Assistant Vice President, Compensation Lead - HSBC Life

HSBC Global Services Limited; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading international bank in Singapore is seeking a high calibre professional for the role of Assistant Vice President, Compensation Lead. The position involves overseeing a team ensuring service delivery, managing compensation contractual obligations, and liaising with various stakeholders. Ideal candidates will possess strong Microsoft Office skills, VBA proficiency, and excellent interpersonal communication abilities. This role offers a dynamic environment within a growing business segment, emphasizing career development and a collaborative team culture.

Qualifications

• Strong Microsoft Office skills essential, particularly in Excel and Word.
• Proficiency in VBA and experience in the insurance industry are advantageous.
• Excellent interpersonal and communication skills, both verbal and written.

Responsibilities

• Oversee a team ensuring quality and timeliness for Compensation.
• Fulfill compensation contractual obligations including core compensation.
• Key touch-point for stakeholders' inquiries on compensation.

Skills

Strong Microsoft Office Skills: MS Excel (Pivot Tables, Formula)

Proficiency in VBA

Interpersonal skills

Strong communication skills

Meticulousness

Ability to manage multiple priorities

Problem solving skills

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank.

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia‑Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high‑profile growing business segment. We empower our combined team of high‑performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Compensation Lead.

In this role you will:

• Oversee a team of 4 in ensuring service delivery in quality and timeliness for Compensation team
• Ensure the team fulfil compensation contractual obligations including but not limited to core compensation, GA payment, all 3rd party commission and communication on compensation changes as and when needed
• Reviewer/Approver of all compensation reconciliation & payments
• Key touch‑point for internal and external stakeholders’ enquiries on compensation related matters
• Key liaison with internal external auditors such as providing walkthrough, furnishing samples and fronting enquiries from auditors, and update of SOPs
• Identify opportunities for automation of process
• Deliver on adhoc tasks & analysis when assigned
• Participate in projects & UAT as required

To be successful you will:

• Strong Microsoft Office Skills: MS Excel (Pivot Tables, Formula), MS Word
• Proficiency in VBA & Insurance industry experience will be an added advantage
• Great interpersonal skills and enjoy working in a team; Strong communication skills (both verbal and written) to interact with stakeholders
• Meticulous to ensure accuracy of deliverables
• Ability to manage multiple priorities effectively in a fast‑paced environment; Ability to work effectively under pressure with tight timeline
• Resourceful, Independent & strong problem solving skills

Opening up a world of opportunity

http://www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.