AVP - HR/Total Rewards - BFSI

Principal Accountabilities

- Provide guidance, constructive challenge and technical knowledge on the full spectrum of P&R matters

- Interpret and advise on P&R policies and provide expert guidance on all elements of P&R. Where necessary, liaise with specialist colleagues to seek input on complex matters involving benefits, executive compensation, global mobility, deferred reward and wellbeing

- Support the annual performance and pay review for the relevant client group

- Work with P&R colleagues to ensure the successful implementation of P&R initiatives, processes and products in line with business objectives

- Maintain specialist knowledge by keeping abreast of internal policies, competitor practice, external market developments and trends, and legislative and regulatory developments

- Translate data and reporting into analysis by interpreting the data and providing insights

Key challenges

- The role holder is guided by local laws/regulations in the jurisdictions in which he/she operates

- Factoring all relevant labour, taxation, political and cultural issues into P&R recommendations

- The changing regulatory requirements relating to compensation, finding the balance between market pressures and commercial considerations

- Effectively managing stakeholders and ensuring appropriate alignment between local and global practices and requirements

Qualifications & Experience required:

- Master's Degree in Human Resource

- 5-6 years of required and demonstrated HR experience/ responsibility in managing Reward and Benefits

- Good working knowledge and understanding of current benefit legislation and statutory requirements for one or more countries

Additional skills:

- Strong collaboration skills with the ability to engage a diverse stakeholder group, including senior populations

- Extensive knowledge of financial services performance and reward practices in global organizations

- Highly proactive, ability to work in a matrix environment and support counterparts in global, regional and country teams

- Strong track record of analytical skills, ability to interpret and to draw insights from data and present effectively to stakeholders

- Strong business acumen with ability to apply critical analysis and judgment when reviewing activities

- Knowledge of legal and regulatory environment