Senior Reward Manager

Sector: Retail Banking And Credit
Area: Human Resources
Ref: 3761
Location: Ireland
Job Type: Permanent – Full Time
Salary: Senior-Mid Level
Contact: Niamh Kennelly

Reporting to the Head of Reward this role will support the delivery of a proactive and operational reward service to a large financial services organisation and you will lead a small team of reward specialists.

Overview

You will;

  • Provide reward strategies linked to a new pay & performance model
  • Define and develop reward strategies within a highly regulated environment
  • Define and develop reward strategies that will promote a high-performance culture
  • Advise in relation to annual salary reviews, salary benchmarking, job evaluation and grading, administration of pensions, risk policies, commission schemes and other one-off recognition initiatives
  • Oversee the development of reward policies and practices
  • Work collaborative and closely with Finance and Risk Partners to ensure that all stakeholder requirements are met in relation to reward operations
  • Ensure that robust Reward Processes, Procedures, Systems and Controls are in place to handle annual salary reviews, salary benchmarking, job evaluation and grading, administration of commission schemes, vouchers and one-off recognition initiatives
  • Play a lead role in identifying and introducing a new Compensation Management System
  • Act as a trusted and expert Reward Advisor to the business in support of Business Change initiatives
  • Manage Pensions and the Associated Pensions Benefit administration
  • Develop a team culture and display strong people development and coaching skills
  • Lead a risk aware culture and identify risks while having mitigating and control factors in place
  • Support the delivery of the Group’s Internal Control Framework
  • Apply actions required to deliver the services in a timely manner while remaining compliant with Company, Industry and Legislative prerequisites

 

Essential Experience

  • Professional qualification in HR & / relevant 3rd level education
  • Rewards and Benefits, comprehensive experience
  • A comprehensive understanding of the Risk environment in Financial Services
  • A proven track record in the implementation of effective compliance and control standards
  • In-depth understanding of the governance and regulatory standards applicable to the role
  • Strong quantitative skills and analytical ability, with a demonstrated ability of communicating complex, technical topics to a non-technical audience.
  • Broad experience leading in challenging change implementation programmes
  • Background in financial services or experience working in similar regulated environment
  • Significant experience of managing teams

 

For further information and a confidential discussion contact nkennelly@paragonexecutive.com