Total Reward Specialist

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Employer: Finastra
  • Human Resources - Psychology
  • Job type: full-time
    Job level: 1 - 5 years of experience
  • Updated at: 19.07.2019
    Short company description

    Formed in 2017 by the combination of Misys and D+H, Finastra builds and deploys innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem. Our scale and geographical reach means that we can serve customers effectively, regardless of their size or location—from global financial institutions to community banks and credit unions.


    Qualifications & Experience Requirements:

    - 4 to 7 years of progressive experience, including market analysis, recommendations based on quantitative analysis, salary ranges development, and presentation of findings and recommendations to People Business Partners and leaders
    - Bachelor’s degree (preferably in Finance, Economics or HR) and working towards related designation (CCP, GRP, etc.)
    - Strong consultative skills, supporting business needs and collaborative with People business partners
    - Proven ability to develop and manage complex reporting, understand statistical information and make clear and logical recommendations based on thorough analysis of the data
    - Strong problem solving and organizational skills with the ability to handle multiple priorities and have strong attention to detail
    - Working knowledge of job leveling framework
    - Clear, concise and effective verbal and written communication skills
    - Comfortable working with ambiguity and in a fast paced and high growth environment
    - Proficiency with Excel, Word and PowerPoint
    - Experience in high-tech industry or consulting an asset
    - Ability to travel occasionally


    Position Summary:

    The Reward Specialist will support the design, implementation and delivery of total reward programs globally. You will provide subject matter expertise on total reward programs, and provide guidance to the broader HR team and managers in the interpretation and application of guidelines and practices. You will support strategic compensation decisions and program design through research and value-added analytics to enable thoughtful and creative solutions that support business objectives.

    Key Accountabilities:

    - Provide comprehensive knowledge of Finastra reward programs, policies, initiatives and practices, value-added advice, and creative solutions to HR and the business in respect of compensation decision that are in alignment with talent & reward strategy
    - Manage the research, benchmarking, modelling, analysis of compensation data in support of the development of compensation program, budgets and policies to ensure equitable and competitive employee compensation
    - Support the annual compensation review process
    - Provide HR and the business meaningful insights and actionable information and recommendations to help more effectively manage compensation spend and increase employee engagement
    - Drive efficiency and effectiveness through continuous process improvement, automation, and innovation
    - Develop communication materials including plan documents, memos and presentations to increase employees and business leader’s understanding of compensation programs as well as the value of total rewards
    - Lead compensation reviews and projects, or participate as core team member in large and complex projects