Regulatory Compensation Specialist

Hunt; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an EMEA Regulatory Compensation Specialist to join their London or Chester office. This role offers the chance to work within a supportive team focused on compliance with EMEA regulatory requirements related to compensation. You will lead the preparation of regulatory reports, collaborate on automation projects, and ensure adherence to UK & EU regulations. With a commitment to diversity and employee well-being, this organization offers a modern workspace and competitive benefits. If you're detail-oriented and passionate about regulatory compliance in the financial sector, this opportunity is for you.

Benefits

Private Healthcare

Annual Health Screen

Competitive Pension

Life Assurance

Income Protection

Flexible Benefits

Emotional Wellbeing Support

Mental Health Resources

Volunteering Opportunities

Qualifications

• Experience with UK & EU regulatory compensation landscape preferred.
• Strong analytical and problem-solving skills are essential.

Responsibilities

• Lead the preparation of remuneration regulatory reports and disclosures.
• Support reports for local remuneration committees and boards across EMEA.
• Collaborate on compensation regulatory projects, including automation initiatives.

Skills

Attention to Detail

Microsoft Excel

Analytical Skills

Problem-Solving

Project Management

Tools

Microsoft PowerPoint

Microsoft Word

Job description

Job Title: Regulatory Compensation Specialist
Corporate Title: AVP
Location: London / Chester

Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

We are committed to being a diverse and inclusive workplace, hiring individuals from broad backgrounds and investing in our teammates' well-being through competitive benefits.

Bank of America values collaboration and flexibility, offering various work arrangements depending on roles. Working here provides opportunities for growth, impact, and making a difference. Join us!

Location Overview:

Our London office, near St. Paul’s Cathedral on King Edward Street, features modern workspaces, a state-of-the-art auditorium, an onsite restaurant with sustainable seasonal menus, a rooftop terrace with views of London, an onsite gym, and a medical centre.

Job Description:

The role is within the EMEA Regulatory Compensation team, part of the broader EMEA Compensation & Benefits team. The team ensures compliance with EMEA regulatory requirements related to compensation, monitors regulatory developments, collaborates with stakeholders to implement new requirements, and reports to regulators and committees.

The EMEA Regulatory Compensation Specialist will support regulatory reporting, submissions, remuneration committee reporting, automation projects, and audits related to Material Risk Taker compensation rules.

The Team:

We are seeking an EMEA Regulatory Compensation Specialist in London or Chester to join an experienced, supportive team with exposure to EMEA compensation regulations and collaboration with various stakeholders across functions and regions.

Responsibilities:

1. Lead the preparation of remuneration regulatory reports and disclosures.
2. Support reports for local remuneration committees and boards across EMEA.
3. Assist with applying MRT rules at year-end, including audits and controls.
4. Collaborate on compensation regulatory projects, including automation initiatives.
5. Stay updated on UK & EU regulations and ensure compliance of remuneration reports.
6. Maintain governance, controls, and documentation of internal compliance assessments.
7. Contribute to ad hoc projects and research for the EMEA Compensation & Benefits team.

Minimum Requirements:

• Exceptional attention to detail.
• Proficiency in Microsoft Excel, capable of managing large datasets.
• Experience with UK & EU regulatory compensation landscape preferred.
• Strong analytical and problem-solving skills.
• Initiative and ability to drive deliverables.
• Experience in compensation practices within large financial firms.

Excellent communication skills, ability to simplify complex legislation/data, work independently or remotely, engage diverse audiences, manage multiple stakeholders, and demonstrate project management skills. Proficiency in PowerPoint and Word, commercial acumen, and prior relevant experience are also valued.

Benefits (UK):

• Private healthcare and annual health screen.
• Competitive pension, life assurance, and income protection.
• Childcare and adult care backup days.
• Flexible benefits including wellbeing accounts, travel insurance, and critical illness cover.
• Emotional wellbeing support, mental health resources, and virtual GP services.
• Charitable donation matching, cultural memberships, and volunteering opportunities.

Our Commitment:

We uphold high standards of conduct, accountability, and diversity. We are an equal opportunity employer and encourage candidates to share any accessibility needs during recruitment.