Remuneration Manager

Posted 13 hours 20 minutes ago by Oakleaf Partnership

Permanent
Not Specified
Other
London, United Kingdom
Job Description

We are looking for an experienced Remuneration Manager to join a highly successful asset management organisation. Reporting into the Global Head of Reward, this role will be responsible for developing and implementing performance and reward frameworks to attract, motivate, and retain top talent across the organisation and to support the business by providing expert advice on remuneration policies, practices and regulatory requirements.

Responsibilities:

  • Support the business through the provision of remuneration advice that is commercial, compliant and aligned to the organisation's vision, mission and strategy
  • Provide benchmarking, external market data/insights and remuneration related advice and proposals
  • Advise on job architecture, remuneration and performance frameworks to motivate diverse high-calibre talent, drive high-performance and support an inclusive culture
  • Collaborate with the Global Shared Services team to maintain and update compensation data and ensuring accuracy and data integrity
  • Analyse remuneration data and trends to identify areas for improvement to ensure the remuneration strategy remains competitive and fit for purpose, including processes, automation and enhanced reporting capabilities and mitigation of risks
  • Assist in incentive plan design and administration Regulation and Governance and support the compliant application of relevant remuneration regulatory requirements (MIFIDPRU, AIFMD and UCITS)
  • Support in drafting papers for submission to remuneration related committees and boards
  • Assist with regulatory reporting and disclosure requirements
  • Maintain material risk taker identification and communications
  • Draft and maintain detailed Standard Operating Procedures clearly defining governance, processes, roles and responsibilities for remuneration related tasks Annual Remuneration Review
  • Provide sound remuneration advice and analytical support to HR Business Partners and People Managers for the annual remuneration review
  • Assist with job evaluation, salary benchmarking, pool funding recommendations, ensuring fairness, consistency, and compliance with regulations (including pay out process requirements)
  • Conduct regular audits and seek stakeholder feedback to address any issues and system enhancements to ensure our Remuneration system and HRIS continues to align with organisation needs

Experience:

  • Proven experience in total rewards and compensation within organisations of significant complexity or consulting on remuneration to complex organizations.
  • Experience in implementing and administering comprehensive compensation and rewards programs, including salary structures and incentive plans.
  • Demonstrated experience advising senior management on remuneration-related matters and influencing stakeholders effectively.
  • Experience managing multiple projects and deadlines in a fast-paced, dynamic, and global work environment.
  • Understanding of accounting principles related to financial metrics and variable incentive plans.
  • Advanced experience using HR information systems, compensation analysis and benchmark tools to manage and analyse compensation data.
  • Strong knowledge of performance and reward principles, market trends, best practices, and compliance with relevant employment laws and remuneration regulations across various jurisdictions.
  • Ability to manage and interpret large complex data sets, conduct market research, and provide data driven recommendations.
  • Strong organisational and planning skills, maintaining a quality approach to work while demonstrating a professional demeanour with key stakeholders.
  • Tertiary qualifications in a business, finance, or HR-related discipline.