Principal, Reward Policy Implementation

at  European Bank for Reconstruction and Development

Requisition ID

35354
Office Country

United Kingdom
Office City

London
Division

Human Resources & Org. Development
Contract Type

Short Term
Contract Length

18 months
Posting End Date

20/02/2025

KNOWLEDGE, SKILLS, EXPERIENCE & QUALIFICATIONS

• A graduate, preferably with a CIPD (or equivalent) qualification having 8-12 years of work experience having an experience of delivering such Reward/ HR system transformation and associated cultural changes..
• Excellent interpersonal and relationship management skills, with a consulting mentality, and the ability to coordinate and integrate ideas and solutions across teams.
• Excellent project management skills
• Numerate and computer literate
• Good communication skills, fluent in English language, with the ability to convey complex information in a simple and engaging way.
• Effective problem-solving skills and the ability to manage conflicting priorities, within tight deadlines, prioritising work effectively.
• Ability to work autonomously and exercise sound judgement.

Reward specific:

• Significant breadth of relevant experience in all aspects of reward management, preferably including geographic mobility.
• Excellent knowledge of reward and recognition practices including pay models, job evaluation frameworks and benchmarking tools
• Significant experience of advising on a full range of reward and benefits issues
• Experience of working with senior managers on reward and recognition
• Experiencing of managing reward in organisations
• Very strong analytical skills, with MS Excel and HR systems. SAP HR desirable.

PURPOSE OF JOB

This role is responsible for providing high value specialist reward expertise to the senior stakeholders across the Bank with regards to Compensation, Benefits and Mobility policies and procedures interpretation. This includes leading the provision of expert Compensation, Benefits and Mobility consulting advice and guidance to other stakeholders in the HROD Department, including but not limited to HR Business Partners and PS&A team, developing their knowledge, capability and understanding of reward policies and procedures.
The reward policy has many dependencies with other HROD policies, including but not limited to Performance Management, Talent Acquisition and Development. This role is responsible for the continuous improvement, development and enhancement of current Compensation, Benefits and Mobility procedures and practices, to ensure they are successfully embedded and supporting other Human Resources and Organisational Development policies. This will include the introduction of improvements where appropriate, implementing and communicating changes across the Bank effectively.
This role is responsible for the end-to-end management of specific ad-hoc Reward projects, in collaboration with a diverse group of stakeholders (e.g. other Human Resources and Organisational Development teams, Finance, Communication, Business, etc.)