Job Description
. Role Responsibilities
Strategy
• understanding of the Group s HR / Reward strategy and model appropriate to the role
Business
• Work with the Head, Regional PRB, to provide day to day Performance and reward support including preparation of offers, bid-backs, internal moves and the planning and completion of the annual P3 review.
• Provide Reward advice and solutions to assigned HR and Business stakeholders on a range of employee compensation and benefit areas which may include banding, generic pay philosophies and pay positioning, approach to reward for internationally mobile employees, redundancy and total compensation.
• To ensure that all reward activities are aligned with Group policies and standards and that activities are consistent across the region
• Understanding of regulatory remuneration guidelines of the region and how these may impact the internal policies and support the PRB Advisory Head with managing responses to regulatory queries/issues on reward related topics within the region
• Proactively communicating the Group compensation policies and standards changes to HR stakeholders
• Contribute to the design of any Structured incentive plans and modelling, implementation and assurance activities in the country and region.
• Contribute to the wider PRB agenda and building a network of contacts across the Group
• Improve business and HR s understanding of reward and how reward programmes can be effectively and appropriately used to drive business performance and motivate employees.
Processes
• Support successful delivery of P3 Final Review in partnership with the Country teams in line with Group process, timeline and principles.
• Drive further awareness of risk, control and conduct matters with the Country teams, to help improve line manager understanding of the linkage between breaches/issues with P3 outcomes.
• Lead discussions with the Regional HR and Business teams in relation to the Group P3 messaging.
Manage other annual compensation processes including budgeting and forecasting
Risk Management
• In respect of the Group s Risk Management Framework ensure a full understanding of the risk and control environment in area of responsibility
• Act to minimise operational loss and audit failures and take proactive measures to respond to matters arising, and identify and manage forward looking risks
• Support statutory and internal audits, as appropriate.
Governance
• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
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.
• Lead the [country / business unit / function/[team] to achieve the outcomes set out in the Bank s Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
• Regional PRB Head, Head of HRs, TA, P3 Operations team, Reward Governance team
Qualifications
Training, licenses, memberships and certifications
• HR Degree or MBA- HR or equivalent qualification
• Certified reward professional
About Standard Chartered
Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we cant wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, youll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role youve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Strategy
• understanding of the Group s HR / Reward strategy and model appropriate to the role
Business
• Work with the Head, Regional PRB, to provide day to day Performance and reward support including preparation of offers, bid-backs, internal moves and the planning and completion of the annual P3 review.
• Provide Reward advice and solutions to assigned HR and Business stakeholders on a range of employee compensation and benefit areas which may include banding, generic pay philosophies and pay positioning, approach to reward for internationally mobile employees, redundancy and total compensation.
• To ensure that all reward activities are aligned with Group policies and standards and that activities are consistent across the region
• Understanding of regulatory remuneration guidelines of the region and how these may impact the internal policies and support the PRB Advisory Head with managing responses to regulatory queries/issues on reward related topics within the region
• Proactively communicating the Group compensation policies and standards changes to HR stakeholders
• Contribute to the design of any Structured incentive plans and modelling, implementation and assurance activities in the country and region.
• Contribute to the wider PRB agenda and building a network of contacts across the Group
• Improve business and HR s understanding of reward and how reward programmes can be effectively and appropriately used to drive business performance and motivate employees.
Processes
• Support successful delivery of P3 Final Review in partnership with the Country teams in line with Group process, timeline and principles.
• Drive further awareness of risk, control and conduct matters with the Country teams, to help improve line manager understanding of the linkage between breaches/issues with P3 outcomes.
• Lead discussions with the Regional HR and Business teams in relation to the Group P3 messaging.
Manage other annual compensation processes including budgeting and forecasting
Risk Management
• In respect of the Group s Risk Management Framework ensure a full understanding of the risk and control environment in area of responsibility
• Act to minimise operational loss and audit failures and take proactive measures to respond to matters arising, and identify and manage forward looking risks
• Support statutory and internal audits, as appropriate.
Governance
• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
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.
• Lead the [country / business unit / function/[team] to achieve the outcomes set out in the Bank s Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
• Regional PRB Head, Head of HRs, TA, P3 Operations team, Reward Governance team
Qualifications
Training, licenses, memberships and certifications
• HR Degree or MBA- HR or equivalent qualification
• Certified reward professional
About Standard Chartered
Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we cant wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, youll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role youve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
💡 Quick Summary
Seeking a career-building opportunity? The PRB Specialist | ASA 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.
