Rewards Analyst

Catalyst Partners; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading Financial Services firm in London is seeking a Reward Associate to conduct compensation benchmarking and analysis. The role involves providing insights to support reward decisions, managing data accuracy, and complying with regulatory standards. Ideal candidates will have experience in compensation roles within financial services, strong analytical skills, and advanced Excel proficiency. This position offers the opportunity to contribute to vital reward projects in a dynamic environment.

Qualifications

• Experience in a Reward Analyst or Compensation Analyst role within financial services or private equity.
• Strong analytical and quantitative skills with advanced Excel capability.
• Ability to maintain data accuracy in high-stakes environments.

Responsibilities

• Conduct market benchmarking using external surveys and data providers.
• Support the annual compensation review process, including salary and bonus planning.
• Provide timely and accurate reward-related reporting for HR and Finance teams.

Skills

Analytical skills

Communication skills

Excel advanced capabilities

Education

Degree in a numerate or business-related field

Professional HR qualification

Tools

HRIS

Data visualization tools

Job description

Job Title : Reward Associate

Location : London (4 days a week on site)

Position Overview

Catalyst Partners have partnered with a leading Financial Services firm on the search for a Reward Associate. You will play a key role in delivering high-quality compensation insights, benchmarking, and modelling to support reward decisions across the firm. This role is ideal for an analytical, detail‑oriented reward professional who thrives in a fast‑paced, commercial environment and who is confident dealing with sensitive and complex reward data.

Key Responsibilities

Compensation Analytics & Benchmarking

• Conduct market benchmarking using external surveys and data providers, with a focus on investment, deal, and portfolio roles.
• Analyse compensation trends across the financial services and private equity markets to inform reward recommendations.
• Prepare and maintain internal compensation databases and dashboards.

Annual Reward Cycle

• Support the annual compensation review process, including salary, bonus, carried interest, and long‑term incentive planning.
• Produce modelling, scenario planning, and compensation cost analysis for senior stakeholders.
• Quality‑check reward data and ensure accuracy in compensation cycle tools and processes.

Data & Reporting

• Provide timely and accurate reward‑related reporting for HR, Finance, and senior leadership teams.
• Ensure compliance with regulatory and governance requirements (e.g., gender pay reporting, regulatory remuneration codes where applicable).
• Maintain strong data privacy and confidentiality standards.

Reward Projects

• Support global or regional reward projects, including benefit reviews, job levelling, pay structure development, and technology implementation.
• Contribute to continuous improvement of reward processes and systems.

Skills & Experience Required

Essential

• Experience in a Reward Analyst or Compensation Analyst role within financial services, private equity, or a similar data‑driven environment.
• Strong analytical and quantitative skills, with advanced Excel capability (pivot tables, lookups, modelling).
• Comfortable with large datasets and maintaining data accuracy in high‑stakes environments.
• Strong communication skills, able to present insights clearly to non‑technical audiences.
• High level of professionalism, discretion, and attention to detail.

Desirable

• Experience supporting compensation cycles and incentive plan administration.
• Familiarity with carried interest and private equity remuneration structures.
• Knowledge of HRIS, compensation systems, or data visualisation tools.
• Degree in a numerate or business‑related field, or professional HR qualification.