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Senior Reward Specialist

Luxembourg, LU, L-2955

Purpose of the Job


Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. Compared to others, we are small (<2,000 employees across 50 European and UK locations) with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth. As part of the development of the Group HR function, we are looking to appoint a Senior Reward Specialist to work closely with the Group Head of Total Reward & Performance on the development and delivery of the reward & performance policies and processes. 

Key Accountabilities


  • Manage the end-to-end delivery of key reward processes, including but not limited to: annual compensation review process, deferred awards/LTIPs administration, annual performance management cycle
  • Act as lead in renewal and administration of key benefit schemes in Luxembourg and respond to questions from HR colleagues/other employees
  • Actively participate in data modelling in partnership with the finance and payroll functions 
  • Preparation / review of regulatory submissions (i.e. Pillar 3) 
  • Preparation of materials for Remuneration Committee meetings 
  • Lead various Performance and Reward projects as required by continuous improvement initiatives and/or changes in remuneration rules/regulations 
  • Provide advice to the business on job evaluation, benchmarking and new recruits packages 
  • Provide accurate and timely advice and guidance to stakeholders at all levels on reward matters, delivering pragmatic and affordable solutions

Knowledge and Experience


  • Minimum bachelor degree, preferably in Finance, Economics or Science subjects
  • Commercially focused Reward & Performance specialist with minimum of 5 years relevant experience, preferably in financial services
  • Solid and broad knowledge of reward practices (particularly in Luxembourg) including cash compensation, deferred/LTIP schemes and benefits administration
  • Knowledge of European regulations on remuneration (UK regulation preferable but not essential)

Attributes and Qualities


  • Good communication and stakeholder management skills - ability to understand and articulate complex issues 
  • Excellent data management, reporting, and analytical skills - an ability to review current processes and/or data, detect and correct errors, take responsibility for data quality 
  • High degree of accuracy and attention to detail 
  • Project management – ability to prioritize workload and meet deadlines including when working under pressure 
  • Client service focus, notable responsiveness and a "can-do" attitude 
  • Able to operate in a fluid, changing work environment
  • Good judgment - knowing when to escalate an issue combined with a willingness to be flexible 
  • Ability to work independently while being a strong team player 
  • Adherence to confidentiality, data protection is a prerequisite

Technical Skills


  • Advance MS Excel (including functions, pivot tables, macros) 
  • MS Office (PPT, Word, Excel), SuccessFactors (advantage) 
  • Strong organisational skills 
  • Ability to quickly learn new systems and processes. 
  • EU, UK, remuneration regulations (eg CRD IV, AIFMD, UCITS, PRA guidelines, etc)  
  • Some knowledge of Luxembourg Tax/social charges and/or Finance is preferable but not essential 
  • GDPR regulatory knowledge 

Languages Skills


  • Fluent in English and good knowledge of French would be a valuable advantage