Compensation & benefits partner - bank
5 days ago
Our client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and statutory compliance.Key Responsibilities1. Compensation Management- Assist in the design and implementation of compensation structures including salary benchmarking, pay bands, and internal equity.- Support annual salary review processes, including budgeting, increment planning, and bonus payouts.- Work with external consultants to participate in salary surveys.- Conduct job evaluations and contribute to role grading processes.- Manage the Performance Management cycles, increments and promotions with continuous discussions and engagement with the business stakeholders- ·Manage Job-sizing, ESOPS and RSUs etc2. Benefits Administration- Administer employee benefits including medical insurance, wellness programs, and statutory benefits (PF, ESIC, Gratuity).- Liaise with vendors, insurance providers, and internal teams to ensure smooth delivery of benefits.- Handle employee queries related to compensation and benefits.3. Analytics & Reporting- Prepare regular reports and dashboards on compensation costs, headcount, attrition, and benefits utilization.- Conduct internal pay benchmarking to support decisions on promotions, transfers, and new hires.4. Compliance & Audits- Ensure compliance with local labor laws related to compensation and employee benefits.- Maintain data accuracy and audit-readiness for compensation and payroll records.5. HR Systems & Projects- Support implementation and maintenance of HRIS or compensation tools (e.g., SAP Success Factors, Workday).- Contribute to process improvement projects related to compensation workflows.Qualifications & Skills- Education: MBA / PGDM in HR or related field from a premium institute- Experience: 2+ years of relevant experience in Compensation & Benefits or broader HR roles with a C&B focus- Strong Excel and data analysis skills; familiarity with dashboards and HR analytics- Good understanding of Indian labor laws (PF, Gratuity, Bonus Act, etc.)- Excellent interpersonal and communication skills- Detail-oriented and able to handle sensitive data with confidentiality
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Compensation & Benefits Partner - Bank
1 week ago
Mumbai, India Exceed Consulting Full timeOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Compensation & Benefits Partner - Bank
6 days ago
Mumbai, India Exceed Consulting Full timeOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Compensation & Benefits Partner - Bank
7 days ago
Mumbai, India Exceed Consulting Full timeOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Compensation & Benefits Partner - Bank
7 days ago
Mumbai, India Exceed Consulting Full timeOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Compensation & Benefits Partner - Bank
7 days ago
Mumbai, India Exceed Consulting Full timeOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Compensation & Benefits Partner - Bank
6 days ago
Mumbai, Maharashtra, India Exceed Consulting Full time ₹ 12,00,000 - ₹ 36,00,000 per yearOur client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR systems and...
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Mumbai, Maharashtra, India RiverForest Connections Private Limited Full timeThe C&B Partner will be responsible for driving and managing the **reward agenda** for designated business verticals of the Bank. Acting as the central point of contact for all compensation and benefits matters, the role will focus on aligning reward programs with business objectives, ensuring internal equity, external competitiveness, and compliance with...
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Mumbai, India Exceed Consulting Full timeJob Description Our client, a Leading Private Bank is looking out for a Compensation & Benefits Partner to support the development and administration of our compensation structures and benefits programs to be based at Mumbai. The ideal candidate will have at least 2 years of hands-on experience in C&B, with strong analytical capabilities and exposure to HR...
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Compensation Specialist
3 days ago
Mumbai, Maharashtra, India YES BANK Full time ₹ 12,00,000 - ₹ 36,00,000 per yearCore ResponsibilitiesManage major Compensation processes like the Bank's Annual Compensation Review and the preceding Wage Cost budgetingPartner with Consultants like Aon / Deloitte in their annual surveys to gather market intelligence and benchmarking dataDesign executive compensation structures and the associated LTI program. Track the roll out of...
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Compensation Specialist
2 weeks ago
Mumbai, India YES BANK Full timeJob Description Core Responsibilities - Manage major Compensation processes like the Bank's Annual Compensation Review and the preceding Wage Cost budgeting - Partner with Consultants like Aon / Deloitte in their annual surveys to gather market intelligence and benchmarking data - Design executive compensation structures and the associated LTI program. Track...