Regulations Specialist

Primary responsibilities

• Ensure reward policies and procedures comply with the remuneration requirements under the PRA/FCA remuneration rules as applicable to banks, asset management and insurance firms.
• Be a central point of contact for teams in other regions as a specialist on remuneration regulations and advise colleagues locally and globally on employee compensation queries.
• Partner with colleagues locally and globally to prepare board/remuneration committee papers, design of bespoke remuneration plans, ensure streamlined delivery of regulatory compensation submissions and external reporting.
• Lead and manage, along with the Group Risk team, the bi-annual material risk taker identification for the UK regulated entities, the employee communication process and preparation of the annual remuneration policy statements, year-end regulatory submissions and pillar 3 disclosures.
• Lead and coordinate the Group's responses to consultations on remuneration regulation matters.
• Work closely with internal stakeholders to ensure effective implementation of governance processes on regulatory requirements as part of annual pay review process.
• Review, challenge and improve existing reporting capabilities and processes and adapt to any changes in HR systems holding the relevant data for external reporting requirements.
• Assist with the development of control and assurance procedures to help ensure compliance with both internal and external global standards on reporting and controls.