Manager (Rewards, Governance and IR)

Maybank; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading financial institution in Singapore seeks a Compensation & Benefits expert to manage rewards programmes and advise on compensation strategies. The ideal candidate will have 6-8 years of relevant experience, strong analytical skills, and familiarity with financial services, offering a competitive salary in a fast-paced environment.

Qualifications

• 6-8 years of direct experience in Compensation & Benefits.
• Experience in designing and managing rewards programmes in medium/large organizations.
• Strong knowledge of compensation principles and regulations.

Responsibilities

• Manage rewards programmes and provide compensation & benefits advisory.
• Design and implement total rewards programmes across all job levels.
• Participate in job and salary benchmarking and analyze market data.

Skills

Analytical

Detail-oriented

Project management

Stakeholder management

Proactive

Education

Degree holder

Tools

MS Excel

Job description

About the job

Job Responsibilities

• 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.