This role will be part of the Human Capital organization in Maybank Singapore and report to the Head and SVP of Rewards
Serve as a subject matter expert in the area of compensation & benefits in Maybank Singapore by managing rewards programmes and providing compensation & benefit related advisory and support to the various internal and external stakeholders, mainly annual compensation review, incentive programmes design, benefit reviews, rewards related governance and policies
Design and manage the development, implementation and administration of total rewards programmes across all job levels in line with the Bank's philosophy.
Participate in the job and salary benchmarking including value-added rewards surveys with third party consultants, analyze market data results and recommend competitive / best practice rewards strategies accordingly
Prepare and manage manpower budget including analysis of manpower costs
Develop and update rewards-related policies in various modes of communication such as Handbook, Benefits Schedule and others
Prepare reports and decks as required
Job Requirements
A degree holder with at least 6-8 years of direct experience in Compensation & Benefits.
Experience in designing, managing and implementing rewards plans/programmes in a medium/large organizations.
Strong knowledge of compensation and benefits principles and methodologies including the legislative regulations and compliance.
Meticulous, Detail-oriented, Analytical, Pro-active with high level of initiative and Able to work independently in a fast-paced environment
Strategic business acumen, strong project management and stakeholder management skills.
Excellent Advanced MS Excel skills. Knowledge of macro, dashboard, workplace analytics and accounting entries will be advantageous.
Prior experience in Financial Services and/or Banking sector will be advantageous.
