Assistant Manager - Compensation & Benefits - BFSI

Job Summary: Assistant Manager - Compensation & Benefits

Function - Human Resources

Industry - Financial Services

Location - Mumbai

About Our Client:

Our Client is the largest independent mortgage loan servicer in the United States and the fifth largest overall mortgage servicer. It is widely recognized in government, industry, community and media circles as a leader in foreclosure prevention, mainly through loan modifications. Over the past few years, our client has enjoyed significant growth in its loan servicing portfolio and market capitalization, largely as a result of successfully integrating servicing platforms acquired from large financial institutions. As a leader in loan modifications, Our Client strives to help struggling families meet their financial responsibilities, get back on track, and stay in their homes as well as help them address the concerns and complex questions they have about their home and mortgage.

Job Designation: Assistant Manager - Compensation & Benefits

Number of Position(s): 01

Qualification: MBA - Human Resources

Experience: 2 to 5

Job Responsibilities:

- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, and annual incentive pay.

- Make guidelines for incentive payouts and variable pay

- To work on compensation philosophies, compensation strategies and compensation policies for the organization.

- Complete employee salary and benefits planning, designing, structuring and implementation exercises.

- Compensation and benefits benchmarking surveys. Collation & analysis of study reports, Annual increment and reward proposals and

- Implementation of annual salary revision exercises.

- To introduce different salary and reward programs like flexible benefits plan and performance-based variable pay plans

- In charge for annual planning, forecasting and budgeting exercises for all direct costs for employees (salary and benefits, annual increments, incentives, rewards and awards programs) and also all indirect manpower related expenses.

- Identifying, intervening and initiating different employee and overhead expenses savings opportunities as a part of companies cost reduction programs to add to their bottom lines and hence increase profitability.

- Closely Working with Compensation and Benefits consultants in India.

Skills/Expertise:

- Analytical/logical ability and a solution selling approach

- Flair for engaging with people and developing relationships and ability to work in diverse teams

- Comfortable with working in rotating shifts (mid/evening shifts)

If interested kindly revert with following details at:

Experience:
Current CTC:
Notice Period:

Name: Shilpa Nair
Phone: 8879252777 / 022 25476846