Head, Reward, Analytics & Reporting

Posted 2 Days Ago
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Lagos
Senior level
Financial Services
The Role
Lead the development of reward strategy, manage annual review processes, provide data analytics, and support people metrics for decision making.
Summary Generated by Built In

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

  • Participate in the development of the overall reward strategy and plans.
  • Manage the annual reward review process including system enhancement and testing Data management
  • Ensure quality input to the board on people related matters to enable deliberations at the right level and ultimately drive organisation behaviour and sustainable performance.
  • Drive the collection of all necessary macro-economic data and competitor information and make recommendations on salary increases for various businesses.
  • Manage the annual reward review process
  • Ensure availability of market data for country and provide support with job matching and completing relevant surveys.
  • Build internal and external networks with Business unit partners, line managers and service providers, professional practice bodies and ensure relevance and credibility of the reward Service provided.
  • Ensure the implementation of relevant reward governance frameworks
  • Provides management support to the People & Culture function in the areas of people metrics, reporting, and advanced and predictive analytics.
  • Supports other People & Culture Specialists by designing customized reports providing source data
  • Drive the collection of the required data elements for employees in the talent pools. Review reports that indicate missing data and follow up with People & Culture Business Partners to obtain the data.
  • Present scorecards and reports to the Head People & Culture and on request, present the information to the Country Exco.
  • Create, maintain, and ensure quality assurance of key People & Culture data sets, reports, and metrics.
  • Extracting and analyse data from HR systems, in order to inform decision making and fulfil statutory reporting obligations

Qualifications

 

  • First degree in Accounting/Finance or any relevant discipline
  • Minimum 12 years cognate experience in managing total reward and working at a senior HR level
  • Chartered member of ICAN/ACCA
  • Experience leading and managing significant reward and performance related projects and delivering successful outcomes.
  • Significant experience in a reward specialist role, operating with a high degree of autonomy
  • Up to date knowledge and expertise of best practice and current developments in reward, benefits and performance management, preferably within the financial service industry
  • Experience effectively communicating reward and performance management frameworks to staff and other key stakeholders such as Senior Management Team

Additional Information

Behavioural Competencies:

  • Adopting Practical Approaches
  • Convincing People
  • Developing Expertise
  • Embracing Change
  • Empowering Individuals
  • Exploring Possibilities
  • Generating Ideas
  • Producing Output
  • Providing Insights
  • Taking Action
  • Understanding People
  • Upholding Standards

Technical Competencies:

  • Compensation and Benefits
  • International Remuneration
  • Performance Management
  • Reward Analysis
  • Reward Benchmarking
  • Stakeholder Management

Top Skills

Data Management
Hr Systems
Reporting Tools
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The Company
Johannesburg
63,856 Employees
On-site Workplace
Year Founded: 1862

What We Do

As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.

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