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Reward Consultant

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Job Description - Reward Consultant

Provides direction, expertise and support to business units on a total rewards functions. Applies, interprets, and consults on compensation and benefits programs at Vanguard and carries out total rewards processes and policies as directed.

About Vanguard 

More than 45 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.   

 

Today, Vanguard is one of the world’s largest investment management companies, serving more than 50 million investors worldwide. For more than 30 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.   

Team & Opportunity  

As the Reward Consultant, you will work closely with the Head of Total Reward to embed the local total reward framework which complements the global total rewards strategy, supports attraction and retention, whilst developing and delivering total reward initiatives that are fit-for-purpose for the local Australian market.  

 

Core Responsibilities 

  • Support compensation and benefits activities, including benchmarking, annual bonus/merit cycles, offer development, and industry trend analysis.  

  • Partner with internal stakeholders, including payroll, HR technology, legal, risk, and finance to deliver cyclical and ad-hoc total reward projects. Manage and enhance relationships with external reward, benefits, and mobility providers to ensure high-quality, cost-effective service delivery.  

  • Drive communication and engagement initiatives that increase understanding and utilisation of total reward offerings.  

  • Collaborate with internal and external partners to coordinate international mobility processes for employees moving to or from Australia  

  • Endtoend management of external providers that support Vanguard Australia’s compensation, benefits, and mobility programs, including high-quality service delivery, optimising value for money, maintaining strong professional partnerships and a continuous improvement focus. 

  • Apply strong analytical, stakeholder management, and communication capabilities to deliver projects, create clear insights, and support continuous improvement. 

 

Skills and Experience 

  • Strong experience delivering end-to-end compensation cycles and managing benefits programs, with a sound understanding of regulatory and statutory requirements—ideally within financial services and/or global matrixed environments.  

  • Advanced analytical and modelling capability, with the ability to translate complex data and concepts into clear, engaging insights for diverse audiences.  

  • Proven ability to simplify processes through the use of new technologies.  

  • Proven adaptability, collaboration, and stakeholder management skills 

Inclusion Statement 

Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”  

 

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.  

 

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard’s core purpose.  

 

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.  

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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