Total Reward Analyst

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 personalized 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. When you join Quintet you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes.

 

As part of the development of the Group HR function, we are looking to appoint a Total Reward Analyst to work closely with the Group Head of Total Reward on the development and delivery of the reward and processes.

Key Accountabilities

 

  • Support the end-to-end delivery of key reward processes, including but no limited to annual compensation review process, deferred awards/LTIPs administration
  • Act as a 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, CSSF annual reports)
  • Act as lead in the annual MRT (Material Risk Takers) identification process and quarterly updates
  • Preparation of materials for Remuneration & Nomination Committee meetings and decisions
  • Participate to various Reward projects as required by continuous improvement initiatives and/or changes in remuneration rules/regulations
  • Provide advice to the business on job evaluation and benchmarking
  • 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
  • Minimum of 5 years of relevant experience, preferably in financial services
  • Solid and broad knowledge of reward practices (particularly in Luxembourg) including cash compensation, deferred/LTIP schemes and benefits remuneration
  • Good knowledge of European regulations on remuneration

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
  • 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 pre-requisite

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 (e.g. CRD IV, AIFMD, UCITS, PRA guidelines, etc.)
  • Knowledge of Luxembourg Tax/Social charges and/or Finance is preferable but not essential 
  • GDPR regulatory knowledge

Languages Skills

 

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