Executive Compensation Banking : Senior level Specialist : London

Background

Currently, our client teams support major banks, insurance companies and Investment Management businesses around risk transformation, people transformation and overall business transformation.   Key to this is how FS businesses reward their people.  The regulatory, legal and conduct climates mean that reward is high profile and complex.  We are seeking a seasoned expert to build capability around.  We see initially our focus to be on the regulatory aspects of FS reward, including remuneration code audits, reward aspects of part of regulatory investigations eg S166s, internal audits of reward and conduct more broadly. 

 The role will therefore be 3 parts delivery, 1 part sales support and 1 part capability building.

 Role and Responsibilities 

We are seeking a Reward advisor with extensive experience of reward issues in the regulated financial services market, with a ‘must have’ focus on the banking sector, and a nice to have experience set for Insurance and/or Investment Management sectors.

 The successful candidate will be expected to:

 ·         Represent in client discussions on remuneration schemes, at Board, C-Suite and senior levels in regulation, internal audit and compliance

·         Undertake advisory and consulting engagements across financial services clients relating to remuneration and reward

·         Link with the PRA, FCA and any other relevant regulators to understand the direction of travel and areas of concern within the regulatory regime currently

·         Network across remuneration professionals in the industry to ensure they are across trends and developments in the sector

·         Contribute thought leadership and proposition development to the overall reward team, representing the financial sector issues

·         Coach existing junior staff and begin to build capability through internal and external hiring and training, coaching and development.

Experience & Background 

We expect the successful candidate will have experience in one or more of these areas:

 ·         working within the remuneration team of significant financial services organisation

·         Working for one of the major regulators with a focus on remuneration, conduct and culture

·         Working for a big 4 advisory business

·         Working for a boutique reward consultancy firm

It is likely that the successful candidate will have circa 15 years of remuneration experience, the majority and most recent of which being within financial services.

 Critical areas of experience would include: 

·                     Remuneration governance

·                     Executive remuneration scheme design

·                     Remuneration committee workings

·                     Remuneration compliance / remuneration code

·                     S166 or equivalent

·                     Internal audits of remuneration arrangements

 Please contact us through email rrowe@chatworthrowe.co.uk or call 0044 207 9369555

Regional Senior role – Strategic Reward – The Gulf

Our client is a well positioned and a long established organisation having been one of the first to set up their business in the region.

With a portfolio of expertise and a reputation amongst the local business heads their business continues to flourish and there are huge opportunities emerging for them.

They need to take advantage of this and we are looking for an exceptional individual who can build upon the existing success.

We are looking for someone who has most likely already been in the Middle East but his is not a prerequisite. you will however have a very good background in reward and be able to operate at a senior strategic level.

Please email me to discuss

Robin Rowe – rrowe@chatworthrowe.co.uk

Workforce Reward

We are searching for a Reward Practitioner with c 10yrs experience. A good knowledge of data & a mixture of in house and consulting would be ideal. Non sector specific.

There is a lot of change happening now and as an integrated global organisation our client is well positioned to take advantage of the opportunities that are emerging.

Please email me to discuss – rrowe@chatworthrowe.co.uk

Reward Contract 12 months Hong Kong – 125K HKD pm

Senior level candidate for 12 month contract role within group compensation and benefits team. Focus is on process review and documentation and sales incentive and other incentive plans  

Someone with years of experience in a multinational company or consulting experience in compensation and benefits standards, automation and process review and modernisation. 

Could be someone from London or already in Hong Kong – key is that the person is detailed-oriented and able to conceptualise and recommend a simplified process based on experience from his or her current company, automate salary increase process, develop governance and standards, roll up sleeves and do an inventory of sales incentive plans and summarise findings and recommend approach, etc. 

Ad hoc projects and approach the projects from an analytical mind to come up with a simplified policy, process, automated tool, etc

Immediate Start

Please contact rrowe@chatworthrowe.co.uk

Senior Role, 10+yrs Equity/Incentives practitioner

We have been retained on a new search for a senior level equity incentive / share schemes practitioner. The role will be based in London and we are looking for somebody with at least 10 years experience probably gained in a law firm or consulting .

Ref 640

If this is of interest to you and you fit the profile please contact rrowe@chatworthrowe.co.uk

Executive Compensation 7-10 yrs exp – Hong Kong

Our Client is a regional corporate heavyweight and a leader in their sector. They need to hire an experienced Executive Compensation professional who will have a background ‘in house’ or in consulting who may be already working in the region or in UK/Europe/US.

Roles and Responsibilities

Executive Compensation

• Manage compensation and benefits programmes and related issues for senior executives, including Group Executive Committee (EXCO), Entity CEOs,  Entity CHROs and other Senior Leadership Team members
• Develop compensation proposals for new hires, promotions, terminations and other remuneration adjustments for Group EXCO, Entity CEOs, Entity  CHROs and other Senior Leadership Team members
• Prepare employment contracts or termination agreements
• Manage the market benchmarking of the senior executives for the annual Total Compensation Review to ensure roles are competitively priced based on   market data and internal positioning
• Manage participation in compensation or benefits surveys, and keep business partners informed and aware of the latest developments and trends observed in the market
• Manage external tax consultants to receive advice on tax related issues for Group EXCO and maintain knowledge of taxation issues that may impact  executive compensation practices
• Enhance policies and standards related to executive compensation

Group Remuneration Committee

• Manage the preparation for meetings, including drafting of Remuneration Committee papers and work closely with external Remuneration Committee  advisor provide thought leadership to influence the design of the executive compensation framework, including short- and long-term incentives
• Lead preparation of AGM Q&A’s for the Chairman of the Remuneration Committee
• Manage the budget and expenses related to Remuneration Committee advisory

Annual and Interim report – Directors’ Remuneration Disclosure

• Manage the Director’s Representation Form for all Group EXCO members
• Manage the compensation disclosure section for interim and annual report with compliance to the regulatory and Hong Kong Stock Exchange (HKSE)  listing requirements
• Monitor the regulatory and disclosure requirements with Company Secretarial, Legal and Group Finance on compensation disclosure

Other responsibilities

• Maintains a working knowledge of country tax and legal legislation that may affect reward policies
• Participate in ad-hoc P&R or HR projects as and when required

Non-Financial Measures

• Accuracy of data and papers prepared for various P&R programmes
• Timely and well-coordinated preparation and execution of Remuneration Committee requirements
• Prompt and effective handling of enquiries from HR community and various stakeholders
• Effective working relationship with management, department heads, HR Business Partners, Entity P&R community, internal departments and external advisors
• Ensure adherence of P&R programmes to policies, procedures and guidelines

Communication Requirements

Internal

• Group and Entity P&R Teams: Discussion and sharing on technical reward- related issues and / or information request
• Business Partners: Facilitate the reward-related conversation with business
• Group Finance: Maintain close working relationship in terms of budget and target setting for incentive programmes, cost centre budget preparation and  tracking, compensation disclosure requirement and financial / accounting  standards
• Group Legal and Corporate Secretarial: Ensure compliance against relevant regulations governing the executive compensation programmes and  employment contracts, as well as the required compensation disclosure of             senior executives

External

• Effectively manage external vendors on fulfilling our requirement with the best interest to the Company, for example the Remuneration Committee   advisor, Remuneration survey vendor and tax consultants.

Please contact us to discuss – rrowe@chatworthrowe.co.uk : 00 44 207 9369555

Executive Compensation, Partner

Company Description

We have been retained to conduct a search on behalf of this highly regarded organisation. The role is based in London or Paris.  With 50,000 + people in 100  countries, the company provides a comprehensive range of real world solutions to help organisations understand the correlation between Talent, Assets & Ideas.

Job Description Executive Compensation, Partner:

• FS or other industry experience
• Mid Cap clients
• Our client is in a good position to take advantage of the continuing growth in the Executive Pay arena, they are at the leading edge of current trends in the market
• First class well respected and settled team
• Integrated offering with many other human capital services
• Global firm with true international offering
• Vision & strategy for growth

To discuss further please contact Robin Rowe – rrowe@chatworthrowe.co.uk 00447768097773 or Kajsa Soderberg – ksoderberg@chatworthrowe.co.uk

Head of Europe – Reward Consulting

Our client is a well known information, consulting and data services business. they have a unique position in the market and deliver talent and rewards expertise to specific industry client companies.  They count many of  the world’s most innovative organizations as clients and are engaged in 75 countries to design and deliver talent and rewards programs for directors, executives, employees and sales professionals.

This is an unusual opportunity to join a well established business at a senior level.

You are expected to have at least 10 years executive pay & reward experience some of which will be gained in consulting or in a corporate role. Good Team management and professional services networking/sales skills are essential.

Please contact us to discuss further, Robin Rowe  – rrowe@chatworthrowe.co.uk

Regional Head of Reward, The Gulf.

We are retained by a global consulting firm to recruit an experienced consultant to build upon their success in the Middle East.

Our client is looking for someone who combines technical depth and stature with the ability to lead and develop a team as well work across a matrix structure and integrate Reward consulting into their broader offerings including leadership and talent management and organisation design. The ability to foster positive relationships with their information group is crucial, you will have a strong influence on the Reward database.

The Tax Free package offered will be around £150k + profit share, benefits.

Please contact us for further information quoting ref 641 ksoderberg@chatworthrowe.co.uk

Partner Executive Compensation – Paris

Job Description

• Partner level hire based Paris
• FS or other industry experience
• Mid Cap clients
• Our client is in a good position to take advantage of the continuing growth in the Executive Pay arena, they are at the leading edge of current trends in the market
• First class well respected and settled team
• Integrated offering with many other human capital services
• Global firm with true international offering
• Vision & strategy for growth

Company Description

We have been retained to conduct a search on behalf of this highly regarded organisation. The role is based in London or Paris.  With 50,000 + people in 100  countries, the company provides a comprehensive range of real world solutions to help organisations understand the correlation between Talent, Assets & Ideas.

To discuss further please contact Robin Rowe – rrowe@chatworthrowe.co.uk, 0044 207 9369555