Sr Manager - Compensation & Benefits - BFSI

I have an opening with one of the MNC in Mumbai as HR – Comp & Ben. Kindly find the details below.

Job Description

- To act as the representative of the PRB Centre of Expertise for the region, providing expertise, guidance, training and support for business units and HR Managers in the region on all aspects of PRB issues.

Key Roles & Responsibilities

1. Develop expertise in reward issues and act as a trusted adviser and counsel to the business, HRRMs and Group Reward in these areas in the region.

2. Partner in Design/develop/implementation of country specific policies, processes and documentation to maintain alignment with the current and future Group HR and business strategy and to ensure competitiveness in the market.

3. Increase stakeholder confidence in market benchmarking process.

4. Manage the Performance Pay and Potential Review process within the region. Leverage analytical support and deliver business as usual compensation support timely and flawlessly

5. Support in Implementation of Group PRB initiatives in the region.

6. Development/Implement measures to ensure compliance with regulatory requirements on PRB programmes.

7. Maintain relationships with key stakeholders in order to ensure their engagement and sponsorship of the Bank’s reward philosophy.

8. Design / implement communication materials to promote understanding of Total Reward principles.

9. Negotiate and recommend Service Level Agreements with the Bank’s external vendors (e.g. service providers, benefits consultants) to secure service and agree budgets. Monitor the performance of the vendors and provide inputs and recommendations on the renewal of the service.

10. Review and govern the Talent acquisition offers in line with Global Hiring delegated approvals.

11. Handle any ad hoc assignment.

12. Network with counter parts in the industry and gather market Intelligence.

Qualifications & Skills

A graduate ideally with a further professional qualification (e.g. accountancy, Personnel Management, benefits).

- Proven track record with extensive experience in or exposure to Reward.

- Facilitation, influencing and relationship management skills.

- Experience of project management and execution with the line

- Conversant with local legal regulatory environment

- At least 6-10 years experience working in PRB/HR environment.

Interested Candidates can mail across their resumes.
Details:
Tel: 02240272007