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AVP / VP - Total Rewards | Banking

Mumbai Permanent View Job Description
The AVP / VP - Total Rewards will oversee the development, implementation, and management of compensation and benefits programs within the financial services industry. This role is based in Mumbai and requires strong expertise in total rewards strategies. Strong preference for immediately available candidates or candidates with a shorter notice period.
  • Opportunity to make a significant impact.
  • Strategic role focussed on total rewards.

About Our Client

The hiring organisation is part of the banking industry.

Job Description

1. Anchor the end to end year end performance appraisal process management

2. Manage the post appraisal PIP Process

3. Facilitate timely Compensation Benchmarking through vendor partner

4. Facilitate Benefits Benchmarking

5. Enable introduction of industry prevalent benefits post approval processing

6. Manage Benefits administration - Insurance renewals, policies revamp, employee health and wellness programmes

7. Policy formulation, approval processing and post approval implementation

8. Anchor HR procedure manual updating

9. Job Evaluation - support the regional initiative and build in house capability on the same

10.JDs collation

11.Enable periodic review and update of JDs by the line managers 12.Anchor A&A collation

13.Facilitate A&A updating subsequent to promotions and transfers

The Successful Applicant

A successful AVP / VP - Total Rewards should have:

  • A strong educational background in Human Resources, Business Administration, or a related field.
  • Proven expertise in compensation and benefits management within the financial services industry / Consulting industry
  • Knowledge of regulatory and compliance frameworks related to total rewards.
  • Proficiency in data analytics and market benchmarking tools.
  • Ability to collaborate effectively with cross-functional teams.
  • Excellent problem-solving and decision-making skills.
  • Strong organisational and communication abilities.

What's on Offer

  • Competitive salary package.
  • Comprehensive benefits and rewards program.
  • Opportunity to work with a large organisation in the financial services industry.
  • Exposure to a professional and well-structured work environment in Mumbai.



If you are ready to take the next step in your career, apply now to join a leading player in the financial services sector.

Quote job ref
JN-122025-6899240

Job summary

Function
Human Resources
Sub Sector
Compensation & Benefits
What is your area of specialisation?
Financial Services
Location
Mumbai
Job Type
Permanent
Job Reference
JN-122025-6899240

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.