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Senior Rewards Specialist
4 weeks ago
About the Role
DBS Bank is seeking a highly skilled and experienced Rewards Specialist to join its Group Human Resources team. The successful candidate will play a key role in developing and implementing effective reward programs to attract, retain, and nurture talent within the organization.
Key Responsibilities
- Develop and maintain a deep understanding of market trends and regulatory requirements to ensure the Bank's reward programs remain competitive and effective.
- Design and deliver innovative reward programs that enhance organizational effectiveness and employee value proposition.
- Collaborate with internal stakeholders to prepare management papers and proposals for internal approvals.
- Lead analysis on pay position and benefits provisions against market benchmarks.
- Develop and implement performance-based pay plans and other incentive compensation practices to reward good performers and attract high-calibre personnel.
- Coordinate with businesses and Business HR to ensure the effectiveness of sales incentive programs.
- Partner with Business HR to deliver appropriate reward solutions and policies in line with business needs and strategies.
- Drive internal communication to ensure HR colleagues understand the Bank's reward programs and policies.
- Lead local market implementation and customization of group rewards initiatives.
Requirements
- Minimum 10 years' experience in rewards related areas, preferably in the banking industry and/or with professional consultancy companies.
- Strong analytical and problem-solving skills.
- Excellent organizational and planning skills.
- Effective communication and interpersonal skills.
- Solid knowledge of internal HR policies and procedures within the banking industry.
What We Offer
DBS Bank offers a competitive salary and benefits package, as well as the opportunity to work in a dynamic environment that supports your development and recognizes your achievements.