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Nordic Compensation & Benefits Specialist

Nordic Compensation & Benefits Specialist

Do you want to work with Compensation & Benefits in one of the world’s largest banks?

This is an excellent opportunity for a talented and motivated individual who is passionate about total rewards management and seeks an opportunity to advance their career in the field. In this role you will work closely with HR Business Partners and will be reporting to Head of HR Operations.

As, Nordic Compensation & Benefits Specialist you will contribute in the development of Santander's remuneration and benefits programs to attract, retain and motivate the best talent. Furthermore, you will support operationally the annual C&B agenda in line with our remuneration policy and HR framework.

Key accountabilities:

  • Monitor trends affecting pay and benefits and present relevant analytics to stakeholders
  • Job leveling and preparation of compensation analysis to support HRBPs
  • Submission of salary surveys as part of the annual benchmarking activity and development of salary bands
  • Participate in the annual process of identifying the banks material risk takers
  • Adapt relevant global policies to local policies and ensure that they are compliant in our local market
  • Co-lead the annual salary review process and pay gap analysis with the country HR leads
  • Support HRBPs as C&B specialist when required in dialogue and negotiations with the Nordic union parties
  • Manage international mobility processes in close collaboration with the global IM team, HRBPs, payroll colleagues and external tax providers
  • Digitalisation of C&B in Workday (salary review process, bonus process and development of the C&B module)
  • Contribute on the upcoming compensation framework project (job architecture, job library and development of a supporting tool for HR and managers)

Your profile
To thrive in the role as Nordic Compensation & Benefits Specialist you are able to excel in a dynamic environment and commit to deadlines. Furthermore, you are a C&B specialist with relevant track record in an international organisation. Preferably 3-5 years of experience and higher degree in HR, economics and/or law. The role requires a good level in MS Office (especially Excel), and fluency in English next to one of the Scandinavian languages.

Desirable experience:

  • Mercer benchmarking
  • Development of job architecture structure
  • Workday
  • Mobility
  • Employment law (Norway, Sweden, Denmark and/or Finland)

What we offer

An opportunity to work in a large, high-performing international company and in a dynamic environment that is constantly developing. Being part of a highly competent, dedicated, and friendly HR-team with strong collaboration across the Nordics. You will also have flexible working hours with possibility to work partly from home. Competitive terms and conditions will be given.

Santander strives for diversity in which our employees background, experience, knowledge and personalities enrich the business.

This position can be located in one of our locations in either Norway, Sweden, Denmark or Finland.


You’re welcome to apply for this position as soon as possible and the applications are reviewed continuously. Application deadline is December 10th 2023.

Great Place to Work

  • We invest in you

  • Innovative and looking to the future

  • BeHealthy | Your health is important to us

  • Social events for all employees

  • Engaged colleagues

  • Dynamic work environment

  • Employee benefits and discounts

  • Competitive insurance and pension plans

  • We give back to society

  • Gode pensions- og forsikringsforhold

  • Vi investerer i din udvikling

  • Vi giver tilbage til samfundet

  • Medarbejderfordele og rabatter

  • Dedikeret kollegaer

  • Globale muligheder

  • Sociale arrangementer for alle medarbejdere

  • Innovativ og fremadtænkende virksomhed

  • Gode forsikrings- og pensjonsordninger

  • Engasjerte kolleger

  • Sosiale arrangement for alle ansatte

  • BeHealthy | Din helse er viktig for oss

  • Innovativt og fremtidsrettet selskap

  • Vi investerer i deg

  • Vi gir tilbake til samfunnet

  • Personalgoder og rabatter

  • Dynamisk arbeidsmiljø

  • Sociala evenemang för alla anställda

  • Dynamisk arbetsmiljö

  • Vi ger tillbaka till samhället

  • Konkurrenskraftiga pensioner & försäkringar

  • Innovation, förbättring och utveckling

  • Globala möjligheter

  • Friskvård - din hälsa är viktig för oss

  • Engagerade kollegor

  • Personalförmåner via Benify

About the company

We are a Nordic bank with more than 1,200 colleagues in Sweden, Norway, Denmark and Finland, and proud to be part of Banco Santander, one of the largest banks in the world with a solid history going back more than 160 years.

Our purpose is to help people and businesses prosper and we aim to be the best retail and commercial bank, earning the lasting loyalty of our people, customers, shareholders and communities - through simple, personal and fair banking.

In our organization we foster and value an engaged, challenging and passionate environment that provides opportunities for personal and professional growth. We operate in an ever changing environment, and believe the key to success is innovative involvement, a playful approach to active learning and continuous improvement in our daily work.

We are firmly committed to being a responsible bank in the way we operate, our culture, caring for our environment and giving back to society. Banco Santander is recognized as the most sustainable bank in the world following the publication of the Dow Jones Sustainability Index (DJSI) for 2019.

Read more about responsible banking on our global webpages.

Santander Consumer Bank is one of the largest Nordic banks providing loans and credits, credit cards, deposits and insurance to private customers.

To learn more about Santander in the Nordics, please visit our local webpages


TA Nordic Bank with global strength

TPart of Banco Santander – one of the world’s largest financial institutions

TBanco Santander’s history goes back more than 160 years

TWorld’s Most Sustainable Bank 2019 (Dow Jones Sustainability Index 2019)

TOver 1200 employees across the Nordics

TWe serve over 1.6 million customers

TStrategic partnerships with over 10 000 car dealers, merchants and brokers

TInnovation is key to our future success

TBanco Santanders historie går mere end 160 år tilbage

TVerdens mest bæredygtige bank 2019 (Dow Jones Sustainability Index 2019)

T1.200 ansatte på tværs af Norden

TOver 1.6 mio kunder

TStrategiske partnerskaber med mere end 10.000 bilforhandlere, indkøbere og brokere

TInnovation er nøglen til vores fremtidige succes

TVi leverer digitale kundeoplevelser

TEn Nordisk bank med global styrke

TEn del af Banco Santander – en af verdens største finansielle institutioner

THistorien vår går tilbake til 1963 i Norge

TOver 600 000 kunder og 3500 partnere i Norge

T50/50 fordeling menn og kvinner

TOver 600 000 kunder og 3500 partnere i Norge

TStørst på billån i Norge

TFremtidsrettede | Først ute i Norge med ApplePay

TVi er dedikert til å være en ansvarlig långiver!

TInnovative | Vår siste nyvinning SHFT – en abonnementsløsning for bil

TEn nordisk bank med global styrka

TDel av Banco Santander - en av världens största finansiella institutioner

TBanco Santanders historia går tillbaka mer än 160 år

TVärldens mest hållbara bank 2019 (Dow Jones Sustainability Index 2019)

T1200 anställda i Norden

TVi servar över 1,6 miljoner kunder

TInnovation är nyckeln till vår framgång

TVi levererar digitala kundupplevelser i framkant

Madeleine Tefre Rydholt | Contact Person

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Santander Consumer Bank Nordics

Multiple locations | Hybrid
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