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Form of work
SalarySeeking a Compensation Specialist to support on all compensation activity across the UK within a banking institution. It is a fantastic opportunity with a breadth of responsibilities for an individual to continue to grow and develop expertise in this space.
Responsibilities Include:
- Providing expert advice relating to all aspects of compensation to HR Business Partners and broader business stakeholders
- Support projects and processes in the compensation space including salary benchmarking, analytics and annual remuneration review, deferred compensation and annual compensation survey submissions
- Prepare materials for and present at/attend UK REMCO meetings
- Work closely with the compensation team in the global headquarters to ensure consistent application of compensation processes
- Advise on structuring creative and competitive compensation packages to attract and retain employees
- Lead and facilitate the business on all regulatory remuneration requirements including processes and disclosures including attending the Regulatory Forum and ensure all relevant controls are in place
- Provide reporting as required around variable compensation pay out reconciliation.
Core Requirements Include:
- Experience of working within the financial services sector within the compensation space- preferably within banking
- Sound knowledge and experience of the compensation across the UK and EMEA region.
- Good understanding of the regulatory, legal and social requirements for compensation across the UK and EMEA regions.
- Good understanding of market benchmarking and job evaluation methodologies (McLagan preferable)
- Strong analytical and numeracy skills.
- Excellent communication skills
McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.
