Description
We are seeking a Rewards Manager to lead the Reward & Services team, implementing and managing rewards programmes and processes that align with Group strategy.
Job Summary Acts as the subject matter expert related to direct rewards activities and be accountable for implementing and managing all rewards programmes and processes that aligns with Group strategy to achieve business objectives. Acts as the Team Lead to manage the Reward & Services team, ensuring that all HR rewards and services operations are executed efficiently.
Key Responsibilities
- Oversee the development, implementation, and management of comprehensive compensation and benefits programs, systems management, and reporting functions within the HR function.
- Drive implementation of strategic and tactical reward initiatives that adhere to the Group reward policies and procedures.
- Manage, deliver and implement competitive direct rewards, employee incentive and Group incentive programmes that are in compliance with country specific legal requirements.
- Plan, manage and facilitate annual salary structure and compensation review by regular benchmarking exercises, market analyses and other cost modelling.
- Monitor and review local Operations processes and proactively drive process streamlining, efficiencies and cost savings/optimization where possible.
- Provide advisory and operations governance of HR processes including payroll/benefits, relevant teams and third-party vendors, adherence to risk and control requirements and reporting timelines.
- Ensure governance of benefit costs/ policies and overview support during benefits audits, cost reconciliation, annual certification and other exercises.
- Vendor management and governance with key benefits and wellbeing vendors.
- Active participation and coordination of internal and external audit reviews, as well as related projects.
- Ad-hoc rewards projects as assigned
Job Requirement
- Degree holder or above in Human Resources Management or related discipline
- 12 years’ related working experience with at least 5 years in managerial position, preferably in banking industry.
- Well-versed in HK Employment Ordinance and other HR related regulations.
- Familiar with Rewards and HR Operations in banking / financial sector.
- Good communication and interpersonal skills.
- Strong analytical and problem-solving skills.
- Proficiency in both spoken and written English and Chinese