Senior Reward Analyst

ClearBank Ltd; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

ClearBank Ltd. is seeking a Senior Reward Analyst to drive the integrity and quality of reward data across compensation, incentives and equity. You will build high-quality analyses, models and dashboards, support annual and mid-year reward reviews, and benchmark against the market to ensure fair pay decisions.

You will partner with People, Finance and Payroll to resolve data issues, automate reporting, and deliver decision-ready outputs in a timely manner.

Qualifications

• Strong experience in reward analysis and compensation data.
• Advanced Excel with data validation, modelling and reconciliation.
• Experience with data governance, audit trails and data quality checks.
• Ability to distil complex reward data into clear reports for senior stakeholders.

Responsibilities

• Own integrity and accuracy of reward data across compensation, incentives and equity.
• Produce high-quality reward analysis, models and dashboards.
• Lead data analysis for annual and mid-year reward reviews; prep, modelling, QA and validation.
• Conduct robust market benchmarking and pay analysis; compare internal and external data.
• Monitor pay positioning, progression, incentive outcomes and equity data for anomalies.
• Maintain reward datasets, definitions, version control and reconciliation across sources.
• Drive automation in reward reporting and embed Dayforce module.
• Collaborate with People, Finance, Payroll and stakeholders to ensure timely delivery.

Skills

Reward analysis

Advanced Excel

Data governance

Stakeholder management

Data quality

Pay benchmarking

Analytical modelling

Attention to detail

Communication

Data visualization

Tools

Dayforce Compensation Module

Job description

Senior Reward Analyst

About us:

We do things differently around here.

We built ClearBank on the belief that banking infrastructure would no longer slow down progress. Instead, it would be a catalyst that unlocks the potential to innovate. It would adapt to different needs so a new era in financial services could begin. We’re here to challenge the status quo in banking, are you?

We all know that transforming banking forever is not an easy mission, but we’re more than ready to rise to that challenge. We all do it every day; navigating new, unexpected and sometimes even daunting challenges. But we believe in ourselves and trust we can do it.

Want to innovate? Go for it. Push for a better way? You Can. If you think you have it in you, this is Where You Can.

What you can expect:

ClearBank is a place where you can do things differently and challenge the status quo. We will give you a high level of autonomy and transparency, and we trust you to make the right decisions for the bank.

If that excites you, how about joining our People Team as a Senior Reward Analyst. The team is challenging ClearBank to think differently about how we reward our employees. In this role, you will be the analytical engine of the Reward function, turning complex data into accurate, trusted insights that support fair, well-governed and commercially sound reward decisions.

Your role will include:

• Owning the integrity, accuracy and consistency of reward data across compensation, incentives and equity, with clear controls, validation checks and audit trails;

• Producing high-quality reward analysis, models and dashboards that translate complex data into clear insights, recommendations and decision-ready outputs;

• Leading data analysis for annual and mid-year reward review processes, including data preparation, modelling, quality assurance, reconciliation and final output validation;

• Delivering robust market benchmarking and pay analysis, ensuring accurate job matching, comparison of internal and external data, and clear interpretation of findings;

• Monitoring reward outcomes through analysis of pay positioning, pay progression, incentive outcomes and equity data, identifying anomalies, risks and trends that require action;

• Maintaining reliable reward datasets and reporting processes, including data definitions, documentation, version control and reconciliation across source systems and third-party providers;

• Driving automation and continuous improvement in reward reporting and data processes, including embedding the Dayforce Compensation Module and reducing manual data handling;

• Partnering with People, Finance, Payroll and business stakeholders to resolve data issues, improve data quality and ensure reward information is complete, accurate and delivered to agreed timelines;

• Preparing accurate reward reporting, disclosures and governance materials for internal and external audiences, with rigorous checking to ensure outputs are consistent and decision-ready;

• Providing analytical support for complex reward projects, including incentive and equity programmes, levelling frameworks, reward governance improvements and changes to reward practices;

• Acting as a subject matter expert on reward data and analysis, sharing best practice and supporting colleagues to build capability in data accuracy, controls and insight generation.

What we’re looking for:

• Strong experience in reward analysis, compensation data or a related analytical role. *Experience in a regulated financial institution, such as a bank or fintech, would be desirable but is not essential.

• Advanced analytical and numerical skills, with proven experience of working with large and complex datasets and translating analysis into practical recommendations.

• Exceptional attention to detail and a strong track record of producing accurate, controlled and well-documented data outputs.

• Advanced Excel capability, including complex formulas, data validation, reconciliation, modelling and the efficient analysis of large datasets. Experience with reporting or visualisation tools would be advantageous.

• Experience of reward benchmarking, pay review modelling, incentive analysis and the interpretation of market data.

• A strong understanding of data governance principles, including data quality checks, audit trails, version control, confidentiality and the secure handling of sensitive employee information.

• Ability to identify data anomalies, investigate root causes and work across teams to resolve issues accurately and efficiently.

• Ability to distil complex reward and data findings into concise reports, clear visual outputs and decision-ready recommendations for senior stakeholders.

• Strong planning and delivery skills, with the ability to manage recurring reporting cycles and analytical projects in a fast-paced environment while maintaining accuracy under pressure.

• Excellent communication and stakeholder-management skills, with the confidence to challenge data quality, explain analytical findings and promote consistent reward data practices across the People Team.

What makes a great ClearBank team member? Does this sound like you?

• You focus on solutions and positive outcomes, thinking radically and responsibly to find the best result for our customers, your colleagues and the bank;

• You actively seek feedback from others to drive your growth and development, always assuming positive intent from others and develop strong, trusting relationships you’re your colleagues and customers: you really, genuinely care;

• You always strive for the highest quality, but you know that done is better than perfect; you welcome a challenge knowing that they learn as you go and iterate;

• ‘I’ before ’we’, isn’t in your vocabulary.

*Please note that we are not currently able to sponsor applicants for immigration purposes.

A little bit more about us!

ClearBank is Where You Can belong:

At ClearBank we think about Diversity, Equity and Inclusion (DE&I) a lot. Not because we think we should. But because we know we should – how else can we build a happy workforce and be successful as a business. We’re committed to making sure our teams reflect society. And we put energy and effort into making this a place where everyone feels at home, where they’re given the trust and encouragement to do their very best work. Here are some of the things we’re most proud of:

• 42% of our senior management roles are held by women

• Our enhanced family leave policies

• Launching our partnership with Code First Girls

• Increasing awareness of neurodiversity in the workplace through our partnership with the Inclusive Group

Our hiring process and what you can expect:

Application: a member of our talent acquisition team will review your application against the key requirements for the role and let you know within two weeks whether you’re moving forward to the next stage;

Screening: You’ll spend 30-45 minutes speaking to one of our recruiters learning more about the role and ClearBank, and we’ll get it know more about you, your experience and how your skills align with the role (this will be via phone or Teams video call). You can expect to hear back from us within seven days following this meeting (if things are taking longer than expected, we’ll let you know that too);

First Interview: You’ll spend one hour with a member of our hiring team focusing on your skills, competencies and your ways of working at the same time we’ll give you time to ask more questions about the role, the team and learn more about the ClearBank culture. This will be via Teams.

Second Interview: This will be a competency-based interview with one or more members of our team.

Final Stage: You will have a final meeting with the Head of Department. This will be around 45-60 minutes.

Offer: Congratulations! Get ready to transform banking forever!

Our commitment to you as a candidate:

We will always try our best to get back to you within seven days of your interview whether you’ve been successful or not and provide you with feedback. Sometimes things take a little longer, so we may not have a decision to share but we will get it touch to let you know we need a little more time.

We’re unable to provide specific individual feedback at the application or screening stage but know that your application was reviewed and considered carefully.

We wish you the best of luck with your application and maybe we’ll be celebrating your new role at ClearBank soon!

Equal Opportunities

ClearBank is committed to ensuring equal opportunities throughout every stage of the recruitment process. ClearBank recognises that diversity is vital to the long‑term success of the business in the communities and markets in which it operates. ClearBank is also a firm believer that an inclusive culture fosters greater employee engagement and collaboration.

ClearBank strives for diversity and inclusion of all forms, including (but not limited to): gender, age, educational and professional background, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief and sexual orientation.

As part of the Company’s commitment to equal employment opportunity, we provide reasonable adjustments, to candidates during the recruitment process, including to individuals with disabilities. We want to create a safe space that welcomes everyone so please let us know how we can accommodate you. In case you have any accessibility requirements you can share that with our Talent Acquisition team prior to your interview stage, if applicable.

The legal bit

By submitting your CV to ClearBank Limited you are providing your consent for us to use the information you provide for recruitment purposes. For more information on how we manage your data go and check out our Candidate Privacy Notice on the ClearBank website to see how we process, manage and look after your data. You are also allowing us to communicate by email and telephone for recruitment purposes.