Deputy Head of Reward

Purpose of the role

Reporting directly to the Global Head of Reward & Performance this role is focused on optimising performance through all aspects of reward and recognition.  Partnering with senior stakeholders the postholder ensures competitive equitable and performance-driven reward frameworks that align with the organisations business strategy and regulatory requirements.

The role includes oversight of all compensation benefits equity plans governance and reward analytics together with responsibility for communicating and designing effective system workflow and reporting.

The successful candidate will be able to demonstrate:

1. Proactivity curiosity and a client centric mindset
2. Strong sense of urgency in delivery with attention to detail and a drive for excellence.
3. Client focused solutions using technology to drive efficiency and effectiveness
4. Global mindset with strong commercial awareness.

Whats in it for you

• Competitive salary
• This role is Belfast based remote working possible   
• Flexible working hours
• Pension 
• Private medical insurance
• Life assurance
• Income protection
• Optional dental plan and critical illness cover self funded

Main Responsibilities

Reward Leadership

• Partner with the Head of Reward to define and execute the global total reward strategy.
• Lead on reward programmes that support talent retention motivation and compliance across multiple regions.
• Systems expert in designing workflow and reporting
• Key lead for HR managers and colleagues communication and responsible for ensuring sufficient subject matter expertise within HR
• Provide expert guidance to business leaders HR business partners and governance committees on reward matters.

Compensation Management

• Lead annual compensation review cycles including salary planning bonus and long-term incentive plan allocations optimising process experience and colleague understanding.
• Support the design and implementation of commission and recognition schemes and ensure effective communication and buy in.
• Benchmark roles using market data to ensure competitiveness and internal equity including reference to job levelling/evaluation methodology ensuring good quality data is accessible and up to date for key stakeholders.
• Support the preparation of materials for Remuneration Committee meetings.
• Ensure compliance with global regulatory frameworks including MIFID II and local legislation

Colleague Engagement Benefits & Wellbeing

• Lead the annual colleague engagement survey including communications results analysis and follow up action plans. Prepare analysis for Group Executive Committee and be the subject matter expert on underlying root cause analysis and proposed actions plans.  Ensure training for subject matter expertise in HR and key stakeholders.
• Work with local HR teams to assess and optimise global benefits offerings ensuring alignment with market practice and employee needs within cost budget ensure benefits information is easy to access and up to date for colleagues.
• Support global wellbeing initiatives and harmonisation of benefit plans where appropriate

Analytics & Reporting

• Lead reward analytics and insights to inform strategic decision-making including attrition headcount and recruitment activity.
• Manage gender pay reporting pay equity analysis and other statutory disclosures.
• Enhance automation and dashboarding of reward metrics.

Team & Stakeholder Management

• Lead mentor and develop a team of reward professionals.
• Act as deputy to the Head of Reward in leadership forums and represent the function as needed.

#LI-SM1

#LI-Hybrid

Qualifications :

Knowledge Skills & Experience

• Extensive experience in reward management within a global financial services environment.
• Expertise in compensation planning benchmarking methodologies and job evaluation.
• Proven ability to influence at a senior level
• Experience of HR systems and how to link to key HR processes through effective UX (User Experience)/UI(User Interface) approach
• Experience working across multiple jurisdictions (e.g. EMEA APAC Americas).
• Proficiency with market data providers including WTW AON KFHG and KPMG
• Professional certifications (e.g. CIPD WorldatWork) are an advantage.

Additional Information :

Our Values

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful.  These are:

• We are CLIENT CENTRIC  Clients are at the centre of our world and were committed to providing expertise and specialist solutions to meet their most complex challenges.
• We are AMBITIOUS  We aim high. We think and act globally seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
• We are AGILE  We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple efficient and effective.
• We are COLLABORATIVE  With a curious mindset we ask the right questions to get to the right solution for our clients faster. We collaborate to win together and share our successes.
• We are ETHICAL  We behave with integrity at all times and assume positive intent building trust through responsible actions and honest relationships.

Remote Work :

No

Employment Type :

Full-time