Assistant Vice President, Compensation Lead - HSBC Life - HSBC

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

Job summary

A global financial institution in Singapore is seeking an Assistant Vice President, Compensation Lead. The successful candidate will oversee a team ensuring quality service delivery for compensation, including fulfilling obligations and liaising with stakeholders. Strong Microsoft Office skills, problem-solving abilities, and experience in the insurance industry are preferred. This role offers the opportunity to work in a dynamic environment with a focus on team collaboration and professional development.

Qualifications

• Strong Microsoft Office Skills, particularly in Excel and Word.
• Proficiency in VBA is an advantage.
• Excellent interpersonal and communication skills are essential.

Responsibilities

• Oversee compensation team service delivery.
• Ensure fulfillment of compensation obligations.
• Review all compensation reconciliations and payments.
• Liaise with stakeholders on compensation matters.
• Identify automation opportunities for processes.
• Deliver assigned tasks and analysis.

Skills

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

Proficiency in VBA

Great interpersonal skills

Strong communication skills

Meticulousness for accuracy

Ability to manage multiple priorities

Resourceful, independent

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.

https://www.youtube.com/embed/NIa2CodFG6E?si=sFOWeYmq5fs3vE5i