Executive Compensation Banking : Senior level Specialist : London

 

Background

 

Currently, our client teams support major banks, insurance companies and Investment Management businesses around risk transformation, people transformation and overall business transformation.   Key to this is how FS businesses reward their people.  The regulatory, legal and conduct climates mean that reward is high profile and complex.  We are seeking a seasoned expert to build capability around.  We see initially our focus to be on the regulatory aspects of FS reward, including remuneration code audits, reward aspects of part of regulatory investigations eg S166s, internal audits of reward and conduct more broadly. 

 

 The role will therefore be 3 parts delivery, 1 part sales support and 1 part capability building.

 Role and Responsibilities 

We are seeking a Reward advisor with extensive experience of reward issues in the regulated financial services market, with a ‘must have’ focus on the banking sector, and a nice to have experience set for Insurance and/or Investment Management sectors.

 The successful candidate will be expected to:

 ·         Represent in client discussions on remuneration schemes, at Board, C-Suite and senior levels in regulation, internal audit and compliance

·         Undertake advisory and consulting engagements across financial services clients relating to remuneration and reward

·         Link with the PRA, FCA and any other relevant regulators to understand the direction of travel and areas of concern within the regulatory regime currently

·         Network across remuneration professionals in the industry to ensure they are across trends and developments in the sector

·         Contribute thought leadership and proposition development to the overall reward team, representing the financial sector issues

·         Coach existing junior staff and begin to build capability through internal and external hiring and training, coaching and development.

 

Experience & Background 

We expect the successful candidate will have experience in one or more of these areas:

 ·         working within the remuneration team of significant financial services organisation

·         Working for one of the major regulators with a focus on remuneration, conduct and culture

·         Working for a big 4 advisory business

·         Working for a boutique reward consultancy firm

 

It is likely that the successful candidate will have circa 15 years of remuneration experience, the majority and most recent of which being within financial services.

 Critical areas of experience would include: 

·                     Remuneration governance

·                     Executive remuneration scheme design

·                     Remuneration committee workings

·                     Remuneration compliance / remuneration code

·                     S166 or equivalent

·                     Internal audits of remuneration arrangements

 

 Please contact us through email rrowe@chatworthrowe.co.uk or call 0044 207 9369555