Capital Trust - Head - Human Resource

The eligible candidate should be from NBFC-MFI Companies

Job Description - Head - HR, and Training

- Formulation of reward recognition and benefits strategies, policies and processes aligned to Micro Finance (MFL) and NBFC business needs and develop and manage related policy and procedures and systems.

- Design and develop reward and recognition strategies, policies and processes by understanding business requirements, challenges, market positioning and local market/industry practices.

- Lead the formulation of reward recognition and benefits strategies aligned to Micro-Finance/ NBFC business needs and develop/ manage related policy, procedures, and systems.

- Prepare, collates and analyzing market data and competitors pay to model.

- Management of the Reward Team ensuring the delivery of team objectives in delivering timely and 100% error free services.

- Contribute towards the overall development, growth, and management of the function in MFL / NBFC by supporting and developing and strengthening Talent Acquisition/ Talent Management Function.

- Work in partnership with Group Company HR Team and contribute towards business objectives.

- Gain a deep understanding of current and future business drivers and ensure changes arising from the business process re-engineering activities are reflected in the Reward structure and strategy.

- Ensure fairness and consistency in the operation of reward recognition and benefits strategies and related policy procedures and systems.

- Support annual performance review and variable pay processes.

- Evaluates and improvise the effectiveness of Reward and Recognition systems, Recruitment Strategies, Training & Development Function and align the same with business requirements.

- Develop guidelines for Annual Appraisal/ Increments and Variable Pay (Policy, Process Guidelines, Education, Review, Reporting and Employee Communication) as per budget and recommendation.

- Bring alignment in organization hierarchy structure with parity in Reward, Compensation, and Benefits (C&B).

- Create awareness of rewards and recognition processes, policies and programs across the organization.

- Work closely with IT department to digitize and execute the appropriate technologies to be utilized for rewards and recognition.

- Introduce job evaluation to ensure pay as per job value. Create policies, processes to institutionalise the same.

- Managing the delivery of training and development programmes and, in a more senior role, devising a training strategy for the organization;

- Evaluating training and development programmes.

- Achieve a training yield/training throughput as per the thresholds