Compensation Analyst

Dalton Recruitment Limited
Closing date
11 Jun 2022

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Contract Type
Full Time
Dalton Recruitment is looking for an experienced Compensation Analyst to join a FTSE 250 financial services firm in the Group Compensation & Benefits team. The Compensation Analyst will assist with the delivery of compensation projects, plans and processes for employees across the client. Working within a fantastic existing team and due to growth, this brand new role will be varied with involvement in the annual compensation review process, implementing and administering compensation structures, managing remuneration regulatory requirements and disclosures, and group-wide benchmarking activities.

The role is offered on a full time permanent basis with a very flexible hybrid approach to work with roughly 2-3 days week working from home (common sense prevails) with the other days in either the City or London offices.

While the ideal candidate will already have compensation analysis experience from within a regulated financial services business, the client is also open to candidates with broader industry backgrounds who have the interest and transferable skills to move into regulated remuneration within the FS sector. It is therefore an amazing development opportunity for the right candidate.

Key responsibilities to include:
  • Provide support for the design, planning, implementation and delivery of the annual compensation review process for all divisions
  • Contribute to the processes required to ensure remuneration structures are compliant with regulations in place within financial services
  • Take accountability for the preparation and submission of the data requirements for annual external reward reporting and reward submissions to the PRA and FCA
  • Assist in the preparation of the remuneration reports in the Annual Report and Accounts
  • Support and contribute to the preparation of papers for the Remuneration Committee
  • Responsible for the provision and receipt all necessary financial information required during the annual compensation cycle
  • Assist with the annual pay survey submission processes including data collation and analysis along with support to the business on ad-hoc benchmarking requirements
  • Work with Risk, Compliance and the businesses to assist in ensuring that all employee commission schemes are incentivising the correct behaviours and outcomes, and are compliant with all regulatory and legislative requirements
  • Responsible for other ad hoc compensation projects and processes
  • Responsible for processing and ensuring the accuracy and of all compensation data
  • Provide administrative support for the Head of Reward and HR Operations

Skills & Experience Required:

  • Experience of assisting with annual compensation reviews
  • Experience of and the ability to manage multiple projects and processes concurrently and ensure that, through effective planning and preparation, they are delivered on time and are of high quality
  • Effective written and verbal communication
  • Intermediate to Advanced excel skills including formulas such as vlookups
  • Intermediate PowerPoint skills
  • Ability to extract, analyse and present data
  • Ability to handle sensitive information with confidentiality

  • Reward/Comp knowledge gained in a Financial Services environment
  • Experience of managing compensation systems
  • Substantial experience of data analysis
  • The ability to effectively balance the commercial and control aspects of reward

Dalton Recruitment Ltd is acting as a recruitment agency in relation to this role. We will always try to respond to all applications individually but due to the high volume we receive, this may simply not be possible. So if you do not hear back from us within 3 working days, please accept our apologies but please also assume you have been unsuccessful on this occasion.

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