Performance and Reward Specialist

Job Description

Performance Management

• Reviews and advises Management team on effective approaches to implementing the Performance Management review
• Establishes Standard Operating Procedures (SOPs) & policy for Performance Management
• Deliver effective communications on Performance Management SOP and policy to the staff, ensuring that they understand how they will be evaluated
• Ensures effective management of the Performance Management cases; leads the analysis of documents, data, and other inputs from relevant sources, rules, policies, and precedents to handle the performance management cases properly and effectively; collaborates and coordinates with HR Business Partner to ensure standard approach
• Proactively engages with HR Business Partners and line managers in fostering good Performance Management across the organization and preventing performance management issues
• Continually research and incorporate HR best practice into the company performance management and evaluation systems

Reward:

• Design, Build and Implement Total rewards processes, policies, programs in alignment with Business and HR strategy
• Collaborate with the Compensation Benefit team to develop framework for implementing enhanced Incentive systems
• Compare remuneration & benefits with other comparable organizations (benchmarking)
• Conduct salary studies to support recommendations on compensation structure that aligns to the market/industry range and meets the budget
• Design benefits, including health and wellness programmes that would meet the needs of the staffs and the company budget

Qualifications

• Bachelor's or Master's degree in HR Management or a related field
• At least seven years of progressively responsible professional experience in human resources management or related functions
• Proven experience as an Performance Management role
• Experience in compensation and rewards management, preferably within the financial services industry
• Strong knowledge of compensation principles, market trends, regulatory requirements, and best practices
• Experience in dealing with confidential issues and/or complex/sensitive cases relating to performance management & remunerations as well as in leading performance management & reward initiatives
• Ability to work with ambiguity and coordinate across diverse teams and leaders
• Mature, resilient, with strong people relating skills and empathy; focused on solutions; communicates effectively to various audiences
• Strong excel and skills for data analysis
• Excellent analytical and problem-solving abilities
• Effective communication and collaboration skills to work with HR and cross-functional teams
• Proactive mindset and ability to thrive in a fast-paced environment