Reward Partner

Posted 6 Days Ago
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London, Greater London, England
Hybrid
Entry level
Fintech • Payments • Financial Services
The Role
The Reward Partner will support the Reward & Analytics Director in enhancing total reward offerings, conducting salary benchmarking, managing equity schemes, and delivering compensation analysis. Responsibilities include administration of benefits, preparing for Remuneration Committee meetings, and collaborating with senior stakeholders for effective reward projects.
Summary Generated by Built In

Our Story

 

Hello there. We’re Zopa.

 

We started our journey back in 2005, building the first ever peer-to-peer lending company. Fast forward to 2020 and we launched Zopa Bank. A bank that listens to what our customers don’t like about finance and does the opposite. We’re redefining what it feels like to work in finance. Our vision for a new era of banking puts people front and centre — we’ve built a business that empowers everyone to aim high, every day, to move finance forward. Find out more about our fantastic offerings at Zopa.com! 


We’re incredibly proud of our achievements and none of it would be possible without the amazing team here. It’s not just industry awards we’re winning, we’ve also been named in the top three UK’s Most Loved Workplaces. 


If you embrace unconventional challenges, are unafraid to think differently and are driven to make an outsized impact, you’ll thrive here at Zopa, so join us, and make it count. Want to see us in action? Follow us on Instagram @zopalife


Our People Team is expanding as the incredible Zopa growth journey continues – and we are looking to bring onboard a Reward Partner to work with us in creating memorable careers across Zopa. We’re looking for someone who will thrive within a fast-paced business, is commercially minded and able to demonstrate real agility in balancing the differing demands of a growing company.


Reporting into our Reward & Analytics Director, you'll play a key role within the organisation, utilising data to ensure we make bold and innovative decisions across the full spectrum of total reward. You will work towards delivering a number of high impact reward projects whilst ensuring alignment with overall HR policies, regulatory requirements and industry best practice.


The People Team is currently 30+ strong and provides support to more than 850 Zopians. This is our first dedicated Reward role and we will require sleeves to be rolled up with a strong focus on execution. 

A day in the life:

  • Support the Reward & Analytics Director in delivering a high-quality total reward offering using your reward expertise to execute on an ambitious road map over the next few years. 
  • Govern our levelling and job structure framework and support with the roll-out of salary ranges and transparency across the Zopa functions including delivering communication and training materials. 
  • Conduct formal annual benchmarking and informal ad-hoc market surveys to ensure our salary ranges are up to date and representative of the intended Zopa market position. 
  • Undertake analysis of the compensation market and proactively share insight and recommendations on compensation trends and career architecture. 
  • Work with the Talent Acquisition team to deliver a streamlined job evaluation process, using internal ranges and external benchmarking data to support decision-making. 
  • Support the core cyclical reward activities including our bi-annual compensation reviews and regulatory reporting such as Gender Pay Gap. 
  • Manage the day-to-day administration for our equity schemes including accountability for the options tracker, managing issuances and processing leavers. Working closely with Finance to reconcile the cap table, align on our shareholding position and support with ad-hoc equity-related requests. Future project to introduce a share management tool. 
  • Support in the management of our suite of benefits offerings in partnership with our People Experience team, including benefit change projects; working with brokers and third-party providers to manage benefits packages, renewals, etc; creating benefit tools and material including the potential introduction of a flex-bens system; and working with our People Operations team to streamline benefits administration processes. 
  • Work closely with our Data & Analytics Manager to create valuable insights from our compensation and benefits data and support with ad-hoc analysis as needed.
  • Support with creation and maintenance of our compensation and benefits related policies. 
  • Support with preparation for our Remuneration Committee meetings. 

About you:

  • Technical reward expertise including compensation planning & analysis, benchmarking and benefit administration. 
  • In depth knowledge of Willis Towers Watson, AON/McLagan or other mainstream job evaluation architectures. 
  • Numerate and exceptional attention to detail and accuracy. 
  • Analytical mindset with proven experience using data and data-driven insights to support business decisions. 
  • Excellent project management capability along with expert level Excel skills. 
  • Partnering experience with senior level stakeholders. 
  • Agility, adaptability, pragmatism 
  • Gravitas and credibility
  • Data oriented and results driven with excellent communication and interpersonal skills 
  • Ability to communicate, challenge and influence a range of stakeholders, equally comfortable working with senior managers and staff at all levels 
  • Able to distil complex issues into component parts, identify causal links and think through alternative courses of action 
  • Both initiate and translate ideas into tangible output to create value for Zopians 
  • Keep Diversity, Equity and Inclusion at the heart of everything you do 

The ideal candidate will be thoughtful, collaborative, able to inspire others and to think creatively about solutions. To be successful you will be comfortable with ambiguity, ownership, and teamwork. 


We operate a hybrid working model with two days per week in our London Bridge office and 3 days working remotely. 


#LI-LK1


Flexible working? Yes please!

 

At Zopa we value flexible ways of working. We understand the benefits of face-to-face collaboration and the importance of a good work-life balance. Our teams work in a hybrid manner, from our vibrant UK offices and the comfort of their own homes, at a frequency that suits the team and the work they do.

 

Not only that – you'll also have the option of working from abroad for up to 120 days a year!* But no matter where you are, we’ll make sure you’ve got everything you need to thrive, both in your work and home life, from day one.


*Subject to having the right to work in the country of choice


Diversity Statement


Zopa is proud to offer a workplace free from discrimination. Diversity of experience, perspectives, and backgrounds leads to better products for our customers and a unique company culture for our people. We are made up of nearly 50 nationalities, have a DE&I forum made up of Zopians wanting to make a difference and we are proud of our culture where everyone can bring their full self to work. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments. 

The Company
HQ: London
735 Employees
On-site Workplace
Year Founded: 2005

What We Do

We’re Zopa, and we want to make money work better for you. Our diverse team is united in their mission of creating simple, fair and honest financial products that have the customer’s needs at their heart. We’re proud that this dedication is reflected in our excellent rating on TrustPilot. We’ve always been unapologetically honest with our customers, and value the same in return. Their feedback helps us shape what we build, so we can provide a bank fit for today, and for the future. We’re not the new kids on the block though - we’ve been a pioneering force in finance for 16 years. In 2005, we built the first ever peer-to-peer (P2P) lending company, giving our customers access to loans built for real-life and intelligent investments backed by cutting-edge tech. In 2020, we launched Zopa Bank, meaning we could offer more – like fixed term savings backed by FSCS protection and a credit card to help customers take control of their finances. We’ve lent out over £6 billion and are proud to have made money work better for over half a million people across the UK, whether they were looking to borrow or save.

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