Avp - Compensation & Benefits

4 days ago

India Sumitomo Mitsui Banking Corporation (SMBC) Full time

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

**Responsibilities**:

- Anchor the end to end year end performance appraisal process management
- Manage the post appraisal PIP Process
- Facilitate timely Compensation Benchmarking through vendor partner
- Facilitate Benefits Benchmarking
- Enable introduction of industry prevalent benefits post approval processing
- Manage Benefits administration - Insurance renewals, policies revamp, employee health and wellness programmes.
- Policy formulation, approval processing and post approval implementation
- Anchor HR procedure manual updation
- Job Evaluation - support the regional initiative and build in house capability on the same
- JDs collation
- Enable periodic review and update of JDs by the line managers
- Anchor A&A collation
- Facilitate A&A updation subsequent to promotions and transfers

**(a) Knowledge (b) Skills (c) Experience (d) Qualifications**
- Working Experience: 3-5years
- C&B, Rewards experience
- Preferably from Bank, IT, Consulting Industries
- Has exposure to Financial Services
- Master’s degree from premium institute

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