Hiring Now: Compensation Partner Near You – Apply Today!
Your Next Compensation Partner Job Starts Here – Apply Now!
Compensation Partner
Job Posted: 2 days ago
Salary: £ 60,000 - 70,000 / Annum
Job Type: Permanent
Location: London
Expire in: a month
Job Description
Our client is seeking a Compensation Partner. This is a critical role to support a compliant, and structured compensation and benefits processes across their global operation.
The post holder will support the department reporting to the Senior Compensation & Benefits Manager in delivering payroll, benefits, and compliance processes across global entities (UK, Canada, Singapore, Netherlands, and Spain). The role focuses on administering compensation policies, executive payroll, remuneration committee administration, executive benefits planning and statutory reporting, while ensuring alignment with local regulations and internal controls.
Key Areas:
Global payroll coordination including executives, & regulated requirements
Preparation of reporting materials for the Remuneration Committee
Monitoring compensation compliance across the group.
Bonus and LTIP preparation tracking, preparation of schemes.
Deferred compensation (cash/equity), clawbacks, and workflows
Audit & Data Request Support
Support team members with department works flow.
The role also contributes to improving processes whilst supporting compensation risk management and is a Code of Conduct (COCON) role.
Key Responsibilities and Accountabilities:
Governance, Risk & RemCo Support
Assist in the preparation of documentation for Remuneration Committee meetings.
Support audit processes, payroll risk assessments, and regulatory reporting.
Assist with the administration of executive bonus plans, deferred pay, and related workflows.
Ensure robust documentation of annual remuneration process, salary changes, bonus approvals, and benefit adjustments.
Collaborate with Legal Team, related departments on compensation governance and RemCo topics.
Preparation of the executive directors annual disclosure documentation.
Maintain payroll reporting for FCA reporting and oversee all statutory reporting.
Monitor compliance with UK and regional remuneration regulations.
Global Payroll
Assist in processing global payroll, ensuring accuracy and compliance with local tax and employment laws.
Maintain, oversee accurate records for Material Risk Takers and Senior Management and across all jurisdictions.
Monitor compliance with UK and regional remuneration regulations.
Prepare and submit statutory reporting.
Reconciliation of payroll general ledger accounts and month-end processes
Compensation Payroll Reporting to key stakeholders.
Executive & Global Benefits
Support benefit administration for executive senior management team, tailored benefit packages for each jurisdictions.
Assist with coordinating with benefit providers on renewals, tenders, and employee queries.
Policies, Processes & Documentation
Maintain up-to-date payroll and benefits policies.
Ensure standardised and compliant payroll and HR procedures while adapting to local requirements.
Maintain, oversee accurate records for MRT's Directors, Senior Management across jurisdictions.
Ensure executive pay decisions are documented and audit-ready.
The ideal candidate will bring:
Strong attention to detail and ability to manage confidential data.
Commercial awareness with an understanding of global payroll and benefits administration.
Strong organisational and communication skills to liaise with internal and external stakeholders.
Proven experience of Payroll Compensation and Benefits within Financial or Professional Services - similar role experience of 3 - 5+ years
Knowledge of payroll processes in at least 2 other locations (UK, Canada, Singapore, Netherlands or Spain)
Able to demonstrate a clear understanding of the purpose of confidentiality in payroll compliance for employee personal data.
HR and Payroll systems knowledge and intermediate/advanced MS Office, Outlook, Word, Excel and Powerpoint
CIPP or International Association of Book Keepers Qualification - desirable
High standard or oral and written English is mandatory
Fluency in other European languages (EG: Spanish, Dutch French) desirable
INDHRR
50580JRBefore You Apply
Do not include the following in your job application, CV, or cover letter:
- Bank details.
- National Insurance number.
- Date of birth.
You should not be asked for payment or irrelevant information. If you have concerns about a job advert or employer, seek guidance on how to proceed.
Looking for your next career move? Join a top company hiring Compensation Partner job near me in London! This is your chance to work on exciting projects, grow professionally, and enjoy a rewarding career with competitive pay and excellent benefits. Whether you're an experienced professional or looking to take the next step, this role offers the perfect opportunity to enhance your skills and make an impact. Don’t miss out—apply today via Vita CV and take your career to the next level!
© Vita CV: Registered in England and Wales (16187919).