Reward Analyst

2 months ago

Sydney, Australia Westpac Banking Corporation Full time

Reward Analyst - Executive Reward, HR
- Permanent
- Sydney/Melbourne - hybrid work
- Use your HR/Reward & numerical skills in a varied team co-ordination role

**How will I help?**

Reporting to the Head of Executive Reward Relationships, Risk & Control, you will be the first point of contact within the team for the day-to-day BAU activities and processes for the executive reward team along with ad hoc executive remuneration queries. You will ensure that all aspects relating to executive reward (covering CEO, Group Executives, General Managers, Non-executive Directors (main Board and subsidiary) are effectively implemented. The role operates autonomously and under supervision in managing all processes, administration, and deliverables with key stakeholders on executive reward matters.

Major accountabilities include:

- Preparing remuneration approval documentation and documentation relating to contractual aspects of executive appointments, moves and separations. Ensuring that all related systems updates, processes, and communications are coordinated and completed in an efficient, effective, and compliant manner in line with operating procedures, regulatory standards, and strategy.
- Maintaining, checking, and updating various tools, templates, databases, and regular reporting relating to executive reward with an eye for accuracy and continuous improvement. Regular checking and monitoring of all executive payments and changes and ensuring all relevant documentation is held on file. Update process maps and monitor controls to manage all risks.
- Coordinating and undertaking executive remuneration benchmarking surveys, providing reporting and analysis of trends.
- Contributing to the delivery of external disclosures through the timely provision of executive remuneration data
- Working as part of a team to deliver all aspects of the executive remuneration review, including ensuring that all related deliverables, systems, processes, and resources are scoped, coordinated, and produced effectively with a high degree of accuracy and that all timelines are met.
- Working as part of a team to ensure that the implementation of performance management initiatives, including executive performance scorecards supports the overall Group strategy and approach.
- Supporting executive reward projects as required.

**What's in it for me?**

You'll play a significant part of the future of a business that has been around for 200 years. Our purpose is to create better futures together. So, we'll back you in the development of your career, internal career prospects, and flexible working. You'll also keep learning to grown, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.

**What do I need?**

As a Reward Analyst you will bring a strong interest in remuneration practices, executive remuneration, reward governance and human resources. You will be highly numerical with exceptional attention to detail and a high level of quality assurance on the end products and outcomes. With an ethical and professional manner, you will have a focus on confidentiality and a can-do attitude. You will enjoy the predictability of core elements in your daily role and the variety of internal and external stakeholders you deal with via your strong interpersonal and communication skills. With excellent drafting skills to prepare various types of formal communication and documentation, you will demonstrate a disciplined approach to prioritisation, up and completion. A desire to progress a career within the reward and remuneration space will be highly regarded.

**What is it like to work there?**

We aim to provide one big, supportive team to help us achieve our purpose of creating better futures together. As well as competitive remuneration and a great culture, joining the Westpac family means you will get some of the best banking, wealth, and insurance benefits in the market.

We back our employees by helping them work towards industry-recognised qualifications, using online learning, training modules and career planning tools for you to grow with us. We will even pay you to do volunteer or community work.

As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility - and champions inclusion.

**How do I apply?**

Start here. Just click on the APPLY button.

**Do you need reasonable adjustments during the recruitment process?**

Job ID 300001026955812

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