Reward Specialist

About Ninety One:

Ninety One is an independent, active global asset manager dedicated to delivering compelling outcomes for its clients, managing R3.08 trillion in assets (as at 31.12.24).

Established in South Africa in 1991, as Investec Asset Management, the firm started offering domestic investments in an emerging market. In 2020, almost three decades of organic growth later, the firm demerged from Investec Group and became Ninety One. Today the firm offers distinctive active strategies across equities, fixed income, multi-asset and alternatives to institutions, advisors and individual investors around the world.

About the team:

Human Capital is a dynamic and ambitious team, split across London & Cape Town. We support our people across the globe and through the employee lifecycle. We blend expertise across recruitment, business partnership, development, reward, operations, benefits & wellbeing, and projects. We thrive on pushing boundaries with the ultimate goal of delivering excellent outcomes for our people and for Ninety One.

Our staff are our most important asset. The Global Reward Team plays a key role in ensuring that our reward structures and processes operate to attract and motivate our staff and remain competitive in the global marketplace.

This is an interesting, challenging, and demanding role in a growing and evolving international business. You will be a member of the global Reward team of four (and part of a global HC team of 28) with good prospects to expand your role and responsibilities over time. We are looking for an individual with strong analytical and numerical skills who also enjoys interacting with stakeholders and other teams in the business. You will be the key reward business partner for the Investments division within the firm.

In this role you will

Annual compensation review:

• Be responsible for the annual compensation review for the Investments team
• Prepare divisional costing models and link with finance reporting
• Assist in the delivery of remuneration reports and disclosures, including for the Remuneration Committees

Management information and analysis:

• Provide relevant and accurate data to the management/Exco team on all Reward related data
• Preparation of relevant compensation related financial analysis, models and management information
• Reward and financial support in connection with new hires, including valuation of buy-out awards
• In conjunction with the Human Capital Finance accountants and external vendors, support with updating and ensuring the accuracy and completeness of compensation data globally

Deferral and incentive schemes:

• Support to the Reward Manager in respect of the firms wide-ranging deferred compensation and ownership schemes – specifically including management of the share schemes
• In respect of the share schemes:Working closely with our third-party service providers (Administrators, Trustees, Brokers, Tax/legal advisors etc) managing the share schemes in terms of day-to-day transactions and general system enhancements
• Primary point of contact for employee population for all queries and requirements
• Responsible for preparing tax/regulatory filings required in each jurisdiction
• Preparation of financial reporting on the share schemes, working closely with the Finance/Tax teams

Projects & Regulatory:

• Provide advice on relevant regulatory matters affecting remuneration and incentive schemes and drafting of associated documentation and submissions

You should consider applying if you have

• Recognised financial qualification; CA qualification is desirable
• Experience working in a reward team
• Excellent numerical skills
• Financial services or professional services experience is essential
• Exceptional knowledge of Excel (a test will be administered at the outset of the process to assess level of knowledge, before being allowed to proceed with interviews)
• Experience of Oracle financial systems (advantageous)

Some of the attributes we look for in a person

• The ability to build and maintain meaningful relationships
• High conviction and be comfortable sharing opinions
• A strong belief in doing the right thing
• Driven by results
• Ability to analyse, interpret and assimilate information