Assistant Vice President, Compensation (Human Resource)

Kenanga Investment Bank; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

An established investment bank in Kuala Lumpur is seeking an Assistant Vice President to support the Head of Total Rewards. The role involves managing compensation and benefits initiatives, including job grading and salary structures. Candidates should hold a degree related to HR or Business and have at least 5 years of experience in relevant fields.

Qualifications

• Minimum 5 years' experience in Compensation & Benefits.
• Strong analytical and communication skills.
• Experience in managing salary structures and benchmarking.

Responsibilities

• Support the Head of Total Rewards in managing compensation and benefits initiatives.
• Manage job grading structure, annual bonus, and salary adjustment exercises.
• Provide internal and external salary benchmarking data.

Skills

Analytical skills

Communication skills

Project Management

Education

Degree in Human Resources or Business

Job description

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Support the Head of Total Rewards in managing the compensation and benefits initiatives.

Job Responsibilities

1) Job grading structure development - To gather all relevant information and data related to job grading structure development

2) Salary structure review

Gather all relevant information and data related to job grading structure development

Prepare the list of current staff in the organization and the related information to be included in the working template

Extract the market data from the consultant and benchmark to the current

Prepare relevant analysis related to the salary structure review

3) Annual Bonus and Salary Increment exercise

Gather all relevant information

Preparation of the working template and related analysis

Generate letters to staff on the bonus and increment

4) Annual Promotion and Salary Adjustment Exercise

Preparation of the working template and related analysis

Generate letters to staff on the promotion and salary adjustment

Manage the promotion and salary listing

Work closely with the consultants in the benchmarking and data submission exercise

6) Internal and external benchmark

Work closely with Recruiter in providing the salary benchmarking (internal and market) data.

Qualifications:

Degree holder in Human Resources / Business or any relevant discipline

Minimum 5 years of relevant in Compensation & Benefits experience

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We are an established investment bank that offers a variety of financial products and services. Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives and structured products, private equity, treasury and the provision of investment research and advisory services.We strongly believe in investing for the future and the next stage of growth.

We are an established investment bank that offers a variety of financial products and services. Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives and structured products, private equity, treasury and the provision of investment research and advisory services.We strongly believe in investing for the future and the next stage of growth.

What can I earn as an Assistant Vice President