Head Of Performance And Reward, Sydney, Hsbc

Published 2022-09-22
Expires 2022-10-22
ID #1178220378
200 AU$
Head Of Performance And Reward, Sydney, Hsbc
Australia, New South Wales, Sydney,
Published September 22, 2022

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Monthly
Occupation: Head of performance and reward
Min. Salary: 150.000

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Some career choices have more impact than others.

We’re looking for progressive minds who are driven and forward-thinking, who are open to different ideas and cultures, who can connect with customers and colleagues and who’ll work with courageous integrity every day.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services and wellness programmes including discounted gym memberships.

In this pivotal role you will provide strategic guidance across performance management and reward consultancy to senior management, Board and Remuneration Committee in Australia & New Zealand. You will design, develop and reviews performance management and reward policies, processes and practices that are aligned with Group and Regional P&R framework to support the dynamic and changing business needs and foster a high performance culture. You will also manage the local Remuneration Framework so as to ensure HSBC is compliant with applicable regulatory and legislative requirements

Your main responsibilities will include

Own the Performance & Reward (P&R) strategy for HSBC Australia and New Zealand with the support of a P&R Analyst

Ensure continuous improvement in manager and employee capability in performance management and alignment of risk, performance and reward in line with regulatory reviews and recommendations

Drive market leading reward management and related HR policy strategies within the business to attract, motivate and develop the best employees and to enhance overall business performance; Develops and maintains an annual plan on performance management initiatives leading and engaging all country stakeholders

Support the local ExCo, Board and RemCo on all aspects of remuneration. Provide papers, analysis and reporting to enable these governance forums to meet their accountabilities as established under their respective Charters/Terms of Reference

Leads the Bank response to Australia regulatory and legislative change pertaining to remuneration (Sedgwick, BEAR/FAR, CPS 511). Provide subject matter expertise and project management on regulatory consultations and develop plans for complying with requirements by designing solutions and influencing local, regional and global teams

Provides subject matter expertise on local Individual Accountability Regime (BEAR) and Fit & Proper regimes, responsible for administration and notification processes to ensure entity as well as covered individuals are not in breach of obligations

Own the benefits and wellbeing offering for employees. Monitor market trends and employee needs on benefits to enhance HSBC’s offering in line with Global frameworks. Actively work to raise awareness and uptake of HSBC’s benefits. Manage a portfolio of benefits vendors, including all risk and performance related oversight to ensure compliance with internal third-party frameworks

Run the annual performance management and Pay Review cycle

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    200 AU$ / Monthly

    Employer's info

    Registered on October 7, 2017


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    Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.

    New South Wales (commonly abbreviated as NSW) is a state on the east coast of Australia. It borders Queensland to the north, Victoria to the south, and South Australia to the west. Its coast borders the Coral and Tasman Seas to the east. The Australian Capital Territory is an enclave within the state. New South Wales' state capital is Sydney, which is also Australia's most populous city. In June 2020, the population of New South Wales was over 8.1 million, making it Australia's most populous state. Just under two-thirds of the state's population, 5.3 million, live in the Greater Sydney area. The demonym for inhabitants of New South Wales is New South Welshmen.The Colony of New South Wales was founded as a British penal colony in 1788. It originally comprised more than half of the Australian mainland with its western boundary set at 129th meridian east in 1825. The colony then also included the island territories of Van Diemen's Land, Lord Howe Island, and Norfolk Island. During the 19th century, most of the colony's area was detached to form separate British colonies that eventually became the various states and territories of Australia. However, the Swan River Colony was never administered as part of New South Wales. Lord Howe Island remains part of New South Wales, while Norfolk Island has become a federal territory, as have the areas now known as the Australian Capital Territory and the Jervis Bay Territory.

    Source: https://en.wikipedia.org/