The Value of Active Minds
 

About Jupiter

Jupiter is one of the UK’s leading investment management companies with over 500 employees and £51.3 billion worth of assets under management (as at 30th June 2024).

Jupiter provides investment services to individual and institutional investors through mutual funds (UK unit trusts, Luxembourg SICAVs and Dublin OEICs), separately managed accounts and sub-advised funds. Jupiter has experienced a period of international growth with offices open in EMEA and APAC. 

The majority of our employees are based in our London office located just minutes from Victoria station which provides stair-free access from both the Underground’s Victoria line and National Rail platforms, as well as limited road crossings to the Jupiter office. Our London office was designed to encourage employees to live active, healthy lives with floor-to-ceiling windows that allow for greater natural light and the benefit of a private balcony, table tennis room, cycle storage and on-site shower and locker facilities. The short distance to Green Park and St James' Park also provides employees with a natural space to relax during their lunch break and a healthy alternative to office-based meetings. 

We offer our UK employees a 3:2 hybrid working arrangement where Tuesdays, Thursdays and a third day of your choice are worked from the office. The other two days may be worked from home.  This facilitates collaboration and allows employees to maximise productivity whilst maintaining a healthy work/life balance.

Background

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The Head of Reward reports directly to the HR Director and is responsible for providing leadership and direction to the development and maintenance of Jupiter’s global reward strategy and framework.

The Head of Reward will need to provide expert advice to the leadership and the Boards on all areas of Reward and ensure annual remuneration processes are in line with the overall Group Strategy whilst providing solutions that support the growth and retention of employees.

The Head of Reward will need to ensure reward strategies comply with various regulations, governance and legal requirements and delivering a suite of benefits that ensure Jupiter’s reward strategy is effective in retaining and its talent.

Key Responsibilities

• Lead and manage Jupiter’s Reward function to help ensure that prospective and existing employees are appropriately incentivised and compensated, and that Jupiter complies with all regulatory and governance requirements from a remuneration perspective.
• Manage and help to develop the reward framework in line with Jupiter’s overall strategy.
• Drive pay and bonus processes globally, from initial role benchmarking to reviewing market practices with specialist consultancies and embedding regulatory evolutions into our existing processes.
• Oversee reward regulatory requirements globally. Manage and deliver reward regulatory annual framework including Material Risk Taker Identification and managing deferred compensation arrangements. 
• Continuously monitor regulatory evolutions, assess business impacts and drive projects throughout our entities to reflect new requirements and best practices.
• Prepare papers and present at Remuneration Committee meetings to assist the Committee in carrying out its duties under its Terms of Reference.
• Oversee and manage the annual bonus and salary review process by working collaboratively with the finance team to ensure the pools and spend are monitored closely and in line with the decisions made at the Remuneration Committee.
• Review and design executive compensation proposals for new senior hires, for discussion with the HR Director and Chief Executive Officer
• Lead benefits strategy globally to support the attraction and retention of employees
• Maintain oversight of the payroll operations globally to ensure that these are aligned to regulations globally, ensuring compliance with all employment taxes. 
• In respect of key HR Systems provide oversight of streamlining and improving current processes and evolve and enhance HR processes to gain efficiencies.
• Lead dashboard and report production and analysis as required by Boards and Regulated entities.
• Lead the creation and management of insights and reporting across HR.
• Agree objectives with direct reports and monitor performance of direct reports against their objectives and role profiles.

Desired Skills / Experience

• Experience within reward, ideally within Financial Services.
• Experience in delivering reward strategies as well as operational delivery
• Demonstrate a strong background in Management Information.
• Ideally previous experience of financial regulations
• Possess highly developed data and analytical skills coupled with strong Excel and power-point skills.
• Demonstrate strong commercial awareness and business acumen with the ability to building relationships and credibility with all levels of stakeholders across the business, including the most senior.
• Self-starter, proactive and delivery focused, with a real can do attitude that is flexible and adaptable to changes in a fast paced environment
• Strong collaboration skills and experienced at working across a wide range of stakeholders
• Project management and budget management are a strong plus.

Additional Role Details

• This role is subject to the Conduct Rules set by the FCA.

Don’t meet every requirement? At Jupiter we are dedicated to building a diverse and inclusive workplace, so if you are interested in this role, but don’t think your experience aligns perfectly with every listed requirement in the job description, we would encourage you to apply. You may be the right person for this role.