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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
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