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Reward Manager

Zopa

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London, UK

Posted on Wednesday, March 15, 2023

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 for our first Reward Manager to work with us in creating memorable careers across Zopa. We’re looking for someone who will thrive within a face-paced business, is commercially minded and able to demonstrate real agility in balancing the differing demands of a growing company.

Reporting into our People Director, you'll play a key role within the organisation, utilising all existing 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 20+ strong and provides support to more than 650 Zopians. This is an individual contributor role so the successful candidate will need to be able to roll their sleeves up.

We offer a hybrid working model and are open to applicants wanting full time, part time or a flexible working pattern. Please let us know what you're looking for in your application.

A day in the life:

Use your total reward expertise and business acumen to establish a trusted partnership with a diverse set of business leaders.
Support the plan design of our various equity programmes as well as providing recommendations regarding executive compensation.
Conduct formal and informal market surveys; undertake analysis of the compensation market and proactively share insight and recommendations into compensation trends and career architecture.
Lead the core cyclical reward activities including our bi-annual compensation reviews.
In partnership with our Head of People Experience, manage benefit change projects including; working with brokers to manage benefits packages, creating benefit tools and material, and streamlining processes.
Provide subject matter expertise and guidance on compensation and benefits related policies, including alignment with employment legislation as well as regulatory reporting.
Build a comprehensive set of analytics to measure reward impact.

About you:

Technical reward expertise including equity plan design, benefit administration, reporting and benchmarking.
In depth knowledge of Willis Towers Watson, Radford or other mainstream job evaluation architectures.
Regulatory experience gained within financial services (desirable but not essential).
Good mix of operational and strategic experience in compensation and benefits.
Experience in both listed and privately owned companies(desirable but not essential)
Excellent project management capability along with expert level Excel skills
Analytical mindset with proven experience using data and data-driven insights to support a business and measure return on investment.
Numerate and exceptional attention to detail and accuracy.
Partnering experience with senior level stakeholders.

On a personal level, these are the qualities we'd like to see:

Agility, adaptability, pragmatism
Gravitas and credibility
Data oriented and results driven with excellent communication and interpersonal skills
Owned projects and initiatives using Agile and/or other project management principles
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.

#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 open-plan, riverside London Bridge office 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.