Senior Reward Manager at Westpac Group

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

19 May, 26

Salary

0.0

Posted On

18 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reward Strategy Translation, Framework Design, Policy Implementation, Performance Management, Remuneration Review, Incentive Cycles, Stakeholder Management, Project Leadership, Change Management, Analytical Modelling, Data Interpretation, Commercial Acumen, Influencing Skills, Mentoring, Governance, Compliance

Industry

Financial Services

Description

What is the role? Reporting to the Head of Reward, you will be a Senior Reward Partner within our Reward Partnership team. Your role will shape and enhance performance and reward frameworks, manage the delivery of core performance and reward calendar activity, drive the design and implementation of policies and programs aligned with Group strategy, and ensure strong governance, compliance and operational excellence within your divisional portfolio/s. Collaborating closely with the People teams and business leaders, you will be a strategic partner that is able to turn complex data and rules into clear stories and practical advice, while mentoring others in the Reward Partnering team so that reward feels consistent, transparent and well understood across the bank. Key Responsibilities Play a lead role in the translation of Group reward strategy into divisional execution, designing and implementing enterprise‑aligned reward frameworks, policies, programs and tools that drive business performance and enhance organisational consistency. Assess and evolve divisional reward programs, identifying opportunities to improve alignment, transparency and competitiveness, and embedding best‑practice approaches across the organisation. Lead or oversee strategic reward projects, managing stakeholder expectations, project delivery and change impacts to ensure successful adoption of new frameworks, systems and policies. Drive and govern key performance and reward calendar activities, delivering high‑quality analysis, strategic guidance and oversight of annual processes including performance, remuneration review and incentive cycles. Build strong, trusted partnerships with People teams, COE colleagues and senior business stakeholders, ensuring reward solutions are well understood, effectively implemented and support ongoing organisational performance. Share expertise across the Performance and Reward Centre of Excellence and act as a mentor for more junior members across the team, uplifting capability, enabling knowledge transfer and contributing to the design of enterprise reward initiatives. Our team is close knit and genuinely supportive. You’ll feel the camaraderie from day one because we back each other, celebrate the wins together and share the load when things get busy. It’s the kind of environment where you can be yourself, have a laugh, ask the tricky questions and know you’ve got people around you who want you to succeed just as much as you do. What do I need? The Reward Partnering team is responsible for remuneration and divisional incentive schemes as well as divisional remuneration oversight committees and super board activities. This team plays a critical role in ensuring the successful delivery and embedment of Group performance and reward frameworks into the business. We partner closely with other CoE teams, divisional People teams and business leaders. Some things are essential for success: Extensive reward, remuneration and performance management, ideally gained in large and complex organisations. Advanced analytical and modelling capability, including the ability to interpret complex workforce, remuneration and performance data, identify insights and trends. Solid end‑to‑end project leadership skills, with a track record of delivering enterprise reward initiatives, navigating ambiguity, managing risks and driving successful change outcomes. Keen sense of commercial acumen couple with demonstrated ability to influence and partner with senior leaders. Why join us? We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that: Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates! Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave. Tailored learning and development opportunities to help your grow your career within the bank. Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives. Create your future today. To get started, simply click on the APPLY or APPLY NOW button. We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website.

Responsibilities

The role involves shaping and enhancing performance and reward frameworks, managing core calendar activities, and driving the design and implementation of aligned policies and programs. Key duties include translating group reward strategy into divisional execution and ensuring strong governance and operational excellence across assigned portfolios.