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Reward Manager, Banking (London, UK)

Reward Manager, Banking (London, UK)

Requisition ID 
Job Locations 
Job Family 
Performance, Reward and Talent


Reward Manager Banking


We’re hiring!

McLagan are currently recruiting a Reward Manager Banking to join our team in London. The Reward Manager Banking will be primarily responsible for helping empowering results for our clients by delivering innovative and effective solutions as part of our McLagan business group within Aon Hewitt’s Talent, Rewards and Performance team. This position offers an opportunity to work as a Manager in our Stamford, CT office.


About McLagan

McLagan is the financial services industry's leading global compensation consulting firm. Our clients include virtually every leading global financial services firm, including hedge funds, funds of hedge funds, private equity firms, investment management organizations, commercial and retail banks, securities firms and public plan sponsors. Our business model is based on creating and expanding long-term partnerships with our clients. Many of our key client relationships extend back to McLagan’s inception in 1966. More information about McLagan is available at


Our belief is that accurate market data is a requirement for aligning resources with opportunities. Market data identifies business opportunities and market opportunities for talent and products.


Our goal is to provide complete and accurate data coupled with insights to help management interpret market trends in context and apply them to improve business results.


Our business model is based on creating and expanding long-term partnerships with our clients, who trust us with some of their most confidential and sensitive information. As evidence of this, many of our client relationships extend back to our firm’s inception over forty years ago.


McLagan’s clients benefit from our in-depth financial services focus, general management perspective, experienced consultants on every assignment, seamless and integrated global services and integrity and discretion in all matters.


Aon is an equal opportunities employer.  Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.


About the Role

As a Reward Manager some of your key responsibilities will involve:

  • Researching existing and emerging trends in client business
  • Analyzing data related to surveys and client engagements
  • Completing complex analyses; writing reports
  • Fielding client questions and deliver solutions
  • Mentor and provide guidance to more junior staff
  • Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

About you

As a Reward Manager your skills and qualifications will ideally include:

  • Business Knowledge – Background in Financial Services preferred and more specifically Banking / Lending a plus.
  • Technical Skills – Individual should be capable in Excel / PowerPoint, can build presentations, analyze data and extrapolate results from large data sets. Ability to create a story / narrative around information.
  • Relationship Management – Person should be able to talk comfortably with clients, answer on-the-spot questions, service clients, speak and present well. Confidently manage day-to-day client questions / requests.
  • Self-Starter / Independence– Entrepreneurial spirit in the sense they are comfortable in an unstructured environment. Manages time / commitments with little oversight. Develops relationships internally to finds answers to questions.
  • Team Player – Must be able to work within a team, be flexible, diplomatic.
  • Project Management – Not vital, but nice to have. At a minimum, ability to manage competing priorities.
  • Presentation Skills – Ability to be consultative, having strong verbal and written communication.
  • Experience: Strong consulting / financial services industry experience
  • Education: Bachelors or Masters Degrees in Economics, Finance, Mathematics, Statistics, Business, or other relevant field of study, with proven academic excellence.

Salary and Benefits

This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.

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