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Lloyds Bank

Retail and commercial banking services

Executive Reward Manager

Compensation & BenefitsPosted on Nov 11
Full-time£61.3k - £81.8k /yr

About the Job

Requirements

  • Strong compensation knowledge and experience, with the ability to apply it confidently to complex or senior remuneration issues.
  • An understanding of governance, risk and control within reward, with the ability to support appropriately governed decisions and approval processes.
  • Sound judgement and the ability to build trusted relationships with senior leaders and collaborators, particularly when handling sensitive or complex matters.
  • Strong analytical skills, using data and insight to identify issues, draw conclusions and support good decision-making.
  • A transformation approach, with the curiosity and confidence to challenge existing ways of working and use technology and automation to create better outcomes.
  • The ability to understand complex information, apply specialist knowledge and judgement, and develop practical solutions.

Responsibilities

  • Manage key Executive Reward activity end to end, including senior role pricing, compensation proposals, Executive approvals, and associated offer documentation.
  • Apply sound judgement and a strong risk mindset, ensuring work reflects relevant legislative, regulatory and governance requirements.
  • Develop clear, high-quality approval papers, guidance and communications, making complex Executive compensation issues easy to understand.
  • Transform and improve the Executive reward experience by finding opportunities to simplify and automate processes and making continuous improvement part of how the team works.
  • Use data and insight to identify themes, challenge assumptions, and turn analysis into practical recommendations.
  • Contribute to projects across Executive Reward and Colleague Shares, bringing new ideas, energy and external thinking to help raise the bar for the team.

Desired Qualifications

  • Experience with Executive Reward and remuneration governance.
  • Experience with Executive or colleague share plans.
  • Experience working within a regulated environment.
  • Experience using data and insight to support reward decisions.
  • Experience using technology and automation to simplify and improve processes.

About the Company

Lloyds Bank

Retail and commercial banking services

Lloyds Bank is a major UK financial institution that provides a wide range of banking and financial services for personal and commercial customers. It serves individuals with current and savings accounts, mortgages, loans, credit cards, and investment products, and helps businesses with business loans, commercial mortgages, and other financial solutions. The bank earns most of its money from net interest income, the gap between interest on loans and deposits, and also collects fees for services such as overdrafts, international payments, and wealth management. Compared with competitors, it combines a large, established retail and commercial banking footprint in the UK with diversified income streams and a broad product set that supports both individuals and businesses. Its goal is to reliably deliver everyday banking, lending, and financial services to UK customers while maintaining profitability and supporting the needs of UK households and businesses.

Company size
5,001-10,000
Company stage
IPO
Headquarters
London, United Kingdom
Founded
1765

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