Head Of Reward

Peoplecorp; Melbourne; On-site; AUD 250,000 - 350,000; Full time

Job summary

Peoplecorp is partnering with one of Australia’s well-known financial services funds to appoint a Head of Reward. Based in Melbourne, you will lead the enterprise reward framework and executive remuneration, working with the Board and senior executives.

You will design policies, benchmark remuneration, oversee incentive programs, and ensure governance and compliance with APRA CPS 511 and related standards. This role offers strategic influence across People & Culture, Finance, Risk and Legal to

Job description

The Organisation

Our client is one of Australia’s well known financial services funds. With a strong focus on member outcomes, the organisation is continuing to evolve its people strategy, systems and ways of working.

An exciting opportunity has arisen for an experienced Head of Reward to join the People & Culture function and take ownership of the organisation’s remuneration and reward agenda.

The Role

Reporting to the GM, People Solutions, this is a broad and influential role responsible for leading the organisation’s enterprise reward framework, executive remuneration, incentive arrangements and remuneration governance. Working closely with senior executives, Finance, Risk and the Board, you will provide expert advice on complex remuneration matters, ensuring reward practices are commercially sound, well-governed and aligned with organisational performance.

You will lead the development and delivery of remuneration strategies, policies and frameworks, while taking ownership of executive remuneration, including benchmarking, remuneration structures, performance outcomes and retention arrangements. A key component of the role will involve preparing remuneration analysis, recommendations and papers for the Board and People, Culture & Remuneration Committee.

You will also oversee the design and management of incentive arrangements, including variable remuneration, performance measures, deferrals and risk adjustments. In addition, you will lead the annual remuneration and incentive review cycles, ensuring accurate and timely delivery, while maintaining strong remuneration governance and compliance with relevant regulatory requirements, including APRA CPS 511 and FAR.

The role will also see you providing expert advice on remuneration benchmarking, job architecture, pay equity and workforce costs, while building strong relationships across People & Culture, Finance, Investments, Risk and Legal.

The Criteria

You will be an experienced remuneration and reward leader who brings strong technical expertise, sound commercial judgement and the ability to operate confidently with senior stakeholders. Ideally, you will have developed your career within financial services, superannuation, banking, insurance or another complex, regulated environment.

You will have significant experience across executive remuneration, reward frameworks and incentive arrangements, along with a strong understanding of remuneration governance, regulatory requirements and Board reporting. Previous experience working with Remuneration Committees and advising senior executives on complex remuneration matters will be highly regarded. Your background will demonstrate strong analytical capability, including remuneration modelling, benchmarking and incentive calculations, together with experience managing annual remuneration cycles and delivering accurate outcomes within demanding timeframes.

For a confidential discussion, please contact Renee at Peoplecorp on ************ or ***********************, or apply directly through the advertisement.