Regulatory Reward Consultant

7 months ago

Edinburgh, United Kingdom NatWest Group Full time

Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.

This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.

Join us as a Regulatory Reward Consultant
- This is an opportunity for a driven individual to support us to achieve our strategic objectives
- You’ll provide specialist regulatory advice in your area of expertise and build on your knowledge of our reward processes to support our people
- Joining a diverse and collaborative team, you can expect lots of variety in this fast-paced role

**What you'll do**:
As a Regulatory Reward Consultant, you’ll support in communicating to our people their full reward, pensions and benefits package in a way that is easy to understand and appreciate. We’ll look to you to take the lead on process redesign and improvement in your area of expertise, identify rewards related policy gaps and recommend policy modifications.

Throughout the course of your work, you’ll also cultivate a thorough understanding of the various reward related business requirements by building your knowledge of the business and our operating model. Alongside which, you’ll maintain market intelligence through internal and external networks, building your knowledge of market trends to recommend improvements in our reward products and processes.

You’ll also be:

- Building and providing regulatory expertise around reward processes, such as incentive schemes, pension design and taxation, to execute projects
- Supporting the implementation of policies and working with business divisions to ensure compliance
- Preparing papers for senior stakeholder boards
- Managing the annual review of reward policies in line with regulatory requirements
- Drafting policy changes and supporting the communication of these changes

**The skills you'll need**:
We’re looking for someone with extensive experience in a reward function, in-depth regulatory knowledge of reward principles in the UK and EU and good overall HR knowledge. You’ll have strong business consulting skills and experience in managing relations with business stakeholders. Additionally, we’ll expect you to have good communication and interpersonal skills with well-developed influencing skills.

We’ll also expect:

- Experience of managing one or more reward processes
- Good numeracy and analytical skills with some statistical knowledge and a strong eye for detail
- The ability to manage large volumes of data
- Strong regulatory and finance acumen
- Strong knowledge of Microsoft Office suite, especially Excel, Word and PowerPoint
- Programme management skills

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