Interim Head of Reward Fintech
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The Interim Head of Reward will oversee the development and execution of reward strategies within the Organisation. Based in London, this regulatory focused role requires expertise in designing and implementing competitive compensation and benefits frameworks within a well-known Fintech firm.
The employer is a medium-sized organisation within the financial services and fintech industry, recognised for its focus on innovation and delivering exceptional solutions. The company operates in a fast-paced environment, requiring individuals who are adept at managing change and driving results.
Description
Interim Head of Reward Fintech general responsibilities outline:
Reward and benefits:
- Lead the annual compensation review process, including salary, bonus, and equity cycles, providing data-driven recommendations to leadership and the Remuneration Committee.
- Conduct regular market bench-marking and analysis to ensure our reward packages remain competitive within the Financial services and Fin Tech sectors.
- Manage the company's benefits portfolio (e.g., pension, health care, life assurance), ensuring they are cost-effective, valued by employees, and compliant with UK legislation.
- Manage the company's equity and share-based compensation plans, working closely with Finance, Legal, Company Secretariat and external advisers.
PRA & FCA regulatory compliance:
- Serve as the subject matter expert on PRA and FCA remuneration rules.
- Partner with the Risk and Compliance teams to embed a strong risk-based approach into all reward policies and to ensure effective ex-ante and ex-post risk adjustments.
- Manage the annual process for identifying and classifying Material Risk Takers (MRTs) and ensure their remuneration arrangements comply with regulatory requirements, including rules on deferral and clawback.
- Prepare and submit all required regulatory reports on remuneration and manage any PRA and FCA interactions with the Regulatory Affairs team.
Governance:
- Prepare reports and materials for the Remuneration Committee and Board meetings, providing expert analysis and recommendations
- Manage relationships with external reward consultants, benefits brokers, and other third-party providers.
- Ensure reward processes and procedures are aligned with internal risk and control guidance.
Leadership and management:
- Lead, mentor, and develop the reward team, fostering a culture of high performance and continuous improvement.
- Manage the reward budget and forecast.
Profile
A successful applicant for the Interim Head of Reward Fintech role should have:
- Proven experience in reward management within the financial services industry and Knowledge of regulatory requirements related to reward policies.
- Experience in managing or supporting Remuneration Committees.
- A strong understanding of compensation frameworks, market benchmarking, and benefits design.
- Excellent analytical skills and the ability to interpret data effectively.
- Experience in stakeholder management and working with senior leadership teams.
- Exceptional attention to detail with the ability to manage sensitive data with discretion.
- Strong analytical and communication skills, both written and verbal.
- Ability to work independently and thrive in a fast-paced, dynamic environment.
Job Offer
- A competitive salary and wider benefits package.
- Exposure to a strategic leadership role with the chance to make real change.
- Engagement in transformative projects and initiatives within a fast growth and dynamic organisation.
- London based role with 2.5 days WFH/ Hybrid Working.
- Location:
- City Of London, England, United Kingdom
- Salary:
- £125,000 - £150,000
- Job Type:
- FullTime
- Category:
- IT & Technology
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