Assistant Vice President - Human Resources - Financial Services

A leading company into financial services is looking for a good candidate for the role of AVP - HR.

The details are as below

Job Description - AVP - HR

Reports to: Director

Supervises: Executive / Asst Manager

Key Accountability

- Define and drive HR policies & procedures

- Ensure that the organization's personnel policies are in line with the regulatory norms

- Recruitment of people within targeted time

- Ensure timely and efficient performance reviews for all employees is conducted and the feedback is given for the same

- Lead the change management process for all HR functions and initiatives

Key Activities :

- Manage group vision & strategy

- Understand business concept and organizational strategy

- Formulate HR strategy for the organization and any other new businesses initiates outside India

- Ensure documentation and updation of the strategy

- Implement HR initiatives to support business strategy

- Monitor strategy implementation

- Manage recruitment

- Oversee preparation of the manpower plan and authorize the same

- Ensure a proper succession plan is chalked out for key positions

- Manage the change programs for moving resources within teams

- Manage induction and career path

- Oversee and participate in induction/ employee orientation programs for all new recruits

- Communicate job descriptions and KPI's & KRAs to new recruits at the top management levels

- Develop management/ leadership/team competencies

- Oversee performance management system

- Approve of various rewards and recognition schemes

- Ensure timely review of performance of all employees and feedback is given to all employees

- Manage compensation

- Oversee study of the trends of competition and similar industries and benchmark the same

- Approve the compensation structures based on

- Industry practices

- Tax benefits

- Balance between fixed and variable pay

- Company philosophy

- Personnel Management

- Oversee employee resignation/ retrenchment/ retirement/ redeployment

- Monitor development and training of employees

- Monitor employee information

- Take disciplinary action when necessary

- Ensure employment well-being and satisfaction

- Monitor employee satisfaction

- Counsel employees in matters related to work place or working environment

- Manage internal communications

- Manage and support workforce diversity (Casual versus permanent employees, women employees etc)

- Manage implementation suggestion schemes

- Ensure employee participation in organizational improvements

- Manage HR Information System

- Develop & oversee maintenance of a HR information database which captures all employee details

- Ensure compliance with statutory requirements

- Working in Fintech Start ups will be an added advantage.