Live opening · Posted 2 days ago

Reward Partner, VP

National Westminster Bank Plc · 2 Locations
Workday
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At a glance

The key details from the original listing.

Posted 2 days ago
CompanyNational Westminster Bank Plc
Location2 Locations
SourceWorkday
ListedPosted 2 days ago

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About the role

Description supplied by the original job listing.

Join us as a Reward Partner
This is an opportunity for a driven individual to sponsor projects to drive changes to pay constructs or to meet regulatory requirements
You’ll provide expert support and technical advice and frameworks for business areas that have a high volume of compensation constructs
Joining a diverse and collaborative team, you can expect lots of variety in this fast-paced role
We're offering this role at vice president level
What you'll do
In this key role, you’ll be advising on appropriate pay constructs, collations and analysis of market data, support for business cases, advice on exit packages, annual pay review and bonus process, remuneration design, policy guidance and reward benchmarking.
Throughout the course of your work, you’ll also develop pay constructs that strike the right balance of fixed and variable pay across the bank, alongside working with business heads to design the fixed pay construct, including pensions and benefits provision.
You’ll also be:
Co-sponsoring the annual pay review process
Providing HR ExCo and bank-wide leaders with expert diagnostic, insights and challenge regarding compensation
Governing the compensation approval requests and severance approval requests processes
Working with a range of colleagues to make sure employee relations for Reward items are well managed with social partners
Managing delivery against financial plans and budgets, including forecasting, resource allocation and prioritisation
The skills you'll need
We’re looking for someone with experience gained in a banking, regulatory or commercial environment, coupled with knowledge and application of HR theories, models and best practices.
We’ll also expect:
At least twelve years of experience in compensation and benefits
Expert knowledge of compensation, regulatory reward and governance practices and their application
Knowledge of regulations and how they apply to reward and benefit structures
Understanding of attraction and retention and how that interplays with Reward and EVP
Analytical skills, stakeholder management and the ability to derive actionable insights
Knowledge of relevant legal policies, regulations and risk management
Hours
45
Job Posting Closing Date:
23/10/2026

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