Reward Partner, VP

apartmentNatWest placeChennai calendar_month 

Job Description

Join us as a Reward Partner
  • nWe'll look to you to provide subject matter expertise and act as the primary reward contact for senior employees
  • nYou'll be leading aspects of the reward strategy and approach for the bank and delivering associated products and change projects
  • nYou'll contribute to the delivery of our reward agenda, and act as a champion for our products
  • nWe're offering this role at vice president level

nWhat you'll do

nAs a Reward Partner, you'll be supporting and advising on appropriate pay constructs, exit packages, annual pay review and bonus process, remuneration design, policy guidance and reward benchmarking. We'll look to you to apply and design frameworks and compensation constructs for your designated business area, responding to regulatory changes, business strategy and business cost management.

nYou'll also be:

  • nTaking responsibility for the delivery and stakeholder management for all year end activity, acting as the primary business contact and collaborating to deliver pay effectively and efficiently
  • nLeading, developing and coaching resources assigned to deliver projects
  • nSupporting with the delivery of reward and business-wide projects, spanning both core and non-core areas of the bank
  • nProviding the executive committee and function heads with expert diagnostics, insights and challenges regarding compensation for enhanced governance
  • nEffectively deploying resources and securing resources from the consultancy pool to support with projects and services

nThe skills you'll need

nWe're looking for someone with expert knowledge of compensation, regulatory reward and governance practices and application, including those which relate to executive compensation. You'll also need excellent coaching and communication skills.

nAdditionally, you'll need:

  • nExperience of the banking industry, regulatory and commercial environment
  • nReasonable knowledge of and experience applying HR theories, models and best practicesn
  • Significant experience of operational and financial planning
  • nKnowledge of relevant legal policies, regulations and risk management
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