Specialist, Remuneration, People & Culture, Group Functions

To provide credible and effective advice to drive the remuneration proposition for Business Unit's People Strategy. Provide best practice research and understanding of the competitive markets and industry practices. This role advises the Business Unit on all remuneration related matters.

Minimum qualifications

Minimum of a Business Commerce / Social Science degree

In addition, must be a Certified Global Remuneration Professional (GRP), World at Work

Experience required

• Minimum of 5-7 years experience in designing and implementing remuneration solutions and frameworks, preferably with an international footprint in a Finance Services organisation, with experience been gained in providing specialist consulting advice in a medium or large organisation or working for a specialist reward consulting organisation.
• Prior experience with benchmarking remuneration policies and practices to ensure market competitiveness for the Business Unit, while ensuring that there is alignment to Group imperatives.
• Ability to use the outputs of benchmarking to inform recommendations made to the business to ensure market competitiveness for the area of responsibility.
• Apply remuneration best practice and latest developments, as well as changes to relevant laws and statutory regulations to ensure that reward policies, processes and procedures align and remain compliant.
• Promote the Reward Governance Framework (Remco delegated authority levels), Remco standardised reporting for the year-end review process and any other ad hoc reports to ensure that there is consistency in the manner that reward data is presented.
• Advise on remuneration recommendations to ensure that they are in-line with the relevant policies and frameworks. Manage the provision for the development, maintenance, amendment, and discontinuation of People & Culture Reward related policies.
• Provide proactive technical and expert advice to Business Heads and other key stakeholders in support of the development, design and implementation of a fit-for-purpose BU reward strategy, aligned to Reward Philosophy.

Behavioural Competencies:

• Adopting Practical Approaches
• Convincing People
• Developing Expertise
• Embracing Change
• Empowering Individuals
• Exploring Possibilities
• Generating Ideas
• Producing Output
• Providing Insights
• Taking Action
• Understanding People
• Upholding Standards

Technical Competencies:

• Compensation and Benefits
• International Remuneration
• Performance Management
• Reward Analysis
• Reward Benchmarking
• Stakeholder Management