Head of Human Resources

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai

Job Description

Bombay Mercantile Co-Operative Bank Ltd., a leading Multi-State Scheduled Bank, with 52 branches across 10 states, requires dynamic and experience personnel.

Age: 45-50 Years

Location: Mumbai

Qualification and Experience:

Postgraduate qualification in Human Resource Management / MBA (HR) / Industrial Relations / Labour Laws or equivalent / PGDHRM from a recognized university or institute.
Familiarity with cooperative sector operations, HR regulations under RBI, and applicable labour laws.
Minimum 10- 15 years of relevant experience in HR, including at least 5 years in a senior HR role, preferably within a Cooperative Bank, Public Sector Bank, or RBI-regulated financial institution.
Key Responsibilities:

1. Human Resources Management

· Recruitment, selection, and appointment of employees (permanent, contract, daily wage basis).

· Preparation and issuance of appointment letters, contracts, and joining formalities.

· Maintenance of employee records and personnel files.

· Management of staff transfers, promotions, and postings.

· Monitoring of biometric attendance system and preparation of monthly attendance records.

· Processing and disbursement of salaries, increments, and other emoluments.

· Handling leave administration, leave encashment, and absence management.

2. Employee Separation

· Processing of resignations, retirements, superannuation, and termination cases.

· Execution of full and final settlement of dues including gratuity, PF, leave encashment, etc.

· Issuance of experience certificates, service certificates, and relieving letters.

3. Industrial Relations (IR) and Legal

· Liaison with recognized staff unions for grievance redressal and industrial harmony.

· Handling employee disciplinary matters, show cause notices, charge sheets, and domestic enquiries.

· Representing the organization in labor courts and tribunals, coordinating with legal counsel for court cases.

· Ensuring compliance with applicable labor laws and employment regulations.

4. Staff Loans Administration

· Scrutiny, processing, and sanction of staff loans including:

o Vehicle Loans

o Housing Loans

o Multipurpose Loans

· Monitoring timely recovery and maintenance of loan records.

5. Fraud Investigation & Disciplinary Action

· Investigation and reporting of staff-related frauds or misconducts.

· Coordination with internal audit, vigilance, and legal teams for appropriate action.

6. Staff Welfare & Recreational Activities

· Implementation and review of staff welfare policies.

· Organization of recreational, cultural, and engagement events for staff morale.

· Management of welfare funds and schemes.

7. Contract & Daily Wage Hiring

· Hiring of outsourced and temporary manpower as per department requirements.

· Preparation of service contracts, compliance checks, and coordination with manpower agencies.

8. Compliance and Statutory Requirements

· Ensuring timely filing of returns under PF, ESI, Gratuity, etc.,

· Maintenance of records under applicable statutes

Job Type: Full-time

Schedule:

Day shift
Ability to commute/relocate:

Masjid, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)
Education:

Bachelor's (Preferred)
Experience:

Human Resources: 10 years (Preferred)
Work Location: In person

💡 Quick Summary

Seeking a career-building opportunity? The Head of Human Resources position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Bombay mercantile co-operative bank ltd 2.8 2.8 out of 5 stars Masjid, Mumbai, Maharashtra Bombay mercantile co-operative bank ltd

Frequently Asked Questions

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The expected salary for Head of Human Resources in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Head of Human Resources is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Head of Human Resources. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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