Compensation & Benefit/Total Rewards Role - BFSI

Please find below JD for your perusal.

Roles and Responsibilities:

- Develop and demonstrate good knowledge of Business lines and products

- Overall planning and execution of Year End Compensation exercise

- Provide YE analytics & data management

- Develop training and communication materials for the implementation of Year End Compensation exercise and other local compensation programs

- Provide market and job insights through Market data Benchmarking by participating and analysing various market compensation surveys

- Provide Market Intelligence through different resources like secondary research, networking with compensation professionals in other peer firms

- Consultative services to HRBP's in the area of Compensation

- Continuous connect with Global compensation team as well as regional HR teams inorder to be complaint with both local as well as global standards

- Responsible for managing an effective relationship with HR vendors such as consulting firms, internal stakeholders, banking relationship, non-statutory related vendors

- Adhoc projects to enhance employee experience related to Rewards

- Support in wide variety of Compensation initiatives across India

- Provide guidance on all contractual, compensation, tax and mobility issues

- BAU activities in Compensation and Benefits Department including new Compensation fitments etc.

- Design, review and maintain salary Bands for the purpose of talent acquisition on annual basis.

Mind - Set:

- Post Graduate with 3-6 years of experience in C & B

- Team player with a demonstrated ability to collaboratively work with a wide range of people at different levels

- Strong Interpersonal and communication skills

- Ability to take initiatives and willingness to learn

- Hands on experience with quantitative and qualitative research

- Strong analytical skills and MS Office skills

- Flexible and ability to handle multiple tasks

- Familiarity with Success factor (SAP)/ Oracle

- Understanding of benefits in the Indian scenario is an added advantage