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Vice President - Compensation & Benefits.PR&PR - Rewards & Recognition.People & Intellectual Ca[...]

Mashreqbank PSC

Sharjah, UAEAED 4,000-10,000/moToday
UAEFinance & AccountingFull Time

Skills Required

AwsGitExcelErpCommunicationLeadership

Job Description

We are seeking a talented UAE National to join Mashreq UAE as a VP - Compensation & Benefits. In this role, you will play a crucial part in developing and implementing compensation and benefits strategies, supporting multiple groups and locations and ensuring our C&B proposition remain attractive and competitive in the global talent market. Your expertise will be instrumental in digitizing rewards processes, enhancing user experiences, and maintaining compliance with statutory requirements across various countries.ResponsibilitiesServe as a subject‑matter expert for all C&B matters within the assigned scope, providing guidance and expertise to stakeholders.Manage pay review and bonus cycles for assigned locations, ensuring timely and accurate implementation.Lead the digitization of rewards processes, identifying opportunities to enhance user experiences and streamline operations.Collaborate with vendors to develop new concepts and applications, utilizing scalable solutions to improve existing user journeys.Analyze compensation survey data and work with the Head of Rewards to recommend and implement changes, aligning with the bank's compensation philosophy.Review and update pay bands annually for each country, providing management with cost impact analyses for informed decision‑making.Initiate and participate in dipstick surveys to compare compensation and benefits practices with industry peers, identifying areas for improvement.Provide consultative support to business partners and leadership on policy clarification and interpretation, ensuring consistent application.Ensure uniformity in C&B policies across all Mashreq locations, maintaining a cohesive and compliant approach.Stay updated on statutory requirements and labor laws related to C&B, ensuring compliance in all assigned locations.QualificationsUAE National with a strong background in compensation and benefits management, preferably in the banking or financial services industry.Minimum of 10 years of experience in a similar role, with a proven track record of developing and implementing successful C&B strategies.Excellent knowledge of compensation and benefits practices, including market trends, survey data, and benchmarking.Strong analytical and problem‑solving skills, with the ability to interpret data and make informed recommendations.Proficiency in using HRIS systems and experience in digitizing and automating rewards processes.Excellent communication and interpersonal skills, with the ability to build strong relationships with stakeholders.Ability to work independently and manage multiple projects simultaneously, with a high level of organization and attention to detail.Strong leadership and team management skills, with a collaborative and inclusive approach.Up‑to‑date knowledge of labor laws and statutory requirements related to C&B in multiple countries.A bachelor's degree in Human Resources, Business Administration, or a related field is preferred.#J-18808-Ljbffr