Lead Consultant – Total Rewards

The Standard India; Bengaluru; Hybrid; INR 2,500,000 - 3,500,000; Full time

Benefits offered by this job

Comprehensive health benefits

Annual incentive bonus

Paid time off

Career advancement opportunities

Job summary

A leading financial services organization in Bengaluru is seeking a Total Rewards & Compliance Lead to oversee compensation, benefits, and HR compliance. Candidates should have a Master's degree and at least 10 years of HR experience, including 5 years in compensation and benefits. This role supports business and HR leaders while ensuring compliance with local laws. It offers a hybrid work model and comprehensive benefits package including an annual incentive bonus plan.

Qualifications

• 10+ years of progressively responsible HR experience.
• Minimum 5 years of experience in compensation and benefits.
• Strong project management skills.

Responsibilities

• Lead total rewards and compliance initiatives.
• Manage annual compensation processes and benefits administration.
• Ensure HR compliance with local laws and internal policies.

Skills

Compensation consulting

Analytical skills

Stakeholder management

Project management

Interpersonal skills

Education

Master’s degree in Human Resources or related field

Job description

Job Summary

The Total Rewards & Compliance Lead is responsible for leading and executing the organization’s compensation, benefits, and HR compliance for the India center. The role provides strategic and consultative support to business and HR leaders on complex compensation and benefits matters, leads end-to-end compensation design initiatives, and ensures effective administration of benefits programs. In parallel, the role supports the HR compliance charter, ensuring adherence to local statutory requirements and regulations. The incumbent works closely with Total Rewards Global leadership and team, HR, Legal, business stakeholders and external vendors to ensure market-aligned rewards, compliant HR practices, and strong governance across systems and processes.

Principal Duties & Responsibilities

• Total Rewards – Compensation & Benefits (Approx. 80%)
• Provide strategic compensation and benefits consultation to assigned lines of business, supporting decisions related to pay structures, incentives, promotions, and rewards positioning.
• Works closely with the global compensation team to ensure alignment to the organizations philosophy, processes and practices.
• Lead end-to-end compensation design efforts, including job evaluation, market benchmarking, pay structure design, incentive plan design, and governance approvals.
• Manage and execute annual compensation processes such as salary reviews, bonuses, promotions, and special pay actions, ensuring equity, consistency, and budget adherence.
• Conduct market pricing and benchmarking studies; analyze external market trends and internal equity to develop data-driven recommendations.
• Oversee the administration and continuous improvement of benefits programs, including health insurance, leave programs, retirement plans, disability, life insurance, and other employee benefits.
• Manage benefits vendors and consultants, including renewals, cost analysis, utilization reviews, service quality, and issue resolution.
• Lead benefits communication and education initiatives to improve employee awareness, understanding, and engagement with total rewards offerings.
• Oversee administration of the leave of absence and disability of accommodation programs, ensuring fair, compliant, and timely execution.
• Partner with Total Rewards leadership, Finance, HR, and business leaders to support broader benefits strategy development and execution aligned with organizational goals.
• HR Compliance (Approx. 20%)
• Support the HR compliance charter for the India center, ensuring adherence to applicable labor laws, statutory requirements, and internal policies related to Total rewards more specifically to areas related to Compensaion and benefits.
• Ensure compliance with regulations related to wages, benefits, working hours, leave, social security, and employment practices.
• Work closely with internal Legal teams and external legal counsel to interpret regulatory changes, assess impact, and implement required actions.
• Lead and support internal and external audits, inspections, and statutory filings, ensuring accuracy, timeliness, and documentation readiness.
• Ability to work on-site in Bengaluru, India is a requirement of the role.

Mode of Working

This role follows a hybrid work model, with a primary base in Bengaluru. While on-site presence is essential for key engagements, flexibility is offered for remote work based on business needs and team alignment.

Skills And Background You’ll Need

Education

Master’s degree in Human Resources, Business Administration, Organizational Effectiveness, Labor Law, or a related field.

Experience

• 10+ years of progressively responsible HR experience.
• Minimum of 5 years of hands‑on experience in compensation, benefits, and HR compliance in similar industry.

Key Behaviors of a Successful Candidate

• Strong expertise in compensation consulting, including salary administration, incentive plans, and benefits design.
• Proven experience in designing, documenting, and administering enterprise-level total rewards programs.
• Advanced analytical and data interpretation skills, with the ability to conduct benchmarking and derive actionable insights.
• High level of confidentiality, integrity, and ethical judgment.
• Excellent interpersonal and stakeholder management skills, with the ability to influence across levels and functions.
• Strong project management capabilities, including managing complex initiatives with tight timelines.
• Exceptional written, verbal, and presentation skills.
• Strong compliance, audit, and governance orientation, with comfort operating in regulated environments.

Why Join The Standard India?

• A rich benefits package that supports your health, well-being, and financial goals.
• An annual incentive bonus plan tied to both individual and organizational performance.
• Paid time off including earned leave, sick/casual leave, and public holidays, in accordance with the company’s leave policy.
• A supportive, responsive management approach that empowers you to grow.
• Opportunities for career advancement through learning, coaching, and leadership enablement.
• A culture where your voice matters—your ideas shape our future, and we win as one.
• Purpose-driven work that makes a difference for our customers, communities, and each other.

In addition to a competitive salary, our employee-focused benefits are designed to support work-life balance, personal growth, and long‑term impact.

Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

StanCorp Global Services India Private Limited is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, colour, sex, gender identity, sexual orientation, age, disability, caste, HIV status or any other characteristic protected by applicable laws of India.