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Head of Reward
4 months ago
Key responsibilities:
Providing strong, visible and confident leadership and direction as part of the HR senior leadership team and to your own team
Shaping, delivering and implementing a total reward framework that forms part of the wider people strategy and reshapes our employee offer where necessary
Being the subject matter expert for reward and benefits
Using analysis and insight to influence our pay and benefits offer and understand what matters to our colleagues
Ensuring an efficient and compliant payroll function
Embed our new reward strategy and progression framework, offering insight on how to equip managers to undertake their role and utilise all of the flexibility, they must recognise our colleagues in a skill-based reward approach
Developing and implementing a flexible benefits offering that celebrates the diversity of our people and recognises their different needs
Developing and implementing the annual reward cycle including pay review, executive pay review and benefits review
Continually reviewing the reward strategy to ensure our pay and benefits fit with our strategic requirements and are competitive with the external market
Ensuring our commercial partnerships deliver value for money and maximising contract value in terms of both core and additional services
Building effective relationships with stakeholders across the organisation including the finance and communications teams to deliver a successful annual pay review cycle
Building confidence with our Remuneration and People Committee through engagement and excellent technical, written, and verbal skills
Manage the end-to-end process of delivering Board level papers relating to annual pay, bonus and benefits matters which allows confident and informed decision making
Building the capability and continuous improvement of the reward and payroll teams
Delivering on your own objectives in line with our values and working collectively with the HR team to contribute to our commitments as a whole
Minimum Criteria:
Experience in a Head of Reward (or equivalent) level position
A proven track record of implementing and managing reward frameworks
Understanding of HR systems and platforms (preferably Workday), leveraging them to transform the employee experience and improve our processes and governance
Demonstrated leadership experience
A proven track record of implementing and managing reward frameworks
Desirable Criteria
We would also like you to have the following skills:
The ability to challenge the status quo and use own initiative, creativity and breadth of thinking to recommend changes
Conflict resolution and negotiation skills that can be applied to situations involving senior leaders and the executive
Excellent written and verbal skills together with the ability to back this up with internal and external analysis and insight
The ability to recognise key dependencies and interdependencies across HR and other key stakeholders and to work closely with your peers to deliver the people strategy
We also offer an attractive, competitive salary and flexible benefits to suit our people. Here’s a list of some of the many benefits and perks you can get for working with us:
25 days holiday entitlement, with the option to buy extra or sell days
Generous pension
Employer provided benefits such as Private medical insurance, virtual GP, Critical illness cover, Life assurance cover, to name a few
Choice of voluntary benefits including Technology scheme, Cycle to work scheme, Will-writing service amongst others
Employee Assistance Programme
Extensive opportunities for personal and career development
Fully equipped on-site gym open 24 / 7 (London office only)
Extensive Well-being resources including on-site therapists (London office only)
Beautiful and bright London office looking over the Thames and near to mainline stations
Our employee led networks do fantastic work in educating and raising awareness across a range of experiences and support us in being an inclusive employer and a great place to work. You can get involved, too
How do I apply?
To apply, please upload a current CV and supporting statement (no more than 500 words)
Applications need to be submitted by 23:59 Sunday 9th June 2024
Successful candidates will be invited to a telephone call with a member of the Talent Acquisition Team.
A full job profile is available on request and will be provided to candidates shortlisted to the first stage of the assessment process.
We’re proud to be an inclusive employer
We view diversity as fundamental to our success and welcome applications from underrepresented groups across all communities.
We’re committed to being a great place to work– attracting and developing people from the widest possible range of backgrounds. We want everyone to perform at their best and feel able to be themselves. We understand that if we’re diverse and inclusive, we’ll better understand different perspectives, which is fundamental to our job resolving financial complaints.
We welcome applications from Black and other ethnic minority candidates, and female candidates, for all positions and particularly so for senior leader positions as they are under-represented within the Financial Ombudsman Service at this level.
Find out more
Check out below channels to find out more about everyday life at the Financial Ombudsman Service – and don’t forget to follow us while you’re there
LinkedIn: Financial Ombudsman Service
Good luck with your application