Senior Reward Manager at CBD

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

30 Apr, 26

Salary

0.0

Posted On

30 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Stakeholder Management, Inter-Personal Skills, Communication Skills, MS Excel, Power BI, Report Writing, Presentation Skills, Planning Skills, Organizing Skills

Industry

Banking

Description

JOB PURPOSE The role manages the end-to-end implementation of Reward associated programmes at CBD by working closely with Head of PROPs, Head of HR and Emiratization and Head of Talent Acquisition The role also provides a vital, tactical and developmental support in the Reward activities, Recognition management and Performance Management processes and systems Manage and lead a team which provides analytical and other support related to Performance, Reward and Recognition activities PRINCIPAL ACCOUNTABILITIES Benchmark with banking industry to ensure competitiveness of the Reward programs, including survey participation with leading survey providers. Build networks with HR consultants and HR Management in other banks in the region so as to share data and seek clarification on practices. Conduct own surveys and participates in surveys conducted by other banks. Manages the staff cost budget and ensure that staff cost is tracked closely against approved budgets. Prepare staff cost forecasts from time to time for HRC & REMCO reviews. Work closely with the Head of PROPs, People Strategy, Talent Acquisition and Group Heads to realize efficiencies from organization structure reviews Provides governance on the Org. Design processes, including job catalogue and position management, to ensure jobs and positions are methodically structured at CBD Manages the Job Evaluation process for the Bank and is the custodian of JDs across the Bank Participates in the design the Long-Term Incentive Plan (LTIP) and ensure the implementation governance. Review all short-term Bank-wide sales incentive plans and make recommendations for any changes in the design of the plans. Review and recommend the salary package for new hires for the outside pre-approved ranges and unbudgeted roles Works closely with the Head of PROPs in designing proposals for changes in Reward programs. Also develop the proposals for the Bank-wide Increments and Promotions, Annual Bonus, Retention Plan proposals, etc. Manages the end-to-end implementation of Increments and Promotions, Bonus modelling and other rewards related processes. Also ensure the accuracy of the benefits payment calculations, in line with the Bank-wide promotions or Bank-wide annual payout Works with the Head of HR and Emiratization to ensure that the Bank’s Emiratization strategy is followed in all the functions Act as a change agent in the implementation of the right technological platforms for strengthening the Performance Management system and process Drive and manage the development and implementation of the Bank-wide Performance Management System Establish key matrices to define the competencies and skills required for each roles within the Bank along with the individual performance mapping to set-up the KPI framework Ensures the performance management cycles are conducted in a timely and effective manner Supports towards “ad hoc” HR projects as and when required as well as being the HR key person on a number of business led projects Manage the end-to-end activities of Bank’s recognition programs, including the design, policy, process, approvals and communication. This includes periodical review of the program, efficiency and streamline the processes Requirements QUALIFICATIONS Master’s Degree or equivalent. Advanced professional certification (e.g., CCP, GRP, etc.) is desirable. Overall 8+ years of experience in Human Resources function with a good understanding of all areas across HR and the Bank Good stakeholder management, inter-personal and communication skills Advanced MS office skills, especially MS Excel and Power BI Report writing and presentation skills Planning and organizing skills

Responsibilities

The Senior Reward Manager is responsible for managing the implementation of Reward programs and providing support in Reward activities, Recognition management, and Performance Management processes. The role includes leading a team that provides analytical support related to Performance, Reward, and Recognition activities.