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About the Role

LGT Wealth Management UK LLP is seeking a dedicated professional to oversee and manage payroll, benefits, and compensation processes. This role involves ensuring accuracy, compliance, and seamless administration while supporting strategic HR initiatives and employee wellbeing.

Responsibilities

• Oversee and reconcile monthly payroll submissions across UK & Jersey entities.
• Process monthly payroll, benefits, and pension reports, coordinating with providers.
• Manage statutory payroll reporting requirements and ensure compliance.
• Deliver payroll and benefit inductions to new joiners and handle related queries.
• Provide expert guidance on parental leave, salary sacrifice, and HMRC matters.
• Manage key relationships with benefits and pension vendors, resolving discrepancies.
• Process and record all benefit vendor invoices.
• Oversee annual enrolment and rate renewals for the flexible benefits platform (Darwin).
• Lead testing and rollout of the annual benefits selection window on Darwin.
• Keep the benefits portal updated with all starters, leavers, and compensation changes.
• Administer the annual Holiday Buy/Sell scheme through the benefits portal.
• Work closely with leadership to manage operational annual compensation review processes.
• Provide and adapt compensation review data analysis, highlighting key trends.
• Take a lead role with the Firm’s annual compensation benchmarking and market data exercise analysis.
• Oversee internal salary banding, job profile levelling, and role coding.
• Collate, validate, and submit annual compensation data to McLagan.
• Partner with Group Reward to provide baseline and budgetary information.
• Conduct annual pay gap compensation data analysis and contribute to payroll reporting.
• Action ad hoc visa-related payroll regulatory requirements.
• Partner with Group HR and HRBP teams to manage international assignments and related tax matters.
• Lead payroll and benefits audit processes.
• Support preparations for the EU Equal Pay Transparency Act.
• Contribute to the design of equal pay analysis.
• Maintain and develop UK Compensation & Pay Gap dashboards.
• Establish wellbeing and health-based metrics aligned to the Firm’s people strategy.
• Support the rollout of Pension Governance initiatives.
• Play an active role in the wellbeing committee, Enrich.
• Lead on event communications and host wellbeing and benefits-related events.

Requirements

• Proven experience in managing monthly UK payroll submissions.
• Proficient with Microsoft Excel (including pivot tables).
• Experience managing or coordinating external relationships with benefit and pension providers.
• Understanding of compensation review and salary benchmarking methodologies.
• Excellent stakeholder management skills.
• Collaborative team player.
• Highly proactive and hands-on approach.
• Excellent organisational skills with strong attention to detail.
• Adaptable and solutions-focused.
• Willingness to learn and support broader HR initiatives.

Skills

• ADP experience (beneficial)
• Power BI or people analytics tools (advantageous)
• Familiarity with flexible benefits platforms (e.g. Darwin)
• Experience working in a regulated environment (helpful)

Location

• London
• Edinburgh
• Jersey
• Leeds
• Birmingham
• Bristol
• Manchester

Work Type

• Full-time

Benefits

• Flexible benefits platform (Darwin)
• Holiday Buy/Sell scheme
• Wellbeing and health-based initiatives

About the Company

• LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT.
• The firm offers a fresh approach to wealth management with a transparent service designed around client needs.
• They draw together in-depth knowledge and experience to provide a flexible, bespoke service.
• Their mission is to create long-term value for all stakeholders.
• Their culture encourages idea generation, development, and implementation.
• Core values include belonging, respect, integrity, conviction, and entrepreneurship.
• They have over £30 billion in funds under management and circa 700 staff.