Reward and Remuneration Specialist

3 weeks ago


Leeds, Leeds, United Kingdom Leeds Building Society Full time
About the Role

We are seeking an experienced Reward and Remuneration Specialist to join our dedicated People team as a key member of our Executive Compensation Committee. The successful candidate will be responsible for developing, managing, and delivering our Reward proposition and related activities in line with our People Strategy.

Key Responsibilities
  • Be a Subject Matter Expert on reward regulation matters and ensure all related Policies and Standards are compliant.
  • Ensure that practices are in place and up-to-date to guarantee delivery of remuneration requirements of the UK Corporate Governance Codes and other relevant Codes of Practice.
  • Support the production of regulatory reporting activities relating to remuneration.
  • Support the Remuneration Committee, including preparation of agendas, reports, and maintenance and monitoring of work plans and action schedules.
  • Support the review and design of fair reward propositions, including variable remuneration schemes.
What You'll Bring
  • SIGNIFICANT EXPERIENCE in reward and remuneration, preferably within a financial services environment.
  • UNDERSTANDING of pensions, preferably both DB and DC Schemes.
  • EXPERIENCE of the operation and requirements of Remuneration Committees/executive remuneration. Experience in a PRA level 2 (or above) regulatory framework environment is desirable.
  • EXCELLENT understanding of statutory requirements and legislation across all areas of Reward.
  • Experience of Reward benchmarking tools, ideally Towers Watson Global Grading System.
  • EXCELLENT communication skills, written and oral.
  • Strong numerical, analytical, and modelling skills, with good experience of interpreting data and producing high-quality and accurate management reports.
Salary and Benefits

The estimated annual salary for this role is around £60,000-£80,000 based on industry standards and location. Additionally, you can expect a range of benefits, including:

  • An annual colleague bonus of up to 12%.
  • Hybrid working with 60% of your time at home.
  • Matched pension contributions of up to 10%.
  • 26 days holiday, plus bank holidays and holiday purchase scheme of up to 5 days each year.
  • Colleague Mortgage and Saver products.
  • Electric vehicle scheme/Cycle to Work scheme.
  • 2 days' volunteering per year.


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