Benefits Design Consultant (AME)

Job description / Role

Working closely with the Group Pensions & Benefits (P&B) team, and in conjunction with the Global Benefits Design Lead, in this project role you will be focused on the re-design of benefits for our employees and introduction of greater of choice across the Bank's larger markets. This "Global Benefits Transformation" project is intended to align practice with the Bank's recently-established Global Benefits Principles. The project is anticipated to run over a period of three and a half years, and the role will therefore be for the period up to mid-2021.

It is anticipated that this role will be based in the United Arab Emirates, as the regional headquarters for Africa & Middle East.

Key Roles and Responsibilities

For designated markets, with a particular focus on (but not necessarily restricted to) the Africa & Middle East region:

* Working with local and Group stakeholders including management, P&B team members, PRB (Performance, Reward and Benefits) advisory colleagues, service delivery (locally and in Global Business Services support in Chennai), employee relations and legal, to manage the review of benefit structures locally in line with the design principles and template for designated markets. Primary responsibility for the development of the refreshed benefits will remain at the local/regional level;
* To work with the Head, Pensions & Benefits, Global Benefits Design Lead, other Global Benefits Design Consultants and P&B team members in the continued development of global benefit design principles and approaches for the purposes of consistency;
* To manage the support of consultants and third parties, including linking in with the technology vendor to ensure that refreshed benefits can be successfully delivered online;
* To work with local colleagues in order establish the basis for agreement to the new structure of benefits;
* To manage the calculation of grandfathered values of benefits;
* To manage the timetable of benefit re-design within the overall requirements of the Benefits Transformation project;
* To liaise closely with the Benefits Transformation Project Manager in establishing the sequencing of work across the countries;
* To maintain a good knowledge of benefit offerings and new trends and developments in benefit design and governance for the countries in which the Bank operates.

Requirements

* Knowledge and experience across the full range of pensions and benefits (defined as non-cash/shares elements of reward);
* A professional qualification, e.g. actuarial or similar, is preferred;
* Technical knowledge of insurance and captive arrangements is an advantage but not essential;
* An understanding of the diversity of pensions and benefits legislation, custom and practice across the countries in which the Group operates;
* Experience of best practice within major multinational companies;
* The ability and experience to win the confidence of senior management throughout the world;
* Communication skills to articulate complex issues simply and comprehensibly;
* The ability to develop and maintain personal relationships with staff of all nationalities through the Group;
* The ability to work independently; identifying and prioritising key issues then managing them through to a conclusion;
* Strong experience of project management and delivery;
* Focus on high standards, quality and high attention to detail;
* A willingness to travel in order to participate in local meetings.

Closing Dates

The closing date for applications is 11/12/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.