Job closed
Ref: HP048-1474
Job description / Role
The Role Responsibilities
- Provide expertise in regional / business reward issues and act as an adviser to the business and country / Regional HR in these areas.
- Evaluate the performance and effectiveness of Reward & Benefits policies and processes in terms of meeting business and people requirements in the region.
- Design and coordinate regional specific policies, processes and documentation to maintain alignment with the current and future Group HR and business strategy. Lead regional approach to annual compensation reviews.
- Partner with the Retail team in designing and advising the Frontline Incentive Plan ("FLIP"); Provide guidance on FLIP rules and lead on the HR governance of the FLIP.
- Partner with Country Service Delivery in the negotiation and recommendation of Service Level Agreements through the region with the Bank's external reward and benefits vendors (e.g. Remuneration survey vendors, benefits consultants, insurance providers) to secure service and agree budgets.
- Establish and maintain relationships with key stakeholders (at Group, Regional and country level) in order to ensure their engagement and sponsorship of the Bank's reward philosophy, meet regional and business specific product needs and to provide support across the regions.
- Promote the use of market survey data in region and obtain market intelligence
- Lead reward integration activities in the region where applicable
- Ensure that all reward related policies, procedures and practices in countries comply with local regulatory requirements, reflect best practice and are within Group directions.
- Provide guidance to TA for complex and or senior hires including guidance on share buyouts.
- Manage the Performance Management and Compensation Review process within the region. Manage Reward analytical support and deliver business as usual compensation support flawlessly.
Requirements
Our Ideal Candidate
- A professional or relevant post graduate management qualification is essential.
- Although not mandatory, GRP/CCP/CIPD will be an advantage
- At least 8 years experience, majority of it focusing on Reward in an Advisory capacity.
- Strong interpersonal skills, influencing.
- High level of analytical ability.
- Commercially, culturally and diversity aware, high sensitivity to the social, economic and political environment.
- Knowledge of banking business/financial services industry is a distinct advantage.
- Highly customer focused, as it demands in a service industry.
- Strong leadership skills.
Apply now to join the Bank for those with big career ambitions.
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.