Compensation & Benefits Manager recruitment

DEPARTMENT: HR Administrator, Specialist Functions

JOB TITLE: Compensation Manager

TASKS AND RESPONSIBILITIES:

Tasks:
In conjunction with the Global Head of Compensation and the Global Head of Operation and reporting, manage the annual firm wide compensation process.
Manage Newedge’s input into the McLagan Survey.
Maintain Record of competitor compensation practices, takin a pro-active approach to obtaining information.
Provide advice on compensation issues to Business Partners.

Responsibilities:
Manage the deferral process for Front and Back Office bonus and commission payments.
Manage Newedge’s input into the McLagan survey.
Maintain record of Newedge Compensation arrangements.

SUPERVISION DUTIES:

The role will supervise a Compensation Benefits Analyst.

SKILLS AND EXPERIENCE NEEDED:

Skills:
Understanding of compensation process in Newedge
Ability to work with colleagues both in HR and BL, to understand their compensation issues and provide proactive and tailored solutions.
Ability to use Excel to a high level.

Experience:
Proven experience of working in Compensation within Financial Services.

REQUIRED REGISTRATIONS:

N/A

POSITION WITHIN HIERARCHY:

Reports to Global Head of Compensation benefits

BOARD/COMMITTEE MEMBERSHIPS: please complete or state if not relevant for role

External
Internal

LEVEL OF AUTONOMY:

Medium

Newedge is a leading force in global multi-asset brokerage with a world-leading position in the execution and clearing of listed derivative products. Newedge offers access to more than 85 markets and has a presence in 23 locations across 17 countries.
Newedge offers a full range of execution and clearing services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities and commodities on OTC markets. Newedge also provides a range of value added services including prime brokerage, asset financing, electronic trading and order routing, cross margining, and the centralized reporting of client portfolios.
Supported by two top tier rated shareholders, Société Générale and Crédit Agricole CIB, Newedge is independently run and regulated.
Newedge is an equal opportunity employer. For more information about Newedge, visit www.newedge.com.