Reward Manager - 12 Months Full Time Contract

As a Vice President Reward Manager (12 Months FTC), you will play a pivotal role in leading the oversight of reward activities for businesses transferring to Barclays. Your primary responsibility will be to ensure the seamless integration and alignment of reward practices within the organization, fostering a smooth transition for all involved parties. You will oversee and coordinate all reward activities related to the transferring businesses, developing and maintaining a comprehensive timetable of required annual activities and will act as the primary contact for reward teams within the transferring businesses. Additionally, you will oversee the annual pay review process, setting principles and ensuring appropriate alignment with Barclays’ overall compensation strategy. Your role will be crucial in maintaining fairness and competitiveness in pay structures.

Furthermore, you will develop and oversee effective governance controls across Governance, Compensation, and Pensions & Benefits, with a particular focus on managing third-party relationships and ensuring robust internal governance. Preparing Remuneration Committee papers related to remuneration proposals for the transferring businesses will be a key part of your responsibilities, requiring a thorough understanding of business needs and the ability to present complex information clearly to senior stakeholders. Your problem-solving skills and attention to detail will be essential in addressing and resolving challenges promptly, ensuring the smooth operation of reward activities.

To be successful as a Vice PresidentReward Manager, you should have experience with

• Broad reward experience including compensation and governance expertise.
• Considerable relationship management skills.
• Excellent project management and planning.
• Problem-solving and experience of implementing change.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

London

12 Months Full Time Contract 

Purpose of the role

To develop, implement and maintain compensation programmes and provide advice to resolve any related issues. 

Accountabilities

• Development (including design and related analysis), implementation and delivery of compensation programmes aligned to the organisation’s strategy and applicable regulations, including the provision of advice throughout the employee lifecycle and during the annual pay review, advising on related services and the resolution of reward and compensation issues from employees, people leaders, or regulators.
• Communication and engagement to educate employees and people leaders on the compensation offering and structure including in relation to salary, bonus, and allowances recognition schemes.
• Review the competitiveness and relevance of the compensation programmes including salary, bonuses and allowances, as appropriate.
• Administration and delivery of compensation services, including the planning of cyclical activities, developing and testing relevant processes and systems, and managing external vendors/stakeholders and engaging with other HR teams where relevant to ensure effective delivery of these.
• Compensation reporting, analytics and forecasting to support management decision-making during compensation programme development and the annual pay review, utilising internal and external data.  .

Vice President Expectations

• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.