Senior Reward & Benefits Leader (Regulated FS)

Coventry Building Society; Coventry; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

28 days holiday + bank holidays

Annual discretionary bonus scheme

Personal pension with matched employer

Life assurance (6x salary)

Company car allowance (£5,500)

Private Medical Insurance

Job summary

Coventry Building Society is seeking a Senior Reward Manager to lead a four-person Reward team and act as the group SME on reward, benefits and remuneration governance. The role partners with senior leaders to translate complex concepts into practical solutions in a regulated financial services setting.

You will oversee pension governance, benefits management and supplier relationships, using data to inform decisions and improve the colleague experience in a hybrid office model in Coventry.

Qualifications

• Proven experience leading Reward activity within a regulated financial services environment.
• Experience preparing and presenting papers for Remuneration Committees and supporting senior executives on reward-related matters.
• Strong expertise across both compensation and benefits, including executive remuneration, market benchmarking, pay reviews and reward governance.
• Knowledge of reward benchmarking and job evaluation methodologies.
• Significant experience managing pensions governance and employee benefits programmes, working with trustees and governance committees.
• Previous people management experience and ability to develop high-performing teams.
• Excellent stakeholder management with credibility to influence senior leaders.
• Advanced Excel skills and experience producing high-quality reporting and MI.
• Familiarity with regulatory reporting requirements and executive incentive plans.
• Experience configuring or enhancing reward processes within HRIS (Workday).
• CIPD qualification and deep understanding of reward best practice.

Responsibilities

• Lead a team of Reward professionals and act as the Group's subject matter expert on reward, benefits and remuneration governance.
• Provide expert guidance to senior leaders on complex reward matters in a regulated financial services environment.
• Prepare Remuneration Committee papers and support annual executive remuneration activities.
• Drive design, delivery and continuous improvement of compensation, benefits and pension arrangements.
• Oversee governance, supplier oversight and regulatory reporting related to reward.

Skills

Reward leadership

Regulatory knowledge

Remuneration Committee prep

Compensation & Benefits

Executive remuneration

Market benchmarking

Pay reviews

Job evaluation methods

Pensions governance

Stakeholder management

People leadership

Excel reporting

Executive incentives

HRIS (Workday)

CIPD qualification

Education

CIPD qualification

Tools

Workday

Job description

Coventry Building Society is seeking a Senior Reward Manager to lead a four-person Reward team and act as the group SME on reward, benefits and remuneration governance. The role partners with senior leaders to translate complex concepts into practical solutions in a regulated financial services setting.

You will oversee pension governance, benefits management and supplier relationships, using data to inform decisions and improve the colleague experience in a hybrid office model in Coventry.