HR Rewards Partner

7 months ago

London, United Kingdom CIBC Full time

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions so you feel empowered at work. Our team members have what they need to make a meaningful impact and feel truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

**Job Description**:
BUSINESS UNIT DESCRIPTION

Human Resources works in partnership with CIBC’s business units to enhance organizational performance, the employee experience and advance CIBC’s overall corporate strategy. The group delivers integrated human resources solutions in recruitment, talent management, training and development, performance management and measurement, organizational design, employee relations, as well as policy and operations.

What You’ll Be Doing

KEY ACCOUNTABILITIES

Remuneration:

- Working with the HR Governance team ensure that the UK, Luxembourg and Asia countries’ remuneration-related policies and processes are compliant with regulatory requirements and expectations through a regular review of variable compensation plans and fixed pay components.
- Produce remuneration-related regulatory submissions and oversee the preparation and review of regulatory reporting data tables (eg. Pilar 3, High earners report).
- Interpret and action with internal reward partners the implications for CIBC of new or revised remuneration regulation by drafting responses to consultations and reviewing the alignment of internal practices through detailed gap analyses.
- Provide technical rewards expertise (e.g. offer recommendations, internal and external benchmarking, buy out calculations for new hires or gender diversity analysis) surrounding the day to day reward operations for the regions.
- Be a key member of the team during the annual compensation review process to ensure proper execution and implementation locally and globally. Support the creation of compensation committee presentations, data analysis around Material Risk Takers, Deferral Plans, bonus pool evolution, etc. for the UK Remuneration Committee and Luxembourg Board meetings.

Material Risk Taker Register:

- Maintain the MRT list and MRT methodology documents ensuring it is reviewed in line with requirements.
- Ensure processes are in place to capture all MRTs upon hiring, transfer etc..

Pension & Benefits:

- Manage the annual benefits renewals for the region.
- Ensure the Pension plan submits all regulatory returns in a timely manner.

Key Skills
- Deep expertise in rewards, benefits and pension in a financial services environment.
- Excellent planning, organizational and facilitation skills with attention to detail
- Strong written and oral communication skills, excellent analytical skills and an ability to problem solve
- Client service driven with strong organizational and project management skills

Cross-Functional Relationships
- This job interfaces with other HR counterparts across Europe, Asia and north America and will work in partnership with Centres of Expertise globally (eg. rewards, pension, benefits)

Compliance Requirements
- As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls

Who You Are
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
- Degree or equivalent required
- A minimum 8 years rewards experience in a high volume, fast paced corporate environment within the financial industry
- Strong analytical skills and ability to work with large amounts of data
- Outstanding client service orientation and interpersonal skills; ability to work effectively with all levels of management in a matrix environment
- Understanding of systems such as Workday is a plus
- Must be a self-starter, strong team player; and possess strong organizational and time management skills
- Experience of partnering with the business to prepare an appropriate campus recruitment calendar and strategy
- Excellent written and verbal communication skills and attention to detail
- Ability to communicate, influence, and educate partners and business leaders
- Ability to effectively prioritize competing tasks from a variety of sources
- Ability to simultaneously manage tight timelines on various tasks of equal importance
- You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

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