Senior Manager, Deferred Compensation
Requisition Number: 55766
Job Location: London, GBR
Global Grade: Band 5
Work Type: Office Working
Employment Type: Permanent
Posting Start Date: 09/06/2026
Posting End Date: 06/07/2026
:Job Summary
We are seeking an exceptional Senior Manager, Deferred Compensation to lead the end\-to\-end governance and delivery of our global deferred compensation and equity programmes.
This is a highly visible role sitting within the Compensation function (Performance, Reward \& Benefits), offering the opportunity to shape strategy, strengthen governance frameworks, and influence senior stakeholders across HR, Finance, Treasury, and Corporate Secretariat.
You will play a critical role in ensuring our reward structures are robust, compliant, competitive and aligned with the Bank’s strategic objectives—while delivering a best\-in\-class employee experience.
Key Responsibilities
Strategic Leadership \& Governance
- Lead governance and oversight of all deferred compensation and equity plans across the Group.
- Ensure compliance with regulatory requirements, including statutory disclosures and remuneration reporting.
- Challenge and enhance control frameworks to strengthen risk management and governance effectiveness.
- Oversee the full lifecycle of deferred compensation processes, including award design implementation, vesting, settlement, and reporting.
- Lead operational delivery, ensuring accuracy, efficiency, and regulatory alignment across all processes.
- Partner with Finance on accounting impacts, including IFRS2 reporting (IFRS2: international accounting standard governing share\-based payments
- Collaborate with Treasury on forecasting Employee Benefit Trust funding requirements, hedging strategies, and capital management.
- Partner with senior stakeholders across HR, Finance, Legal, Risk, and Compliance.
- Support executive and regulatory forums, including Remuneration Committees and disclosure requirements.
- Build and manage relationships with external vendors, regulators, and auditors
- Continuously enhance deferred compensation processes, policies, and systems to drive efficiency and improve employee experience.
- Monitor market trends and competitor practices to ensure best\-in\-class programme design.
Technical Expertise
- Deep expertise in equity and deferred compensation plan mechanics (end\-to\-end)
- Strong knowledge of regulatory, tax, and disclosure requirements
- Core understanding of financial accounting, particularly IFRS2
- Experience in share plan funding, hedging, and capital management
- Strategic mindset with the ability to influence at executive level and build best\-in\-class employee experience
- Strong decision\-making and problem\-solving capability
- Proven ability to lead teams and develop talent
- Excellent stakeholder management and collaboration skills
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 opportunities to 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 can bring 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:
- 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
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time\-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- 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\-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- 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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