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- Compensation
- Not specified
- City
- London
- Country
- United Kingdom
Currency: Not specified
Full Job Description
Compensation Advisor, Associate
Responsibilities
Bernstein
Work closely with the Bernstein Global CEO and Bernstein Deputy CEO, along with other senior stakeholders, provide support in the management of key ACR processes and analytics, including but not limited to the determination and distribution of envelopes; benchmarking analysis and transversal reviews of compensation across business lines and countries; liaison with Paris C&B Team; Board/management committee sign-off at both a Bernstein UK and Global level; coordination with country Finance teams; and coordinating employee communications and payment (including international splits).
Assist in the development and delivery of presentations and communications to key stakeholders both during and outside the ACR.
Support in the preparation of Partnership Executive Committee (PEC) meetings where remuneration is discussed.
Provide support to Bernstein HR Business Partners globally both during and outside the ACR process.
As required, support coordination and provision of information to the central compensation team in Paris on global and local processes.
Support the Global Bernstein HR Team with the ongoing development, implementation and administration of compensation programmes and processes (e.g. salary grids and McLagan salary survey submissions).
Support in the management of deferred compensation, including administration of legacy SG and Alliance Bernstein deferral schemes, including the production of deferral schedule valuations for HRBPs and employees on an ad-hoc basis.
Value buy-out arrangements of unvested deferred compensation from prior employers for candidates globally.
Liaise with Payroll team to process deferred bonuses, buy-outs and cash bonuses (including payroll checking).
Support with the implementation of one-off compensation arrangements as appropriate.
Work closely with the HR Systems team locally and globally to implement compensation information correctly and efficiently on HR Systems (including but not limited to PeopleSoft UK, Cosy).
Regulation
Work with UK HR/Finance/Risk/Compliance teams and the Compensation & Benefits team in France to manage the day to day remuneration-related regulatory governance of SGs UK entities in line with changes in regulation
Maintain the Material Risk Taker (MRT) list for SGs UK entities based on regulatory criteria, working with internal departments and the business to ensure list is correct
Model the remuneration impact as a result of regulatory requirements and ensure information on this is available as part of the annual compensation review
Manage the governance and agenda of the SG UK Remuneration Committees (Remcos), working with the Compensation Manager, to ensure the smooth and effective running of the Committee and that they are provided with the highest quality input
Produce papers and supporting analytics for the SG UK entities Remcos
Work with the heads of HR for the SG subsidiary entities in the UK to ensure the Board, Remcos and Executive Committees of these entities are fully aligned with latest remuneration regulatory approaches
Prepare remuneration disclosures (Remuneration Policy, Remuneration Policy Statement, Pillar 3) for SGs UK entities and assess any gaps in policies that might require process/policy change
Response to any requests from internal departments, internal audit and regulatory bodies with respect to remuneration topics
Support remuneration governance in other European entities (apart from France) to determine any improvement or gaps, working closely with the local HR
Profile required
Computer literate with advanced Excel and Powerpoint skills
Advanced numerical and analytical skills
Ideally good knowledge of current financial regulatory rules in the compensation area, and their application
Ability to work under pressure professional and confident approach as the job holder will be working in a pressurised environment with multiple tasks likely to be ongoing at any given time
Able to apply a sense of urgency when applicable to achieve deadlines and deliver on commitments
Highly organised individual with ability to prioritise different tasks effectively and plan for deadlines. Has resilience to overcome challenges and set-backs
Confident, good presentation with excellent written and verbal communication skills. Ability to communicate/convey complex topics in a clear/concise manner
Adaptable and creative in their approach
Able to understand and grasp complex scenarios quickly and place in the context of their overall role
Naturally curious. Has an interest in understanding the context of their role in the wider department and makes efforts to achieve this
A positive attitude and willingness to go beyond standard expectations when required
Self-starter who is able to use their own initiative to proactively improve processes and raise issues that need addressing
Meticulous in ensuring their work is accurate/to a high standard, attention to detail
Teamwork a team player who is prepared to contribute in all aspects of HR work. Demonstrates enthusiasm and a willing to expand knowledge in new areas whilst retain responsibility for more day-to-day analytical activities
Personal integrity and ability to deal with and be trusted with sensitive information
Why join us
People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like hard work and dedication together with community and respect has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.
Business insight
If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Socit Gnrale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.
Diversity and Inclusion
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