Performance & Reward Analyst

Job Title Performance & Reward Analyst

Location Birmingham

Corporate Title Associate

The Performance and Reward (P&R) Enablement team is a key pillar of the Central P&R organisation, enabling coordinated and consistent processes across the product portfolio. In this role you will be responsible for the day-to-day delivery and support of P&R products and processes. You will work in close partnership with Human Resources (HR), Central Performance and Reward and IT, to ensure effective delivery of end-to-end processes.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days’ holiday plus bank holidays, with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

• The opportunity to support a wide-ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Contribute to the successful delivery of end-to-end global variable compensation, fixed pay review processes and regulatory processes.

• Hands-on support for P&R product specialists and Divisional Reward on global delivery and rollout of products, processes, or policies e.g., project tracking, planning.

• Produce effective communication or reference materials to support managers and employees in the use of any P&R product or process e.g. Updating HR Connect pages, systems guides, HR training

• Supporting the design, delivery and implementation of P&R products and processes across the Bank, from launch through to post implementation review e.g., Year End Compensation, Additional Fixed Pay processes, Regulatory processes

• Complete data audits and cleanses as required and ensuring any follow up actions are completed on time

• Adhoc reporting and analysis of P&R data using Excel and/or Access as needed

Your skills and experience

• Fluent in German language both written and verbal

• Experience in a HR environment (Reward/compensation experience preferred)

• Experience in large multisite / global organisations

• Consultative and collaborative approach to problem solving

• Experience in HR systems and technology

• Experience in process design and improvement

How we’ll support you

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities

• A culture of continuous learning to aid progression

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g., screen readers, assistive hearing devices, adapted keyboards)

Please note the expected salary for some roles may be below the minimum level requirements to support candidates who require a Skilled Worker visa to work in the UK. Should you already have a Skilled Worker visa and are identified for a role, we can discuss and support you with the process

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.