Assistant Vice President Performance and Reward Consultant
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Some careers have more impact than others.
Ifyourelooking for a career where you can make a real impression join HSBC and discover how valuedyoullbe.
HSBC is one of the largest banking and financial services organizations in the world with operations in 62 countries and territories. We aim to be where the growth is enabling businesses to thrive and economies to prosper and ultimately helpingpeople to fulfil their hopes and realize their ambitions.
We are currentlyseekingan experienced professional to join our team in the role ofAssistant Vice President - Performance and Reward Consultant.
Purpose of the role
ThePerformance and RewardConsultantwill drive the design implementation and continuous improvement of HSBCs benefits and rewardprogrammes. The role holder plays a pivotal part in shaping new-age benefitsreviewingand updating existing policies and ensuring our offeringsremaincompetitive compliant and role holder will cover dual accountability of P&R relationship management and leading functional work-streams.
In this role you will:
Be a strategic reward partner extending strategic support in ideation design and launch of innovative benefits and reward initiatives ensuring alignment with business needs and market trends.
Conduct regular reviews and benchmarking of existing benefit and reward policies making recommendations for enhancements or new offerings.
Prepare cost-benefit analyses and business cases for proposed changes ensuringprogrammesare effective and sustainable.
Act as a strategic partner to HR Business Partners and business leadersprovidingexpert advice on benefits and reward mattersBuild andmaintainstrong relationships across a complex matrixedorganisation ensuring alignment and buy-in for key initiatives.
Manage relationships with external vendors and market data providers ensuring high-quality service delivery and value for money.
Lead vendor selection contract negotiation and ongoing performance reviews to support benefit and rewardprogrammeobjectives.
Stay abreast of legislative and regulatory developmentsimpactingbenefits and rewardprogrammes.
Support the creation and implementation of new benefit policies including digital health flexible benefits and wellbeing anchors
To be successful you will:
Strong understanding of reward and benefit legislation statutory requirements and market trends.
Experience in benefit and rewardprogrammedesign policy review and vendor management.
Excellent stakeholder management and relationship-building skills in a matrixed environment.
Strong analytical research and problem-solving abilities.
High regard for confidentiality and discretion.
Ability to work independently and manage multiple priorities in a high-volume environment.
Strong consulting customer service andorganisationalskills with the ability to navigate through complex matrixorganisations.
Youllachieve more at HSBC
is an equal opportunity employer committed to building a culture where all employees are valuedrespectedand opinions count. We take pride in providing a workplace that fosters continuous professional development flexible workingandopportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of but not limited to their gender or genetic information sexual orientation ethnicity religion social status medical care leave requirements political affiliation people with disabilities color national origin veteran status etc. We consider all applications based on merit and suitability to the role.
Personal data held by the Bank relating to employment applications will be usedin accordance withour Privacy Statement which is available on our website.
***Issued By HSBC Electronic Data Processing (India)PrivateLTD***
Required Experience:
Exec
Key Skills
About Company
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.
