PRB Senior Advisor, CIB

Responsibilities

• Strategy
• Demonstrate expertise in performance, reward and benefits ("PRB") matters, acting as a trusted adviser to CIB Management Team members and their direct teams on incentive arrangements and general reward matters.
• Lead strategic planning and implementation of reward policies, programmes and processes, ensuring alignment with overall CIB strategy.
• Oversee the development of fair pay and wellbeing strategies and targeted interventions
• Identify challenges and opportunities and form agile multi-disciplinary teams to resolve issues.
• Contribute to thought leadership on how to design and implement performance, reward and benefits for the workforce of the future.
• Business
• Establish relationships with key business stakeholders, enabling the identification and understanding of business objectives.
• Advise on compensation matters, including structuring packages, reviewing new hires, changes to existing employees' contracts, developing high remuneration recruit proposals, mobility taxation and share buy-outs.
• Contribute to governance bodies and manage any dedicated oversight bodies
• Processes
• Collaborate with PRB product and process teams to achieve excellence in the implementation of PRB products and policies across countries, seeking to improve understanding to drive business performance and employee motivation.
• Manage performance and pay review processes in line with the global principles, acting as a point of contact for respective management teams. This includes determining leadership messaging, reviewing pay proposals and managing annual compensation processes including funding, budgeting and forecasting.
• Collaborate with PRB specialists on market pricing to increase the level of consistency across markets, reduce vendor costs and generally ensure data is used in an impactful manner.
• Manage, evaluate and improve effectiveness of all HR products, plans and processes.
• Identify opportunities to improve efficiency through technology enhancements, migration or process improvements.
• Participate in compensation and benefit market surveys, analyse results and make appropriate recommendations to maintain market competitiveness.
• Review the impact of risk, control and conduct matters on performance and pay decisions in CIB Banking & Coverage.
• People & Talent
• Coach PRB colleagues, motivating and developing them to achieve high standards of performance.
• Risk Management
• Identify and articulate forward looking risks in PRB products and processes, particularly in the areas of structured incentives
• Support statutory and internal audits.
• Work with business and HR process owners to articulate and manage risks through designated risk forums and/or process or product governance committees.
• Work with the Reward Governance team on the alignment of structured incentives with regulatory guidance in all countries and that they follow best practice.
• Governance
• Support statutory and internal audits, as appropriate
• Regulatory & Business Conduct
• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Key Stakeholders
• CIB Management Team members (depending on portfolio)
• CIB HRBP
• Finance, Compliance and Risk partners
• PRB Advisory teams
• Service Delivery and PRB operations teams
• Other Responsibilities
• Embed Here for good and Group's brand and values in Human Resources; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats).
• Our Ideal Candidate
• 10+ years' work experience in Rewards in a Bank or Financial Institution specifically in the Corporate Banking space
• An appreciation of the local legislative and regulatory landscape
• Strong networker and organizational influencer
• Commercially astute
• Strong collaboration
• Role model and champion the Bank's values and behaviours
• Role Specific Technical Competencies
• Effective Communication
• Relationship Management
• Operational Risk
• Budget Management
• HR Legal and Regulatory Environment
• Human Resourc

Additional Information

Job Summary This role partners with leaders in Corporate & Investment Banking ("CIB") to deliver performance, reward and benefits outcomes that incentivise and reward the delivery of the CIB strategy and create a performance orientated and innovative culture that emphasises conduct and sustainability. The role holder will provide a point of expertise, guidance and support for relevant Business and HR stakeholders.

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