Reward Governance Senior Specialist - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role Responsibilities:

Ensure that the Group's remunerationrelated policies and processes are compliant with regulatory requirements and expectations through a regular review of variable compensation plans and fixed pay components. Produce remunerationrelated regulatory submissionsand oversee the preparation and review of regulatory reporting data tables.
Interpret the implications for the Group of new or revised regulation by drafting responses to consultations and reviewing the alignment of internal practices through detailed gap analyses.
Oversee subsidiary remuneration governance by partnering with the country and regional reward teams on the implementation of countryspecific regulations in key markets. Ensure appropriate global alignment and consistency on how subsidiaries manage requirements(including remuneration committees) and regulatory reporting.
Support the preparation for the Group Remuneration Committee, the Group Reward Plan Committee and the Remuneration Adjustment Committee meetings by writing proposals in papers to ensure the proper governance of remuneration, particularly relating to therisk adjustment of remuneration.
Maintain a governance framework for incentives and other aspects of remuneration that is efficient, effective and agile by supporting the design and maintenance of policies, standards, guidelines, detailed operating instructions and communication templates.

Develop and maintain Group-wide conformance testing, monitoring and reporting to provide assurance that Group-wide policies and processes are being followed.

Strategy:

Awareness and understanding of the strategy of the Group and its subsidiaries and model appropriate to the role.

Business:

Awareness and understanding of the wider business, economic and market environment in which the Group and its subsidiaries operates.

Processes:

Responsible for ensuring reward policies and practices are compliant with regulatory requirements and aligned with the longterm interests of the Group.

People and Talent:

Lead through example and build the appropriate culture and values within the broader team.

Risk Management:

Ensure a full understanding of the risk and control environment in area of responsibility in line with the Group's Risk Management Framework and the regulatory framework in which the Group operates, particularly in respect of reward governance and executivecompensation.

Other Responsibilities:

Embed Here for good and Group's brand and values in Executive Compensation and Reward Governance.
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Support the Global Head, Performance, Reward and Benefits, and the Head, Executive Compensation & Reward Governance with all aspects of reward as required.
Monitor market intelligence on competitor activity and industry best practice.
No specific qualifications needed but indepth knowledge of PRA Rulebook, SM&CR and other associated regulations preferred.

Role Specific Competencies:

Compensation Management
Effective Communications
Equity-Based Pay Programs
Incentive Programs
HR Legal and Regulatory Environment
HR: Policies, Standards and Procedures

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunitiesto grow and do better than before.

If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you.

You can count on us to celebrate your unique talents. And we can't wait to see the talents you canbring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours.

When you work with us, you'll see how we value difference and advocate inclusion.

Together we:
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Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
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Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
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Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
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Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
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Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
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Flexible working options based around home and office locations, with flexible working patterns
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Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-helptoolkits
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A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
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Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
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