closing date
9 Aug 2022

Job Details


This role reports to the Head of Executive Compensation and Remuneration Regulations and is responsible for:

Reward Partnership - to the global business including supporting the design and implementation of global reward initiatives, providing reward solutions, delivering the end-to-end Annual Compensation Review and managing package proposals for senior managers

  • Reward Governance - managing the preparation and submission of Management Board and RemCo papers
  • Reward Modelling - contributing to the development and application of the organisations bonus funding model
  • Reward Partnering
  • Acts as the Global Reward Partner across a number of specialisms of Reward such as Reward Policy & Governance, Grading and Job Evaluation, Pay Management, Regulations and Share plans
  • Provide technical reward expertise to the global business
  • Works closely with the Head of their wholesale business to support the delivery of core reward processes including the Annual Compensation Review.
  • Build, test and implementation of the Allocation Model
  • Support HR teams in an advisory role on senior hiring, terminations and retention cases
  • Responsible for implementing global P&R initiatives
  • Contribute to the design and development of broader Global Performance & Reward projects and initiatives.

Reward Governance

  • Lead advice on and submission of papers for the Management Board and Remuneration Committee of the Board, in particular the Identified Staff population remuneration as well as across a broad range of other topics, as required;
  • Prepare and present remuneration information to the Management Board, Remuneration Committee and Risk Committee

Reward Modelling

  • Build, set-up and stress test the VRAM and other allocation models;
  • Perform modelling scenarios, as required;
  • Create reward tools and dashboards leveraging data to make better decisions;
  • Build analytics and reporting suite to be used in the Annual Compensation Review and off-cycle.

Knowledge, Skills & Experience Required

  • At least 10+ years experience in senior reward roles, ideally in banking or financial services industry;
  • Experience in reward partnership and bonus fund modelling;
  • MS Office (including advanced Excel);
  • Manage large data-sets and analytics / reporting suites

Company

Oakleaf Partnership is the UK’s largest independent HR recruitment consultancy. Founded in 2005, we have built enduring relationships with HR functions across every sector; thanks in part to our expertise, but also our collaborative approach. We listen. We share our insights. We take the time to truly understand the culture of an organisation – the person behind a CV.

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