Interim Head of Reward Fintech

Page Executive; City Of London; Hybrid; Confidential; Full time

Job summary

A financial services firm located in London is seeking an Interim Head of Reward Fintech. The successful candidate will lead the annual compensation review process, manage benefits portfolios, and ensure compliance with PRA and FCA regulations. The role offers a competitive salary, exposure to strategic leadership, and a hybrid working model with 2.5 days remote work weekly.

Benefits

Competitive salary

Wider benefits package

Engagement in transformative projects

Qualifications

• Proven experience in reward management within the financial services industry.
• Knowledge of regulatory requirements related to reward policies.
• Experience in managing or supporting Remuneration Committees.

Responsibilities

• Lead the annual compensation review process, providing data-driven recommendations.
• Manage the company's benefits portfolio ensuring compliance with UK legislation.
• Serve as the subject matter expert on PRA and FCA remuneration rules.

Skills

Reward management experience

Knowledge of regulatory requirements

Stakeholder management

Analytical skills

Communication skills

Job description

About Our Client

The employer is a medium-sized organisation within the financial services and fintech industry, recognised for its focus on innovation and delivering exceptional solutions. The company operates in a fast-paced environment, requiring individuals who are adept at managing change and driving results.

Job Description

Interim Head of Reward Fintech – general responsibilities outline:

• Lead the annual compensation review process, including salary, bonus, and equity cycles, providing data-driven recommendations to leadership and the Remuneration Committee.
• Conduct regular market bench-marking and analysis to ensure our reward packages remain competitive within the Financial services and Fin Tech sectors.
• Manage the company's benefits portfolio (e.g., pension, health care, life assurance), ensuring they are cost-effective, valued by employees, and compliant with UK legislation.
• Manage the company's equity and share-based compensation plans, working closely with Finance, Legal, Company Secretariat and external advisers.

PRA & FCA regulatory compliance

• Serve as the subject matter expert on PRA and FCA remuneration rules.
• Partner with the Risk and Compliance teams to embed a strong risk-based approach into all reward policies and to ensure effective ex-ante and ex-post risk adjustments.
• Manage the annual process for identifying and classifying Material Risk Takers (MRTs) and ensure their remuneration arrangements comply with regulatory requirements, including rules on deferral and clawback.
• Prepare and submit all required regulatory reports on remuneration and manage any PRA and FCA interactions with the Regulatory Affairs team.

Governance

• Prepare reports and materials for the Remuneration Committee and Board meetings, providing expert analysis and recommendations
• Manage relationships with external reward consultants, benefits brokers, and other third-party providers.
• Ensure reward processes and procedures are aligned with internal risk and control guidance.

Leadership and management

• Lead, mentor, and develop the reward team, fostering a culture of high performance and continuous improvement.
• Manage the reward budget and forecast.

The Successful Applicant

A successful applicant for the Interim Head of Reward Fintech role should have:

• Proven experience in reward management within the financial services industry and Knowledge of regulatory requirements related to reward policies.
• Experience in managing or supporting Remuneration Committees.
• A strong understanding of compensation frameworks, market benchmarking, and benefits design.
• Excellent analytical skills and the ability to interpret data effectively.
• Experience in stakeholder management and working with senior leadership teams.
• Exceptional attention to detail with the ability to manage sensitive data with discretion.
• Strong analytical and communication skills, both written and verbal.
• Ability to work independently and thrive in a fast-paced, dynamic environment.

What's on Offer

• A competitive salary and wider benefits package.
• Exposure to a strategic leadership role with the chance to make real change.
• Engagement in transformative projects and initiatives within a fast growth and dynamic organisation.
• London based role with 2.5 days WFH/ Hybrid Working.