Lead - Compensation & Benefits - Financial Services

We have an opening for Lead Compensation and Benefits - Total Rewards with a Financial Services Company.

Looking for people who have done MBA from Tier 1 / Tier 2 Colleges.

Location: Mumbai

- To head our Total Rewards vertical, which includes C&B, Performance, and Policy Governance, we are seeking an HR specialist with strategic and analytical skills.

- The ideal applicant will be in charge of creating and carrying out a thorough Total Rewards strategy, competitive pay plans, benefits packages, and incentive schemes that complement the objectives of the bank, legal requirements, and industry standards.

- The incumbent will also be in charge of overseeing the Bank's complete policy framework and making sure it complies with all applicable regulations.

- Finally, the incumbent will be in charge of overseeing the Bank's Performance Review procedure, which includes data management, process administration, and MIS reporting.

Responsibilities:

- Compensation Strategy

- Performance Management

- Policy Framework and Governance

- Manpower Planning, Analytics & Reporting

- Stakeholder Management

Skills:

- A track record of success as a C&B specialist in a fast-paced, dynamic Fintech/BFS company

- Comprehensive understanding of C&B principles and procedures, in addition to familiarity with other HR domains

- Proficiency in employment analysis and evaluation systems.

- Strong knowledge of RBI standards, regulatory frameworks, etc.

- Understanding of ESOP structure and executive compensation

- Knowledge of different benefits plans, vendor assessments, industry best practices, etc.

- Excellent Excel skills and a strong understanding of other MS Suite components

- Proficient in using HR software, compensation tools, and compensation modelling, among other things.

- Strong analytical abilities, numerical aptitude, meticulousness, etc.