Senior Reward Specialist

Job ID: 30109

Are you ready to lead the way in shaping and driving innovative reward strategies in a dynamic, global environment? We are seeking a Senior Reward Specialist to join our team, focusing on fixed pay and incentive plans, pay equity, job architecture and grading, as well as overall reward design and operations. This is a unique opportunity to make a meaningful impact by developing and enhancing a well-structured and competitive reward framework.

You will join the Reward team, a key part of our Group People function. Our mission is for the full Nordea Group to design and deliver reward programs that attract, motivate, and retain top talent while aligning with business goals. The position reports to the Head of Broad Based Reward and will collaborate closely with stakeholders across Group People, Group Functions and our business areas.

At Nordea, we see that the world is changing fast – and we want to be one step ahead of the curve. That’s why we’re deeply committed to providing the financial solutions of tomorrow to our customers. We’re creating an agile environment where we experiment and grow together – and we need your ideas and unique background. With us, you’ll be in good company with a chance to make your mark on something bigger.

About This Opportunity

As a Senior Reward Specialist, you will be responsible for delivering key elements of our reward strategy, with a strong emphasis on pay equity and fixed and variable pay plans. You will play a critical role in ensuring effective design, implementation, and operation of reward structures and processes.

What you will be doing:

• Pay equity and transparency: Contribute to the further development and management of our pay equity and transparency efforts, which are a current key focus
• Governance and compliance: Ensure reward practices comply with relevant legislation, internal policies, and governance frameworks
• Reward design and operations: Develop and improve reward processes, including salary reviews, pay setting, and incentive plans
• Job architecture and grading: Support the development and management of job levelling frameworks, ensuring roles are properly graded, and aligned with our strategic goals
• Benchmarking: Conduct market analysis and benchmarking to maintain competitive and equitable reward practices
• Stakeholder collaboration: Partner with business leaders, People teams, and external providers to deliver data-driven reward solutions
• Continuous improvement: Monitor industry trends and best practices, driving innovation in reward strategies and processes
  
  

You’ll join a team with inspiring and highly competent colleagues, where constant development is the main driver. The role is based in Copenhagen; Helsinki; Oslo; Stockholm; Tallinn; Warszawa.

Who You Are

Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.

To succeed in this role, we believe that you have:

• An open and curious mindset with a positive attitude
• Strong teamwork skills and a collaborative approach
• A high sense of ownership and drive
• A proven ability and passion for solving complex problems
• A strong ability to prioritise conflicting demands and manage multiple tasks simultaneously
• A detail-oriented approach with a commitment to accuracy and compliance
• Curiosity to continuously learn and develop
  
  

Your experience and background:

• A minimum of 5 years’ experience in reward roles, with expertise in variable pay plan design and operations, and a strong focus on pay equity
• Additional experience in job architecture, benchmarking, and grading methodologies (e.g., Hay, Mercer) is preferred
• Strong analytical skills, including high proficiency in Excel
• Experience working in complex legal and regulatory environments is a strong advantage, with a preference for financial industry experience
• Excellent communication and interpersonal skills, with the ability to effectively train and engage with employees at all levels 
• Master degree or equivalent in HR, Business, or related field
• Professional level in English language, verbal and written
  
  

If this sounds like you, get in touch!

Next steps

Submit your application no later than 15/08/2025. For more information, you’re welcome to contact Henrik Koefoed Hansen at [email protected],

At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.

For candidates in Sweden: For union information, please contact [email protected] or [email protected].

For candidates in Poland: Please include permit for processing personal data in CV as following:

In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp.

The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf.

We reserve the right to reply only to selected applications.