Job Title: Reward Manager
Location: London (hybrid)
Sector: Financial Services, Insurance
Salary: Negotiable
Position Overview: Catalyst Partners are delighted to be partnering with a leading financial services organisation who are seeking a highly skilled and motivated individual to join their team as a Reward Manager. Reporting to the Head of Reward, you will lead a team of Reward Analysts, guiding them through critical reward activities.
This is a fixed-term contract role for 15 months.
Key Responsibilities:
* Assist the Head of Reward in executing the Reward Strategy, including short-term and long-term (shares-based) compensation.
* Partner with key stakeholders to deliver essential reward initiatives.
* Lead and mentor a team of Reward Analysts through key projects, such as job levelling and fair pay & transparency efforts.
* Oversee the end-to-end delivery of the annual pay and bonus review.
* Develop enhanced reward communications to improve employee understanding of total compensation.
* Ensure compliance with UK regulatory requirements, such as Gender Pay Reporting.
* Conduct benchmarking using Willis Towers Watson surveys.
* Support data production, analysis, and modelling, including pay-mix analysis.
* Serve as a point of contact and escalation for compensation-related matters, including share programs.
* Collaborate with HR and recruitment partners to integrate new hire processes and reporting.
Desired Experience:
* Reward Management Expertise: Demonstrated experience as a Reward Manager within an HR department is essential.
* Annual Pay Review Proficiency: Proven ability to manage end-to-end annual pay reviews, preferably utilising the Workday Advanced Compensation module.
* Share Program Experience: Essential experience in handling share-based compensation programs.
* Team Leadership: Capability to lead and support a team through various reward-related activities.
* Global Reward Knowledge: International reward experience, especially with US markets, understanding regional variations within a global framework.
* Benchmarking and Job Evaluation: Experience in conducting benchmarking and job evaluations, ideally using Willis Towers Watson methodologies.
* Adaptability in Fast-Paced Environments: Ability to thrive in dynamic settings, balancing multiple requirements and deadlines.
* Matrix Organisation Experience: Experience working within matrix international organisations is ideal.
* Attention to Detail: Exceptional attention to detail, with the ability to produce precise reports and data analyses.
* Stakeholder Relationship Management: Strong skills in building and maintaining relationships with key stakeholders.
* Problem-Solving Skills: Structured approach to problem-solving, translating challenges into practical business solutions.
* Excel Proficiency: Advanced skills in Excel.
* Confidentiality: High level of confidentiality in handling sensitive information.
* Self-Motivation and Proactivity: Self-starter who proactively researches issues using both internal and external resources.
* Deadline Management: Ability to meet deadlines, demonstrating flexibility and resilience in managing multiple workstreams.
* Communication Skills: Excellent written and verbal communication abilities.