Senior Manager: Remuneration, Rewards and Benefits

SUMMARY:
A Senior Manager: Remuneration, Rewards and Benefits role has become available within the fastest growing top bank in South Africa. The successful candidate will be based in Cape Town and will be responsible for supporting the Division and Business Strategy, by leading and managing the strategic implementation of the Remuneration/Reward and Benefits landscape and ensuring a scalable and sustainable value proposition, aligned with business goals and objectives. This will require expertise in the design and execution of world-class competitive remuneration and reward practices, benefit, and wellness offerings and experiences for employees.

POSITION INFO:
Key Responsibilities:

• Lead the provision of specific remuneration related information, analytics and Group Functions reporting to ensure accurate and compliant reporting and enable efficient and data-driven processes.
• Manage Group Functions compliance of Reward Philosophy.
• Advocate and ensure adherence to Governance Frameworks.
• Act as the expert advisory reference point to the Group Functions business on remuneration issues and provide required remuneration guidance to enable the Business Line to function effectively.
• Build an enabling culture and environment, which is diverse, inclusive, and safe, where our people can live their purpose every day and continuously learn, experiment, and thrive.
• Extensive senior management experience in managing the reward practice for a medium to large financial services organization or a Reward consultancy.
• Extensive experience in designing and implementing remuneration solutions, preferably with an international footprint.
• Provide expert contribution in terms of market insights and thought leadership on Remuneration for the Group Functions.
• Grow our people and build future-fit capabilities, especially within Data, Digital, Technology and Analytics
• Create capacity and energy in Bank by rewiring our operating framework to delight our clients, deliver everyday executional excellence and enable future growth
• Develop and embed Group Functions Remuneration governance frameworks, outlining minimum standards of consistency and adherence, which articulates the Groups Reward Philosophy.

• Bachelor’s Degree in Finance and/or Commerce
• 8 years of relevant experience within a Corporate or Consulting environment

• Proposal preparation and engagement with a Remuneration Committee
• Data analytics and trend analysis
• Build and application of financial Remuneration models and or Benefit methodologies
• Policy and procedure writing
• Forecasting, reporting, and budgeting
• Vendor engagement and management
• Proven knowledge of all legislation and regulatory requirements pertaining to Remuneration, executive pay, job grading, benchmarking frameworks and practices, wellness as well as benefits (i.e., medical aid, retirement, risk)
• High organizational awareness and proven leadership skills to help you across Bank.

NB! This job is now closed. You can apply for other jobs by uploading your CV.