Head of Regulatory Remuneration - Director - London, United Kingdom,

£150-200k

The company is a leading financial services provider.

  • Evaluating the bank's remuneration policies and practices against a continuously evolving remuneration regulatory landscape in the UK, and across EMEA with an understanding of the US regulator's requirements.
  • Keeping abreast of regional remuneration regulatory issues and keeping up to date with UK/EMEA remuneration regulatory issues
  • Interaction with Boards and relevant Committees within the region, EU Regulators, and act as a key member of the Regional Reward and Mobility team and Global Reward COE
  • Lead, manage and develop the EMEA Remuneration Regulatory Team
  • Implementing remuneration regulatory requirements and compliance with the UK /EMEA regulators as necessary whilst maintaining the bank's Global approach to remuneration regulatory issues
  • Key contributor in shaping and application of the bank's remuneration policy, processes and practices from a UK/EU/EMEA perspective.
  • Working closely with the Head of Compensation to shape and develop the bank's reward structures, ensuring compliance with regulatory requirements whilst maintaining bank's Global Compensation philosophy and remaining competitive.
  • Develop and manage client relationships with internal stakeholders including Risk and Compliance, Legal, Finance, HR Advisors, Business Partners and external contacts; delivering high value, best practice client solutions
  • Partner with wider HR to co-ordinate remuneration policies and processes with related HR processes such as performance management to ensure remuneration is used to positively influence leadership behaviour and culture.
  • Training/Upskilling HR colleagues and key stakeholders on practical implementation of remuneration regulatory requirements from a UK/EMEA/US perspective.
  • Delivery on annual targets set by HR and Reward and Mobility Management.
  • Managing audit responsibilities in connection with regulatory remuneration matters.
  • ​Development Value:
  • Exposure to diverse markets, cultures and businesses across the EMEA region;
  • Significant opportunities to interact with and guide HRBPs and Country HR within the region in addition to opportunities to work closely with business partners;
  • Significant opportunities to interact with senior management
  • Experience of remote management of processes;
  • Opportunities to work on complex and varied issues at regional level;
  • Significant growth opportunities within the bank for the right candidate.
  • Bachelors' degree
  • Legal/Tax background would be preferable but not essential for those with relevant experience
  • ​Knowledge/Experience:
  • Knowledge of UK and global regulatory issues.
  • Practical experience of management within a Compensation and Benefits function with regional and/or global responsibilities;
  • Proven track record in adding value and delivering on key projects.​
  • Skills:
  • First class client handling and consultancy skills will be vital, given the interaction required with Country HR staff, senior management and multiple businesses across the EMEA region;
  • Strong record of achievement and proven success in management of projects involving multiple stakeholders on a regional / global level ;
  • Management of compliance process on a regional / global level and ability to lead/manage/contribute to negotiations with local Revenue authorities and Compliance / Regulatory bodies;
  • Excellent interpersonal, communication and diplomacy skills with the ability to work successfully both as part of a team and on own initiative as well as the ability to inspire confidence from others;
  • Pro-active approach to work-load, consistently striving to add value to the business and to contribute to wider Reward and Mobility and HR projects and initiatives;
  • Excellent analytical and numerical skills with the ability to effectively review internal / external advice and to make appropriate recommendations to senior management.
  • ​Competencies
  • Expert with in-depth, up to date knowledge of Regulatory Remuneration practices and policies
  • High level of numerical, analytical and problem-solving skills
  • Excellent interpersonal, communication, diplomacy and influencing skills
  • Strong organizational skills and the ability to multi-task effectively in a high-volume environment
  • Ability to build strong relationships as a trusted partner and work as part of a senior management team
  • Strong influencing skills at all levels of the organization, and ability to work in a complex matrix environment
  • High tolerance for dealing with ambiguity and on-going change. Able to work in a complex environment with changing priorities
  • Process improvement' mind-set to increase the effectiveness and efficiency of the services offered
  • Resilient under pressure and self-motivated in a fast paced and demanding environment
  • Ability and willingness to operate at strategic and practical level
  • Values diversity - demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success