Reward Manager

St. James's Place; Cirencester; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

28 days leave

Private medical insurance

Generous pension scheme

Enhanced parental leave

Protection benefits

EV salary sacrifice

Job summary

St. James's Place is seeking an experienced Reward Manager in Cirencester to shape and deliver the total reward strategy across the business and group companies.

You will report to the Head of Reward and provide expert guidance on remuneration, incentives, and equity-based rewards while ensuring compliance and market competitiveness. The role collaborates with HR, Finance, and senior stakeholders, and involves data-driven insights, governance, and international support.

Qualifications

• Significant experience in reward management with remuneration reviews and pay structures.
• Strong analytical/numerical skills with Excel and data interpretation.
• Excellent stakeholder management and communication across all levels.
• Sound knowledge of reward legislation and regulatory reporting in a complex organisation.

Responsibilities

• Lead the annual remuneration review and bonus processes, with modelling and testing.
• Develop and maintain bonus schemes and reward policies across group.
• Conduct benchmarking activities including market surveys and ad hoc analyses.
• Support regulatory reward reporting, incl. gender/ethnicity pay gap reporting.

Skills

Remuneration reviews

Bonus schemes

Pay structures

Benchmarking

Analytical ability

Excel

Stakeholder management

Reward legislation

Tools

PayScale

Unit4

Job description

Are you ready to chart your own career path? With our refreshed strategy, we’re building on our rich heritage and transforming our business to be more scalable and efficient, unlocking the capabilities needed for future success. This includes significantly investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform - because we believe in the difference our work makes.

At a glance

Location: Cirencester Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Mid-Senior Level

About the Role

We're looking for an experienced Reward Manager to help shape, develop and deliver our total reward strategy across the business and Group Companies. Reporting into the Head of Reward, you'll play a key role in ensuring our reward frameworks, remuneration practices and incentive schemes remain competitive, compliant and aligned to our business objectives.

This is a varied and influential role, providing expert reward guidance across the organisation, including support for our international businesses. You'll work closely with HR, Finance, senior stakeholders and external partners to deliver reward initiatives, provide data-driven insights and continuously enhance our reward offering.

What You'll Be Doing

• Lead and support the delivery of the annual remuneration review, including salary reviews, bonus processes, system testing, validation and financial modelling.
• Develop and maintain bonus scheme structures and reward policies across the Group Companies.
• Manage and deliver benchmarking activities, including annual market surveys and ad hoc reward analysis projects.
• Produce and support regulatory reward reporting, including Gender Pay Gap and Ethnicity Pay Gap reporting, as well as wider remuneration governance activities.
• Support the development and evolution of reward frameworks, including grading structures, job architecture, salary bands and job families.
• Conduct job evaluations and facilitate job evaluation panels with stakeholders across the People team.
• Provide expert advice on all aspects of total reward, including fixed and variable pay, executive reward, equity-based reward and reward regulations.
• Partner with HR Business Partners, People teams and business leaders to provide commercially focused reward guidance and recommendations.
• Analyse internal and external market data to identify trends, generate insights and influence future reward strategy.
• Work with auditors and external providers to support reward-related audits, reporting and compliance requirements.
• Contribute to reward projects and continuous improvement initiatives, helping to enhance the employee reward experience and ensure best practice.

About You

You're a reward professional with strong technical expertise and a passion for delivering effective reward solutions that support business success. You combine analytical thinking with excellent stakeholder management skills, enabling you to translate complex information into clear, actionable insights. Comfortable working in a fast-paced environment, you're a trusted adviser who builds strong relationships and drives continuous improvement through data, market intelligence and reward best practice.

Essential Criteria

• Significant experience in reward management, including remuneration reviews, bonus schemes, pay structures and benchmarking activities.
• Strong analytical and numerical skills with advanced Excel capability and experience interpreting complex reward and market data.
• Excellent stakeholder management and communication skills, with the ability to influence, challenge and advise stakeholders at all levels.
• Sound knowledge of reward legislation, regulatory reporting requirements and total reward best practice within a complex organisation.

Desirable Criteria

• Experience working within the financial services sector or another highly regulated environment.
• Knowledge of HR and reward systems such as PayScale and/or Unit4, alongside experience supporting job architecture and grading frameworks.

What's in it for you?

Whatever stage of life you're in, our benefits are designed to provide the support, flexibility, and peace of mind you need to thrive both at work and beyond.

In addition to our discretionary annual bonus scheme, which reflects both individual and company performance, you'll benefit from a market-leading benefits package tailored to support your wellbeing, financial security, and family life.

• 28 days' annual leave plus bank holidays, with the option to purchase up to 5 additional days.
• Private Medical Insurance – company-funded cover for you and your immediate family
• Generous Pension Scheme – a non-contributory employer contribution of 10%, increasing with length of service up to 15%, plus the opportunity to increase this through salary sacrifice
• Enhanced Parental Leave – up to 26 weeks' full pay to support growing families.
• Protection Benefits – company-funded critical illness cover, income protection, and life assurance
• EV salary sacrifice scheme through Tusker

Reasonable Adjustments

We're an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all, if you require reasonable adjustment(s) at any stage please let us know by emailing us at [e-mail]

As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.