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Reward Specialist (Equity)



United Kingdom
Posted on Friday, May 3, 2024

About Zepz

Zepz is the group powering two leading global remittance brands: WorldRemit and Sendwave. Since 2010, we have been disrupting an industry previously dominated by offline legacy players with our relentless focus on reducing the cost of remittances and increasing safety and convenience for our users. Every day, our people work to unlock the prosperity of cross-border communities through finance and technology - driven by our vision of a world that celebrates migrants’ impact on prosperity, at home and abroad.

Our brands helped cross-border communities send over $15bn from 50 countries to recipients in 130 countries in 2022. We operate over 5,000 money transfer corridors worldwide and employ over 1,000 people globally. Zepz is a remote-first employer, with team members located across six continents.

Our vision is to create a world that celebrates migrants’ impact on prosperity, at home and abroad. Our purpose is to unlock the prosperity of cross-border communities through finance and technology.

Our Commitments:

  1. We act like owners - We are relentlessly delivering for our users and spending money thoughtfully.
  2. We embrace embarrassing honesty - We function best when we're open and honest with one another — especially about our challenges and doubts.
  3. We have a bias to action - We get to first outcomes quickly, iterate and learn.
  4. We strive to be better - We may make mistakes, but always learn from them.
  5. We are inclusive - to better reflect and serve our users.

About the role

Reporting to the Reward Manager, you’ll support the many Reward programs and activities for our employees globally including, but not limited to, salary review cycles, benefit management, and incentive plans. You’ll act as a subject matter expert, supporting People Team colleagues and the business to resolve queries, solve problems and to build our Reward reputation. This role is ideal for someone who eats data for breakfast! Someone who is comfortable with every aspect of information analysis, from the number-crunching itself to telling the stories that come from those numbers and making recommendations for next steps.

You’ll play a particularly critical role in administering our equity program, so very strong attention to detail is a must. You’ll help ensure our equity cycle runs smoothly and will help inform our approach to equity awards as Zepz grows. As part of our 3-person Reward team, you will have the opportunity to help shape total rewards at Zepz and work closely with our employees..

Reporting to the Reward Manager, you will:

  • Manage the Company’s employee share schemes, from issuing new grants to maintaining databases, ad hoc reporting and processing leavers;
  • Review and reconcile monthly share reports using dedicated share plan software (Shareworks, for which you will also own the vendor relationship) and working with the Finance department to ensure that share plan reporting and accounting is correct and with our HR Operations team to ensure appropriate payroll disclosures;
  • Liaise with the share plan trustee in relation to grant and vesting of awards; proceeds payments and share transfers;
  • Conduct role benchmarking and job evaluation processes and bring best practice to the fore.
  • Support on the annual salary survey processes, managing data to and from the survey providers.
  • Be responsible for the annual pay gap reporting process and undertake appropriate diversity analysis, ensuring diversity & inclusion is at the heart of compensation at Zepz.
  • Assist in tracking invoices against the Reward team budget
  • Prepare papers and data for Remuneration Committee / Board / governance processes

What we’re looking for from you

  • Experience administering global equity programs, particularly with shareholders in the US and UK
  • Strong communication skills – this role will have exposure to senior stakeholders.
  • Resilience to ambiguity – we’re a fast-paced FinTech startup, so things often change rapidly and we sometimes have to make decisions without full context.
  • A deep knowledge of Google Sheets or equivalent including the ability to build complex formulae & create user-friendly data templates
  • Strong attention to detail
  • Experience with (or desire to learn about) benefits administration and other reward related responsibilities in a global context

What we offer you:

Please note that the benefits below will apply to Full-time roles.

We have five core benefits for our talent in the US, UK, Philippines, Poland, and South Africa. If you're not in one of those regions, don’t worry - the Talent team can let you know what is available for you specifically:

  • Unlimited Annual Leave: Most Zepz team members are eligible for unlimited annual leave. Colleagues in customer-facing roles, receive a competitive holiday allowance and four recharge days a year. Feel free to make the most of your time off and maintain a healthy work-life balance!

  • Private Medical Cover: ​​You can opt-in to a Private Medical Insurance scheme. This provides you with access to thorough medical coverage, so you can feel confident in your health and well-being.

  • Retirement: We offer pension schemes to help you plan for and secure your future.

  • Life Assurance: Life assurance is available to give you peace of mind and protect your loved ones in case of the unexpected.

  • Parental Leave: We offer competitive parental leave schemes to ensure you are spending as much quality time with your new bundle of joy as possible.

We are also remote-first as an organisation, offering flexibility for you to work where you need to be most productive. In many locations, we have workspaces, which you can use as you desire. Most roles in the Philippines are predominately office-based, with this we offer free meals for those 100% on-site.

In addition to the above, you will discover that we have a range of secondary perks (such as the cycle-to-work scheme and employee discounts) depending on your location, to help you thrive at Zepz!

Why choose Zepz?

  • Our team of over 1,000 employees is fully distributed across the world. We are working from coffee shops, homes, and co-working spaces — making us one of the larger fully distributed growth-stage startups in the world but we also offer workspace in our talent cluster locations - spaces we can meet, collaborate and connect.

  • We are proud parents, community organizers, farmers, band members, yoga teachers, YouTube influencers, former Olympians, and serial entrepreneurs.

  • We collectively speak over twenty languages, including Akuapem, Amharic, Bengali, Ewe, Fante, Ga, Igbo, Kalenjin, Luganda, Oromo, Somali, Swahili, Wolof, Bulgarian, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Irish, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish and Swedish.

  • At Zepz, embodying our commitments binds us together. We are collectively passionate about striving to achieve our vision and purpose - to continue to provide the best service to our users.

Ready to Apply?

Applications will be reviewed on a rolling basis. If interested, please submit your resume along with a cover letter (optional), highlighting why your experience demonstrates you meet the requirements of the role. Please also indicate the countries in which you have work authorization.

Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a 'perfect' candidate. Zepz is a place where everyone can thrive.

So however you identify and whatever background you bring with you, and if at all you might need any form of support to make the process as comfortable as possible, please let us know and give us a shot by applying. We want you to be excited to wake up to make an impact every day.