Associate Rewards Specialist (Deferred Remuneration Support)

Danske Bank Lithuania

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Are you ready to be a part of the exciting development of Total Rewards at Danske Bank? We are a team of 14 colleagues spread across the Nordics and Lithuania, working on all aspects of Total Rewards processes. Our attention is dedicated to the administration of the Groups incentive schemes, from bonus allocation to bonus payout, in the context of the highly regulated financial sector.

This role will be crucial in supporting end-to-end processes relating to deferred compensation, including cash and equity schemes for the Executive Leadership Team, material risk takers, and other senior managers. Additionally, this role will provide support to the entire team in everyday operations concerning the administration of broader incentive programmes.

Depending on your experience and knowledge, we may offer you a different seniority of the role.

You will:

Administrate end-to-end deferred compensation schemes, including the upload of cash and equity data into the deferred compensation system, communication materials to the employees, maintenance and update of data, and administration of payouts
Administrate matters related to equity programmes, from support of equity grants to distribution of shares and taxation thereof
Collaborate monthly with HR Service and Group Treasury with regards to the maintenance of equity balances in Treasury books
Oversee deferred cash payouts in cooperation with HR Services and Group Accounting
Engage in data processing and reporting for our Analytics Team and Rewards Partners
Engage in processes related to yearly bonus allocation and payout, such as performing controls, preparing bonus letters and payout files, and supporting accounting processes around bonus
Prepare, update, and maintain Standard Operating Procedures; answer employee queries; and approve access

About you:

2 years of experience in payroll, accounting, HR administration, or similar related areas
Experience with deferred remuneration or equity programmes would be an asset
Advanced Excel skills and financial acumen
Analytical problem-solving abilities, a high degree of attention to detail, and the ability to work in a frequently changing working environment
Bachelors degree in finance, accounting, or related field
Advanced English language skills

We offer

Monthly salary range from 2240 EUR to 3360 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package which includes:

Growth opportunities: professional & supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.
Health & Well-being: a diverse, inclusive, work & life balance work environment; additional health insurance; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
Hybrid working conditions: home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.
Additional days of leave: for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.
Monetary compensation package: accidents & critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.

Additional days of vacation
Canteen services and free fruits
Third pillar pension fund
Free parking & charging ports - cars, bicycles, e-scooters

Monthly gross salaryGross/mo € 2240 - 3360

Location

Lithuania

Time of work

Full-time

Languages

English
Lithuanian

Contact person
Associate Rewards Specialist (Deferred Remuneration Support)

In Danske Bank Lithuania we gathered smart, innovative and open colleagues with can-do mindset, who are reimagining banking services and creating an ingenious product portfolio, and at the same time – ensure smooth daily operations of the entire Danske Bank Group.

Consider us as “the engine of the bank” – while we do not provide banking services to customers in Lithuania, we are the brain and muscle behind many of Danske Bank’s services to our global customers. Our high-quality delivery and can-do approach led us to becoming a strategic site for Danske Bank, an international community of 22,000+ colleagues worldwide.

Danske Bank Lithuania is Danske Bank’s strategic unit, providing finance, IT and global business services to serve our customers worldwide. We are on a journey to push the banking boundaries and make constant improvements in how we operate. We aim to do this by combining the best of two worlds: the strengths of what Danske Bank has built over 150 years and the approach of start-ups to what we are going to create in the future.

We see diversity as our potential, and the cornerstone of our company’s success, that will ensure our continued competitiveness and innovative strength.

We try to create an inclusive workplace where differences are our strengths and where people feel valued and can realise their full capabilities.

Because of that, the critical focus point for us is to be able to recruit, develop and retain employees without attaching any specific labels to them.