Reward Partner

Reward Partner

Salary up to £ 57,800

Way of working Manchester/Hybrid 12 month fixed term contract

Want to change the world? Choose a career that makes a difference

At The Co-operative Bank we're proud to be different. We're proud ofour values and ethics, and our unique, customer-led Ethical Policy that shapes everything we do.
Born out of the co-operative movement over 150 years ago, you could say that doing the right thing has always been our thing.We don't just help people with their money, but help people fight for justice and the causes they care about.

We put people at the heart of every decision we make and there's never been a more important time for our Bank to stand up for the causes that matter most to our customers, colleagues and partner organisations.

Join us and help us continue to make progress in environmental and societal change, all with the UK's original ethical bank.

We promote a hybrid working environment, which means you will work at our office in Manchester roughly once a month and then remotely from home. To enable you to work from home, you will need have a suitable office set up which includes a desk and a chair in a location which is free from the interruptions of day-to-day life.

The role:

As a Reward Partner, you'll offer consultative and specialist advice to our Customer Operations Office business area, providing and implementing solutions to complex issues on reward and benefits. You'll also be involved in a number of projects linked to harmonisation of wider group terms.

Key Accountabilities:

Provide a full range of Reward analytics and partnering to enable the Reward and HRBP teams to offer proactive advice and guidance to business areas on all elements of the reward package

Deliver specialist analytical modelling capability across the Reward Team which supports agreed Reward policy / objectives

Develop and run specialist models to inform the design and costing of reward solutions which are in line with the wider Bank / Reward objectives

Provide specialist analytical advice, guidance and insight to the Reward team and other HR stakeholders

Provide external reward providers with Bank salary and incentive information in support of annual salary surveys and benchmarking exercises.

Develop tools to enable line managers to better manage reward issues in conjunction with Reward team

Participate in Reward project activity to ensure the accuracy and consistency of data and reward information, including through a large scale project to integrate terms and conditions across the Bank and its new owners, Coventry Building Society.

Knowledge, Skills and Experience Required:

Specialist Excel spreadsheet and database capability, with strong modelling and analysis skills

Understanding of the broad range of factors impacting on reward advice including, economic, legislative, competitive, external and internal labour markets.

Market knowledge and experience of good reward practice attained through reward networks and market exposure

Strong consulting and partnership skills, with experience of communicating complex and technical reward concepts clearly with a variety of stakeholders

Broad knowledge of a number of reward practices e.g. performance related pay, incentive scheme design, executive pay, employee benefits and pensions. Experience of harmonising terms and conditions would be beneficial.

Knowledge of regulatory and legal frameworks around Reward management, eg Remuneration Regulations within Financial Services.

Project management skills and techniques and experience of managing reward initiatives into the business.

Rounded HR generalist knowledge and ability to identify and support the wider HR agenda.

What You Can Expect From Us:

Flexible and home working options

27 days holiday rising to 30 with service, plus opportunity to buy 5 extra days

• Competitive pension with up to 10% employer contribution
• Income protection / life assurance

Commitment from employers on continued learning & development

Wellbeing support offers mental health support, physiotherapy, GP's for both you and your family.

• 2 paid days for volunteering per year
• 'MyReward' corporate discount for over 800 retailers and Cycle to Work Scheme.
• Family friendly policies and supportive working environment
• Colleague network groups committed to inclusion and diversity within our Bank.

We can only consider candidates with the right to work in the UK at this time.

Our Bank is passionate and committed to continuing to create a diverse workforce and an inclusive environment where all colleagues can fulfil their potential.

At the beginning of the year, The Co-operative Bank officially became part of the Coventry Building Society Group. Together, we have shared values and an ethical approach towards our members, customers and colleagues.

If you require more information or this document in a different format, please contact

As a reputable employer regulated by the Financial Conduct Authority, all offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.

Rated by Morningstar Sustainalytics in the Regional Banks sub-industry with a score of 11.2 as of 14 January 2025.