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Compensation Specialist

3 months ago

London, Greater London, United Kingdom McGregor Boyall Full time
Seeking 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.


nResponsibilities Include:
nProviding expert advice relating to all aspects of compensation to HR Business Partners and broader business stakeholdersnSupport projects and processes in the compensation space including salary benchmarking, analytics and annual remuneration review, deferred compensation and annual compensation survey submissionsnPrepare materials for and present at/attend UK REMCO meetingsnWork closely with the compensation team in the global headquarters to ensure consistent application of compensation processesnAdvise on structuring creative and competitive compensation packages to attract and retain employeesnLead 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 placenProvide reporting as required around variable compensation pay out reconciliation

nCore Requirements Include:


nExperience of working within the financial services sector within the compensation space- preferably within bankingnSound knowledge and experience of the compensation across the UK and EMEA region.nGood understanding of the regulatory, legal and social requirements for compensation across the UK and EMEA regions.nGood understanding of market benchmarking and job evaluation methodologies (McLagan preferable)nStrong analytical and numeracy skills.

nExcellent communication skills

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.