Head of Global Compensation & Benefits-Hybrid - BGC - Up to 230K

We are looking for Head of Global Compensation & Benefits for our client located in BGC

Salary: Up to 230K

Set-up: Hybrid

Shift: Flexible/Shifting Schedule

Purpose:

The Head of Compensation & Benefits for the Global Delivery Unit is a dynamic role that involves collaborating with Corporate HR and HR leaders to provide expertise on Rewards policies and programs. The role includes working on various global Rewards cycle activities and projects, with the goal of enhancing the service provided by the Rewards Team. The position requires close collaboration with the HRBP for the Global Delivery Unit, International Reward Lead and Corporate Reward Lead to align all Rewards programs with the Company's Rewards Philosophy. As Head of Compensation & Benefit, you will be responsible for the entire Compensation & Benefits process, including policy development/alignment, annual benchmarking, pay review processes and HR team training within the Global Delivery Unit. The role also involves advising the HR team on all Compensation & Benefits issues, with support from a reward team. The position also entails support on developing, refining, and maintaining global Executive Compensation programs and policies to promote global consistency and efficiency. This is a demanding role that requires the ability to work under pressure, is open to drive and manage change and competing demands and maintain high attention to detail

Scope:

The Head of Compensation & Benefit GDU scope covers leading the India Payroll Team, Managing Pay Review and Benefit programs/processes, driving policy alignment across each location to ensure global standards across the Global Deliver Unit.

Key Objectives:

• Provide compensation leadership on a variety of compensation program design and implementation, year-end and year-round compensation planning.
• Partner with business unit leaders, HRBP and broader Total Rewards teams to develop and deploy total rewards solutions that drive outcomes for the business and are linked to client's overall Total Compensation strategy/philosophy.
• Provide proactive and strategic business support understanding key business challenges and opportunities and proactively providing solutions to enable company to achieve their growth objectives.
• Educate HR and Business Leaders on Compensation programs and build a strong team of Compensation business partners to help the business achieve its objectives and improve the Total Reward Talent pipeline. Undertakes related global and international compensation project work in partnership with the global / international Compensation function.
• Lead compensation workstream for any projects and contribute to other strategic compensation projects.
• Carries out complex initiatives involving multiple disciplines and/or ambiguous issues and displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.

• Use data, analytics, and internal/external insights to develop solutions that help drive business results. Oversee the participation in various compensation surveys and the management of the market data process, including job matching and data analysis. Monitor salary levels and market positioning throughout year.
• Provides input to the departments budget, expense management and makes staffing decisions including salary and incentive recommendations.
• Annual Review Cycle: Lead the Compensation team to manage and implement the Annual Review Cycle (ARC) for the region.
• Provide guidance to Business Unit Leaders, HR Managers and (S)HR Business
• Partners/Advisors on salary and incentive proposals. This includes providing oversight on the management of the annual compensation cycle for regulated roles.
• Provide guidance and recommendations to business units regarding incentive allocation and monitor application of incentive model.
• Regulatory Compensation: Keep abreast of changes to regulatory legislation impacting compensation practices in Financial Services and propose solutions for implementation in company.
• Prepare and present materials for senior leadership team, governance groups and global Compensation Committees.
• In partnership with other HR COEs, ensure processes, performance documents (where applicable) and contracts are aligned with the regulatory expectations. Ensuring governance is
  in place and monitored.

People

• Ensure and drive high engagement of our people
• Ensure a highly skilled team now and in future aligned with our corporate people strategy
• Develop and implement training plans to ensure that the Reward function has the right skill, now and in future
• Implement effective Performance Management

Qualifications:

• We seek a leader who brings a comprehensive background in Compensation & Benefits, managing total reward on a global scale in a services organization (10 years +).
• Experience of managing teams (onsite/hybrid) is a must with the ability to effectively work in global matrixed organization.

• Brings a deep understanding and knowledge on how to manage Global Reward processes with SuccessFactors. Ability to interpret and apply regulatory legislation to applicable Compensation policies and procedures.

• Strong leadership skills to lead and manage a team of Reward & Payroll Specialists, providing guidance, coaching, and support to ensure the team is equipped with the necessary skills, knowledge, and empowerment to deliver high-quality services to customers.
• Great at building relationships with key stakeholders based on mutual respect and trust.
• Highly effective when working within a matrix. Excellent communication, presentation and collaboration skills are essential.
• Obsessive about Reward Topics within a diverse customer base and a naturally inquisitive and proactive person, asking insightful questions to obtain early identification of opportunities, risks, and innovative thinking. Aware of the latest developments in Reward, such as Skill based Reward Systems.
• Demonstrates the ability to analyze complex problems, creativity, and innovation in applying solutions for the benefit of the customer/stakeholder.
  Able to achieve outcomes by exercising influence through use of knowledge and experience. 
• Able to manage projects and change effectively and ensure that projects are
  implemented smoothly, without disrupting service delivery and client satisfaction, on time and within budget.
• Value the Diversity of our people and locations, demonstrating cultural empathy and the ability to build and live a « customer centric » culture based on our Way and value set.