Acuity Knowledge Partners - Process Leader/Senior Manager - Total Rewards/Compensation & Benefits

About Acuity Knowledge Partners :

- Acuity Knowledge Partners, formerly part of Moody's Corporation, is a leading provider of bespoke research, analytics, staffing and technology solutions to the financial services sector.

- Headquartered in London, Acuity Knowledge Partners has nearly two decades of transformation experience in servicing over 300 clients with a specialist workforce of over 2,500 analysts and delivery experts across its global delivery network.

- We provide our clients with unique assistance not only to innovate, implement transformation programmes and increase operational efficiency, but also to manage costs and improve their top lines.

Our expertise includes the following :

- Investment Banking - origination and trading support

- Investment Research support - covering all asset classes in terms of ideation, data science, and research support across the buy side and sell side

- Commercial Lending support - across origination, credit assessment, underwriting, and covenant and portfolio risk for all lending types

- Private Equity - origination, valuation and portfolio monitoring support

- Asset Management services support - across marketing, investment research, portfolio management/optimisation, risk and compliance

- Corporate and Consulting services - market and strategic research; survey work; treasury and counterparty risk support; and CEO office support, including M&A, FP&A and investor relations support

Compliance support :

- AML analytics, KYC, counterparty credit risk modelling and servicing across banks, asset managers and corporates

- Data Science - web scraping, data structuring, analytics and visualisation. These services are supported by our proprietary suite of Business Excellence and Automation Tools (BEAT) that offer domain-specific contextual technology.

- These services are supported by our proprietary suite of Business Excellence and Automation Tools (BEAT) that offer domain-specific contextual technology.

- Acuity Knowledge Partners is assisted by Equistone Partners Europe, a leading private equity organisation that backs specialist growth businesses and management teams.

For further details, please visit our website: www.acuitykp.com

Job Purpose: 

- To conceptualize, design and implement various rewards programs and initiatives across all MAKS entities in all countries. Closely align with business leadership and HR function to provide rewards guidance and support.

- To smoothly run overseas HR operations

Key Responsibilities : 

Managerial Responsibilities : 

- Build & manage a team of compensation & benefits professionals who are engaged in daily rewards management & execution activities

- Performance management of the team

- Coaching & mentoring of team members for career development

Functional Responsibilities:

Total Rewards:

- Conceptualize, create and deploy Rewards programs for all MAKS.

- Review the effectiveness of existing Rewards programs, policies, guidelines and procedures and recommend plan revisions (and new plans) in order to provide innovative and competitive programs.

- Develops pay systems that are business competitive and enable management to focus on and reward individual and group performance

- Develop rewards / financial models and proposals to ascertain the impact of rewards programs

- Expertise in the design, development, implementation, and administration of all types of compensation and benefits programs

Performance Management :

- Benchmark the performance management practices of best-in-class organizations and provide inputs for fine-tuning overall performance management system and processes

- Drive timely implementation of the entire performance management cycle [assessment, moderation and finalizing promotions and increments] through timely sharing of performance data with respective Business/ Function heads for moderation

- Establish linkages of the performance management system with other HR systems such as career progression, compensation & increments and training and development

- Ensure that remuneration, bonus payouts and other incentives are clearly inked to individual/team performance

- Provide continuous communication to employees on performance management guidelines and principles

Market Benchmarking & Analysis:

- Identifying the comparator basket and benchmark positions for business

- Market Survey result analysis. Developing pay ranges for all benchmarked positions using the survey data and internal pay points

- Participating in annual benefit surveys to collect industry benchmarks

- C&B Operations

- Headcount and C&B Planning and forecasting

- Monitoring the efficacy of all incentive models.

- Salary fitment and recommendations for all open positions.

- Monthly Reporting of C&B Spends vs Plan for various lines of business and cost centers

- Monthly provisioning for all HR costs. Active Interface with Finance Controllership and payroll teams for payroll and statutory reconciliations

- Responsible for driving all stat audit payroll related queries to closure

Overseas HR Operations:

- Overseeing complete employee life of Sales employees based at US, UK and Hong Kong

- Managing employee benefits for Sales employees based at US, UK and Hong Kong

- Overseeing the mobility/immigration of employees relocated from one country to another

Job Requirements:

Qualifications : MBA HR

Experience : 8-10 Years of relevant work experience

Functional Competencies:

- Full time degree in MBA in HR is desirable

- Should have relevant C&B experience between 5-6 years

- The incumbent should have worked on designing and implementing rewards, organization design and change initiatives

- Must have excellent skills in MS-Office (Excel, PowerPoint, Word, etc.)

- Excellent oral and written communication skills

Behavioral Competencies:

- Result Orientation

- Competencies Networking & relationship building with internal &external stakeholders

- Analytical and problem solving skills

- Handling ambiguous and unforeseen circumstances