Reward Manager (11638)

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Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Our people have always been at the heart of our business. Our employee value proposition is known as the Investec Experience - it positions our culture as the overarching, significant differentiator that guides conduct and relatedness. Join our highly collaborative Reward team, reporting directly to the Head of Reward where you'll provide reward consulting to an engaged business area across Investec's growing banking businesses.

Reward Manager

You will give expert advice on reward, using external and internal information, including some knowledge of regulatory and legal requirements as well as external benchmarking. The role further requires you to manage, co-ordinate, facilitate and participate in the UK Specialist Bank annual reward review cycle. You'll get lots of exposure to colleagues including Global Head of P&O; UK Head of P&O; Reward team; Staff Share Schemes; Benefits and Payroll; P&O Leads; P&O Consultants; Careers and Finance.

What will you be doing?

Advise on Remuneration regulatory and legal requirements:

The successful candidate will need to:
• Advise on the interpretation and application of external reward requirements, including all legal and regulatory requirements
• Ensure that we are compliant with our responsibilities and obligations in these areas
• Take responsibility for the preparation and submission of annual external reward reporting, including the gender pay gap report and reward submissions to the PRA and FCA.

Remuneration Research:

• Track remuneration and reward trends in the market
• Research best practice around benefits and rewards
• Investigate new remuneration models based on business needs
• Advise on reward packages for new job offers

Annual Reward Review:

• Process management of the annual reward process
• Communication with P&O Leads, People Consultants and business leaders
• Participation in divisional iteration processes
• Consolidation and analysis of proposals, followed by preparation of schedules for final approval by the Investec Group Remuneration Committee
• Assist in the preparation of the remuneration reports in the Annual Report and Accounts

Benchmarking:

• Ownership of participation in annual external reward benchmarking surveys.
• Analyze data from reward surveys to determine competitiveness both internally and externally as well as market demands to get a sense of skills scarcity.
• Ad hoc specifically requested benchmarking by tapping into other external sources e.g. employment agencies and other remuneration professionals

What are we looking for?

• Experience of Reward in a financial services environment, including remuneration regulations, reward consulting, benchmarking and surveys
• Knowledge of employee share schemes
• Experience of working with and advising business leaders
• Highly numerate
• Advanced Excel skills
• Excellent analytical skills
• Ability to prepare Board level analysis and presentations
• Ability to build collaborative working relationships with colleagues

If this is the role for you, click apply today and the team will be in touch shortly.

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same - if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the 'Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.