Performance and Reward Manager at ENBD Recruitment Team

Nadd Al Shiba First, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

22 Apr, 26

Salary

0.0

Posted On

22 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Stakeholder Management, Communication, Teamwork, Learning Agility, Analytical, Data and Computational Thinking, Resilience, Decisiveness, Judgment, Problem Solving, Professionalism, Integrity, Time Management, Attention to Detail, Presentation Skills, Advanced MS Excel Skills

Industry

Banking

Description

About Us Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. At the bank, we serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With close to half a million users, it continues to be the fastest-growing digital bank in the region. What You Will Be Doing Implement and manage Performance and Reward policies, programs, and practices in the relevant Emirates NBD Group entity and/or business units. Develop recommendations to support business unites needs in hiring, retaining and engaging employees. Act as a subject matter expert in all aspects of Performance and Reward including the areas of Performance Management, Fixed and Variable Pay, Incentive Schemes, Job Reviews and Benchmarking. What are we looking for Be the subject matter expert and first point of contact for HR and business stakeholders on generic Performance Management and Reward matters. Support implementation and management of compensation structures including Fixed and Variable Pay, Incentive Schemes, Job Reviews and Benchmarking, ensuring alignment with organizational goals and objectives. Assess the external landscape and engage with peers in the industry to understand competitor, business and regulatory trends that inform the short and long-term roadmap of compensation priorities for the relevant Business Units. Participate in ad-hoc projects involving wider HR and business stakeholders. Oversee the performance management, compensation and benefit processes for the relevant Business Units and advise stakeholders on performance management, compensation and benefit matters. Manage the Performance and Reward year end process for the relevant Business Units. Provide direction and policy interpretation to management staff regarding compensation philosophy and practices to ensure that policies are consistently applied Behavioral/ Core Competencies Stakeholder Management & Communication Teamwork Learning Agility Analytical - Data and Computational Thinking Resilience Decisiveness and Judgment Problem solving Professionalism and integrity Time management Attention to detail Strong presentation skills Advanced MS Excel Skills Strong technical performance and reward knowledge Working/managing employee data Local remuneration regulatory knowledge What we offer you Competitive salary package Strong emphasis on work-life balance and wellbeing across the bank World-class Learning & Development platform and career development Generous annual leave entitlement and Private Healthcare Preferential banking facilities for employees Why Join Us We aspire to be an employee’s employer of choice. We believe, we can help you realize your true potential by providing the right opportunities. At ENBD we are reimagining the future of work so that you can unlock your potential, every day we want to ensure, every employee can exceed in the future of work by upskilling, building new digital skills and knowledge. Our goal is to empower our employees to build a career experiences and skills they need in the future and that will produce a great outcome for our bank as well, we want our employees no matter their background, location, preferences to feel engaged to one ENBD team. We encourage interested candidates to review the key responsibilities and qualifications for each role and apply for any positions that match their skills and capabilities. ENBD is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment, however due to high volume of applicants, only SHORTLISTED candidates will be contacted. ENBD Meet the leading banking group in the region Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.

Responsibilities

The Performance and Reward Manager will implement and manage policies and programs related to performance and reward within the Emirates NBD Group. They will also oversee performance management and compensation processes while advising stakeholders on related matters.