Reward Manager
4 weeks ago
Job Title: Reward Manager Division/Function: People Reports to:Head of Reward Job Family: Corporate Services Contract Type: Permanent ** Closing Date for Applications: 1st November 2024 ** Summary of the Business The National Treasury Management Agency (NTMA) provides asset and liability management services to the Irish Government. It has evolved from a single function agency managing the National Debt to a manager of a complex portfolio of public assets and liabilities. Businesses managed by the NTMA include borrowing for the Exchequer and the management of the National Debt, the State Claims Agency, the New Economy and Recovery Authority ("NewERA"), the Ireland Strategic Investment Fund and the National Development Finance Agency. The NTMA also assigns staff to the National Asset Management Agency (NAMA), Strategic Banking Corporation Ireland (SBCI) and Home Building Finance Ireland (HBFI). Working at the NTMA offers excellent benefits including: Hybrid work options An extensive wellbeing programme A diverse range of initiatives: LGBT+, Gender Matters, Disability Awareness, International & Multicultural Awareness Team (IMAT), Sports & Social, Volunteering and lots more Excellent learning and development opportunities that allow for full career development within the organisation Reimbursement of annual professional membership fees Career average defined benefit pension scheme Role Summary The People function provides a full range of people services to its c800 internal clients, across eight distinct business units. The Reward Manager will provide support to the Head of Reward, helping to provide an efficient Reward and Compensation service to the relevant business units. The successful candidate will be responsible for delivering people centric, progressive, and tailored Reward solutions that are aligned to the NTMA corporate strategy & People Strategy. Principal Accountabilities Support the development & implementation of a Reward framework that aligns with the organisations' objectives and maintains a competitive and equitable compensation and benefits structure that will attract, engage, recognise and reward our employees Play a key role in the management of core cyclical reward activities, including the annual bonus and salary review process, driving continuous improvement and efficiency Support the management of all executive reward processes, proposals and preparation of Remuneration Committee papers Conduct & contribute to formal and informal market surveys, undertaking analysis of the compensation market and proactively sharing insight into compensation trends Support the design and implementation of compensation and benefits structures in line with emerging legislation Carry out job evaluation, grading and benchmarking activities, assessing our reward practices against the market Manage our benefits offering, including pension & risk benefits, through outsourced service providers where appropriate Build and maintain strong working relationships with Business Units/ Corporate Functions Reward subject matter expert providing advice and support on Reward matters to colleagues within the People function and to Business Units/Corporate Functions Identify, review and modify Reward processes to ensure they meet the needs of the organisation and are as efficient and effective as possible Ad hoc Reward duties or project work as assigned Experience/Skills Minimum 5 years' relevant experience Good understanding of general human resources policies and procedures Experience using HR management systems Strong Excel & analytical skills Strong numerical, verbal and written communication skills Strong time management skills with the ability to prioritise work Strong attention to detail, with the ability to work on own initiative and be capable of achieving deadlines Excellent Interpersonal skills Good team player capabilities Flexibility and adaptability skills Third level HR or Business related Qualification Pension Abatement If an appointee has previously been employed in the Civil or Public Service and that appointee is entitled to or in receipt of a pension from the Civil or Public Service or where a Civil/Public Service pension comes into payment during the appointee's re-employment that pension will be subject to abatement in accordance with Section 52 of the Public Service Pensions (Single Scheme and other Provisions) Act 2012. Please note: In applying for this position, you are acknowledging that you understand that the abatement provisions, where relevant, will apply. It is not envisaged that the employing Department/Office/Body will support an application for an abatement waiver in respect of appointments to this position. Applicants will be required to complete a pre-employment declaration to confirm whether they have previously availed of a Public sector pension scheme. To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Continue to Application or Login/Register to apply button below.
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