Reward Consultant - London, United Kingdom - NatWest Group

NatWest Group
NatWest Group
Verified Company
London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.


This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.

Join us as a Reward Consult

  • Sitting within our Executive Compensation team within Reward & Employment, you'll support us to achieve our strategic objectives across People & Transformation
  • You'll provide specialist technical advice in your area of expertise and build on your knowledge of our reward processes to support our people
  • Joining a diverse and collaborative team, you can expect lots of variety in this fastpaced role

What you'll do:


In this key role, you'll support our most senior employees with performance management and assessment and take the lead on process redesign and improvement in your area of expertise.

You'll also identify rewards related policy gaps and recommend policy and governance modifications.


Throughout the course of your work, you'll also cultivate a thorough understanding of the various reward related business requirements by building your knowledge of the different business areas and our operating model that supports them.

You'll maintain market intelligence through internal and external networks, building your knowledge of market trends to recommend improvements in our reward products and processes.


You'll also be:

  • Building and providing technical expertise around executive and enhanced governance performance management processes
  • Supporting the implementation of our core goals and working with business divisions and control functions to ensure compliance and assessment tracking
  • Preparing papers for senior stakeholder boards such as our Group Performance and Remuneration Committee and Legal Entity Sub Remuneration Committees
  • Supporting the annual salary and bonus processes involving management of bonus scorecards and performance assessments
  • Conducting and reporting on assurance activities covering the executive and enhanced governance population to meet regulatory performance requirements

The skills you'll need:


We're ideally looking for someone with experience in a reward function and knowledge of reward principles or someone with experience of performance management processes along with good overall HR knowledge.

You'll have strong business consulting skills and have experience in managing relationships with business stakeholders. Additionally, we'll expect you to have good communication and interpersonal skills with well-developed influencing skills.


We'll also expect:

  • Experience of managing one or more reward processes
  • Good numeracy and analytical skills with some statistical knowledge
  • A strong eye for detail with the ability to manage large volumes of complex data
  • Regulatory and finance acumen
  • Strong knowledge of Microsoft Office suite, especially Excel, Word, and PowerPoint
  • Programme management skills

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