Job Title: Reward Associate
Location: London (4 days a week on site)
Position Overview: Catalyst Partners have partnered with a leading Financial Services firm on the search for a Reward Associate. You will play a key role in delivering high-quality compensation insights, benchmarking, and modelling to support reward decisions across the firm. This role is ideal for an analytical, detail-oriented reward professional who thrives in a fast-paced, commercial environment and who is confident dealing with sensitive and complex reward data.
Key Responsibilities:
Compensation Analytics & Benchmarking
* Conduct market benchmarking using external surveys and data providers, with a focus on investment, deal, and portfolio roles.
* Analyse compensation trends across the financial services and private equity markets to inform reward recommendations.
* Prepare and maintain internal compensation databases and dashboards.
Annual Reward Cycle
* Support the annual compensation review process, including salary, bonus, carried interest, and long-term incentive planning.
* Produce modelling, scenario planning, and compensation cost analysis for senior stakeholders.
* Quality-check reward data and ensure accuracy in compensation cycle tools and processes.
Data & Reporting
* Provide timely and accurate reward-related reporting for HR, Finance, and senior leadership teams.
* Ensure compliance with regulatory and governance requirements (e.g., gender pay reporting, regulatory remuneration codes where applicable).
* Maintain strong data privacy and confidentiality standards.
Reward Projects
* Support global or regional reward projects, including benefit reviews, job levelling, pay structure development, and technology implementation.
* Contribute to continuous improvement of reward processes and systems.
Skills & Experience Required:
Essential
* Experience in a Reward Analyst or Compensation Analyst role within financial services, private equity, or a similar data-driven environment.
* Strong analytical and quantitative skills, with advanced Excel capability (pivot tables, lookups, modelling).
* Comfortable with large datasets and maintaining data accuracy in high-stakes environments.
* Strong communication skills, able to present insights clearly to non-technical audiences.
* High level of professionalism, discretion, and attention to detail.
Desirable
* Experience supporting compensation cycles and incentive plan administration.
* Familiarity with carried interest and private equity remuneration structures.
* Knowledge of HRIS, compensation systems, or data visualisation tools.
* Degree in a numerate or business-related field, or professional HR qualification.