Reward Consultant

Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 170 clients in 35 countries. We are an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research led approach and continual innovation is powered by the passion and creativity of our colleagues.

We are always looking for talented people to join us on our mission to orchestrate the financial ecosystem and democratize access to wealth management. Avaloq offers the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers. Championing a collaborative, supportive and flexible work environment empowers our colleagues to reach their full potential.

Job Description

This is an exciting opportunity for a Reward Consultant to join our global Total Reward & Performance team in Edinburgh. In this role, you will partner with key stakeholders such as Finance, Payroll, Sales Operations and People Teams to implement Total Reward best practice on an international scale.

You will support Avaloq’s global reward and performance processes through high-quality analysis, reporting and operational reward support. This includes providing insight for the annual pay review and performance cycle, supporting market benchmarking and pay equity activities, and helping maintain fair, consistent, data-led reward frameworks aligned to business needs.

• Run analysis to support the annual pay review and annual performance cycle, including data preparation, validation, modelling and reporting.
• Complete market benchmarking activities, including job matching, survey data review, market positioning analysis and preparation of benchmarking outputs.
• Contribute to pay equity activities, including equal pay analysis, gender pay gap reporting and related data checks, ensuring outputs are accurate and well documented.
• Manage sales incentive and commission activities from a reward perspective, including plan documentation, eligibility, data preparation and payment validation.
• Maintaining reward data, tools, templates and process documentation to ensure efficient, repeatable and compliant reward operations.
• Supporting ad hoc queries and provide first-line support for standard reward queries escalating complex or sensitive matters as appropriate.

Qualifications

• Proven experience working in a Total Reward team with a good understanding of market benchmarking, pay review processes, fixed and variable pay structures.
• Strong analytical skills with the ability to work confidently with large and complex data sets. Ability to translate reward data into clear insights, concise summaries and practical recommendations.
• Understanding of pay transparency developments, gender pay gap reporting and wider reward governance requirements.
• Excellent communication skills, with the ability to engage diverse stakeholders, explain technical concepts clearly to non-specialists and bridge knowledge or language gaps.
• A forward-thinking approach to work, self-motivated to learn and develop, a natural curiosity and collaborative nature.

It would be a real bonus if you have:

• Experience working in Financial Services or a global company

Additional Information

We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices.

In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.

We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.

Please be aware that we will not accept speculative CV submissions for any of our roles from recruitment agencies, and any unsolicited candidate submissions will be exempt from any payment expectations.