Job Description

The C&B Partner will be responsible for driving and managing the

reward agenda

for designated business verticals of the Bank. Acting as the central point of contact for all compensation and benefits matters, the role will focus on aligning reward programs with business objectives, ensuring internal equity, external competitiveness, and compliance with regulatory guidelines. The role will also play a key part in job evaluation, salary fitments, reward analytics, and performance-linked pay design to support talent attraction, retention, and motivation.

Key Responsibilities

1. Reward Strategy & Business Partnership

Partner with business leaders and HR Business Partners to design and implement reward solutions aligned with business strategy. Act as a trusted advisor on compensation and benefits matters for assigned business verticals. Ensure reward practices drive employee performance, engagement, and retention.

2. Compensation Management

Manage annual compensation planning cycles including salary reviews, promotions, and bonus processes. Conduct job evaluations using standard methodologies (e.g., Mercer, Hay) and ensure proper job leveling across functions. Provide recommendations on salary fitments for new hires, role changes, and internal transfers. Benchmark compensation structures against market practices and recommend competitive positioning.

3. Performance-Linked Pay & Incentive Design

Support the design and implementation of performance-linked pay programs. Partner with business leaders to structure incentive plans aligned with performance and regulatory requirements. Monitor effectiveness of pay-for-performance frameworks and recommend improvements.

4. Reward Analytics & Insights

Deliver data-driven insights through compensation analytics, dashboards, and reports for leadership decision-making. Conduct internal equity analysis and ensure compliance with pay parity and regulatory guidelines. Monitor reward cost implications and contribute to workforce budgeting exercises.

5. Governance & Compliance

Ensure all compensation practices comply with internal governance standards and external regulatory requirements. Support audits, compliance checks, and reporting requirements for compensation. Maintain accurate documentation of job evaluations, pay decisions, and incentive structures.

Qualifications & Experience

MBA/PGDM in HR, or equivalent professional qualification. 3-8 years of progressive HR experience with a strong focus on Compensation & Benefits. Prior experience in the

banking/financial services sector

or large multinational organizations preferred. Strong understanding of job evaluation methodologies, compensation surveys, and market benchmarking. Proficiency in HR systems, data analytics, and advanced Excel/Power BI skills.

Major Stakeholders

(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties) (examples listed below)


Corp HR BP

TA Partners

* Business Heads / Function Heads/ Group Heads