Executive Reward Lead
Salary up to £95,000
Hybrid Role, approximately 1 day per month in Leeds Head office.
Excellent Benefits Package.
The Role;
We are currently recruiting for an experienced Executive Reward Lead on behalf of our leading financial service client. The focus of the role will be to develop and implement a compliant and effective executive reward strategy to attract, retain, and engage top talent, ensuring alignment with regulatory standards and supporting the business strategy.
Responsibilities;
- Develop and Implement Executive Reward Strategy: Design and execute a comprehensive executive reward strategy to attract, retain, and engage top talent essential for achieving the business objectives.
- Market and Regulatory Insights: Utilise in-depth external insights and market knowledge to enhance reward processes and ensure they align with current regulations.
- Compliance and Best Practices: Guarantee that all executive reward designs and procedures adhere to legislative requirements and industry best practices.
- Annual Reward Cycle Management: Plan and execute the annual reward cycle for the executive team, ensuring timely and accurate implementation.
- Regulatory Reporting: Lead the preparation and submission of accurate regulatory reports, ensuring compliance with all reporting requirements.
- Remuneration Committee Papers: Produce detailed reports for the Remuneration Committee, coordinating with external advisors when necessary.
- Executive Guidance: Provide expert insights, guidance, and recommendations on a variety of reward topics to the Executive Team.
- Governance and Risk Collaboration: Work closely with the broader Reward team to address governance and risk issues related to the Executive Team.
- Cross-functional Collaboration: Partner with other departments to support and deliver comprehensive reward programs.
- Capability Building: Actively enhance the skills and capabilities of the People Division, line managers, and Senior Leadership through targeted initiatives.
- Supplier Management: Oversee third-party suppliers, ensuring compliance with the Group's supplier relationship management standards.
- Strategic Translation and Implementation: Convert Divisional plans into actionable deliverables to support and achieve Group strategic priorities.
- Team Capability and Capacity Building: Enhance the skills and resources of the team or service to ensure long-term commercial success.
Essential Qualifications and Skills;
- CIPD Certification or Equivalent Experience: Possess CIPD certification or relevant experience in HR.
- Comprehensive HR Knowledge: Strong understanding of various HR disciplines including executive recruitment, organisational effectiveness, resourcing, talent management, and inclusion.
- Financial Services: Experience in financial services or other regulated environments is desirable.
- Legislative and Compliance Knowledge: Familiar with relevant legislation, compliance, corporate governance, quality assurance, and risk management.
If you have the experience and skills to excel as an Executive Reward Lead, please don't hesitate to contact