Head Rewards | South Asia cluster

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 1 days ago

Job Description

The Compensation & Benefits Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.

Responsibilities:

Aids in ensuring that the firm has competitive and cost effective reward policies and practices.
Responsible for developing and executing the firm's reward strategy,managing the key areas of reward, benefits and pensions and liaising with third parties to develop a consistent best practice approach.
Ensures that reward practices are compliant with the relevant regulatory recommendations and requirements.
Manages Compensation/payroll/Benefit's administration function staff budget and planning.
Applies in-depth knowledge of Compensation/Payroll/Benefits administration policies and practices.
Formulates policy initiatives and partners with HR and/or directly with the Business, CES and other external Consultants to implement and deliver projects.
Manages a team or multiple teams of Compensation professionals. Responsible for hiring, compensation, performance appraisals, staff development, training, etc.
Partners with the revenue areas to improve efficiency, effectiveness, productivity and / or control.
Remains active part of the management team for product or business area.
All other duties as assigned.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:

10+ years of experience
Seasoned manager with extensive product knowledge and expertise
Proficient in Microsoft Office with an emphasis on MS Excel
Self-motivated and detail oriented
Proactive leadership and motivational skills
Consistently demonstrates clear and concise written and verbal communication skills
Proven influencing and relationship management skills
Education:

Bachelor’s/University degree, Master’s degree preferred
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Job Family Group:

Human Resources
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Job Family:

Compensation & Benefits
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Time Type:

Full time
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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

💡 Quick Summary

Seeking a career-building opportunity? The Head Rewards | South Asia cluster 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.

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Job Details

Company Name: Citi

Frequently Asked Questions

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The expected salary for Head Rewards | South Asia cluster in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Head Rewards | South Asia cluster 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 Rewards | South Asia cluster. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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