Head of Reward

1 week ago

London, United Kingdom Maximum ManagementFrazer Jones USA Full time

We are delighted to be supporting a leading commodities business in their search for a Head of Reward to join their London HQ and continue to develop the business across their global footprint. Reporting into the CPO, this newly role would suit either a Senior Reward Manager looking to step up, or an existing Head of Reward looking for a new challenge and leverage experience already gained within financial services. Key functions will be to lead the reward agenda globally (c1,000 staff) and advise the business on the best structures and processes to ensure this business continues to thrive. The reward structures across the firm are well designed and therefore the Head of Reward will be involved in driving further enhancements of the framework, working closely with the wider HR team to ensure a best-in-class Reward service is maintained.

Key duties will be to:

  • Drive a programme of work that promotes a diverse workforce, supporting the Inclusion, Diversity & Belonging goals to attract and retain talent, building the employee value proposition and talent differentiation.
  • Develop and utilise different reward opportunities to motivate and engage different employee populations throughout their career journey which reflect the changing requirements of the business. Understanding the challenges and opportunities that exist now and anticipate what will be needed in the future.
  • Leveraging technology, to support, evolve and enhance the employee experience of all reward processes, working in collaboration with the CPO and Business Partners to consider the overall Benchmarking and Reward process, enhancing and evolving the overall experience for all parties
  • Accountable for the effective communication of all rewards to employees, including the total reward system.
  • Ensure the reward strategy achieves attraction, engagement and retention goals of the firm
  • Responsible for overseeing the delivery of all cyclical and ad-hoc reward projects, including the annual pay review process, bonus cycles, firm-wide reporting and governance data
  • Providing HRLT and the business stakeholders with a comprehensive view of the wider market and market trends on reward
  • Understand the reward challenges and opportunities that exist now and anticipate what will exist in the future.
  • Influence the reward team on reward philosophy based on in-depth knowledge of reward and business challenges.
  • Educate the wider HR team and business leaders on reward principals, governance, policy and processes.

As a result, the firm is looking to meet with experienced reward leaders with proven success within financial services (or FinTech). Key is a highly collaborative individual who will build relationships and seeks to get the best out of people. Someone who has a desire to improve employee engagement related to rewards by listening to the needs of employees and develop a range of reward solutions to satisfy those needs. The business really values curiosity, so someone who is always trying new things, who is aware of new trends and is not afraid to innovate. Strong influencing skills are required with the ability to create data driven business cases and present to C Suite audiences. Finally, this person needs to be creative, have a passion for delivering a high-quality service and will go the extra mile to get things done well. In addition to the above salary there is a very generous annual bonus, extensive benefits and the business is happy to buy out bonus/unvested share awards. Location is Monument/Bank tube. In the first instance, please contact Peter Francis at Frazer Jones

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.

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