Payroll and Benefits Specialist

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham, Bristol and Manchester. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.

Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business.  Belonging, respect, integrity, conviction and entrepreneurship  are our core values.  As our brand recognition grows, we are fast becoming an employer of choice in our sector.  We have over £30 billion in funds under management and circa 700 staff.

Job Description

Payroll

• Oversee and reconcile all monthly payroll submissions across UK & Jersey entities, ensuring accuracy and timeliness.
• Process monthly payroll, benefits and pension reports, coordinating with benefits and pension providers for seamless administration.
• Manage statutory payroll reporting requirements, ensuring full compliance with regulatory standards.
• Deliver payroll and benefit inductions to new joiners and act as the primary point of contact for all related queries.
• Provide expert guidance on parental leave, salary sacrifice, and HMRC-related matters, supplying schedules, management information, and reports as needed.

Benefits

• Manage key relationships with benefits and pension vendors, proactively identifying and resolving benefit or pension discrepancies.
• Process and record all benefit vendor invoices, ensuring accuracy and timely payment.
• Oversee annual enrolment and rate renewals for our flexible benefits platform (Darwin), coordinating across insurance and health-based benefit schemes.
• Lead the testing and rollout of our annual benefits selection window on Darwin, guaranteeing a smooth employee experience.
• Keep the benefits portal updated with all starters, leavers, and compensation-related changes, maintaining data integrity.
• Administer the annual Holiday Buy/Sell scheme through our benefits portal, ensuring adherence to policy and deadlines.

Reward

• Work closely with the Head of Reward & HR Transformation, Head of Business Partnering and Finance to manage our operational annual compensation review processes across the Firm
• Provide and adapt compensation review data analysis, highlighting key trends to support the Firm’s approach to pay for performance whilst ensuring fairness and integrity with our compensation award outcomes.
• Take a lead role with the Firm’s annual compensation benchmarking and market data exercise analysis, working closely with McLagan and our key recruitment partners
• Oversee internal salary banding, job profile levelling, and role coding to maintain consistency between our internal frameworks and external market benchmarks.
• Collate, validate, and submit annual compensation data to McLagan, working with the HRBP team to ensure correct coding and data integrity.
• Partner with Group Reward to provide baseline and budgetary information as required.

Regulatory

• Conduct annual pay gap compensation data analysis (across gender, ethnicity, and socioeconomic demographics) and contribute to payroll reporting to support regulatory compliance.
• Action ad hoc visa-related payroll regulatory requirements within UK Home Office timeframes.
• Partner with Group HR and HRBP teams to manage international assignments, ensuring all related tax matters are addressed accurately and consistently, in cooperation with external tax and legal advisors.
• Lead payroll and benefits audit processes as required.

Projects & Committees

• Support preparations for the EU Equal Pay Transparency Act.
• Contribute to the design of equal pay analysis in partnership with Group Reward.
• Maintain and develop our UK Compensation & Pay Gap dashboards.
• Establish wellbeing and health-based metrics aligned to the Firm’s broader people strategy.
• Support the rollout of Pension Governance initiatives.
• Play an active role in the wellbeing committee, Enrich, ensuring our benefits and wellbeing offering reflect Enrich’s strategic priorities.

Lead on event communications and host wellbeing and benefits-related events.

Requirements

Your Technical Skills & Experience

• Proven experience in managing monthly UK payroll submissions (ADP experience would be beneficial).
• Proficient with Microsoft Excel (including pivot tables); exposure to Power BI or people analytics tools is advantageous.
• Experience managing or coordinating external relationships with benefit and pension providers.
• Familiarity with flexible benefits platforms (e.g. Darwin) is an asset.
• Understanding of compensation review and salary benchmarking methodologies.
• Experience working in a regulated environment, such as financial services, is helpful.

Your Core Competencies and Approach

• Excellent stakeholder management: approachable, responsive, and adept at building relationships across all business areas and management levels.
• Collaborative team player who thrives in a dynamic, changing environment.
• Highly proactive and hands-on, comfortable taking ownership and delivering outcomes at pace.
• Excellent organisational skills, with strong attention to detail and a commitment to data accuracy.
• Adaptable and solutions-focused, with a positive attitude towards change and continuous improvement.

Willingness to learn, develop expertise, and support broader HR transformation and analytics initiatives.

Contact Information

We are looking forward to receiving your online application.

For any further information please do not hesitate to contact us.

LGT Wealth Management UK LLP

Human Resources

Lucy Kitchen