Senior Compensation Specialist (12 month FTC)

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity and promote inclusivity. Vacancies are available on a part\-time, job\-share or full\-time basis because we know the best person for the job isn’t always available full\-time. Our aim is to facilitate requests wherever possible and managers will consider requests on an individual basis.

Join the Close Brothers HR Team where you will be responsible for managing and delivering a number of compensation projects, plans and processes for colleagues within Close Brothers, including governance of sales and business specific incentive schemes, job architecture/evaluation and delivery of the annual compensation review process.

Working as part of the Reward team our ideal team member will have previous experience in ensuring that all employee sales schemes are incentivising the correct behaviours and outcomes and are compliant with all regulatory and legislative requirements with excellent written and verbal communication skills.

RESPONSIBILITIES

• Prepare papers for the Bank\-wide Sales Incentives Steerco meetings.


• Maintain the sales incentives governance framework and liaise with sales incentives scheme owners in the businesses to ensure adherence to it.


• Own the annual sales incentive schemes review, for the approval of the Bank\-wide Sales Incentives Steerco.


• Oversee the implementation and end\-to\-end management of business\-specific long\-term incentive plans, covering grant and vesting processes, communications, and stakeholder engagement.


• Plan agenda, conduct research and draft papers for the Head of Reward \& HR Infrastructure to review, in preparation for the Remuneration Committee.


• Prepare and review datasets for annual pay survey submission process, including job matching, analysis of the results and support to the business on ad\-hoc benchmarking requirements.


• Deliver market data and salary structure analysis as required, supporting alignment of employee pay with external market benchmarks

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:

• Extensive reward exposure within financial services.


• An ability to manage multiple projects and processes concurrently, ensuring effective planning and preparation, delivered on time and of high quality.


• Delivered annual compensation reviews within financial services.


• The ability to effectively communicate with senior managers and Board level.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE:

• Knowledge of sales incentive schemes and executive compensation


• Knowledge of the legislative, regulatory and compliance requirements for UK listed companies


• Experience of managing compensation systems, including use of compensation review systems/platforms


• Experience of data analysis and compensation strategy


• An appreciation of how to apply AI to enhance compensation delivery

We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format, or any other adjustments, are encouraged to email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250\.

To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

To find out more about life at Close Brothers:

https://www.closebrothers.com/life\-close\-brothers\#374017299\-899295541

To find out more about our benefits:

https://www.closebrothers.com/employee\-benefits

To find out more about our commitment to creating an inclusive environment:

Our Responsibility \- Diversity and inclusion ¦ Close Brothers Group

\#LI\-CD1 \#LI\-Hybrid

At Close Brothers Group, we are all connected by our mission to be the best place in the UK for wealth professionals and their clients.

We believe that everyone should think ahead, have a financial plan and invest wisely. Our clients are professionals, business owners, individuals, charities, families, and employers, who rely on our clear financial advice and investment management services to preserve and grow their long\-term savings and investments.

We are a team of about 900 people based in 15 offices across the UK. Our geographic footprint means we can combine a local approach with face\-to\-face services to enable strong, long\-term relationships with our clients.

Sustainability is fundamental to our purpose and we have a responsibility to help address the social, economic and environmental challenges facing our business, colleagues and clients. We strive to do the right thing and are dedicated to helping the charities that matter most to our people.

Our vision is to develop an open and inclusive company that ensures everyone is valued, respected and included, so that in years to come our business will represent a diverse and inclusive workforce from the top down.

We look to recruit individuals from all different backgrounds. If this job is of interest to you but you do not meet every criteria then we encourage you still to apply as we are open to providing training opportunities.

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