Reward Director

Location: Hybrid (London & South East, 2 days/week)

Salary: up to £150k maximum, with 25% bonus and excellent benefits

Reporting to: Chief People Officer

About the Organisation

A leading financial services provider with a strong growth and transformation agenda, supporting millions of customers across the UK. The organisation is focused on delivering value to its members and driving positive social impact.

Role Purpose

The Reward Director will lead all reward processes and activities, benefits, and related innovation and design. This senior role is responsible for developing and delivering the reward strategy (policy, pay, benefits, incentives) to support both short- and long-term success. The position manages a small team and works closely with senior stakeholders to ensure the reward offering attracts and retains top talent.

Key Responsibilities

• Design, deliver, and communicate the organisational reward strategy, covering pay, benefits (including pensions), and HRIS frameworks.
• Deliver annual reward procedures: job evaluation, benchmarking, Equal Pay audits, Gender Pay reporting, annual pay and benefits review.
• Own and annually review the Remuneration Policy.
• Manage the RemCo process, including Board Paper preparation and presentation.
• Continually review and improve reward policies and practices.
• Design long-term incentive schemes and bonus plans.
• Maintain employee lifecycle controls and operational processes, ensuring compliance.
• Create transparency and understanding around reward through regular communication.

Skills & Experience

• Recent experience Financial Services/FCA regulated environments.
• Strategic and operational reward experience at leadership level.
• Proven track record in implementing change.
• Strong analytical, numerical, and reporting skills.