Executive Reward Manager

Lloyds Banking Group

Salary

£61,344 to £74,976 a year

Location

Bristol, BS1 5LF

Contract type

Full time

Job description

About

EXECUTIVE REWARD MANAGER

LOCATION(S): Bristol, Edinburgh, Halifax or Leeds

HOURS: Full time - 35 hours per week

WORKING PATTERN:

Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at one of our office sites.

About this opportunity

This is an opportunity to combine your executive reward expertise with data, automation, and fresh thinking to transform how we support some of Lloyds Banking Group's most senior colleagues.

As an Executive Reward Manager, you'll join Group Reward and help deliver and transform the reward experience for our Executives.

You'll support some of the moments that matter most across the Executive reward lifecycle, from compensation on hiring and onboarding through to promotions, role changes, annual reward and leaving the Group. You'll also have opportunities to contribute to our broader work across Executive Reward and Colleague Shares.

We're looking for more than someone who can deliver today's processes brilliantly. We want someone who is curious about how they could work better, using technology, automation, and data to create simpler experiences and more efficient ways of working.

Why join us

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

In this role you'll:

  • manage key Executive Reward activity end to end, including senior role pricing, compensation proposals, Executive approvals, and associated offer documentation

  • apply sound judgement and a strong risk mindset, ensuring our work reflects relevant legislative, regulatory and governance requirements

  • develop clear, high-quality approval papers, guidance and communications, making complex Executive compensation issues easy to understand

  • transform and improve the Executive reward experience, finding opportunities to simplify and automate processes and making continuous improvement part of how we work

  • use data and insight to tell a story, identifying themes, challenging assumptions, and turning analysis into practical recommendations

  • contribute to projects across Executive Reward and Colleague Shares, bringing new ideas, energy and external thinking to help raise the bar for the team

There's real scope to grow in this role. You'll gain exposure to complex Executive Reward issues and senior leaders, with the opportunity to broaden your reward expertise and take on greater responsibility as you develop.

What you'll need

  • Reward & Benefits: strong compensation knowledge and experience, with the ability to apply it confidently to complex or senior remuneration issues.

  • Effective Governance: An understanding of governance, risk and control within reward, with the ability to support appropriately governed decisions and approval processes.

  • Managing Key Relationships: sound judgement and the ability to build trusted relationships with senior leaders and collaborators, particularly when handling sensitive or complex matters.

  • Data Literacy & Insights: strong analytical skills, using data and insight to identify issues, draw conclusions and support good decision-making.

  • Change and Transformation: a transformation approach, with the curiosity and confidence to challenge existing ways of working and use technology and automation to create better outcomes.

  • Critical Thinking: The ability to understand complex information, apply specialist knowledge and judgement, and develop practical solutions.

And any experience of this would be really useful

  • Executive Reward and remuneration governance

  • Executive or colleague share plans

  • Working within a regulated environment

  • Using data and insight to support reward decisions

  • Using technology and automation to simplify and improve processes

This is a place for you...

Our ambition is to be the leading UK business for diversity, equity and inclusion, supporting our customers, colleagues and communities. We are committed to creating an environment in which everyone can thrive, learn and develop.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and launch a dedicated Working with Cancer initiative.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role and have a disability, long-term health or neurodivergent condition, through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers - just let us know what you need.

Benefits

We also offer a wide-ranging benefits package, which includes:

  • A generous pension contribution of up to 15%

  • An annual performance-related bonus

  • Share schemes including free matching shares

  • A range of wellbeing initiatives including private medical cover and generous parental leave policies

  • 30 days' holiday, with bank holidays on top

  • Benefits you can adapt to your lifestyle, such as discounted shopping, and discounted gym membership

Ready to make an impact? Apply today!

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