People Manager – Reward & Benefits

Bank of London

London

On-site

GBP 90,000 - 130,000

Full time

14 days+

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Job summary

A financial services firm in London is seeking a People Manager for Reward & Benefits to develop impactful reward strategies and support payroll operations. Ideal candidates will have extensive experience in compensation legislation and proven analytical capabilities. This role requires collaboration across teams and strong project management skills, ensuring effective solutions are delivered.

Qualifications

Extensive experience in reward and benefits.
Proven expertise in compensation strategy.
Strong analytical and data presentation skills.

Responsibilities

Provide expert advice on all aspects of reward.
Conduct research and data analysis on salary trends.
Manage payroll administration processes as required.

Skills

Reward strategy expertise

Legislation knowledge

Analytical skills

Project management

Stakeholder engagement

Job description

Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-time Clearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAP Fioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.

Bank of London is seeking a talented and knowledgeable People Manager – Reward & Benefits to join our dynamic People Team. In this key role, you’ll bring deep expertise in pay, benefits, and compensation legislation and best practice. You will work closely with our Head of People, collaborate across the wider People Team, and engage with stakeholders across the organisation to deliver impactful reward strategies.

Key Responsibilities

Provide expert advice and support the administration of all aspects of reward, including pay, benefits, incentive plans, bonuses, and share options
Provide expert advice on all reward regulatory matters including the Remuneration Code and Capital Requirements Directive (CRD V)
Provide support for the preparation and drafting of papers for the Board Remuneration Committee
Support the Company Secretary with the Bank’s Senior Manager and Certification Regime (SMCR) including Senior Manager Function (SMF) applications, as well as the appointment of Material Risk Takers (MRTs) and Certified Persons (CP), where appropriate
Conduct research, data analysis, and present benchmarking insights on salary and benefits trend
Monitor and evaluate existing policies and practices, recommending innovative improvements where appropriate
Work collaboratively with colleagues in centres of expertise to design and implement effective business solutions
Share knowledge proactively with People Team colleagues to support continuous team development
Manage and support payroll administration processes as required
Lead and contribute to reward-related projects using strong project management skills
Build and maintain strong relationships with internal stakeholders
Apply consultancy skills to deliver tailored reward solutions
Effectively manage multiple complex priorities and issues simultaneously
Leverage a broad understanding of reward practices, including salary review cycles, bonus and benefits design, and project delivery

What We’re Looking For

Extensive experience in reward and benefits, with a strong knowledge of relevant legislation, regulatory and industry practices
Proven expertise in compensation strategy and implementation
Strong analytical and data presentation skills
A collaborative, solutions-focused mindset
Experience in payroll and reward operations
Excellent project management and stakeholder engagement capabilities
A proactive and flexible approach to work

Location

London (5 days per week in the office)
Travel to other locations may be required on occasion.

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.

Seniority level