HSBC Group

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Business: Human Resources

Role Title: Vice President- Performance and Reward Consultant (00767992)

Global Career Band: 5

Location: Mumbai

Why join us?

• Performance & Reward team is responsible for supporting the Performance & Rewards strategy by providing expert advice and guidance on development, implementation, and review in the areas of Performance management, Rewards, and Benefits.

The Opportunity:

• The incumbent will be responsible for working with the Heads of P&R in supporting the delivery of the performance and reward (P&R) strategic priorities and managing the overall P&R agenda for their client groups to enable business performance.
• This includes providing expertise and strategic guidance on reward, performance management, executive compensation, deferred reward, global mobility, employee benefits and wellbeing to support the Bank’s strategic objectives and local business priorities.

What you’ll do:

• Provide guidance, constructive challenge and technical knowledge on the full spectrum of P&R matters
• Interpret and advise on P&R policies and provide expert guidance on all elements of P&R. Where necessary, liaise with specialist colleagues to seek input on complex matters involving benefits, executive compensation, global mobility, deferred reward and wellbeing
• Participates in reviewing, formulating and designing proposals for reward and benefits policies, job evaluation, market benchmarking activities and performance related incentives and programs
• Support the annual performance and pay review for the relevant client group
• Work with internal colleagues and vendors and suppliers to ensure the successful implementation of P&R initiatives, processes and products in line with business objectives
• Maintain specialist knowledge by keeping abreast of internal policies, competitor practice, external market developments and trends, and legislative and regulatory developments
• Translate data and reporting into analysis by interpreting the data and providing insights

Qualifications 

• Post graduate degree in Business Administration.
• At least 2-3 years of prior experience in Reward/ Benefits and Human Resources.

What you will need to succeed in the role:

• The role holder is guided by local laws/regulations in the jurisdictions in which he/she operates
• Factoring all relevant labour, taxation, political and cultural issues into P&R recommendations
• The changing regulatory requirements relating to compensation, finding the balance between market pressures and commercial considerations.
• Effectively managing stakeholders and ensuring appropriate alignment between local and global practices and requirements

What additional skills will be good to have?

• Strong collaboration skills with the ability to engage a diverse stakeholder group, including senior populations
• Extensive knowledge of financial services performance and reward practices in global organizations
• Highly proactive, ability to work in a matrix environment and support counterparts in global, regional and country teams
• Strong track record of analytical skills, ability to interpret and to draw insights from data and present effectively to stakeholders
• Strong business acumen with ability to apply critical analysis and judgment when reviewing activities
• Knowledge of legal and regulatory environment   

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India