Manager - Performance & Rewards - BFS

Description:

We are looking for a highly organized and analytical Performance & Rewards (P&R) Manager to support enterprise-wide initiatives across compensation, benefits, policies, and data analytics. This role plays a key part in driving data-backed decisions, shaping the rewards framework, and influencing employee experience across the organization.

The ideal candidate will have strong domain knowledge, a proactive approach, and the ability to collaborate effectively with cross-functional HR teams and business stakeholders.

Key Responsibilities:

Performance & Rewards:

- Support strategy, design, implementation, administration, and communication of all compensation programs.

- Lead research, benchmarking, and internal data analysis to ensure compensation policies remain competitive and equitable.

- Stay updated on local regulatory requirements and collaborate with Legal and external consultants to ensure compliance.

- Drive the annual compensation review cycle, including market intelligence and alignment to internal compensation guidelines.

- Partner with HRBPs and TA to deliver effective rewards solutions and support broader HR initiatives.

- Collaborate with business stakeholders and COEs to provide guidance on complex compensation and benefits cases.

- Work closely with Finance and business leaders on budgeting and adherence to approved reward frameworks.

Policies & Benefits:

- Support the design, review, and enhancement of HR policies to strengthen employee experience across the lifecycle.

- Collaborate with internal teams to evaluate and improve benefits programs.

Data Analytics & Audits:

- Analyse workforce data and dashboards to identify trends, risks, and opportunities; recommend proactive interventions.

- Partner with HRBPs to understand organizational sentiment and prepare trend summaries and insights for leadership.

Skills & Qualifications:

- 3+ years of experience in Performance & Rewards, Compensation, and Benefits.

- Strong analytical capabilities with hands-on experience in advanced Excel and presentation tools.

- Excellent communication skills with the ability to engage effectively with HR and senior management.

- High ethical standards and discretion in handling confidential information.

- Experience working in HR COE teams within a GCC setup, preferably within the banking or financial services industry.