Reward Specialist

AI summary

Rand Merchant Bank seeks a Reward Specialist in Lagos to design and manage reward, remuneration, and employee benefits frameworks. The role partners with Human Capital to ensure equitable and compliant reward practices. Requires 6-8 years experience and BA/BSc/HND or MBA/MSc/MA.

• 6-8 years of experience required
• BA/BSc/HND or MBA/MSc/MA qualification
• Full-time position in Lagos
• Focus on reward, remuneration, and benefits

Description

Reward Specialist at Rand Merchant Bank July, 2026 | MyJobMag Login Signup Employers Nigeria Ghana Kenya Nigeria South Africa UK Jobs Career Advice Post Job Search for Jobs Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Administration / Facilities Agriculture / Agro-Allied Art / Crafts / Languages Aviation / Aerospace Banking Bursary and Scholarships Caregiver / Nanny / Social Workers Catering / Confectionery Construction and Site Engineering Consultancy Content, Editorial and Journalism Customer Care, Success and Service Data, Business Analysis and AI Driving Education / Teaching / Training Engineering / Technical Environment Health and Safety Finance / Accounting / Audit Food, Beverage and Hospitality General Graduate Jobs Human Resources / HR ICT / Computer Insurance Internships Janitorial Services Legal and Regulatory Logistics Manufacturing Marketing and Communication Media Production and Entertainment Medical / Healthcare NGO/Non-Profit Oil and Gas, Energy and Mining Pharmaceutical Procurement / Store-keeping / Supply Chain Product Management Project and Program Management Real Estate Research and Development RFP / RFQ / EOI Risk Management and Compliance Sales and Business Development Science Security / Intelligence Shipping and Maritime Sports, Fitness and Personal Care Strategic and Top Management Travels and Tours UX, Design and Architecture Volunteer BA/BSc/HND First School Leaving Certificate MBA/MSc/MA NCE OND Others PhD/Fellowship Professional Certificate Secondary School (SSCE) Vocational Close Detailed Search X Send this job to a friend Type the email of your friend Enter your email Type Your Email Message I think you may be interested in this position - Reward Specialist at Rand Merchant Bank. This is the link: https://www.myjobmag.com/job/reward-specialist-rand-merchant-bank-1?utm_source=email_friend. Copy and paste link on browser if link is not working. Check it out! X Did you notice an error or suspect this job is scam? Tell us. Enter your email Type Your Message Reward Specialist at Rand Merchant Bank View Jobs in Banking / Financial Services / View Jobs at Rand Merchant Bank Posted: Jul 23, 2026 Deadline: Not specified Save Email @gmail.com @yahoo.com @outlook.com Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. We structure the most appropriate financing solu... Read more about this company Reward Specialist Job Type Full Time Qualification BA/BSc/HND , MBA/MSc/MA Experience 6 - 8 years Location Lagos Job Field Human Resources / HR Job Description The Reward Specialist is accountable for supporting the design, implementation, and ongoing management of reward, remuneration, role grading, and employee benefits frameworks in line with approved Group policies, governance standards, and business strategy. The role partners with Human Capital and business stakeholders to ensure reward practices are consistently applied, internally equitable, market aligned, and compliant with regulatory and governance requirements. In addition to core reward responsibilities, the role contributes to the delivery of broader Human Capital activities across multiple HC pillars, supporting integrated people solutions and enterprise wide HC initiatives as required. Key Responsibilities Reward & Remuneration: Partner with business units to support the design, implementation, and ongoing management of remuneration and reward frameworks aligned with organisational strategy and business priorities. Conduct salary benchmarking and participate in internal and external remuneration surveys to support market competitiveness and internal equity. Support annual reward processes, including salary review cycles, incentive schemes, and bonus allocations. Design, review, and recommend incentive and reward schemes, preparing proposals for governance forums and leadership approval. Provide high-quality remuneration analytics, insights, and reporting to support informed decision-making. Role Grading & Job Architecture: Facilitate and manage role evaluation and grading processes, ensuring consistency, fairness, and adherence to approved methodologies. Apply role grading outcomes to remuneration decisions in line with policy, governance, and budgetary requirements. Maintain accurate and up-to-date role, grading, and job architecture data across the organisation. Employee Benefits: Monitor market trends and conduct benchmarking to inform recommendations on employee benefit offerings. Support the implementation, administration, and ongoing management of employee benefit programmes. Respond to benefit-related queries and provide clear, accurate guidance to employees and managers. Governance, Compliance & Risk: Ensure reward and benefits practices comply with relevant legislation, internal policies, and governance frameworks. Maintain current knowledge of regulatory requirements, industry best practices, and internal standards. Support audits, reviews, and risk management activities related to reward and remuneration. Stakeholder Engagement & Advisory: Act as a trusted advisor to Human Capital Business Partners and line managers on reward related matters. Provide guidance on reward policies, processes, budgets, and employee queries. Prepare high quality reports, presentations, and documentation for remuneration committees and senior stakeholders. Process Improvement & Data: Analyse reward data and trends to identify insights, risks, and opportunities for improvement. Drive continuous improvement through process optimisation, standardisation, and automation where possible. Deliver accurate, timely, and insightful reporting in line with service standards and business requirements. HC Cross Pillar Support: Contribute to the delivery of broader Human Capital initiatives across the employee lifecycle, including performance management, talent management, organisational effectiveness, learning and development, and HC operations. Support cross functional HC projects and change initiatives in alignment with Group and in country priorities. Collaborate with HC Business Partners and Centres of Expertise to ensure alignment and integration of reward practices with other HC frameworks. Provide people data, insights, and analysis to support workforce planning, governance reporting, and decision making beyond reward. Act as a flexible HC resource during peak cycles and priority initiatives, ensuring continuity and quality of HC service delivery. Qualifications & Experience Bachelor’s Degree in human resources, Industrial Psychology, Business Administration, or a related discipline. Postgraduate qualification in Reward, Human Resources, or a related field is an advantage. Minimum of 6-8 years’ experience in reward, remuneration, or broader Human Capital roles, preferably within financial services or a complex corporate environment. Demonstrated experience across end-to-end reward practices, including remuneration, incentives, benefits, and role grading. Proven experience partnering with business stakeholders and senior leaders. Technical & Professional Skills: Strong analytical, numerical, and data interpretation capability. Experience with salary surveys, benchmarking, and reward analytics. Sound understanding of labour legislation and reward governance principles. Advanced Excel and reporting skills; experience with HR systems is advantageous. Competencies: Strong business acumen with high attention to detail. Excellent communication and stakeholder management skills. High levels of integrity, professionalism, and discretion. Strong planning, organisation, and execution capability. Ability to work independently and collaboratively in a fast paced, high performance environment. Ability to operate effectively across multiple Human Capital disciplines and adapt to evolving business and organisational needs. Check how your CV aligns with this job Method of Application Interested and qualified? Go to Rand Merchant Bank on firstrand.wd3.myworkdayjobs.com to apply Build your CV for free. Download in different templates. Share Save Email Report Get new Human Resources / HR jobs like this on Telegram. Subscribe on Telegram Send your application Your Name Your Email Your Phone Number Your Current Location Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Subject of your Application Your cover letter Attach your CV/Doc View All Vacancies at Rand Merchant Bank Back To Home Jobs You Might Be Interested in HR Officer at Softhills Limited HR Manager at CareDent Dental Clinic Human Resources Manager at Ekini White Tulip Consulting Limited Job Search & Application Specialist (AI-Assisted) HR Officer (Generalist) at Nicole Sinclair Consulting Human Resource Manager Recruiter at Regolith Technologies Human Resource & Administrative Officer at Kayhelt Pharma HR Sales & Operations Lead at Assist to Hire Limited HR Manager - MDM (Abuja) at Medecins Du Monde Human Resources Manager Human Resources (HR) Manager at Viju Industries Nigeria Limited Human Resources Manager Human Resources Manager at Salve Consulting Limited HR Manager at Salve Consulting Limited Find Your Dream Job! 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