VP Compensation & Benefits

Kelly Services
  • Mumbai
  • 30-40 lakh
  • 12-15 years
  • 208 Views
  • 07 Sep 2015
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  • HR/ Human Resources

  • Banking - Retail
Job Description

Role :

- Provide coverage for the India GSC on compensation & Benefits for the Investment Bank (banking, markets, finance, risk, operations & technology), Asset Management & Commercial Bank

- Manage the year end salary planning and execution for the Investment Bank, Asset Management, Commercial Bank, GKN and Technology in India including the IB mid-year analyst program

- Recommend campus salary grids for the program analysts & associates

- Work with the Head C&B and Head HR, LOB Heads & Senior Business Heads in an advisory role on compensation & benefits related practices

- Manage the India market compensation survey by partnering with vendors

- Gather market intelligence and recommend salary benchmarks

- Part of global project teams with the bank working on various HR process & system enhancements

Competencies :

- Understanding of the firm-wide systems & procedures including CompConnect, SharePoint, Business Objects and other year-end related processes

- Understanding the diversity of the prevalent roles in the Investment Bank - Front Office and Off-shore set-ups including technology hubs.

- Have a strong grounding with Compensation Practices.

- Should have a sound understanding of the ITeS (KPO / BPO) & Banking Sectors.

- Should have a strong network with market (external) competitors.

- Should Built strong credibility with the Regional and Global C&B teams

Stakeholders :

- Build a strong and credible relationship with HR stakeholders (Head C&B, Head HR, Sr. Business Partners)

- Build a strong and credible relationship with the Clients ( IB T&O, IB F&BM, IB Risk, IB Research, Asset Management, Commercial Banking, GKN, and Technology)

- Build a strong and credible relationship with the Regional and Global C&B Teams

- Build credibility with the other stakeholders in the location

- Partner with AonHewitt and other consulting service providers to form a strong alliance to meet our survey and market

- Data requirements

Qualification :

- MBA from a Top Tier Business School with 12-14 years of experience

- Preferably a Master in Human Resources


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Kelly Services