Job Description

The AVP / VP - Total Rewards will oversee the development, implementation, and management of compensation and benefits programs within the financial services industry. This role is based in Mumbai and requires strong expertise in total rewards strategies. Strong preference for immediately available candidates or candidates with a shorter notice period.
1. Anchor the end to end year end performance appraisal process management
2. Manage the post appraisal PIP Process
3. Facilitate timely Compensation Benchmarking through vendor partner
4. Facilitate Benefits Benchmarking
5. Enable introduction of industry prevalent benefits post approval processing
6. Manage Benefits administration - Insurance renewals, policies revamp, employee health and wellness programmes
7. Policy formulation, approval processing and post approval implementation
8. Anchor HR procedure manual updating
9. Job Evaluation - support the regional initiative and build in house capability on the same
10.JDs collation
11.Enable periodic review and update of JDs by the line managers 12.Anchor A&A collation
13.Facilitate A&A updating subsequent to promotions and transfers
Opportunity to make a significant impact.Strategic role focussed on total rewards.
A successful AVP / VP - Total Rewards should have:

• A strong educational background in Human Resources, Business Administration, or a related field.
• Proven expertise in compensation and benefits management within the financial services industry / Consulting industry
• Knowledge of regulatory and compliance frameworks related to total rewards.
• Proficiency in data analytics and market benchmarking tools.
• Ability to collaborate effectively with cross-functional teams.
• Excellent problem-solving and decision-making skills.
• Strong organisational and communication abilities.

The hiring organisation is part of the banking industry.

• Competitive salary package.
• Comprehensive benefits and rewards program.
• Opportunity to work with a large organisation in the financial services industry.
• Exposure to a professional and well-structured work environment in Mumbai.

If you are ready to take the next step in your career, apply now to join a leading player in the financial services sector.

Skills Required