Compensation and Benefits Expert

2 weeks ago

London, Greater London, United Kingdom Vanguard Full time

About the Role

Vanguard is seeking a highly skilled Compensation and Benefits Consultant to join our Europe Total Rewards team. As a key member of the team, you will be responsible for driving efficiencies, building effective processes and controls, and enhancing the crew experience.

Key Responsibilities

Benefits:

  • Manage benefits vendors, track KPIs and SLAs, and formulate recommendations with Procurement, Legal, and HR.
  • Own internal vendor governance and risk-related activity, ensuring data security, cyber security, and compliance with Vanguard standards.
  • Develop, review, and implement benefits policies across European countries, ensuring timely implementation of regulatory and statutory changes.
  • Enhance value for money on European benefits services and products, driving best practice and industry standards.

Compensation:

  • Deliver ad-hoc and cyclical compensation processes, including benchmarking and the annual bonus and merit adjustment process.
  • Own market competitive benchmarking for defined business areas and its application to compensation practices and strategies.
  • Support the identification of Material Risk Takers and Code Staff, maintaining the list for European regulated entities.
  • Contribute to regulatory reporting and mandatory compliance reporting, including disclosures and gender pay gap.

Requirements

  • Knowledge of European benefits and running benefits initiatives with internal and external providers.
  • Experience in managing benefits vendor relationships, including contracts and performance oversight.
  • Strong understanding of HR policies and processes.
  • High attention to detail, strong numeracy and analytical skills, and advanced PowerPoint and Microsoft Excel skills.
  • Proven teamwork capabilities, strong relationship management, and interpersonal skills.
  • Experience with Compensation and Benefits systems.

About Vanguard

Vanguard is an investment company that handles its funds solely in the interests of its clients. We believe in building diverse, inclusive, and highly effective teams to achieve our core purpose. Our hybrid working model offers flexibility while enabling in-person learning, collaboration, and connection.

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