Job Description

Role Responsibilities

The role will be instrumental in gaining a deeper understanding of the PRB products in relation to the group policy, regional context and internal stakeholders and thereby deliver consistent, fair and transparent outputs, which will enable the HR unit make appropriate decisions at the right time. The role will be positioned to drive collaborative solutions across the PRB delivery chain and enable the delivery team act and communicate with \xe2\x80\x9cone voice\xe2\x80\x9d that ensure all our processes, initiatives, solutions are integrated and appropriate for the stakeholders.

With the end-to-end delivery and approval process in mind, the role will also take an active part in solutioning any product changes across the delivery chain in consultation with relevant specialist teams.

• Where appropriate and stakeholder relationships may rest with other PRB colleagues, ensure that the knowledge / outcome of these relationships are captured and communicated appropriately within PRB. Be the product lead
• Challenge the status quo with intellectual curiosity and personal courage, to promote ideation and creative thinking
• Promptly escalate any potential issues, such as, but not limited to, implementation challenges, project delays, risks, feedback and material deviation from approved scope to Head, Performance, Reward and Benefits, India & South Asia

Responsibilities

Strategy

• Develop expertise in all performance, reward and benefits (\xe2\x80\x9cPRB\xe2\x80\x9d) issues, acting as a trusted adviser.
• Provide advice on compensation matters, including structuring packages, reviewing new hires, changes to existing employees\xe2\x80\x99 contracts, developing high remuneration recruit proposals, mobility taxation and share buy-outs.
• Participate in the development of PRB products Group-wide, coordinating and championing activities within the respective markets and providing feedback into the design of PRB products as they relate to the relevant country teams and client groups.
• Develop and implement targeted interventions in relation to fair pay and wellbeing.
• Review and implement country specific benefits, in consultation with the global Pensions and Benefits team to maintain alignment to internal benefit standards and competitiveness in the market.
• Work with key stakeholders on remuneration related matters

Processes

• Collaborate with PRB product teams to achieve excellence in the implementation of PRB products and policies across businesses and functions, seeking to improve understanding to drive business performance and employee motivation.
• Manage year end performance and pay review processes from the perspective of the region, in line with Group guidelines.
• Participate in compensation and benefit market surveys, analyse results and make appropriate recommendations to ensure market competitiveness.
• Prepare, review and maintain salary ranges for specific job facilities.
• Collaborate with all PRB specialists on market pricing to increase the level of consistency across markets, reduce vendor costs and generally ensure data is used in an impactful manner.
• Manage, evaluate and improve effectiveness of all HR products, plans and processes.
• Identify opportunities to improve efficiency of PRB by technology enhancements, migration to the PRB delivery or operations teams or process improvements.
• Monitor the performance and effectiveness of reward policies, programmes and processes in achieving business needs.

Risk Management

• Provide support with ensuring operational risk and compliance requirements related to PRB advisory are met.

Governance

• Provide support on the analysis of reward-related regulation and legislation, reviewing alignment to internal practices.
• Support decision-making and regulatory discussion on the effective risk adjustment of remuneration.
• Draft papers and provide advice to enable reward governance committees and forums to effectively perform their duties. This includes:
• Local board/Remco
• Structured Incentives forums etc

Regulatory & Business Conduct *

• Display exemplary conduct and live by the

. * Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders*

• \xe2\x80\xa2 Country CEOs and CMT (upto MT-2 level) as per HR TOM

• Country HR Heads, HR Business Partners
• Global PRB teams
• Specialist Delivery Teams

Qualifications

Training, licenses, memberships and certifications

• A minimum of 6 \xe2\x80\x93 8 years of experience in Human resources with atleast 3 - 4 years focused on compensation and benefits
• Experience in the BFSI sector either directly or as a consultant would be preferred
• Strong analytical skills with strategic thinking and great attention to details
• Strong planning, organization and time management skills
• Strong relationship management skills
• Good project management and presentation skills
• Ability to manage various deliverables under tight deadlines
• Strong communication skills, self-starter, motivated, team player with good interpersonal skills to deal with all levels
• Highly proficient in MS Office, including Excel, Word, and PowerPoint

Our Ideal Candidate

• Compensation Management
• Effective Communications
• HR Legal and Regulatory Environment
• HR: Policies, Standards and Procedures
• Human Resources Consulting
• Human Resources Policies, Strategies and Environment
• Incentive Programs

Performance Management
Relationship Management * Salary Planning

About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:

\xc2\xb7 Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

\xc2\xb7 Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

\xc2\xb7 Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

\xc2\xb7 Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations

\xc2\xb7 Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum

\xc2\xb7 Flexible working options based around home and office locations, with flexible working patterns

\xc2\xb7 Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

\xc2\xb7 A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning

\xc2\xb7 Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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