Reward Partner

Lloyds Bank plc; United Kingdom; On-site; GBP 61,000 - 68,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

Lifestyle discounts

30 days holiday

Wellbeing & parental leave

Job summary

Lloyds Banking Group in the United Kingdom seeks a Reward Partner – BCB & CIB to develop and execute reward activity across Business & Commercial Banking and Corporate & Institutional Banking. You will report to the Head of Reward for BCB & CIB and collaborate with divisional Reward Partners to deploy advanced analytics for commercially compelling rewards.

The role emphasises stakeholder collaboration, data storytelling, and driving transformational reward decisions within a hybrid working model.

Responsibilities

• Support the application of reward policies to enable a best-in-class reward strategy for BCB & CIB.
• Use benchmarking, modelling and external trend insights for data-led reward proposition development.
• Build understanding of business area priorities and risks to tailor reward approaches.
• Develop trusted relationships with People Partners and stakeholders to support colleague reward lifecycle.
• Coordinate annual pay and bonus activities for BCB & CIB with the Reward team.
• Support strategic initiatives including TUPEs and divestments within Reward governance.
• Ensure governance and regulatory requirements are met when attracting needed skills.

Job description

End Date Sunday 30 August 2026 Salary Range £61,344 - £68,160 We support flexible working – click here for more information on flexible working options Flexible Working Options Hybrid Working

Job Description Summary

Role Title:

Reward Partner – BCB & CIB

Location(s):

Bristol, Leeds, Halifax or Edinburgh

Type:

Full Time, Permanent

Working Pattern:

Our work style is hybrid, which involves spending at least two days per week, or 40% of our time

Role Purpose

The Reward Partner role will support the development and execution of reward activity for the Business & Commercial Banking and Corporate & Institutional Banking divisions at Lloyds Banking Group. Reporting to the Head of Reward for BCB & CIB while supporting activities led by the divisional Reward Partners, the role-holder will be expected to deploy advanced analytics and drive insights to enable the implementation of commercially compelling reward propositions and inform strategic transformational reward decisions. The role requires strong analytical capabilities as well as collaboration skills to build effective relationships with People Partners, business stakeholders, and relevant colleagues across the wider Reward team. A customer and product-centric mindset, combined with strong analytical capability and a passion for innovation will be key to success.

Key Accountabilities

• Support the application of reward policies and practices to enable a best-in-class reward strategy for BCB & CIB, helping the Group to attract and retain the skills needed to drive our strategic objectives.
• Proactively use benchmarking, modelling and external trend insights to facilitate bold and innovative data-led reward proposition development.
• Build understanding of business area priorities, challenges, and risks to help tailor reward approaches that meet evolving needs.
• Develop trusted working relationships with People Partners and business stakeholders to support the colleague reward life cycle, including recruitment, retention, exits, and organisational change.
• Annual pay and bonus activities for BCB & CIB, utilising the Reward team to ensure smooth and effective delivery.
• Provide support on reward-related strategic initiatives including Group and business area-led change programmes, such as TUPEs and divestments.
• Ensure the business area is empowered to use our Reward framework to attract the necessary skills and talent to deliver our strategy whilst adhering to our governance framework and regulatory requirements.

About you

You’re energised by the opportunity to shape how Reward supports people and performance across the business. You are enthusiastic about data/insight and bring curiosity, a collaborative mindset, and a desire to drive people practices forwards - now you’re ready to deepen your expertise in Reward. You'll be able to communicate and tell stories using data. You’re confident working with stakeholders, asking insightful questions, and translating complexity into clear, practical solutions. You’re ready to have impact in a team that values learning and innovation.

Skills and Experience

Demonstrated desire to learn new approaches, techniques and technologies and work in an agile way.

• Storytelling & communication: Excellent verbal and written communication skills to convey complex findings to stakeholders.
• Collaboration: Proven ability to work collaboratively in cross-functional teams and influence decision-making.
• Problem solving: Creative problem-solving skills to address reward people challenges using data-driven approaches.
• Appetite to gain deep understanding of core reward principles including benchmarking, pay structures, incentive design, and governance.
• Willingness to aid crafting flexible, innovative people practices that enable the partnered business to deliver transformational change.
• Ability to translate business needs into clear, actionable reward support, aligning with governance and regulatory requirements.
• Ability to thrive in diverse stakeholder environments; able to engage leaders and balance competing demands.
• Strong analytical skills, adept at synthesising data to shape reward decisions, including critically challenging data.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it's why we especially welcome applications from under-represented groups.

We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.

With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference. With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.