STPD - HR - Reward - Assistant Vice President

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Role: Reward AVP

Location: London

Is the next step in your career at SMBC Group EMEA? We’re looking for an AVP for Reward to join our team. 

The purpose of this role is

• To provide day-to-day support to the EMEA Total Rewards team on queries, data, administration and processes


• To own delivery of certain documents and reports, in coordination with wider team


• To provide practical support during the annual compensation review, including owning and producing some processes that support delivery, and performing checks and assisting with communications


• To provide ad hoc support across the Reward team on projects (including HoRizon project on the globalisation of HR) and cyclical processes

The anticipated salary range for this role is £57,000-£87,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.

Business Area

The SMBC EMEA Reward team covers multiple legal entities of SMBC across the UK, Europe, the Middle East and Africa.  The team is largely based in London, with team members also in Frankfurt and Dubai.  The team is looking for someone to provide additional support, knowledge and proactive problem-solving.

Across SMBC EMEA there are approximately 3,000 employees, but there is significant complexity due to the number of countries in which we operate and the number of separate legal entities.

Position Description

Key accountabilities and responsibilities of this role include

DAY-TO-DAY SUPPORT OF TOTAL REWARDS TEAM

• Compile information as needed to respond to queries and/or support processes, and prepare in clear format to answer questions where needed


• Investigate situations as needed to respond to queries, working with stakeholders across multiple teams (largely in HR, but occasionally in other departments as well)


• Prepare documentation/presentations with guidance from team in support of cyclical activities and projects


• Oversee invoice payments and tracking for team external vendors


• Perform, or assist with, job sizing (using existing tool)


• Provide data reports as needed (including checking the work of others, particularly numbers in reports) – including annual submissions such as UK Directors’ Emoluments


• Oversee gathering information and tracking actions for annual internal audits


• Oversee operation of the deferrals database


• Oversee/perform calculation on buyout of deferred awards for new hires under existing methodology

ANNUAL COMPENSATION REVIEW

• Provide practical support during the annual compensation review, as needed during the process – both to the Reward team, and to HR business partners as needed


• Own certain processes (often with wider stakeholder group outside of HR) that contribute to running the process – including compensation manager hierarchy confirmation and split bonus process


• Assist with written communications and organisation of information sessions

AD HOC SUPPORT

• There are some (largely manual) processes managed by the Reward team which need support in the short term, and automation/transfer to HR Operations in the medium term – so will help oversee process, but also identify options for transfer and assist with or lead that process


• Team members are currently working on EMEA role but also contributing to a global project (HoRizon), and may require some support with the global project work

Knowledge, Skills and Experience

• Relevant reward experience, ideally in financial services (with knowledge of reward regulations advantageous but not required)


• Demonstrates initiative, sound judgment and a proactive approach to problem-solving


• Highly numerical and analytical with a high attention to detail


• Excellent written and verbal communication


• Ability to communicate clearly and persuasively both up and across a hierarchy.


• Able to explain complex data and communicate it in ways that are easy to understand


• Excellent organisational, analytical and planning skills with the ability to manage competing priorities and stakeholders.


• Strong working knowledge of Excel and good working knowledge of Powerpoint


• Degree preferred, CIPD optional

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 


• Competitive paid leave days


• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 


• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  


• Access a wide range of learning and development opportunities and career progression opportunities 


• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!