Head - Human Resource - BFSI - IIM/MDI/XLRI/TISS/ISB

Position is with a Small Bank License Aspirant.

SUMMARY:

The Head of Human Resources will have overall responsibility for the Human Resources (HR) function within the Bank and will be charged with planning and managing human resource programs and strategies.

The HR Head will be responsible for contributing to organizational strategies, recruiting and retention strategies, promoting organizational development, employee relations and engagement, administering performance management, managing and monitoring employee training, administering and managing the employee compensation & benefit programs and day-to-day HR procedures.

Functions within the department include hiring, benefits administration, payroll administration, training & development, H.R. operations, performance management, and on-going employee relations work. The HR Head will also hold overall responsibility for ensuring that the Bank maintains compliance with human resource-related bank policies, and regulations. This position will report to the CEO and will be responsible for managing a sizable team within the department.

REQUIREMENTS:

- Master's degree in Human Resources or business related discipline preferably from a Tier-1 institute

- Minimum of eighteen (18) years HR generalist experience, with a minimum of 5 to 7 years HR management experience

- Experience in developing and implementing HR strategies that align with business goals in the areas of recruitment and retention; people development; employee relations and compliance

- Ability to collaborate with other departments and all levels of associates

- Excellent communication, leadership, organizational, and decision-making skills

- Ability to effectively manage sensitive situations and confidential data

PRINCIPLE ACCOUNT-ABILITIES:

- Develop and maintain the Human Resource initiative within the Bank's Strategic Plan; ensuring the Bank's direction on employee relations, hiring, and retention is adequately addressed and managed

- Develop and implement HR programs that support business objectives including competitive compensation and benefits programs, HR policies and guidelines, regulatory compliance programs, organizational development programs, payroll administration and employee record management policies

- Develop the recruiting and retention strategy for the bank, including directing the process for phone screens, interviews, reference checks, etc. Responsible for ensuring all recruiting efforts comply with state and national laws

- Develop and manage the Performance Management program for the bank. This includes designing and measuring the effectiveness of the performance review tools, training associates, and communicating the process as needed. This also includes annual salary planning with management

- Provide consultation to management on sensitive employment issues, assist with disciplinary action and terminations and engage legal counsel as needed

- Ensure compliance with all employment laws and Bank policies

- Direct and implement employee engagement and retention programs

- Complete internal control tasks, such as completing required governmental reports, monthly payroll audits, and on-going reviews of other HR associate's reconciliations

- Participate in other projects or Bank initiatives as assigned by management