Head of Rewards

We’re partnering with a large, UK-based organisation operating at significant scale within a regulated, customer-focused environment. The business delivers critical operational and administrative services that support major institutions behind the scenes.

Following a period of change, the organisation is now investing heavily in its people strategy
-creating an exciting opportunity for an experienced Head of Reward to build and lead a modern, scalable reward function from the ground up.

This is a high-impact senior leadership role with responsibility for defining and delivering a group-wide reward strategy while leading a multi-year transformation programme.

• Define and deliver a reward strategy aligned to business and people priorities
• Develop and execute a multi-year transformation roadmap
• Balance ambition with cost and operational constraints
• Design and implement pay ranges and progression frameworks
• Shape communication to support trust and engagement

• Review and modernise legacy reward structures and terms
• Design and implement:
• Incentive and variable pay schemes
• Benefits strategy and offering
• Recognition frameworks
• Identify and implement appropriate reward technology solutions

• Influence at Executive and senior leadership level
• Partner closely with HR, operations, and external providers
• Build robust, ROI-driven investment cases
• Lead and develop a small but capable reward team
• Elevate the function from operational delivery to strategic impact

• Take ownership of the pay transparency programme
• Conduct a full reward diagnostic
• Define the reward strategy and transformation roadmap
• Build strong stakeholder relationships across the business

• Senior Reward leader (Head of Reward or equivalent)
• Strong expertise in:
• Pay frameworks and transparency
• Incentives and variable pay
• Benefits modernisation
• Experience in complex and/or regulated environments

• Strong commercial mindset with focus on ROI
• Ability to define strategy and execute delivery
• Excellent stakeholder management at Exec level
• Comfortable working within constrained budgets

• Resilient, pragmatic and delivery-focused
• Strong communicator with the ability to influence at all levels

Up to £125,000 + Bonus + Car Allowance

Hybrid working - 2x a week in Peterborough