Reward Manager

Maximum ManagementFrazer Jones USA; Greater London; Hybrid; GBP 80,000; Full time

Job summary

A well-renowned investment management company in London is seeking a Reward Manager for a 12-month FTC role. The successful candidate will manage the annual reward cycle, conduct market benchmarking, and support job architecture projects while advising HR on reward initiatives. Ideal applicants should have 4-6 years of relevant experience and the ability to work independently. The position offers a salary of £80k plus bonus and benefits, with a hybrid work policy operating from central London.

Benefits

Completion bonus

Benefits package

Qualifications

• 4-6 years of compensation or total reward experience.
• Ability to work independently and show initiative.
• Strong attention to detail and commitment to improvement.

Responsibilities

• Manage annual pay review process and employee communications.
• Support job architecture projects and provide reward insights.
• Advise HR partners on reward-related activities.

Skills

Compensation analysis

Market benchmarking

Data analysis

Communication skills

Tools

Workday

Job description

Frazer Jones is pleased to be partnering exclusively with a well-renowned investment management business that provides services for funds, institutions, and individual investors globally, with nearly £20 billion under management. With employees across the UK, Europe, and the US, this is a firm that prides itself on performance and the quality of its people, as well as its inclusive and ‘no ego’ culture. They have a highly humble and respectful environment where integrity is at the heart of everything they do.

Due to some internal movements, the Head of Reward is looking to hire a Reward Manager to support him on an interim basis. This will be a 12-month FTC, and responsibilities will include the annual reward cycle; market benchmarking; benefits; pensions; regulatory commitments; and job architecture projects.

Duties will include:

• Taking the business through the annual pay review process
• Drafting employee communications
• Modelling and developing proposals for senior management approval
• Supporting job architecture projects
• Ensuring a fair pay and performance process while adhering to budgets and regulatory frameworks
• Providing reward insights and recommendations in line with market trends
• Managing market compensation survey data submissions and reviews
• Supporting the implementation of the new flexible benefits platform
• Advising HR Business Partners on reward-related activities (hires and movers, etc.)
• Liaising with vendors and brokers and carrying out benefits renewals
• Preparing for Remuneration Committee meetings

This is a broad total reward position that offers extensive development opportunities for the right candidate. While a financial services sector background is preferred, the hiring manager is happy to consider candidates who have worked in a variety of industries. This could be a unique opportunity for someone to secure their first role within this sector and learn the regulatory and governance requirements attached to this environment.

The Head of Reward will act as a mentor, and the role can provide a stepping stone for a high-performing Senior Analyst looking to progress to Manager grade. You’ll have the ability to work independently and add value. The right candidate will bring at least 4-6 years of compensation/total reward experience, and it’s a bonus if you’ve used Workday. You should show initiative, have an eye for detail, be curious, and be committed to continuous improvement and personal development.

The salary on offer for this role is £80k plus completion bonus and benefits. They operate a hybrid policy with their office in central London (60% office-based). If you’re interested in this role and would like more information, please apply and contact Nick Arnold at Frazer Jones with any questions or to have a confidential discussion about your job search in the reward market.

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.