Pay and Reward Manager

Location: Bank, Central London (Hybrid Working)

Contract: Initial 3-Month Contract

Working Pattern: Full-Time, 3 Days per Week in the Office

Pay Rate: £243.52 per day PAYE or £319.12 per day Umbrella

Reed is delighted to be partnering with the City of London Corporation to recruit an experienced Pay & Reward Manager for an exciting interim opportunity within its People & HR function.

This is a fantastic opportunity for a reward professional to take ownership of a high-profile reward portfolio within a complex and dynamic organisation. Working closely with senior leaders, HR colleagues and key stakeholders across the Corporation, you will lead the delivery of pay and reward activities, provide expert advice on complex reward matters, and drive strategic reward initiatives that support organisational objectives.

The successful candidate will combine strong technical reward expertise with excellent stakeholder management skills and the ability to lead projects, influence decision-making and deliver meaningful improvements across the reward function.

The Role

As Pay & Reward Manager, you will be responsible for leading and developing the organisation's pay and reward agenda, ensuring that policies, processes and practices are fair, effective and aligned to organisational priorities.

You will provide expert guidance on a broad range of reward matters including pay structures, allowances, job evaluation, benefits, contractual terms and reward governance. In addition, you will lead reward-related projects and provide strategic insight to senior stakeholders through robust analysis and data-driven recommendations.

This role will also include direct line management responsibility for the HR Reward Analyst and oversight of reward-related project activity.

Key Responsibilities

• Lead the delivery and continuous improvement of pay, reward and benefits processes across the organisation.
• Provide expert advice and guidance on complex reward, pay, benefits and contractual matters.
• Lead the organisation's Job Evaluation framework, ensuring consistency, fairness and effective governance.
• Develop and review reward policies, frameworks and practices in line with organisational objectives and market trends.
• Produce high-quality analysis, reporting and reward insights to support senior decision-making.
• Lead reward-related projects and transformation initiatives from planning through to implementation.
• Work closely with Payroll, Finance, HR colleagues and senior leaders to ensure effective reward delivery.
• Build and maintain strong relationships with internal and external stakeholders, including Trade Union representatives where required.
• Manage, coach and develop the HR Reward Analyst, ensuring the effective delivery of team objectives.
• Present recommendations and updates to senior management and governance groups.

Previous experience within the public sector, local government or a similarly regulated environment would be advantageous, although applications from other sectors are welcomed.

If you are an experienced reward professional looking for your next interim challenge and would like to play a key role in shaping pay and reward practices within a prestigious organisation, we would welcome your application.