Head of Reward

• Design and implement a market-leading reward strategy for the UK & EMEA region, aligned with global policies and business objectives.
• Act as a strategic advisor to senior leadership, providing insights and recommendations on compensation, benefits, and incentive design.
• Ensure consistency and alignment of reward practices across multiple jurisdictions while adapting to local market, regulatory, and cultural requirements.

• Lead the annual compensation cycle across the region (salary reviews, bonus, LTIP), ensuring governance, fairness, and alignment with performance.
• Manage benchmarking and market intelligence to maintain competitive pay and benefits structures.
• Oversee the design and delivery of benefit programmes across multiple countries, ensuring cost-effectiveness and employee value.
• Partner with Finance and business leaders on workforce planning, cost modelling, and reward budgeting.

• Ensure all reward structures comply with local employment law, tax requirements, and regulatory standards (e.g., FCA, PRA, EBA).
• Manage executive compensation in line with shareholder expectations and remuneration committee (RemCo) requirements.
• Support reporting and disclosure requirements for remuneration across the region.

• Lead and develop a team of reward specialists across the region.
• Partner with HR Business Partners and senior leadership teams to provide expert advice and guidance on all reward matters.
• Build strong external networks to stay abreast of market and regulatory developments.

• Significant experience in reward/compensation leadership roles within financial services or other highly regulated industries.
• Strong knowledge of UK and EMEA reward practices, including executive remuneration, regulatory frameworks, and governance.
• Proven track record of leading regional or multi-country reward functions.
• Strong analytical and commercial acumen, with the ability to interpret data and provide strategic insights.
• Excellent stakeholder management and influencing skills, including at Board/RemCo level.
• Demonstrated experience leading and developing high-performing teams.
• Degree educated (CIPD or equivalent professional qualification desirable).

• Commercially minded, pragmatic, and able to balance strategic vision with operational delivery.
• Highly collaborative, with the ability to work across borders and cultures.
• Resilient and adaptable, with strong problem-solving skills.
• High level of integrity and discretion when handling sensitive information.

Annapurna Recruitment