Job Summary

Strategy
understanding of the Group’s HR / Reward strategy and model appropriate to the role 

Business
•    Work with the Head, Regional/Business 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.

Key Responsibilities

Processes
•    Support successful delivery of YER 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 forecastin

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

Key stakeholders
Regional PRB Head, Head of HRs, TA, P3 Operations team, Reward Governance team.

Qualifications

Skillset:

- Data analysis and reporting. Especially compensation benchmarking, data modelling etc
- HR background
- Strong Analytical and Business skills eg understand the reward strategy and align to this and interpreting the large datasets to write insights/inference
- Strong communication skills as this role involve most senior reward leaders as well as the Business MT

- HR Degree or MBA- HR or equivalent qualification 
- Certified reward professional 

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've 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 you're 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 can't 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, you'll 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.