Compensation and Benefit Specialist

1 week ago

Noida, Uttar Pradesh, India Sopra Steria Full time ₹ 15,00,000 - ₹ 28,00,000 per year
Company Description

SBS is a global financial technology company that's helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. SBS is a trusted partner of more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide, including Santander, Societé Generale, KCB Bank, Kensington Mortgages, Mercedes-Benz, and Toyota FS. Its cloud platform offers clients a composable architecture to digitize operations, ranging from banking, lending, compliance, to payments, and consumer and asset finance. With 3,400 employees in 50 offices, SBS is recognized as a Top 10 European Fintech company by IDC and as a leader in Omdia's Universe: Digital Banking Platforms.

Job Description

The Compensation Analyst plays a crucial role in managing competitive compensation packages to attract and retain talent. She/he performs participation in salary surveys, conduct benchmarking studies, and ensure fair and equitable pay practices within the organization. She/he will also be involved in global project/process related to Compensation & Benefits

The main missions of this role are:

  1. Participate in compensation surveys, gather and organize compensation data from various internal and external sources to support compensation decisions and talent retention
  2. Support the maintenance and updates of our salary structure to ensure alignment with business objectives and external market
  3. Act as internal consultant to provide recommendations for compensation adjustments based on job evaluations, pay gap analysis, market data, and internal equity. Support Talent acquisition for new hire offers
  4. Support the annual compensation review process: budget definition, planning, preparation, training & communication supports
  5. Participate to global projects like global grading, variable compensation plan harmonization, Pay transparency, etc.
  6. Support preparation of compensation-related reports and documentation for audits, governance, or regulatory purposes. Provide compensation analysis & reports at Group/Country levels, to support management in decision making process

The role involves collaborating with various internal stakeholders, including HR Business Partners, Talent Acquisition, Finance, Sales Operations, and external Survey providers

Profile:

  1. Bachelor's or Master's degree in HR or Economics
  2. 8 to 12 years experience, ideally in Compensation Analyst role
  3. Strong analytical skills
  4. Knowledge of market surveys like AON/Radford, IPAS, Mercer, etc and their job evaluation methodology
  5. Knowledge of Sales incentive programs is a plus
  6. Strong Excel proficiency. Knowledge of Workday & Power BI is a plus
  7. Good communication and presentation skills
  8. Fluent or business proficient: English (mandatory)

Total Experience Expected: 08-12 years

Qualifications

MBA HR - Preferred

Additional Information

Location: Noida Campus

At our organization, we are committed to fighting against all forms of discrimination. We foster a work environment that is inclusive and respectful of all differences.

All of our positions are open to people with disabilities.

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