We are seeking an exceptional Senior Manager, Deferred Compensation to lead the end-to-end governance and delivery of our global deferred compensation and equity programmes. This is a highly visible role sitting within the Compensation function (Performance, Reward & Benefits), offering the opportunity to shape strategy, strengthen governance frameworks, and influence senior stakeholders across HR, Finance, Treasury, and Corporate Secretariat. You will play a critical role in ensuring our reward structures are robust, compliant, competitive and aligned with the Bank’s strategic objectives—while delivering a best-in-class employee experience.
Key Responsibilities
Strategic Leadership & Governance
- Lead governance and oversight of all deferred compensation and equity plans across the Group.
- Ensure compliance with regulatory requirements, including statutory disclosures and remuneration reporting.
- Challenge and enhance control frameworks to strengthen risk management and governance effectiveness.
End-to-End Compensation Management
- Oversee the full lifecycle of deferred compensation processes, including award design implementation, vesting, settlement, and reporting.
- Lead operational delivery, ensuring accuracy, efficiency, and regulatory alignment across all processes.
- Partner with Finance on accounting impacts, including IFRS2 reporting (IFRS2: international accounting standard governing share-based payments).
- Collaborate with Treasury on forecasting Employee Benefit Trust funding requirements, hedging strategies, and capital management.
Stakeholder Engagement
- Partner with senior stakeholders across HR, Finance, Legal, Risk, and Compliance.
- Support executive and regulatory forums, including Remuneration Committees and disclosure requirements.
- Build and manage relationships with external vendors, regulators, and auditors.
Process Excellence & Innovation
- Continuously enhance deferred compensation processes, policies, and systems to drive efficiency and improve employee experience.
- Monitor market trends and competitor practices to ensure best-in-class programme design.
Skills and Experience
Technical Expertise
- Deep expertise in equity and deferred compensation plan mechanics (end-to-end)
- Strong knowledge of regulatory, tax, and disclosure requirements
- Core understanding of financial accounting, particularly IFRS2
- Experience in share plan funding, hedging, and capital management
Leadership & Behavioural Skills
- Strategic mindset with the ability to influence at executive level and build best-in-class employee experience
- Strong decision-making and problem-solving capability
- Proven ability to lead teams and develop talent
- Excellent stakeholder management and collaboration skills
What we offer
In line with our Fair Pay Charter,we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations.
- Time-offincluding annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible workingoptions based around home and office locations, with flexible working patterns.
- Proactive wellbeing supportthrough Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills,global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning cultureto support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation,one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.
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