HSBC Group

Open positions:1

Global Career Band: 5IC

Why join us?

HR P&R is a team delivering performance and reward initiatives and projects, to support and excuite related business strategy. Also HR P&R will manage performance and reward related policy, provide SME advisory to support business/HR for related initiatives.  

The Opportunity:

This covers a range of P&R activities including reward, performance management, executive compensation, deferred reward, global mobility, employee benefits and wellbeing to support the Bank’s strategic objectives and business priorities.

What you’ll do:

• Provide P&R advice and support in support of the delivery of the HSBC China entities Strategic Business Objective/Country Strategic Plan.

• Project manage P&R initiatives to support HSBC China entities priorities.

• Lead the implementation of P&R initiatives supporting HSBC China entities. Examples include the creation of global objectives, managing recognition programmes, undertaking Job evaluation and reviews of Material Risk Takers.

• Lead coordination of the annual pay review for HSBC China entities, which would typically involve supporting the variable pay pool allocation (e.g. Guideline Variable Pay modelling, determining the Junior Resource Pool grid), providing support materials for business engagement, supporting performance calibration, country Incentivizing Compliance reviews and providing quality assurance of pay review outcomes. Guidance should balance group P&R requirements with HSBC China entities requirements.

• Assess the effectiveness of policies and processes and pro-actively recommend new and innovative approaches and solutions.

• Lead on market benchmarking activities across the HSBC China entities and provide expertise to review and interpret the results and to summarize key market trends for stakeholders in P&R, HR and the business.

• Produce documentation to support the understanding, interpretation or implementation of P&R activities within the business, including specialist activities as necessary.

• Provide expert guidance on requests for information on P&R policies, processes and procedures. This may include responses to audit findings or input into broader business initiatives which overlap with P&R areas of responsibility.

• Provide oversight of reward analytics outputs to ensure consistent, quality and relevant deliverables are provided to senior audiences.

• Maintain specialist knowledge by keeping abreast of published materials, competitor practice, external market developments and trends and legislative and regulatory developments.

What you will need to succeed in the role:

• Stakeholder management and influencing skills with the ability to engage a diverse stakeholder group, including senior populations.

• Strong knowledge of financial services performance and reward practices in global organizations.

• Strong business acumen with an ability to link business strategy to people practices; ability to apply critical analysis and judgment when reviewing activities.

• Ability to work in a matrix environment and influence counterparts in global, regional and country teams.

• Proven track record of successful implementation of performance and reward initiatives.

• Knowledge of local legal and regulatory environment.

What additional skills will be good to have?

• Ability and willingness to contribute to the broader team and work as an effective team member.

Please refer the Candidate User Guide in the below link to understand your own journey as a candidate.

https://hsbchrdirect.service-now.com/esc?id=kb_article&table=kb_knowledge&sysparm_article=KB0184596&sys_kb_id=712b5f041b1f82908d3a0fe7ec4bcbd6

You’ll achieve more at HSBC

HSBC is an equal opportunity employer 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. 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 used in accordance with our Privacy Statement, which is available on our website.

***Issued by HSBC Electronic Data Processing (Guangdong) Ltd. GSC China***

(* The information contained in this job description is a true and accurate reflection of the job as specified.)