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Variable Compensation Manager
NatWest Group. Provide subject matter expertise on variable pay policy, design, and delivery .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expert knowledge of variable compensation and regulatory reward practices, with strong capabilities in stakeholder management, project delivery, and effective communication within the banking industry.
Highest-signal resume keywords
Variable Compensation ExpertiseRegulatory Reward PracticesProgramme Management SkillsCoaching ExperienceMarket Intelligence Maintenance
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Variable Pay Policy DesignVariable Pay DeliveryStatistical KnowledgeTax Rules KnowledgeFinancial Reporting
Soft Skills
Excellent Communication SkillsAbility to Assimilate Information Quickly
Tools & Technologies
Microsoft OfficeExcelWordPowerPoint
Industry Keywords
Banking IndustryRegulatory EnvironmentReward StrategyStakeholder Management
About the role
Key responsibilities & impact- Provide subject matter expertise on variable pay policy, design, and delivery
- Drive the reward strategy and approach for the bank and deliver associated products and change projects
- Contribute to the reward agenda and champion reward products
- Provide expert support and technical advice on variable remuneration
- Lead delivery of variable compensation products and simplification initiatives
- Identify reward-related policy gaps and required policy modifications
- Build knowledge of the business and operating model to understand reward-related business requirements
- Maintain market intelligence through internal and external networks
- Recommend improvements in reward products and processes based on market trends
- Manage stakeholders and deliver all aspects of variable compensation
- Lead, develop, and coach resources assigned to projects
- Deliver reward projects and lead bank-wide projects
- Draft Committee papers with diagnostics, insights, and challenges regarding variable compensation for the executive committee and function heads
Requirements
What you’ll need- Expert knowledge of variable compensation, regulatory reward and governance practices and application, including variable pay compensation
- Experience of coaching
- Excellent communication skills
- Experience of the banking industry, regulatory and commercial environment
- Good knowledge of variable pay delivery, including effective employee communications, tax implications and financial reporting
- Statistical knowledge and a strong eye for detail
- Knowledge of tax rules pertinent to reward structuring
- Advanced knowledge of Microsoft Office, including Excel, Word and PowerPoint
- Ability to quickly assimilate information and rapidly become self sufficient
- Programme management skills