Senior Reward Manager (UK & Europe) c£230,000 (TC)

I am delighted to be retained to support a leading global FS business (60k+ staff) to secure a pivotal role in their London office. Operating as the most senior reward specialist across the UK and Europe, this role functions as the effective local Head of Reward, with significant visibility to senior leadership, Board-level committees, and the Group RemCo. The Senior Reward Manager (UK & Europe) is responsible for ensuring full compliance with UK and European remuneration regulations, including PRA, FCA and EBA requirements. The position also serves as the primary link to Group stakeholders, ensuring alignment of frameworks, governance standards, and strategic priorities across jurisdictions.

Key Responsibilities

• Oversee all reward, benefits, and payroll processes in line with the PRA Remuneration Rulebook for a level two firm.
• Lead all remuneration regulatory disclosures and submissions, including RPS, high earners, Pillar 3 and gender pay gap reporting.
• Manage and maintain the MRT Identification process for the UK, ensuring adherence to policy and maintaining a clear audit trail of decisions.
• Coordinate the annual MRT Identification Report and associated reviews with Risk, Compliance and other stakeholders.
• Attend and manage meeting schedules, agendas, documentation and approvals for UK & Europe RemCo (c6 per year), as well as draft submissions to the Group RemCo.
• Oversee local regulatory reporting and maintain key documentation, committee papers and minutes to demonstrate compliance.
• Lead the annual remuneration review process and support the development and application of remuneration frameworks, including bonus pool considerations and risk adjustments.
• Act as a strategic advisor to senior management and the RemCo on complex compensation matters.
• Provide technical guidance and bespoke solutions to stakeholders on advanced reward topics.
• Represent the bank at industry reward round tables and networking events.
• Develop HR and Compensation MI reporting capabilities, ensuring stakeholders have access to robust dashboards and analytics.

Candidate Profile

The bank is seeking to meet experienced reward managers from the financial services sector with:

• Significant experience in MRT identification, management and reporting.
• Strong technical expertise in UK remuneration regulation and a solid understanding of European requirements.
• Demonstrable exposure to, and attendance at, RemCo.
• Excellent stakeholder management skills and the ability to balance regulatory obligations with Group strategy.

Location

Bank / St Paul’s, London Hybrid working: 3 days in the office, 2 days from home.

Please contact Peter Francis at Frazer Jones for a confidential discussion on this opportunity

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.