Compensation Manager

London, United Kingdom

Job Description


A Global Financial Services firm based in the City of London seeks a Compensation Manager to contribute to the overall success of Total Reward and the Human Resources Function in Europe by ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team\'s business strategies and objectives.

A Compensation Manager with the following accountabilities:

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Manages the annual calendar of remuneration-related governance and compliance activities for the UK and Ireland, including internal meeting dates, documentation, records and external regulatory filings / deadlines. Works closely with a variety of internal stakeholders in the UK, Ireland and Toronto to ensure all time-lines are met.
  • Supports the UK and Ireland Remuneration Oversight Committees, our client\'s Remuneration Committee and Board on remuneration-related matters by assisting with agenda planning, material preparation, management of time-lines and input from multiple sources (Total Rewards, Legal / Corporate Secretaries, etc.), co-ordination of executive reviews, note-taking and subsequent preparation of meeting minutes, etc.
  • Prepares remuneration-related regulatory reports and filings (e.g., the Remuneration Bench-marking report, Pillar 3 reports, High Earners reports, UK Material Risk Taker exclusion report, Gender pay gap report, etc.) as well as policy and procedural documents (e.g., UK and client Addendums to BNS Compensation Policy, Clawback Policy addendums, Fixed Pay Allowance Policy, MRT identification procedures, buy-out procedures, etc.), by providing relevant data and information and reviewing drafts for accuracy, completeness and compliance with regulatory requirements.
  • Supports all internal audit or compliance-led reviews on remuneration-related matters in the UK and Ireland.
  • Maintains the UK and Ireland MRT lists and associated documentation
  • Supports with remuneration regulatory rules mapping, by tracking and maintaining relevant rules gap analysis for the UK and Ireland (including maintenance of the iRCM regulatory rules and controls libraries). Supports with respect to recruitment and/or executive appointments, year-end incentive planning, remuneration bench-marking and collaborating with HR Business partners on relevant projects.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with the client\'s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high-performance environment and contributes to an inclusive work environment.
  • Understand how the Bank\'s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Large, Global, Financial Services Firm|Scope to shape the compensation offering across the UK and Ireland

A Compensation Manager with the following key skills / experience / qualifications:
  • Graduate Level or equivalent
  • Substantial financial industry experience in remuneration-related policy, governance and compliance
  • Work product is provided to top executives and board members, so timeliness, quality, presentation and accuracy are essential
  • Strong customer-centric approach
  • High level of MS Office mainly excel and PowerPoint
  • Able to work with high-levels of autonomy in a fast-paced Financial Services firm
A Global Financial Services firm based in the City of London.

A competitive base salary and benefits package depending on skill-set / experience

Michael Page

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Job Detail

  • Job Id
    JD3002616
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    £80000 per year
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned