Senior Manager - Benefits, Policies & People Risk

Responsibilities

• Support the governance of India people-related obligations by maintaining visibility of key HR, benefits, policy and compliance requirements, and partnering with relevant teams to identify gaps, manage risks and drive timely closure.
• Monitor external market practices and industry benchmarks across benefits, employee policies and people practices, and recommend opportunities to ensure CBA India's policies and benefits are both regulatory robust and competitive from a market standpoint.
• Lead the governance of India HR policies, benefits policies,

Benefits

Additional Information

Organization: At CommBank, we never lose sight of the role we play in other people's financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work. Together we can achieve great things. Your role & impact: As CBA continues to evolve its ways of working across the Group, CBA India is playing an increasingly important role in enabling resilient, well-governed and employee-centric people practices. The Senior Manager -Benefits, Policies and People Risk will play a pivotal role in strengthening the benefits, policy and risk foundations that support India HR, ensuring that obligations are clearly understood, controls are effective, and solutions are implemented with discipline, care and accountability. This role is accountable for leading the India Employee Benefits, HR Policies and People Risk Governance agenda. The incumbent will support the design, governance and implementation of employee benefits programs, policy frameworks and people-risk controls that are aligned to CBA Group expectations, India regulatory requirements and external market practice. The role is also accountable for designing and implementing corrective actions, providing practical solutions, coordinating implementation across internal and external stakeholders, taking ownership of remediation plans, and ensuring risks are brought to closure with clear evidence, governance and senior stakeholder visibility. The role will act as a key India subject matter expert across benefits governance, HR policy implementation and people-risk practices. The incumbent will translate India-specific requirements, CBA Group standards and industry best practices into clear policies, SOPs, controls, review routines, benefits governance processes, communication plans and implementation actions. The role requires strong technical expertise in India HR risk, labour compliance, benefits governance and policy implementation, along with the ability to drive practical closure by working across India and Australia stakeholders, internal functions, external vendors and statutory interfaces. Your reporting line: The position reports into the Executive Manager, Workplace Relations and Policies, CBA India. Your skills and experience: 8-14 years of post-master's experience, or equivalent progressive experience, across employee benefits, HR policies, HR governance, total rewards, HR operations, people risk, HR compliance, consulting or related people advisory roles. Strong preference for experience in banking, financial services, global capability centers, captives, regulated multinational organizations or complex matrix environments. Good understanding of India HR statutory and regulatory obligations, including practical exposure to POSH, payroll and wage compliance, final settlement obligations, Apprenticeship Act governance, statutory benefits, provident fund, gratuity, employee benefits, insurance, leave and entitlement governance, workplace conduct and employee protection obligations. Strong exposure to HR risk assessment, benefits risk assessment, control testing, RCSA, internal audit, Line 2 reviews, compliance reviews, remediation planning, root cause analysis and governance reporting. Bachelor's degree in human resources, Law, Commerce, Business Management or a related discipline is required. Postgraduate qualification in Human Resources, Labour Law, Employment Law, Industrial Relations, Business Management or a related field is preferred.

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