Job description

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  • Location:
    London - 30 Gresham Street
  • Department:
  • Division:
    Business Enablement
  • Employment Type:
    Full time
  • Salary:
    Competitive

Reward Consultant (4228)

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Do you have experience of Reward in a financial services environment? Are you highly numerate and do you have excellent analytical skills? Are your excel skills advanced?  Is building strong working relationships with colleagues something you love to do?  If you answered yes, keep reading

Description:

This role requires a consultant to give expert advice on reward, using external and internal information, including knowledge of regulatory and legal requirements as well as external benchmarking. The role further requires the consultant to manage, co-ordinate, facilitate and participate in the UK Specialist Bank annual reward review cycle. Key relationships in the role include: Global Head of P&O; UK Head of P&O; Reward team; Staff Share Schemes; Benefits and Payroll; P&O Leads; P&O Consultants; Careers and Finance.

The successful person will be a key member of a growing global team sitting across SA and UK who are responsible for the Reward and remuneration of Investec employees, helping attract, motivate and retain culturally aligned, smart, innovative and talented people, and to recognise and drive out of the ordinary performance.

What will you be getting involved with?

Advise on Remuneration regulatory and legal requirements

The successful candidate will need to:

  • Advise on the interpretation and application of external reward requirements, including all legal and regulatory requirements
  • Ensure that we are compliant with our responsibilities and obligations in these areas
  • Take responsibility for the preparation and submission of annual external reward reporting, including the gender pay gap report and reward submissions to the PRA and FCA.

Remuneration Research:

 The successful candidate will need to:

  • Track remuneration and reward trends in the market
  • Research best practice around benefits and rewards
  • Investigate new remuneration models based on business needs
  • Advise on reward packages for new job offers

Annual Reward Review:

  • Process management of the annual reward process
  • Communication with P&O Leads, People Consultants and business leaders
  • Participation in divisional iteration processes
  • Consolidation and analysis of proposals, followed by preparation of schedules for final approval by the Investec Group Remuneration Committee
  • Preparation of the remuneration reports in the Annual Report and Accounts

Benchmarking:

  • Ownership of participation in annual external reward benchmarking surveys.
  • Analyze data from reward surveys to determine competitiveness both internally and externally as well as market demands to get a sense of skills scarcity.
  • Do ad hoc specifically requested benchmarking by tapping into other external sources e.g. employment agencies and other remuneration professionals

What are we looking for in the successful candidate?

  • Experience of Reward in a financial services environment, including reward consulting, benchmarking and survey
  • An understanding of the remuneration regulatory framework in financial services, and how it impacts the business
  • Knowledge of employee share schemes
  • Experience of working with and advising business leaders
  • Ability to prepare Board level analysis and presentations

This role could be exactly what your career deserves. We look forward to hearing from you.

 


 
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Location
London - 30 Gresham Street
30 Gresham Street, London, England, GB, EC2V 7QN
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Meet the recruiter

Melanie Punch

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Benefits

Pension
Private Medical Cover
Virtual GP
Gym Discounts
Psychologist Service
Annual Leave
Life Assurance